Public Limited Company

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Public Limited Company

Public Limited Company is preferred for medium and large-sized businesses in India if they are planning to raise funds from the general public.

The primary advantage of a Public Limited Company is that it can raise capital from the public by issuing shares to investors in the form of IPO (Initial Public Offering). Thus, it is considered to be more transparent in its business model as compared to other types of business entities. In comparison to a Private Limited Company setting up a Public, LTD. Co. has stringent requirements. A Public LTD. Co. has a minimum of 7 members and there is no capping on the upper limit of the members of the company. A Public LTD. Co. keeps its operations distinct from its ownership to quite an extent. It is only a Public LTD. Co. that can have its shares listed on Indian stock exchanges such as NSE (National Stock Exchange) and BSE (Bombay Stock Exchange).

eStartIndia is the best online platform for services relating to Public LTD. Co. registration in India, offering a variety of company registration services like Private Limited Company Registration, One Person Company (OPC) registration, LLP registration, Nidhi Company Registration, Section 8 Company registration, Producer Company registration,  Indian Subsidiary registration, and FSSAI registration.

eStartIndia will help you to register a Public LTD. Co. from the comfort of your home, offering you services that are very specialized and tailored for each individual.

Get a free consultation for Public Limited Company registration with Our Top Rated Experts with simple Registration.

Advantages of Public Limited Company

  • Separate Legal Entity -- A Public LTD. Co. is an entity with a distinct identity from its shareholders and a separate juristic person as per the Companies Act 2013. This provides the company with many rights such as opening a bank account under its name, obtain licenses, hire employees, and enter into contracts and has more legal capacity.

  • Perpetual Existence -- A Public LTD. Co. continues to exist until it is legally dissolved by its directors. Death or departure of its directors for any reason has no effect on the company’s existence and the company continues to exist even when there is a change in ownership.

  • Easy share allocation and redirection - The ownership of a Public LTD. Co. can be easily transferred by the method of transferring shares. The process is as simple as signing and filing a share transfer form along with individual share certificates subject to the approval of other shareholders.

  • Property Ownership -- Since a Public LTD. Co. is a juristic person; it can own and sell the property under its name. As long as the company is a running concern, the property owned under the company name cannot be claimed by any of the directors.

  • Capacity to Borrow – Financial institutions such as banks prefer to give loans to a Company in comparison to LLPs or other proprietary concerns. There are many options available with a Public LTD. Co. to raise funds. A company can accept public deposits, raise debentures both secured and unsecured, and can also issue equity shares

Documents Required

Minimum Requirement

  • A minimum of 3 directors
  • A minimum of 7 shareholders
  • A minimum of 1 director to be Indian Resident
  • Shareholder and director can be the same person
  • DSC (Digital Signature Certificate) for 2 directors
  • DIN (Director Identification Number) for ALL company directors

Documents required for registration


  • Copy of PAN card for Indian Nationals;
  • Notarized and/or apostilled passport copy for Foreign Nationals

Identity Proof:

  • Passport; or
  • Aadhar card; or
  • Voter ID; or
  • Driving license
  • Passport size photographs

 Address Proof:

  • Copy of Telephone/Mobile or Electricity bill; or
  • Bank Account Statement (Less than 2 months old)

Company Address Proof:

  • Telephone/Mobile/Electricity/Gas bill (Less than 2 months old); AND
  • In case of rented premises a notarized copy of Rent Agreement with a No-Objection Certificate (NOC) for conducting business;
  • In the case of self-owned premises registered title document


  • Declaration of interest by Directors
  • A resolution passed by Promoter company if any
  • MOA and AOA of the Company

Registration Process

eStartIndia will help you to register a Public Limited Company from the comfort of your home, offering you services that are very specialized and tailored for each individual.

Get a free consultation for Public Limited Company registration with Our Top Rated Experts with simple Registration.

Step 1

Obtain DSC & DIN -- eStartIndia will apply for Digital Signature (DSC) and Director Identification Number (DIN) (about 1 – 2 working days)

Step 2

Name Approval -- eStartIndia will apply for company name approval (about 2 – 3 days)

Step 3

MoA and AoA Submission -- eStartIndia will prepare MoA and AoA (about 5 – 7 days)

Step 4

Certificate of Incorporation, PAN, TAN, Bank Account -- eStartIndia will file for obtaining Certificate of Incorporation (CoI), PAN, TAN & Bank Account (about 10 – 12 days)

Step 5

Congratulations! Your work is done. You can download your Incorporation Certificate and Incorporation kit from your dashboard.



14999 /-

    Package Includes:

    • Free Company Name Search & 1Run Name Approval
    • Free Experts Advice
    • 7 DSC
    • 3 DIN for Directors
    • 10 Lakh Authorized Capital
    • Company PAN & TAN
    • Incorporation Certificate
    • Incorporation Customized Kit
    • Shares Certificate
    • MOA & AOA
    • Bank A/C opening documents support
    • Continuous legal support
    • Stamp duty  extra

(All Inclusive)


16999 /-

    Package Includes:

    • Basic Package
    • GST Registration

(All Inclusive)


18999 /-

    Package Includes:

    • Basic Package
    • GST Registration
    • Trademark Filing

(All Inclusive)


What is the number of directors in a Public LTD Co?

A Public LTD. Co. can have a maximum number of 15 directors and a minimum of 3 directors.

Is there any limit prescribed for the number of shareholders/members in a Public LTD Co?

The minimum number of shareholders/members must be 7 in a Public LTD. Co. and there is no capping on the upper limit.

Does a Public LTD Co require renewal every year?

 No. A Public LTD. Co. continues its existence until it is regular in meeting its annual compliances. In case a Public Limited Company fails to comply with its annual compliances its status changes to a dormant company.

Can NRIs/Foreign nationals hold shares in a Public LTD Co?

Yes. FDI guidelines issued by the government need to be adhered to prior to issuing shares to NRIs/Foreign Nationals.

Is it possible for Public LTD Co to issue or trade shares with public?

Yes. A Public LTD. Co. can offer shares to the public through IPO (Initial Public Offer), and can also trade shares on registered stock exchanges.

What is the qualification for an individual to be a director of a Public LTD Co?

There is no mandatory qualification for an individual to be a director of a Public LTD. Co. and any natural person above the age of 18 can become a director.

What is a DIN?

A DIN or the Director Identification Number is a unique number that identifies the director of a company. When any person is appointed as a company director, the DIN must be mentioned in the relevant documentation.

What is DSC?

A digital signature certificate or a DSC is an electronic signature of a person which is in encrypted form. DSC is used for the signing of e-forms (electronic forms) while filing documents for company registration.

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