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Public Limited Company Registration

A Public Limited Company can offer shares to the public, list on stock exchanges, and raise substantial capital. It is governed by SEBI and the Companies Act and requires a minimum of 3 directors and 7 shareholders.

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Reviewed byBusiness registration expert•Updated May 5 2026, 02:30 PM
Professional Fees
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Estimated Time
20-30Working Days
Minimum 3 directors and 7 shareholders required
Name approval with 'Limited' suffix
MOA & AOA drafting and review
MCA SPICe+ filing
Company Secretary appointment advisory
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Public Limited Company Overview

A Public Limited Company is suitable for large-scale businesses that plan to raise capital from the public and eventually list on stock exchanges like the BSE or NSE.

Establishing a formalized structure through Public Limited Company is a critical milestone. It not only grants you legal recognition and credibility in the market but also offers significant operational advantages. This includes limited liability protection, better access to formal credit and funding, and the ability to attract top-tier talent and partnerships. We ensure that your foundational compliance is rock-solid from day one.

Our team helps with eligibility checks, document collection, application preparation, filing, and follow-up support so the process stays clear from start to finish.

Eligibility

To register a Public Limited Company, you need a minimum of three directors, seven shareholders, and no minimum capital requirement. At least one director must be an Indian resident.

Minimum 3 Directors
Minimum 7 Shareholders
At least 1 Resident Indian Director
No Minimum Paid-up Capital

Benefits

Public Capital Raise

Issue shares to the public and raise large-scale capital.

Stock Exchange Listing

Can apply for BSE / NSE listing to enhance visibility and liquidity.

High Credibility

Public Ltd status commands strong trust from lenders and business partners.

No Capital Limit

No upper limit on authorized or paid-up capital.

Documents Required

  • PAN Card of all directors (minimum 3)
  • Aadhaar Card of all directors
  • Passport-size photograph of all directors
  • Address proof of all directors (bank statement / utility bill)
  • Identity and address proof of all shareholders (minimum 7)
  • Registered office address proof (electricity bill / rent agreement)
  • NOC from property owner (if rented)
  • Proposed company name (minimum 2 options)
  • Memorandum of capital structure (authorized capital details)

Process

Step 1

Name Approval (RUN on MCA)

Check name availability and reserve the proposed name with the 'Limited' suffix.

Step 2

DSC & DIN for Directors

Acquire Digital Signatures and Director Identification Numbers for at least 3 directors.

Step 3

Draft MOA & AOA

Expert drafting of Memorandum and Articles of Association customized for a public entity.

Step 4

File SPICe+ on MCA

Submit the incorporation application containing details of directors, subscribers, and capital.

Step 5

Certificate of Incorporation

The MCA issues the incorporation certificate, PAN, and TAN.

Step 6

Appoint Company Secretary

Mandatory appointment of a whole-time Company Secretary for compliance management.

Step 7

Open Bank Account

Open a corporate bank account and deposit the initial subscription money.

Timeline

The typical timeline for Public Limited Company Registration is 20 to 30 working days, depending on name approval and MCA processing times for the extensive documentation required.

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Frequently Asked Questions

What is a Public Limited Company?

It is a company whose shares can be traded publicly and requires a larger compliance framework compared to a private limited company.

How many directors and shareholders are needed?

A minimum of 3 directors and 7 shareholders are required to start a Public Limited Company. There is no maximum limit on shareholders.

Can a Private Limited Company be converted to a Public Limited Company?

Yes, a Private Limited Company can be converted into a Public Limited Company by passing a special resolution and modifying its MOA and AOA.

Is it mandatory to list on a stock exchange?

No, it is not mandatory to list on a stock exchange immediately. An unlisted public company can exist and operate.

What are the compliance requirements?

Public Limited Companies have stringent compliance requirements including statutory audits, quarterly financial reporting, and mandatory board meetings.

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