Public Limited Company
Public Limited Company Registration in India with NR Filings
A Public Limited Company (PLC) is a type of company that offers its shares to the general public and enjoys enhanced access to capital, limited liability for shareholders, and regulatory recognition under the Companies Act, 2013. It is the preferred structure for businesses seeking to raise large-scale funding, list on stock exchanges, and scale operations with public trust.
At NR Filings, we simplify the complex incorporation process to help you establish a compliant and growth-ready public company.
Key Requirements for Registering a Public Limited Company in India
To register a Public Limited Company under the Companies Act, 2013, the following criteria must be fulfilled:
- Minimum Number of Shareholders:
A minimum of 7 shareholders is mandatory. There is no upper limit on the maximum number of shareholders. - Minimum Number of Directors:
At least 3 directors are required. All directors must have valid Director Identification Numbers (DIN). - Authorised Share Capital:
A minimum authorised capital of ₹1 lakh is required at the time of incorporation. - Digital Signature Certificate (DSC):
A DSC is required for at least one director to digitally sign incorporation documents. - Unique Company Name:
The proposed name must comply with MCA naming guidelines—distinct, non-offensive, and not identical to existing companies. - MOA & AOA:
The Memorandum of Association (MOA) and Articles of Association (AOA) define the company’s objectives and internal governance. - Form DIR-12:
This form is used to officially appoint directors during the incorporation process.
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- Easier Access to Capital
Public companies can raise funds by issuing shares to the public, angel investors, or through IPOs—a major advantage for expansion and liquidity. - Limited Liability Protection
Shareholders’ personal assets are protected. Liability is limited to their shareholding. - High Growth Potential
With access to equity capital and increased public trust, PLCs can pursue aggressive growth strategies and mergers/acquisitions. - Easy Transferability of Shares
Shares of public companies are easily transferable, improving liquidity and marketability. - Enhanced Transparency and Credibility
Subject to statutory auditing and regulatory disclosure, public companies enjoy greater investor confidence. - No Maximum Shareholder Limit
Flexibility in equity structuring allows companies to bring on unlimited shareholders as they scale.
Identity and Address Proof
- PAN Cards (for all directors and shareholders)
- Aadhar Card / Passport / Voter ID / Driver’s License
- Residential Proof – Latest electricity bill, bank statement, or gas bill (within 2 months)
Registered Office Documents
- Utility Bill (not older than 60 days) – Electricity, gas, or phone bill with company address
- Landlord’s No-Objection Certificate (NOC)
- Rent Agreement (if the office is leased)
Foundational & Regulatory Documents
- Digital Signature Certificate (DSC) – For all proposed directors
- Director Identification Number (DIN)
- Memorandum of Association (MOA) – Specifies company objectives
- Articles of Association (AOA) – Details operational framework
- Form DIR-12 – Director appointment declaration
- MCA-Approved Company Name Reservation
- Expert Drafting of MOA and AOA
- DIN & DSC Facilitation
- ROC Filing & End-to-End Online Process
- Post-Incorporation Compliance Advisory (including GST, PAN, TAN, and share issuance formalities)
- Support for NRIs and Foreign Shareholders
All-inclusive Public Company Setup – Starting at ₹14,999
Yes, but at least one director must be a resident Indian. NR Filings handles cross-border documentation seamlessly.
No.
Residential or rented addresses are acceptable with proper documentation and landlord consent.
No.
Issuing shares to the public becomes necessary only when opting for an IPO or listing.
Annual ROC filings, statutory audits, board meetings, share allotment, and adherence to SEBI/MCA regulations are essential.
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