India's one of the highest-rated legal tax and compliance guidance platform.
4.9 out of 5
(8521)
Verified
Siddhu ManojFounder & CEO of Two-LYP Computations Pvt. Ltd.
“Incorporating my Startup with IncorpX was an incredibly smooth and hassle-free experience. The team was highly professional, guiding us every step of the way with clear communication and prompt support. The registration process was fast, and every detail was handled with precision and accuracy. Highly recommend IncorpX for anyone starting a business.”
Abhishek LohaniDirector at Lohani Learnings
“Company is good and service is also smooth. I used their compliance service and the response was timely with no delay and price are also convenient. They are always available to cater your need.”
Chandan Kr. ChaudharyFounder of Creative Minds
“I am very satisfied with the team of IncorpX for providing the top notch services. Team of IncorpX was giving the update on daily basis was one of the best thing which I experience in Corporate. keep doing it. Thank you!”
Jayavijaya SJFounder of Agro Farms
“Don't think twice.Got my company incorporates here. Tbh very impressed by the quality of service provided by this team. Very organized and friendly team. Had a smooth and peaceful experience. Timely regular updates were provided by the team. Overall a great experience.”
Anoop KrishnanFounder of EIGHTH DAY FORGE
“It's rare to find a service provider who makes the process feel personal - IncorpX absolutely did. From day one, they patiently explained every detail without any jargon, making it easy to understand and stress-free. There was zero chasing, no delays-just efficient, smooth execution all the way through. I felt supported, heard, and confident at every step of registering my company EIGHTH DAY FORGE (OPC) Private Limited. Thanks to Mr. Sriram and his wonderful team.”
Ramesh LankeFounder of EKnal Technologies
“IncorpX made the entire registration process for our company, EKnal Technologies, smooth and stress-free. Their team was professional, efficient, and incredibly supportive from start to finish. Highly recommend them to any founder looking for a reliable partner in their business journey! Special shoutout to Sriram and Aswin-your support, clarity, and responsiveness made the whole process incredibly smooth.”
700+
Businesses Incorporated Every Month
1000+
Ratings Trusted by 2000+ Clients
250+
Professional Network
WHY CHOOSE US?
Expert Legal Team
Experienced legal experts in company formation and corporate law.
Fast Turnaround
Kickstart your venture with efficient company setup, generally processed within a week.
Dedicated Support
Personal manager by your side, every step of the way and beyond.
Complete Documentation
We handle all paperwork and ensure full legal compliance.
Business Growth Tools
Free business resources to fuel your company's success from day one.
24/7 Customer Service
Round-the-clock assistance for all your concerns.
Ready to Go Public with Your Business?
Register your Public Limited Company with professional guidance - setup support from ₹9,999. Typically completed in 10 working days
HERE'S HOW IT WORKS
1. Fill the Form
Simply fill the above form to get started.
2. Call to discuss
Our startup expert will connect with you & complete legalities.
3. Register Your Public Limited Company
Get professional assistance with Public Company incorporation and compliance.
SIMPLE & TRANSPARENT PRICING
MOST POPULAR
Public Limited Company Registration Package
₹9999 /one-time
Complete within 7 days
7-day turnaround 100% guaranteed
Incorporation Certificate
Digital Signature Certificate (DSC)
SEBI Compliance Guidance
GST Registration Assistance
Director Identification Number (DIN)
Complete Documentation Support
Company PAN & TAN
Bank Account Opening Assistance
IPO Preparation Advisory
Post-Incorporation Compliance Support
*Government fees are additional and vary based on company structure
4.9/5 based on 1000+ reviews
Money back guarantee
Secure payment
Top rated service
IncorpX Prime
An all-inclusive solution for startups and expanding enterprises seeking a streamlined, compliant incorporation process.
Key Benefits
Personalised support from dedicated incorporation specialists.
Application prepared and filed within 2 days.
24/7 customer assistance.
Important Notes
We strive to register your preferred business name whenever feasible.
Alternative name suggestions are provided if the preferred name is not approved.
Package includes first-year compliance services: auditor appointment, annual filings, and related obligations.
Public Limited Company Registration is the gateway to large-scale business operations, public fundraising, and stock market listing in India. Governed by the Companies Act, 2013 and regulated by the Securities and Exchange Board of India (SEBI), a Public Limited Company offers unparalleled opportunities for growth, capital access, and credibility.
