Public Limited Company Registration
Turn your big business vision into reality. A Public Limited Company lets you raise capital from the public by issuing shares, list on stock exchanges, and build a large-scale, credible enterprise — the right platform for businesses with ambitions for growth, stability, and long-term success.
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What is a Public Limited Company?
A Public Limited Company (PLC) is a business structure, registered under the Companies Act, 2013, that operates as a separate legal entity from its owners and can raise funds from the general public by issuing shares to investors. The liability of shareholders is limited to the amount they have invested, protecting their personal assets. It requires a minimum of 7 shareholders and 3 directors, with no ceiling on the number of members, and is eligible to list on stock exchanges such as the NSE and BSE.
A Public Limited Company enjoys perpetual succession — it continues to exist even as its ownership or management changes. This structure is ideal for businesses seeking substantial capital for growth and expansion; it enhances credibility in the market and attracts potential investors, which is why many large and ambitious businesses choose this model to support their long-term goals.
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Why Choose a Public Limited Company?
Easy Access to Capital
Raise substantial funds from the public by issuing shares and debentures through IPOs, FPOs, and public issues.
Limited Liability Protection
Shareholders are liable only to the extent of the amount they invest — personal assets stay protected.
Separate Legal Identity
The company exists independently of its owners, holding assets and entering contracts in its own name.
Perpetual Succession
The business continues seamlessly even if its ownership or management changes over time.
Enhanced Credibility & Market Presence
Public status builds a strong professional image and greater trust among investors, customers, and lenders.
Attracts Investors & Fuels Expansion
The ideal platform for companies with long-term growth plans, opening the door to a wide base of investors.
Easy Transfer of Shares
Shares can be transferred with ease, giving shareholders liquidity — a prerequisite for listing.
Better Borrowing Capacity
Financial institutions are typically more willing to extend funding to a Public Limited Company.
Eligibility & Requirements
How to Register a Public Limited Company
Incorporation follows the Companies Act, 2013 and is filed through the MCA SPICe+ form, with additional compliance steps to accommodate public shareholding.
1Step 1: Obtain DSC for All Directors
Each of the three (or more) proposed directors obtains a valid Class 3 Digital Signature Certificate.
2Step 2: Name Approval via SPICe+
Reserve the company name through MCA SPICe+; a public company name must end with the word "Limited".
3Step 3: Draft MOA and AOA
Prepare the Memorandum and Articles of Association setting out the public company’s objects and share structure.
4Step 4: File Incorporation Forms
Submit SPICe+ Part B with AGILE-PRO, eMOA and eAOA, together with director consents and subscriber declarations.
5Step 5: Certificate of Incorporation
The Registrar of Companies issues the Certificate of Incorporation bearing the Corporate Identification Number (CIN).
6Step 6: Commencement of Business
File INC-20A within 180 days of incorporation, confirming receipt of subscription capital, before commencing operations.
Public Limited Company registration typically takes 15–20 working days. Listing on a stock exchange is a separate process requiring SEBI (ICDR) compliance and a public issue.
Documents Required
Director Identity
- PAN Cards of all Directors
- Aadhaar Cards
- Passport-size photographs
- Address proof of each Director
Registered Office
- Ownership deed or Rental Agreement
- Latest utility bill
- NOC from property owner
Company Documents
- MOA & AOA draft
- Consent of Directors (DIR-2)
- Affidavit / declaration from subscribers
Post-Registration Compliance
SEBI Compliance (if listed)
Listed companies must comply with SEBI LODR regulations, insider-trading norms, and periodic financial disclosures.
AGM & Board Meetings
Hold a mandatory Annual General Meeting within six months of the financial year-end and the prescribed board meetings.
Statutory Audit
Audited financial statements must be prepared annually by a qualified Chartered Accountant.
MCA Annual Filings
File AOC-4 (financials) and MGT-7 (annual return), along with other required forms, with the RoC each year.
Common Questions
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