Public Limited Company Registration

    - Hassle free, online registration process provided by professionals.
    - Suitable for Medium and Large Scale Business


Documents Cost Process FAQs

Public Company

A Public Limited Company is the most suitable & trusted form of business registered. Public Limited Registration is suitable for medium to large-scale businesses. At least there should be 7 shareholders and 3 directors during incorporation.

A public limited company is a separate legal entity from its owners. It can enter into agreements under its own name. It has its own separate set of rules, obligations, regulations, and legal rights.

The primary reason for going with Public Company incorporation is shareholders' limited liability. Shareholders are only responsible for the unpaid part of their shares. Promoters prefer Public companies that are aiming for listing on the stock exchange.

Shares of public companies are freely transferrable unlike in private companies. The shareholders are free to buy and sell the shares to anyone. Banks & Financial institutions also prefer this entity for loans and funding. Although there are extra MCA compliance and applicability of other rules and regulations.

Advantages of Public company registration



A LLP is a separate legal entity. LLP partners assumes limited liability only as per the law.



A LLP is a good option to generate fundings from bank or investor against profit sharing.



As a result of getting displayed on stock market people will be able to easily and quickly recognize the brand or name of the company. The more brand recognition and capital a company has, the more business and it will have.



The most obvious advantage of being a public limited company is the ability to raise share capital from the public for growth and diversification, particularly where the company is listed on a recognized exchange.



LLP act governs the Limited liability partnership. LLP credibility is much more as compared to other unregistered entities.



The written agreements are legally enforceable meaning they are valid as long as they go by Contract Act of Indian Government under Partnership Act of 1932.

Documentation for public company


Passport size Photograph


Copy of PAN Card


Copy of Electricity Bil


Sale Deed (if owned)


Copy of Aadhar Card


Address Proof (Bank Statement/Mobile/Telephone Bill)


Copy of rent agreement (if rented)






Process involved in registering a Public Limited Company Registration



Getting sorted with Director identification number and Digital signature

1-2 working days



Applying for the name

3-4 working days



Filling for the incorporation

3-5 working days

Requirements for public company formation

    - DIN and DSC of all the Directors
    - Minimum 3 Directors.
    - Minimum 7 shareholders.
    - At-least one Indian resident Director out of three.
    - Registered office address in India.
    - some amount of capital for starting your company.
Sl. No. Particulars Private Limited Public Limited
1 Minimum Paid Up Capital No minimum criteria No minimum criteria
2 Transfer of Shares Restricted Freely
3 Compliances Moderate High
4 Listing Cannot be listed on a stock exchange & is held privately by the members. Can be listed on recognized stock exchange and trade publicly.
5 Subscriber Shares Has no right to invite public for subscription. Can invite the general public for subscribing shares of the company.
6 Managerial remuneration Cannot Exceed more than 11% of Net profits. No restriction
7 Minimum Requirement Director-Three Shareholder/Members- Two *Directors and Shareholders can be the Same person. Director-Three Shareholder/Members- Seven *Directors and Shareholders can be the Same person.
8 Credibility Moderate High
Mandatory Compliances of a Public Limited Company every year
Minimum number of board and general meetings as prescribed under the Act
Appointment of Auditor
Statutory audit by a chartered accountant
Annual filings to registrar of companies
Maintaining Minutes and statutory registers
Filing of ITR

FAQs About public company

What is a Public Limited Company?
A Public Limited Company is a Company limited by shares in which there is no restriction on the maximum number of shareholders, transfer of shares and acceptance of public deposits. The liability of each shareholder is limited to the extent of the unpaid amount of the shares face value and the premium thereon in respect of the shares held by him. However, the liability of a Director / Manager of such a Company can at times be unlimited. The minimum number of shareholders is 7.
Minimum requirements of shareholders and directors in public company ?
For kick starting a public limited company, there must be at least 7 shareholders and 3 directors and the catch here is that the 3 directors should also be shareholders.
Can the form be re-submitted to registrar of companies in terms of mistake?
No a form once submitted cannot be refilled but if mentioned by MCA as there might be any mistakes and marked as For Resubmission.
Can the shares be exchanged easily in public company ?
Yes the shares can be exchanged easily between the members without major issues, they can trade in the shares also public can buy shares from the company’s name in the market.
How are the compliances in public company ?
The compliances are very high in terms of a public limited company as they deal with the stocks and also direct public share market trades under company’s name.
What are the benefits of public company?
Attract funding in terms of venture capitals and Angel investors. Limited liability of shares and protection for shareholders. Open for public to invest into in the name of company stocks. Can make its own property and debts and as such in the name of the Company. The stock exchange would mention the company’s stock in London exchange.
What are the guidelines for selecting the name of a Company?
The name and object of the company could differ and not be in consonance with each other. Promoters can keep the Company name on their initials. No need to change the company name in case of a business activity change. No need to get any sort of NOC whose name is being used in Company’s name.

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.


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