A Public Limited Company is a type of company that can offer its shares to the general public through stock exchanges or private placements. Unlike Private Limited Companies, there are no restrictions on the transfer of shares, and the company can have unlimited shareholders. The company name must end with "Limited" or "Ltd."
Public Companies are typically chosen by businesses that have ambitious growth plans, require substantial capital investment, or wish to enhance their market credibility. Many of India's largest corporations - from Reliance Industries to Tata Motors - operate as Public Limited Companies, benefiting from access to public capital markets and enhanced corporate governance.
At IncorpX, we specialize in Public Limited Company Registration across India. Our team guides entrepreneurs and businesses through the entire process - from incorporation to IPO preparation and stock exchange listing. We help you build the corporate structure for significant growth and public investment.
What is a Public Limited Company?
A Public Limited Company is a corporate entity that offers ownership stakes (shares) to the general public. It is the most prestigious and regulated form of company structure, designed for businesses seeking substantial capital, wide ownership, and enhanced market visibility.
Unlike Private Companies, Public Companies can have unlimited shareholders and their shares can be freely traded on stock exchanges (if listed). The company is required to maintain higher transparency standards, including public disclosure of financial statements, board compositions, and material events.
A Public Company can be either listed (shares traded on stock exchanges like BSE, NSE) or unlisted (shares not traded on exchanges but can be transferred freely). Even unlisted public companies benefit from the prestige and governance standards associated with public company status.
Key Characteristics of a Public Limited Company:
Unlimited Shareholders:
No cap on the number of shareholders. The company can have millions of investors from the general public.
Free Share Transfer:
Shares can be freely transferred without board approval. No restrictions on share transfers.
Stock Exchange Listing:
Can list on BSE, NSE, or other recognized stock exchanges for public trading.
Regulatory Oversight:
Subject to SEBI regulations (if listed), ensuring investor protection and market integrity.
Did You Know?
India has over 7,000 companies listed on BSE and NSE combined, making it one of the world's largest equity markets. The total market capitalization exceeds ₹350 lakh crores. Public companies can tap into this vast pool of capital through IPOs, rights issues, and follow-on offerings.
Types of Public Limited Companies in India:
Public Companies can be classified based on their listing status and size. Understanding these
classifications helps entrepreneurs choose the right path for their business goals.
Listed Public Company:
Shares are traded on recognized stock exchanges (BSE, NSE). Subject to full SEBI regulations
including LODR (Listing Obligations and Disclosure Requirements). Examples: Infosys, HDFC Bank.
Unlisted Public Company:
Not listed on stock exchanges but has public company status. Shares can be transferred freely
but are traded over-the-counter or privately. Less regulatory burden than listed companies.
SME Listed Company:
Listed on SME platforms of BSE (SME) or NSE (Emerge). Lower compliance requirements, designed
for small and medium enterprises seeking public funding with relaxed listing norms.
Government Company (Public):
Public sector undertakings where government holds more than 51% stake. Subject to additional
oversight and regulations. Examples: Coal India, ONGC.
Deemed Public Company:
Private companies that are subsidiaries of public companies are treated as deemed public
companies and must comply with public company norms.
The choice between listed and unlisted status depends on capital requirements, regulatory
readiness, and long-term business strategy.
What Are the Key Features of a Public Limited Company?
A Public Limited Company offers distinct features that make it suitable for large-scale operations and public investment. Here are the standout features:
1. Limited Liability
Shareholders' liability is limited to the face value of their shares. Personal assets remain protected from company debts.
2. Separate Legal Entity
The company has its own legal identity, distinct from shareholders. Can own property, sue, and be sued in its name.
3. Perpetual Succession
Company existence is unaffected by shareholder changes, death, or bankruptcy. The business continues indefinitely.
4. Unlimited Shareholders
No cap on number of shareholders. The company can have millions of investors from the general public.
5. Free Share Transfer
Shares can be freely transferred without board approval. Promotes liquidity and easy exit for investors.
6. Capital Access
Can raise capital from public through IPOs, FPOs, rights issues, and private placements. Access to vast capital pools.
7. Professional Management
Separation of ownership and management. Board of Directors provides strategic direction, professional executives run operations.
8. Transparency Requirements
Mandatory disclosure of financial statements, board composition, and material events. Promotes investor confidence.
