Keynotes on Public Limited Registration
It takes 10 to 15 days for Public Limited Registration
Completely online service - No physical presence required
Minimum capital to start Rs. 5,00,000/-
A public limited company is a significant business with the goal of raising money from the general public through various channels, such as an IPO (Initial Public Offering), a draught, etc. Although there isn't a cap on the number of members present, any membership above 500 requires SEBI (Securities and Exchange Board of India) clearance.
The biggest supplier of business services is click4 Business Solutions. We register public limited companies online to hasten the process with just a few mouse clicks. Our experts are committed to making it simple for budding entrepreneurs to launch and establish their businesses. We offer the greatest business services at competitive prices at a reasonable price.
At click4 Business Solutions, we have extensive knowledge of the process of registering a public limited company. To incorporate and establish their enterprises, new business owners want a hassle-free registration service. To prevent legal issues, we are knowledgeable on how to register a public limited business.
We have a group of knowledgeable registration consultants at our organization. Because it is our top priority to assist young entrepreneurs in incorporating their enterprises, we are committed to processing company registration forms flawlessly.
A public limited company registration with us is therefore appropriate at this time. To incorporate your public limited company, please get in touch with us right away.
In India, a public limited company is the most common type of business.
Public limited companies' shares are exchanged on the stock market. Public limited companies are the ones who offer fixed deposits. A public limited company must have at least 7 shareholders, 3 directors, and 5 lakhs in paid-up capital in order to register.
All the benefits of a private limited company are available to public limited companies. Increased transparency makes it simple to transfer ownership.
Yes, Click4 Business Solutions offers the quickest response time for online public limited company registration. You are not required to physically be at your desk. You are only a few clicks away from registering a Public Limited Company in India from anywhere. In West Bengal, Kolkata, Delhi, UP, Maharashtra, MP, Mumbai, Jaipur, Varanasi, Lucknow, Uttarakhand, Dehradun, Assam, Gujarat, Haryana, Pune, Punjab, Rajasthan, Bihar, Jharkhand, and Uttar Pradesh, we provide quick public limited company registered at the lowest cost with step-by-step instructions. To provide its clients with public limited company registration online service, we have a team of trained professionals.
At least 7 individuals –To start a Public Limited Company in India, you must have at least seven people in your company. These 7 people are eligible to serve as shareholders and directors of the company. Although there is no upper restriction on the number of people who can become shareholders in a public limited corporation.
Three or more directors are required,one of whom must be an Indian citizen.
Nominal share capital -For a public limited company, Rs. 5 lakh in authorized capital and minimum subscribed share capital are required.
DSC -A crucial requirement for starting the public limited company registration process is a digital signature (DSC). Every form that is submitted needs to be self-attested.
Required information :
Email address and phone number
Aadhaar and PAN
When submitting self-attested copies of address and identification documentation, a digital signature certificate from one of the directors is necessary. All seven shareholders must affix their digital signatures to the articles of association and memorandum of association (e-Form) (e-Form).
An application using the RUN Form must be made in order to choose the company's name.
The major object clause of the company must be included in the memorandum of association. This object clause might specify the goals that a company will pursue after incorporation. The application must be filed to the ROC (Registrar of Companies) via the SPICE e-Form along with all necessary paperwork, including the AOA (Articles of Association), MOA (Memorandum of Association), Form INC-9, properly filled out Form DIR-2, and Form INC-10.
The ROC must receive the necessary MCA registration costs.
The company should apply for the certificate of business beginning once it has received ROC clearance.
Distinctive name –
A public limited company's name must be distinctive and cannot be the same as any other company name or trademark that already exists.
A Public Limited Company must disclose its financial situation to its shareholders and is handled severely.
Directors passport size photograph.
Photocopy of passport or driver's license or voter card
A current telephone or mobile bill or bank statement is needed
Photograph of PAN Card of directors for reduced liability
Copy of signed documents.
Rent agreement in case of rented property
Property papers if the property is owned
The business's gas, electric, and water bills are crucial.
Providing a No Objection Certificate in the required format from the landlord is required.
