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Public Limited Company Registration - raise capital from the public

A Public Limited Company is the structure of choice for large businesses that want to raise capital from the public — a separate legal entity with limited liability that can issue shares to the public and list on a stock exchange. We handle your incorporation end-to-end, from DSC and name approval to the Certificate of Incorporation, PAN & TAN.

  • 3 Director Identification Numbers (DIN)
  • Digital Signature Certificates (DSC) for subscribers
  • Company name approval & MOA/AOA drafting
  • Certificate of Incorporation with company PAN & TAN
  • EPF & ESI registration included
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Overview

What is a Public Limited Company?

A Public Limited Company (PLC) is a business structure designed for large enterprises that want to raise capital from the general public. Registered under the Companies Act, 2013 and governed by the Ministry of Corporate Affairs (MCA), it is a separate legal entity from its owners with limited liability protection.

It requires a minimum of 3 directors and 7 shareholders, with no upper limit on the number of shareholders, and at least one director must be a resident of India. Because it can issue shares to the public and list on a stock exchange, it is the preferred vehicle for businesses planning an IPO or large-scale fundraising.

At LegalFidelity, a dedicated expert handles the entire incorporation — DSC and DIN for the directors, company name approval, drafting the MOA and AOA, and filing SPICe+ with the ROC — and delivers your Certificate of Incorporation along with the company PAN and TAN.

Governed by
Companies Act, 2013
Min. members
3 directors, 7 shareholders
Setup time
15–20 working days
Best for
Large businesses raising public capital
Why it matters

Benefits of a public limited company

Limited liability

Shareholders' personal assets are protected — liability is limited to the value of their shares.

Raise capital from the public

Issue shares to the public and, when ready, list on a stock exchange to raise large-scale capital.

Separate legal entity

The company can own assets, sign contracts and sue or be sued in its own name.

Credibility & trust

A listed, MCA-registered public company commands maximum trust from banks, investors and institutions.

Perpetual succession

The company continues to exist regardless of changes in ownership or directors.

Easy transfer of shares

Shares are freely transferable, making it easy for investors to enter and exit.

Eligibility

Who should register a public limited company?

Established businesses planning to raise capital from the public
Companies aiming to launch an IPO and list on a stock exchange
Enterprises that need to raise large amounts of equity capital
Groups of seven or more promoters sharing ownership via shares
Businesses that want maximum credibility with banks and institutions
Checklist

Documents required

Directors & shareholders (KYC)

  • PAN card of every director and shareholder
  • Aadhaar card of every director and shareholder
  • Identity proof (Passport / Voter ID / Driving License)
  • Passport-size photograph of each director

Registered office proof

  • Latest utility bill (electricity / water / gas)
  • Rent agreement (if the premises are rented)
  • NOC from the property owner

Company details

  • Two or three proposed company names
  • Nature of the proposed business activity
  • Authorised and paid-up capital details
How it works

How company registration works

01

Fill the form

Fill the form above to get started and share your basic details.

02

Talk to an expert

Our incorporation expert calls you for a detailed consultation and collects your documents.

03

Get incorporated

We file SPICe+ with the ROC and deliver your Certificate of Incorporation, PAN and TAN.

Ready to get your Public Limited Company Registration?

Talk to a Business Registration expert for free. Fixed quote upfront, no hidden costs.

Compare your options

Public Limited vs Private Limited vs LLP

Not sure which structure fits? Here's how a public limited company compares to the popular alternatives.

Public LimitedPrivate LimitedLLP
Members required7 to unlimited2 to 2002 or more
Minimum directors322 partners
Separate legal entityYesYesYes
Raise capital from publicYesNoNo
List on stock exchangeYesNoNo
Compliance burdenVery highHighModerate
Best forLarge businesses & IPOsStartups raising fundsProfessional firms
Why act now

Compliance you can't skip

A public limited company carries the most stringent annual filing and disclosure requirements. Missing them is expensive and can put your directors and the company itself at risk.

