in just 15,000/- (inclusive of all taxes & fees)
Keynotes on Public Limited Registration
Public Limited Company in 10 to 15 days.
Completely online service - No physical presence required
No minimum capital requirement
Public Limited Companies whose shares are traded in stock market or issues fixed deposits. For Public Limited Company Registration, the company must have minimum 3 Directors, 7 Shareholders and Maximum 50 Directors and need Rs 5 Lakhs of Paid up Capital. A Public limited company have all the advantages of Public Limited Company and the ability to have any number of members, ease in transfer of shareholding and more transparency. Public Limited Registration is done through Herambindia.com. In simplified terms, its a proper company registration in India with the ministry of corporate affairs and gives you rights doing business anywhere in India or outside. We are providing services all over India thats Delhi, Kolkata, Up, Uttarpradesh, Agra, Uttarakhand, Punjab,Rajasthan, Himachal Pradesh, Lucknow, Rajasthan, Jaipur, Varanasi, Haryana, Udaipur, Jodhpur, Jharkhand, Assam, Gujarat, Vadodara, Noida, Jaipur, Chhattisgarh, Dehradun, Haryana and Kerala.
Yes, Online Public Ltd Company Registration is possible with OneClick Business Solutions. No requirement of any physical presence. You can register a Public ltd company in India from anywhere at your fingertips.
Minimum 7 shareholders are required to form a public limited company
Minimum of 3 directors is required to form a public limited company
The minimum share capital of Rs. 5 lakhs is required
Digital signature certificate (DSC) of one of the directors is needed while submitting self- attested copies of identity and address proof
Directors of the proposed company will need a DIN
An application is required to be made for the selection of the name of the company
An application comprising the main object clause of the company is to be made. This object clause will define what a company will pursue after its incorporation
Submission of the application to ROC along with the required documents like MOA, AOA, duly filled Form DIR – 12, Form INC – 7 and Form INC – 22 is needed
Payment of the prescribed registration fees to the ROC is required
After obtaining an approval from the ROC, the company should apply for the 'certificate of business commencement.'
Minimum 2 Shareholders
Minimum 2 Directors
The directors and shareholders can be same person
Minimum Share Capital shall be Rs. 100,000 (INR One Lac)
Bank Statement (up to two months old)
Bank Passbook with last two months entries
Latest Electricity Bill
Mobile Bill (postpaid)
Landline Bill (postpaid)
Public Limited Company registration process is very simple with One Click. The whole procedure is completely online and one need not visit our office physically to get the Company registration.
Step 1 - Arrange all required documents : The first step is to arrange all the documents and send the same over the email to us. We will check it and if everything is fine, you will required to pay 50% advance.
Step 2 - DSC, DIN and Name Approval : After receiving the required documents and 50% advance, we shall start your work. We will get the DIN, DSC and the name approval.
Step 3 - File for incorporation : Once your name is approved, you will be required to pay the rest of the amount and then we will be file your companies incorporation. Once approval is granted, the incorporation work stands complete.
DIRECTORS : -
As per the provisions of the Companies Act, 2013 to start a public limited company, a minimum of 3 directors are required and there is no restriction on the maximum number of directors.
LIMITED LIABILITY : -
The liability of each shareholder is limited. In simple words, a shareholder of a public limited company isn't personally responsible for any loss or debts of the company for any amount greater than the amount invested by them; contrary to partnerships and sole proprietorships, where the partners and business owners are jointly and severally liable for the debts of the business. However, this characteristic of a public limited company does not offer immunity to the shareholders. The shareholders will be held responsible for their own illegal actions.
PAID UP CAPITAL : -
A public limited company is required to have a minimum paid-up capital of Rs 5 lakh or such higher amount as prescribed under the act.
PROSPECTUS : -
A prospectus is a comprehensive statement of the affairs of the company issued by a public limited company for its public and there is a requirement under the Act for public limited companies to issue a prospectus. However, there are no such provisions for Private Limited Companies. This is because private limited companies cannot invite the public to subscribe for their shares.
NAME : -
It is a compulsory requirement under the Companies Act, 2013 for all the public companies to add the word 'limited' after their name.
ADVANTAGE OF PUBLIC CO. REGISTRATION
No minimum capital
Secure personal assets
Base to establish NBFC
Best to finance business
DISADVANTAGES OF PUBLIC CO. REGISTRATION
Cannot accept deposits
Yearly compliance cost
Bank finance not available before 2 years
The difference between listed company and public company is very simple. A public company when go to public to raise capital, it had to get registered with stock exchange and once it is registered, then it is also known as listed company.
Any company who wants to raise funds through general public, first have to get themselves listed on any recognized stock exchange. Any company which is being recognized or listed on any stock exchange, is known as listed Company. Like Infosys, Tata, ICICI Bank etc.
Public limited companies is the only class of company which is allowed to raise funds from the general public. The process of listing a company and raising the funds from public by making offer is known as Initial Public Offer (IPO). IPO is the process through which shares are offered by the companies to raise funds.
With One Click, it takes around 10 to 15 days to register the Company. Further, in case you need a quick registration, you need to provide us the documents on time or as early as possible.
There are various statutory compliances prescribed for Public Limited Company in India. Here are glimpse of some of the compliances :
Have to conduct atleast 4 board meeting during the year.
Have to file AGM every year and do the respective filing like MGT 7, AOC 4 etc.
Have to go through an yearly mandatory audit to be done by a Practicing Chartered Accountant.
Need to keep record of register of Members, Minutes book etc.
es, NRI and foreign National can incorporate a public limited company in India without even coming to India. As per the law, all the documents needs to be notarized or apostle from the public notary or Indian embassy of the foreign Country.
Further, NRI and foreign national can also become director in the company.
Practically, public limited company is formed only when someone is planning big like setting up manufacturing plant, opening IT infrastructure etc. Generally, people prefer private Limited Company and public limited company is least preferred. However, if you are serious and planning big, the public limited company is chosen.
Some of the example of Public Limited company are Reliance Communications Limited, TATA Steel Limited etc.
Public limited Company incorporation is done from a totally new procedure, which is done through SPICE e form. The incorporation procedure is as under :
First we apply for Digital Signatures
Then we apply for Director Identification Number (DIN)
Then we apply for Name approval as per your choice
After that in the end, we apply for incorporation through SPICE e form.
Further, as per amended provisions, PAN and TAN are automatically allotted on company incorporation.
PLC company limited is the short form of Public Limited Companies. The word 'INC' in the end is used by the companies registered in USA, e.g. Animaker Inc. etc.
There is no minimum capital requirement for public limited company incorporation in India. Earlier, it was 5 lakh, however to provide ease of doing business in India, the requirement of minimum capital for Public company is withdrawn.
Yes, the company can be incorporated online and you don't need to be present in person. We take care of all the formalities with ease. Hubco.in is a brand in company registration in India.