• +91- 9643640714

  • 0120-4134791

  • info@unilexconsultants.com

WHAT IS PRIVATE COMPANY TO PUBLIC COMPANY CONVERSION

Conversion of private company to public company takes place with the prior approval of Registrar of Companies (ROC) of the state in which the company registered office is situated. It is a very cumbersome process as it not only involves alterations in MOA and AOA and dealing with all creditors of the company but also liasoning with various government authorities. The authority will grant the approval of conversion after satisfying itself that the Company has complied with the requisite provisions for registration of company. If so satisfied, ROC shall cancel the former registration of company and issue fresh certificate of incorporation.

The primary reason for going with such conversion is expansion and diversification of existing company’s business or the company craves for seed funding and want to bring a Initial Public Offer (IPO) after getting itself listed in the stock exchange.

At Unilex Consultants we provide you a hassle free conversion process which would be dealt by our experienced advocates within a time frame of 1-2 months and is subjective to governmental processing time. Our team takes care of the documentation and aids in provide you the realistic estimation of cost.

Advantages of conversion of Private to Public Company


Public Companies can only get listed in stock exchange
Better way for expansion and diversification of business
Have better credibility in the market
Can raise funding from the market through IPO

Documents for Public to private company conversion


Latest financial statements

MOA and AOA

List and affidavit from creditors

Affidavits from Directors

Various signed resolutions

Minutes of the meetings held.

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Procedure for Private to Public limited Company conversion

Preparing Board meeting and EGM documents.

Alteration of MOA & AOA.

Minutes preparation.

Filing MGT-14 form to ROC.


Preparing attachments of INC 27.

Filing form INC 27 for approval with ROC.

Prior requirements of conversion or private limited to public company

  • Special resolution shall be passed by the members for approval of the conversion.
  • Members to be increased upto minimum 7
  • Directors to be increased upto minimum 3.
  • All the four restrictions of private company to be removed from AOA.
  • Annual filings of the company needs to completed before conversion.
  • Company has not defaulted in repayment of debenture/deposits/interest.

FAQ’s ABOUT PRIVATE COMPANY TO PUBLIC COMPANY CONVERSION

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WHY CHOOSE UNILEX?

Well with highly qualified professionals in our team along with the technology gives edge over others, as a result highly rated professional services with full customer satisfaction is assured. We help to grow and manage your business letting you to concentrate on your business.

MSME REGISTERED
Unilex is registered with the Ministry of Micro, Small & Medium Enterprises (MSME), a part of Government of India.

ISO 9001:2015 CERTIFIED
Unilex is a ISO certified body, assuring the quality professional services to aspiring startups

MONEY BACK GUARANTEE
Subject to our terms and conditions, money back is guaranteed if we failed to give 100% customer satisfaction

GOOGLE PARTNER
Unilex is a Google Partner. Google Partners are tasked with helping businesses market their service or products online.

Testimonial Slider

  • “With a proficient team of professionals, Unilex provides a ready solution for every business related problem and never compromises on the final quality of services provided”. Navnit Kachalia
    Chairman and Managing Director, Navnit Group of
    Companies, Mumbai

  • “Getting your work done through Unilex is surely giving it in safe hands. Without a second thought, get associated with them”.

  • “Unilex has its unique way of meeting all your legal compliances and that too at a comparatively low cost.” Sudhir Budhrani
    Managing Director, Sudhir Life Sciences Pvt. Ltd.
    Indore

  • “The best part about getting your work done through Unilex is, that they don’t share your trouble, indeed they make you trouble free!”

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