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A Public Limited Company is ideal for large businesses planning to raise funds from the public and operate at a national or global level. PROBAY™ provides complete Public Limited Company registration and compliance support under the Companies Act, 2013.
A Public Limited Company (PLC) is a corporate business structure incorporated under the provisions of the Companies Act, 2013 and registered with the Ministry of Corporate Affairs (MCA). It is a company whose shares can be offered to the general public and may also be listed on a recognized stock exchange subject to regulatory approvals.
Once incorporated, a Public Limited Company can own property, enter into contracts, sue or be sued, and conduct business operations in its own name independent of its owners.
Public Limited Companies are typically established by businesses that intend to raise large amounts of capital from investors, expand operations on a large scale, or eventually list their shares on stock exchanges. Due to their transparent governance structure and regulatory oversight, Public Limited Companies are often preferred by large enterprises, manufacturing companies, infrastructure businesses, and corporations planning public investment.
Public Limited Companies in India operate under a detailed legal and regulatory framework designed to ensure transparency, investor protection, and corporate accountability.
Companies Act, 2013
Rules, circulars, and notifications issued by the Ministry of Corporate Affairs (MCA)
Securities and Exchange Board of India (SEBI) Regulations applicable in case of Listed Companies
Applicable Income Tax laws and Goods and Services Tax (GST) regulations
All incorporation filings and statutory compliances are conducted electronically through the MCA portal, ensuring a streamlined and transparent process.
A Public Limited Company is suitable for businesses that require large-scale capital investment and structured corporate governance.
For organizations planning long-term expansion and public investment opportunities, a Public Limited Company offers a robust and scalable corporate structure.
Before incorporating a Public Limited Company in India, certain minimum legal requirements must be fulfilled.
The directors and shareholders can be individuals or corporate entities. In many cases, promoters initially hold shares before offering them to the public in later stages.
Proper documentation is required for verification of directors, shareholders, and the registered office of the company.
The following documents are generally required:
Proof of the company’s registered office address may include:
Note: Providing complete and accurate documentation helps ensure a smooth incorporation process.
The incorporation process for a Public Limited Company generally takes 10 to 15 working days, depending on several factors, including:
Professional assistance helps minimize delays and ensures faster registration.
We assist businesses not only in company incorporation but also in establishing a strong legal and regulatory foundation for growth
Let PROBAY™ help you register your Public Limited Company efficiently while ensuring full legal and regulatory compliance.
Find questions and answers related to the registrations, tax filings, updates, and support.
There is no prescribed minimum capital requirement under the Companies Act, 2013.
Yes, shares of a Public Limited Company are generally freely transferable.
A prospectus is a document issued to invite the public to subscribe to the company’s shares or debentures.
Yes, shares can be issued at a price higher than their face value.
Yes, it can establish subsidiary companies in India or abroad.
Yes, the company can change its registered office by following the prescribed legal procedure.
Yes, it can accept public deposits subject to compliance with applicable regulations.
Yes, it can be converted into a Private Limited Company by following the legal procedure.
Yes, the company’s name can be removed from the ROC register if it is not carrying on business.
Yes, it can enter into joint ventures with other companies or entities.
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