Public Limited Procedure registration is fairly simple. You don't need to visit our office to finish the company registration because the entire process is 100% online.
All necessary documents must be organized first. After that, they must all be organized and delivered to us via email. The documents will be examined by our executives. Our executive will begin the registration process if everything is satisfactory.
Once we have received all the necessary paperwork, our experts will begin the DSC and name approval processes.
File for completing incorporation - We will file for the formation of your firm as soon as the approval of the name is complete. The job of incorporation will be finished once approval has been received.
The liability of each shareholder is restrained. A public limited company's shareholders are not responsible for any losses or debts that exceed the amount they invested. The owners and partners of a partnership or sole proprietorship are jointly and severally accountable for the debts of the business, in contrast to this. Although shareholders will be accountable for their criminal acts and cannot benefit from this feature of public limited companies.
The corporation may have up to 15 directors, with a minimum of 3 required. In the event that a special resolution is approved, it may select more than fifteen directors.
There is no maximum number of shareholders and a minimum of 7 shareholders.
According to the act, a public limited company must have a paid-up share capital of at least 5 lakh rupees to operate.
According to the act, a public limited company must have a paid-up share capital of at least 5 lakh rupees to be able to operate.
It is an exhaustive report of business affairs provided by a public limited company. According to the laws, public limited companies must publish a prospectus. However, private limited companies are not covered by such provisions. As a result, private limited companies are unable to solicit the public to subscribe to their shares.
The corporation continues to operate even after the death of its shareholders, regardless of their status.
Directors and members of the Public Limited Company are only liable for the value of their shares.
Since the general public is allowed to purchase shares, anyone can finance a public limited business. Consequently, it raises the organization's capital.
Due to the lower risk, this is the ideal time to invest in new projects in order to grow and extend the company. By allocating shares, the investment is made with the money.
Unlike private limited businesses, shares may be transferred at any time without the approval of other shareholders.
A public limited company's legal entity is distinct from its shareholders or promoters.
Public limited companies are able to purchase, sell, and own property just like individuals.
A Public Limited Company is known for its ability to take out loans from banks and other financial organizations. Public limited corporations have access to a variety of financial tools. However, the other categories of corporate entities cannot access them.
When compared to other business entities, public limited companies have more effective management. A large pool of experts and seasoned people guarantees well-organized management in public limited companies.
Deposits are not permitted.
Before two years, bank financing is not available.
There is an annual cost of compliance
Public limited companies are recognized as unique legal entities with restricted liability. A public limited company's shares may be openly exchanged and sold to the general public. The words "Public Limited Company" are consequently inserted after its name.
A public limited firm is not appropriate for the government's startup program, no.
A digital signature certificate indicates that a person with authority has signed crucial papers digitally or electronically. For documents that are hard copies, this is not applicable.
The Director Identification Number, or DIN, is given to the current or prospective Directors of organizations that are or will be registered. The Ministry of Corporate Affairs has been given this.
Yes, a foreigner or NRI is eligible to serve as a director and shareholder for an Indian company. On the company's board of directors, there should, however, be at least one Indian resident.
Minors cannot be directors because DIN is required. A DIN can only be obtained by those who are at least 18 years old.
A salaried person may serve as a director of an organization, but only if the requirements for that position align with their employment contract.
It covers the maximum permissible share capital that a firm may issue to shareholders. A firm may alter its authorised share capital as needed from time to time. Depending on what the organisation needs, subject to member or shareholder approval.
The issued share capital of the organisation is what is referred to as paid-up share capital. This is the number of shares that an organisation has issued to its shareholders.
Minors cannot be directors because DIN is required. A DIN can only be obtained by those who are at least 18 years old.
The primary location for a company to conduct business is its registered office. The entire official correspondence is sent to this address.
A company's bylaws are found in its articles of association. This covers the laws and regulations that the business upholds. It includes the responsibilities, goals, and powers of the Board of Directors, as well as things like share issuance and transfer procedures, borrowing power, and voting rights.
Yes, through ROC's legal process, paid-up capital and allowed capital may be increased.