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Business Setup

Public Limited Company Registration in India

Public Limited Company registration for large-scale operations, wider shareholding and access to public capital – with company secretaries handling every filing.

  • 15–20 working days
  • Minimum 3 directors, 7 members
  • Shares freely transferable
  • Company secretary support
Public Limited Company Registration in India

What is a Public Limited Company?

A Public Limited Company is a company incorporated under the Companies Act, 2013 that can invite the public to subscribe to its shares and whose shares are freely transferable. It needs at least three directors and seven shareholders and follows stricter governance and disclosure rules than a private company. In return, it can raise capital at scale – including through a stock exchange listing.

When should you choose a Public Limited Company?

  • You plan to raise capital from a large number of investors or list on a stock exchange.
  • You want shares to be freely transferable without restrictions in the articles.
  • You run a capital-intensive business such as infrastructure, manufacturing or financial services.
  • Your lenders, partners or regulators require the governance standards of a public company.

Key requirements

  • Minimum 3 directors (at least one resident in India) and 7 shareholders.
  • A unique name ending with “Limited”.
  • A registered office address in India.
  • Appointment of a statutory auditor within 30 days of incorporation.
  • Board meetings, AGMs and annual filings with the Registrar of Companies; listed companies have additional SEBI obligations.

Private vs Public Limited Company

FeaturePrivate LimitedPublic Limited
Minimum members27
Minimum directors23
Maximum members200No limit
Share transferRestrictedFreely transferable
Raising money from publicNot allowedAllowed

Most early-stage startups are better served by a Private Limited Company, which can be converted into a public company later. We will advise you on the right choice before filing.

Checklist

Documents required for Public Limited Company

After you purchase, log in to My Account → My Services and upload each document below. Scanned copies or clear phone photos (PDF, JPG or PNG) are fine. Your files are stored privately and seen only by your assigned expert.

  • PAN card of each director and shareholder Clear copy; mandatory for Indian nationals Required
  • Aadhaar card of each director and shareholder Front and back Required
  • Passport-size photograph of each director Recent photo with a plain background Required
  • Address proof of each director Bank statement, electricity, mobile or telephone bill not older than 2 months Required
  • Registered office address proof Electricity, water or gas bill of the office, not older than 2 months Required
  • Rent agreement or NOC from the property owner NOC from the owner if the office is rented or owned by a relative Required
  • Passport of foreign national / NRI directors Notarised or apostilled copy, if any director is a foreign national or NRI If applicable
Step by step

Public Limited Company process with Nevo Legal

  1. Structure & name search

    We review your plans, check name availability and prepare the capital structure.

  2. DSC & DIN

    Digital signatures for all directors, and DINs for new directors through the incorporation form.

  3. Name approval

    Name reservation application filed with the Ministry of Corporate Affairs.

  4. MOA, AOA & SPICe+ filing

    Charter documents drafted and filed with declarations from directors and subscribers.

  5. Incorporation

    Certificate of Incorporation issued with CIN, PAN and TAN.

Deliverables

What you get

  • Certificate of Incorporation with CIN
  • Memorandum & Articles of Association
  • Company PAN and TAN
  • Digital Signature Certificates for directors
  • Post-incorporation compliance checklist
FAQs

Public Limited Company – frequently asked questions

What is the minimum capital for a Public Limited Company?

There is no prescribed minimum paid-up capital under the Companies Act, 2013. The capital should reflect the needs of the business.

Can a Public Limited Company be unlisted?

Yes. Most public companies in India are unlisted. Listing on a stock exchange is a separate process governed by SEBI regulations.

How many directors must be resident in India?

At least one director must have stayed in India for a total of at least 182 days in the previous calendar year.

Can a Private Limited Company convert to a Public Limited Company?

Yes. A private company can convert by amending its articles, increasing directors and members to the required minimum and filing the prescribed forms with the Registrar.

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