Public Limited Company

A Public Limited Company is a type of business entity that allows businesses to raise funds from the general public by offering shares. It is governed by the Companies Act, 2013, and is the perfect choice for businesses looking to expand and establish a strong market presence. Public Limited Companies enjoy enhanced credibility and offer their shareholders limited liability protection.

A Public Limited Company can raise capital by issuing shares to the general public through an Initial Public Offering (IPO) or other mechanisms.

The liability of shareholders is restricted to the unpaid amount on their shares, providing protection for personal assets.

A Public Limited Company is treated as a distinct legal entity, independent of its shareholders and directors.

Shares of a Public Limited Company can be easily transferred, enhancing liquidity for investors.

Public Limited Companies are more credible and trusted by investors, customers, and stakeholders due to their transparent structure and compliance with regulatory requirements.

  • Minimum 3 Directors and 7 Shareholders are required to establish a Public Limited Company.
  • No maximum limit on the number of shareholders.

Advantages of a Public Limited Company

  • Easy Access to Funding: Public Limited Companies can raise capital through public investments, private placements, and debentures.
  • Growth Opportunities: Greater funding options enable large-scale growth and expansion.
  • Business Continuity: A Public Limited Company remains unaffected by the departure or death of any shareholder or director.
  • Enhanced Brand Value: Being a publicly-traded company increases the credibility and visibility of the business.

Karttech’s Public Limited Company Registration Services

At Karttech, we make the process of registering a Public Limited Company seamless and straightforward. Our comprehensive services include:

1. Expert Consultation

  • Guidance on the legal framework, compliance, and prerequisites for a Public Limited Company.
  • Assistance in deciding the right structure based on your business goals.

2. Company Name Approval

  • We assist in selecting and reserving a unique name for your company through the Registrar of Companies (RoC).

3. Preparation of Essential Documents

  • Drafting key documents such as:
    • Memorandum of Association (MoA): Lays down the objectives and scope of the company.
    • Articles of Association (AoA): Defines rules and regulations for the company’s internal management.
    • Other statutory documents required for incorporation.

4. Filing and Registration

  • Submission of incorporation documents with the Ministry of Corporate Affairs (MCA).
  • Securing the Certificate of Incorporation, which grants your business legal recognition.

5. Statutory Compliance

  • Assistance in obtaining PAN, TAN, GST, and other essential registrations.
  • Guidance on regulatory filings, such as prospectus drafting for IPOs.

6. Post-Incorporation Support

  • Help with statutory audits, board meeting compliance, and annual filings with the MCA.
  • Assistance in opening a company bank account and setting up financial systems.

Why Choose Karttech for Public Limited Company Registration?

  • Experienced Professionals: Our team has deep expertise in company law and compliance.
  • End-to-End Support: We manage everything from advisory to post-registration compliance.
  • Faster Turnaround Time: We ensure your company is registered quickly and without errors.
  • Cost-Effective Solutions: Affordable packages to suit your budget and business goals.

Requirements for Public Limited Company Registration

    1. Minimum 3 Directors and 7 Shareholders.
    2. Director Identification Number (DIN) and Digital Signature Certificates (DSC) for directors.
    3. A registered office address in India.
    4. Documents required:
      • PAN cards of directors and shareholders.
      • Address proofs (Aadhar Card/Utility Bill).
      • Passport-sized photographs.
      • Proof of registered office (Rent Agreement, Utility Bill, or Ownership Documents).