9. Stock Exchange Listing
Can list on BSE, NSE for public trading. Enhanced liquidity and market visibility for shares.
10. Market Credibility
Public company status enhances credibility with customers, suppliers, banks, and partners. Strongest corporate brand.
Benefits of Registering a Public Limited Company:
Why should businesses aspire to become Public Limited Companies? It's about accessing maximum capital, credibility, and growth opportunities. Here are the compelling benefits:
Massive Capital Access
Raise funds from millions of public investors through IPOs and stock market. Access capital at scale unavailable to private companies.
Enhanced Credibility
Public company status signals financial strength and governance. Win trust of customers, vendors, banks, and international partners.
Shareholder Liquidity
Shares can be freely traded on stock exchanges. Investors can easily enter and exit positions, making the company attractive for investment.
Employee Incentives
Offer ESOPs and stock options with market-linked value. Attract and retain top talent with equity compensation tied to public markets.
M&A Currency
Use publicly traded shares as acquisition currency. Execute mergers and acquisitions with equity swaps at market valuation.
Exit Strategy
Promoters and early investors can partially exit through public markets. Realize value while retaining control through strategic selling.
Join India's prestigious public companies with IncorpX's expert guidance!
Difference Between Public Limited Company and Other Business Structures:
Understanding how a Public Limited Company differs from other business structures helps entrepreneurs choose the right entity. While Public Companies offer maximum capital access and prestige, they also require stringent compliance. Below is a detailed comparison.
Pros and Cons of Registering a Public Limited Company:
Explore the comprehensive pros and cons of forming a Public Limited Company in India. This table provides an in-depth comparison of essential factors to help you make an informed decision for your business.
Aspect
Advantages
Disadvantages
Capital Access
Access to unlimited public capital through IPOs, FPOs, rights issues. Can raise billions from equity markets. Institutional investors actively invest.
IPO process is complex, expensive, and time-consuming. Requires investment banks, legal counsel, and extensive preparation.
Ownership & Control
Promoters can retain control while raising capital. Diversified ownership reduces risk concentration. Professional management possible.
Promoter dilution with each funding round. Activist shareholders can influence decisions. Takeover risk from hostile acquirers.
Liquidity
Shares freely tradable on stock exchanges. Easy exit for investors at market price. High liquidity attracts more investors.
Share price volatility affects company valuation. Market sentiment can impact operations. Short-term pressures from traders.
Credibility
Highest credibility among all business structures. Enhanced trust with banks, suppliers, and customers. International recognition.
Credibility comes with scrutiny. Failures and controversies become public. Media attention on any issues.
Clear exit path for promoters and investors. Market-based valuation for exits. Partial exits possible while retaining control.
Lock-in periods for promoter shares. SEBI restrictions on insider trading. Market conditions affect exit timing.
Cost
Lower cost of capital over long term. Access to cheaper debt due to credibility. Reduced reliance on expensive private equity.
High initial setup and IPO costs. Ongoing compliance costs (audit, CS, legal). Annual listing fees to stock exchanges.
Management
Professional board governance. Independent directors bring expertise. Structured decision-making processes.
Board approval required for many decisions. Slower decision-making compared to private companies. Quarterly performance pressure.
Minimum Requirements for Public Limited Company Registration:
Minimum 7 shareholders (promoters)
Minimum 3 directors (at least 1 resident in India)
No minimum paid-up capital requirement
Company name must end with "Limited" or "Ltd."
DIN and DSC required for all directors
Registered office address in India
At least one director must be Indian resident
Unique company name not identical to existing companies
What Are the Documents Required for Public Limited Company Registration?
