A Public Limited Company (PLC) is ideal for large-scale business operations. Unlike private companies, PLCs can raise capital from the public by offering shares on stock exchanges, providing access to a broader pool of investors.

They combine the benefits of a corporate entity with limited liability protection for shareholders.

DCMSIndia simplifies the process of registering your public limited company, offering end-to-end services from registration to compliance management. Start your journey today with DCMSIndia!

What is a Public Limited Company?

A public limited company allows the general public to own shares traded on established stock exchanges. This structure enables widespread investment and ownership while adhering to stricter regulatory standards under the Companies Act, 2013.

• Minimum Members: 7 shareholders (no upper limit).
• Management: Governed by a board of directors and managed by an executive team.
• Key Requirement: Includes “Limited” in the company name to signify its public nature.

Key Characteristics of a Public Limited Company

1. Board of Directors: Minimum of 3 directors; no upper limit.
2. Company Name: Must include “Limited.”
3. Prospectus: Issued to provide investors with detailed operational and financial information.
4. Capital Requirements: No minimum paid-up capital requirement; companies can structure capital flexibly.

Types of Public Limited Companies

1. Listed Companies: Shares are traded on stock exchanges, offering liquidity and exposure to a diverse investor base.
2. Unlisted Companies: Shares are not publicly traded, providing simpler regulatory requirements while accommodating a broad shareholder base.

Requirements for Registration

1. Minimum Shareholders: 7 (no maximum limit).
2. Board of Directors: At least 3 directors with valid Director Identification Numbers (DINs).
3. Authorised Share Capital: Minimum of ₹1 lakh.
4. Digital Signature Certificate (DSC): Required for electronic document submission.
5. Unique Company Name: Must comply with the Companies Act guidelines.
6. Foundational Documents: Memorandum of Association (MOA) and Articles of Association (AOA).

Advantages of Public Limited Company Registration

1. Easier Access to Capital: Public investment boosts growth opportunities.
2. Limited Liability: Shareholder liability is limited to their investment.
3. Growth Opportunities: Access to funds for expansion and increased operational efficiency.
4. Flexible Shareholder Structure: No limit on maximum shareholders.
5. Easy Share Trading: Shares are easily tradable, attracting more investors.

Required Documents for Registration

1. Identity Proof: Aadhaar, PAN, or voter ID for directors and shareholders.
2. Address Proof: For all members involved.
3. Company Address Proof: Recent utility bill (not older than two months).
4. Landlord’s Consent Letter (if applicable).
5. Digital Signature Certificates (DSC): For directors.
6. Foundational Documents: MOA and AOA.

Registration Procedure

1. Obtain DSC: Secure digital signatures for directors.
2. Apply for DIN: Get Director Identification Numbers through the SPICe form.
3. Check Name Availability: Ensure the proposed name is unique and compliant.
4. File SPICe+ Form: Submit this comprehensive incorporation form along with MOA and AOA.
5. Certificate of Incorporation: Issued by the Registrar of Companies (ROC) upon successful verification.
6. Apply for PAN and TAN: Essential for tax compliance.
7. Open Bank Account: Use incorporation documents to open a corporate bank account.

Why Choose DCMSIndia?

DCMSIndia provides expert support to navigate the complex procedures involved in registering a public limited company. From document preparation to compliance, we handle every step so you can focus on growing your business.

Get started today and establish your public limited company with ease!