₹100 per day

Late filing of annual returns (AOC-4 & MGT-7) attracts ₹100 per day per form, with no upper limit.

Penalties in lakhs

Failing to appoint the first auditor within 30 days of incorporation can attract penalties running into lakhs.

Fines on every officer

Not holding the Annual General Meeting or board meetings on time invites fines on the company and every officer in default.

Struck off & disqualified

Continued non-compliance can strike the company off and disqualify its directors for up to 5 years.

Questions answered

Frequently asked questions

Generally it takes about 15-20 days to register a Public Limited Company, depending on document readiness and ROC processing.

These are the following steps to register a public limited company in India:

  1. Obtain a Digital Signature Certificate (DSC) for the directors and subscribers of the company.
  2. Make an application for a Director Identification Number (DIN) through the Ministry of Corporate Affairs (MCA) portal for each director.
  3. Fill the SPICe+ Part A form to reserve a name for your company — it must be unique and not similar to any existing company or registered trademark.
  4. Prepare the Memorandum of Association (MOA) and Articles of Association (AOA). These key documents define the scope, rules and regulations of the company.
  5. Submit the incorporation forms SPICe+ Part B along with the required documents.
  6. Pay the registration fees, which depend on the authorized capital of the company, and wait for approval.
  7. Once approved, you'll receive a Certificate of Incorporation from the Registrar of Companies (ROC).
A public limited company is a business entity registered with the Ministry of Corporate Affairs (MCA) that can raise capital by issuing shares to the public. It is a separate legal entity from its owners, offers limited liability, and can be listed on a stock exchange.
A Public Limited Company requires a minimum of 7 shareholders (with no maximum limit) and a minimum of 3 Directors. At least one Director must be a resident of India.
Any individual, including a Non Resident Indian (NRI), can be a director. The Director must be at least 18 years of age and must have a Director Identification Number (DIN).

No, a Public Limited Company requires at least 3 directors and 7 shareholders. If you are a single entrepreneur, you can opt for a One Person Company (OPC) or a Private Limited Company instead.

There is no mandatory minimum paid-up capital requirement to start a Public Limited Company. You can incorporate with an authorized capital that suits your business plan.
No, at LegalFidelity.com the company registration process is completely online. You just need to send scanned copies of all the documents required for the incorporation.
Yes, you can register a company at your residence. You only need to submit any utility bill along with a No Objection Certificate (NOC) from the owner.
  • PAN & Aadhaar card of directors and shareholders
  • Identity proof of directors (Passport/Voter ID/Driving License)
  • Address proof of directors (Bank statement/Rent agreement/Utility bill)
  • Registered office address proof
  • Passport-size photos of all directors
The mandatory compliances are:
  • Auditor appointment
  • Audit of accounts
  • Annual Return Filing (MGT-7)
  • Filing of Financial Statements (AOC-4)
  • Holding the Annual General Meeting (AGM) and board meetings
  • Preparation of the Directors' Report
  • A Public Limited Company needs at least 3 directors and 7 shareholders, can raise capital from the public and can list on a stock exchange.
  • A Private Limited Company needs at least 2 directors and 2 shareholders, cannot invite the public to subscribe to shares, and is preferred by startups.
Yes, FDI or Foreign Direct Investment is allowed in a Public Limited Company, subject to the applicable sectoral caps and RBI guidelines.
Yes, a Public Limited Company can be converted to a Private Limited Company or, subject to conditions, to other structures. Such conversion requires shareholder approval and ROC filings.
Public Limited companies are taxed at 22% (new regime) or 30% (old regime), plus applicable surcharge and cess.
As long as all annual compliances are done, the company remains active. If compliances are not done, it becomes dormant and can be struck off from the register of the Registrar of Companies (ROC).
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What Our Clients Say

LegalFidelity made starting my business incredibly simple. Their step-by-step guidance and expert support were invaluable — from name approval to my first GST return, one team handled everything.

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Their expertise in business registration and compliance saved us countless hours. Highly recommended!

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