To ensure smooth Public Limited Company registration, all directors and shareholders must provide proper documentation. Here is the complete checklist of documents required:
Category
Document Type
Specific Examples
Purpose
For Indian Directors
Identity Proof
PAN Card (Mandatory), Aadhaar Card, Passport, Voter ID, Driving License
Establishes director identity as per Companies Act
Address Proof
Recent Utility Bills, Bank Statements, Aadhaar (not older than 2 months)
Verifies residential address
For Foreign Directors
Identity Proof
Valid Passport (notarized and apostilled)
Establishes identity of foreign directors
Address Proof
Utility Bills, Bank Statements (notarized and apostilled)
Verifies foreign residential address
For Shareholders
Identity Proof
PAN Card, Passport, Aadhaar Card
Identifies all 7+ initial shareholders
Address Proof
Recent utility bills, bank statements
Verifies shareholder addresses
For Company Registration
Registered Office Proof
Utility Bill or Property Tax Receipt (not older than 30 days)
Verifies the registered office address
Rent Agreement / NOC
Rental agreement or No Objection Certificate from property owner
Grants permission to use premises
Memorandum of Association (MOA)
Document defining company objectives and capital structure
Defines scope and authorized capital
Articles of Association (AOA)
Document with internal rules and share transfer provisions
Governs internal management and share transfers
For Digital Filing
Digital Signature Certificate (DSC)
Class-3 DSC for each proposed director
Required for signing electronic forms with MCA
Director Identification Number (DIN)
DIN for all proposed directors
Mandatory unique ID for company directors
Additional (if applicable)
Board Resolution
Corporate shareholder's board resolution
Authorizes corporate entity to subscribe
Power of Attorney
PoA for authorized representative
Authorizes filing on behalf of promoters
Step-by-Step Process for Public Limited Company Registration
Registering a Public Limited Company involves a systematic process to meet all regulatory requirements. At IncorpX, we handle the entire process while ensuring full compliance. Here is the roadmap:
Step 1: Digital Signature Certificate (DSC)
Obtain DSCs for all proposed directors (minimum 3 required). The DSC is essential for signing incorporation forms digitally. We help procure Class-3 DSCs quickly.
Step 2: Director Identification Number (DIN)
Every director needs a unique DIN. We apply for DIN for all directors through the SPICe+ incorporation form. Existing DIN holders can use their current numbers.
Step 3: Name Approval (RUN Service)
Choose a unique name ending with "Limited". The name must not be identical or similar to existing companies or trademarks. We check availability and apply for reservation.
Step 4: Draft MOA and AOA
Prepare Memorandum of Association defining company objects and capital structure. Draft Articles of Association with provisions for free share transfer and public company governance.
Step 5: Filing SPICe+ Form
File the SPICe+ form with MCA along with MOA, AOA, and all required documents. This integrated form also applies for PAN, TAN, GST, and other registrations simultaneously.
Step 6: Certificate of Incorporation
Upon approval by the Registrar of Companies (RoC), the Certificate of Incorporation is issued with CIN. Company PAN and TAN are also issued simultaneously.
Step 7: Post-Incorporation Compliances
Open bank account, issue share certificates, appoint auditor (within 30 days), and commence business. File declaration of commencement with MCA.
Step 8: IPO/Listing Preparation (Optional)
If planning to list, engage merchant bankers and begin IPO preparation. Ensure 3 years of audited financials, SEBI compliance, and book-building process.
Get your Public Limited Company registered in just 10-14 days with IncorpX!
Mandatory Compliance Checklist for Public Limited Companies in India:
Registering your Public Limited Company is just the beginning. To maintain legal status, avoid penalties, and prepare for listing, ongoing compliance is critical. Here's a comprehensive table of all compliance requirements:
Aspect
Compliance Requirement
Frequency
Why It's Important
Annual Return Filing
File Form MGT-7 containing details of shareholders, directors, and changes.
Annually (within 60 days of AGM)
Ensures accurate record-keeping with MCA.
Financial Statements
Submit Form AOC-4 including balance sheet, P&L, cash flow, and auditor's report.
Annually (within 30 days of AGM)
Discloses financial position to shareholders and public.
Annual General Meeting
Conduct AGM with shareholder participation to approve accounts, appoint auditors, declare dividends.
Annually (by September 30th)
Key shareholder governance event required by law.
Board Meetings
Hold minimum 4 board meetings per financial year with max 120-day gap.
Quarterly
Regular oversight of company affairs by board.
Director KYC
Submit Form DIR-3 KYC for all directors.
Annually
Keeps director information updated with MCA.
Statutory Audit
Annual audit by a Chartered Accountant (mandatory for all public companies).
Annually
Ensures financial accuracy and compliance.
Company Secretary
Appoint full-time Company Secretary (mandatory for public companies with ₹10 cr+ capital).
Within 6 months of incorporation
Ensures proper compliance and board secretarial functions.
Income Tax Filing
File Form ITR-6 with audited financials. Get Tax Audit if applicable.
Annually
Mandatory corporate tax compliance.
