How to Start Public Limited Company in India?

Know how to start public limited company in India with JR Compliance - an action-oriented firm and complete the public limited company registration process immediately. 

To know more about how to register a public limited company, contact our consultants immediately.

Visit our page to learn about Private Limited Company Registration In India

What is a Public Limited Company?

Under Companies Act, 2013, a Public Limited Company refers to a company with limited liability and provides its shares liberally to the general public. Moreover, the stock of the Public Limited Company can be acquired by any individual, either privately or through tardes. 

Also, to form a Public Limited Company a company should have at least three directors, seven shareholders, and a maximum fifty directors, including the minimum paid up capital of Rs 5 lakhs

A Public limited company enjoys the benefits of a private limited company Registation.

Registration of a Public limited company is as important as that of private limited company because it offers a number of benefits like ease to transfer the shares, more transparency, easy access to loans or government tenders, and more. 

Though, it is a well known fact that a public limited company is governed much more strictly as compared to the private limited company. Therefore, for a layman it is tough to take care of registration on his own. 

That’s why, we - JR Compliance follows an integrated approach to provide you assistance in how to start a public limited company in India requirements by understanding each aspect of your business. To ensure timely completion of registration, we are equipped with the consultants and resources who are abreast with all the necessary information regarding the same. Thus, making registration unchallenging.

 

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Major Benefits of a Public Limited Company

As a public limited company, it sells shares to the larger part of the general public, which helps in dispersing the unsystematic risk. Thus, reducing the fear of facing the risk alone by a shareholder. 

Limited liability is one of the finest features of the public limited company as it does not impose the company's debt on its members. In other words, the member of the company is not liable to pay the debts or loss of the company by selling their personal assets for the amount greater than their invested capital. 

It is easy for the public limited company to obtain loans hassle-free , which might be tough to obtain in case of a private limited company. Including, if the public limited company is registered under the prescribed provisions, obtaining from financial institutions and banks will become more feasible. 

As mentioned, a public limited company  offers its shares to the general public in larger quantities, which indicates that any individual can invest in a public company. That provides an opportunity to raise more capital. 

In addition to which, listing of public limited companies on a stock market, provides more and better business opportunities to a company to grow and diversify.

How to Start Public Limited Company in India?

Check the availability of the name of the company.

Once the company's will be finalized, an application for a Digital Signature Certificate (DSC) and Director Identification Number (DIN) will be filed.

Then, an application for Memorandum of Association (MoA) and Article of Association (AoA) needs to be filed.

Thereafter, an application for the PAN and TAN of the company will be filed.

With PAN and TAN, the certificate of incorporation will be issued.

Lastly, on the name of the company a current account will be opened.

Moreover, the application form will be submitted along with the required documents.

To know how to register a public limited company, JR Compliance Delhi's #1 choice because we posses required experience and exemplery consultants who can assist you in how to start public limited company in India process to ensure proper documentation, helps in checking the availability of the company’s name, filling the application, etc. 

Moreover, we will also provide you 100% support in taking care of all the aspects of public limited company registration, starting from educating you in regard to what is a public limited company, how to start a public limited company, documents requirement, and more - we have got it covered.

Our Role in Public Limited Company Registration

Our consultants will provide you complete support in how to register a public limited company.

We will assist you in the process of documentation to ensure document submission accurately.

Our consultants will invest their time and efforts in filing the application.

If rquired we will provide you bank account opening support. 

We provide you with a DSC and DIN number that is the essential requirement for public limited company registration. 

We will provide 24*7 support to solve any query you may have.

Ministry of Corporate Affairs (Public Limited Company)

Conclusion

With the experience of over 8+ years - JR Compliance is equipped with all the resources to take care of public limited company registration requirement. That's why to make certification seamless for your clients we remain in direct contact with the officials to ensure the accuracy while completing the registration.

Beside providing you support in registration, we have all the resources and experts to provide you 100% assistance in documentation too. Therefore, making registration of a public limited company more feasible.

Hence, for expert and professional services, contact us immediately.


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