Related Party Transactions
Board and shareholder approval for related party transactions exceeding thresholds.
As transactions occur
Prevents conflicts of interest and self-dealing.
Event-Based Filings
File forms for allotments (PAS-3), charges (CHG-1), change in directors (DIR-12), etc.
Listed companies must comply with LODR regulations.
Why Choose IncorpX for Public Limited Company Registration?
100% Online Process: Complete registration from anywhere in India.
Competitive Pricing: Transparent rates starting at just ₹9,999.
Fast Incorporation: Get your Public Company registered in as fast as 10 days.
Expert Support: Dedicated team with public company and SEBI expertise.
End-to-End Service: From incorporation to IPO preparation guidance.
Ongoing Compliance: Annual filing support and corporate secretarial services.
FAQs on Public Limited Company Registration
Starting a Public Limited Company is a significant step toward large-scale business operations and public capital access. With the right guidance, the registration process can be smooth. We've compiled answers to the most frequently asked questions.
These FAQs cover everything from eligibility requirements to stock exchange listing, helping you make informed decisions.
A Public Limited Company requires minimum 7 shareholders. There is no maximum limit on the number of shareholders, and the company can have millions of public investors.
A Public Company requires minimum 3 directors. At least one director must be an Indian resident who stayed in India for at least 182 days in the previous calendar year. Maximum directors can be 15 (beyond which shareholder approval needed).
No, the earlier requirement of ₹5 lakhs minimum paid-up capital has been removed. However, for stock exchange listing, SEBI has minimum post-issue capital requirements depending on the exchange platform.
A Listed Public Company has its shares traded on recognized stock exchanges (BSE, NSE) and must comply with SEBI LODR regulations. An Unlisted Public Company has public company status but shares are not traded on exchanges. Both allow free share transfer.
Yes, a Private Limited Company can be converted to a Public Limited Company by:
Passing special resolution in general meeting
Altering MOA and AOA to remove private company restrictions
Increasing directors and shareholders to meet minimum requirements
Filing Form MGT-14 and other forms with MCA
With all documents in order, a Public Limited Company can be registered in 10-14 working days. This includes DSC/DIN, name approval, and incorporation. IPO listing is a separate process taking 6-12 months.
Yes, appointing a whole-time Company Secretary is mandatory for public companies with paid-up share capital of ₹10 crores or more. The CS must be a member of ICSI.
Yes, foreigners (individuals and companies) can be shareholders in Indian Public Companies subject to FDI policy and FEMA regulations. Some sectors have FDI caps, and certain sectors require government approval.
Key compliances include:
Minimum 4 board meetings per year
Annual General Meeting within 6 months of financial year end
Filing annual return (MGT-7) and financial statements (AOC-4)
Statutory audit by Chartered Accountant
Director KYC annually
An Initial Public Offering (IPO) is the first sale of shares to the general public. A company can launch an IPO after meeting SEBI requirements including 3 years of profitability track record (main board) or relaxed norms for SME platform.
BSE SME and NSE Emerge are platforms for small and medium enterprises to list with relaxed requirements. Post-issue paid-up capital must be ₹1-25 crores. Easier compliance and lower costs compared to main board listing.
For listed companies and certain unlisted public companies meeting prescribed thresholds, at least 1/3rd of the board must be independent directors. This ensures objective oversight and protects minority shareholders.
Yes, Public Companies can issue equity shares, preference shares, and debentures. Listed companies can also issue ADRs/GDRs for international investors. Different share classes can have different voting rights (DVRs).
SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 govern listed companies. It mandates quarterly financial reporting, corporate governance norms, related party transaction disclosures, and investor grievance mechanisms.
Public Companies are taxed at corporate rates similar to Private Companies. However, listed companies may benefit from lower capital gains tax rates for shareholders. Dividend distribution is taxed in shareholders' hands.
Yes, Public Companies can be wound up voluntarily (if solvent, by shareholder resolution) or by tribunal order (for insolvency or other grounds under Companies Act). Listed companies must also delist from stock exchanges.
Book building is a price discovery mechanism where the issue price is determined based on investor bids within a specified price band. It helps achieve fair market valuation and is commonly used in Indian IPOs.
Yes, Public Companies can buy back shares subject to limits (maximum 25% of paid-up capital in a year). Listed companies must follow SEBI buyback regulations including open offer and tender offer routes.
