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Public Limited Company Registration in India, Fully Managed by Experts

CA/CS-managed SPICe+ incorporation for a Public Limited Company, handled end to end — name reservation ending in “Limited”, DSC, DIN, MOA/AOA drafting with 7 subscribers and the complete SPICe+ (INC-32) filing. 100% online, at a fixed fee quoted upfront with zero hidden charges.

CA/CS-managed SPICe+ filingMin 7 shareholders & 3 directorsRaise public capital / IPO ready
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A Public Limited Company is a company incorporated under the Companies Act, 2013 that can raise capital from the public by issuing shares or debentures and can list on a stock exchange, subject to SEBI regulations. It requires a minimum of 7 shareholders and 3 directors (maximum 15 directors), is registered with the MCA through the SPICe+ (INC-32) form, and has no minimum paid-up capital requirement. Its name must end with the word “Limited”.
7
Minimum shareholdersA Public Limited Company needs a minimum of 7 shareholders and 3 directors (maximum 15 directors), with no upper limit on the number of shareholders.
Understand It

What Is Public Limited Company Registration?

A quick, plain-language explanation before the details.

In simple terms

A Public Limited Company can offer its shares to the general public, raise capital by issuing shares or debentures and list on a stock exchange. It gives shareholders limited liability and a separate legal identity that continues regardless of changes in ownership.

Legally

A Public Limited Company is incorporated under the Companies Act, 2013. It requires a minimum of 7 shareholders and 3 directors (up to 15 directors), and its name must end with the word “Limited”. Shareholders’ liability is limited to their unpaid share capital.

Governing authority

Administered by the Ministry of Corporate Affairs (MCA) via the MCA21 V3 portal, using the SPICe+ (INC-32) integrated incorporation form. Public issues and listings are additionally regulated by SEBI.

Validity

Incorporation is permanent — a company continues until it is wound up or struck off. Annual ROC and income-tax compliance keeps it active. There is no minimum paid-up capital requirement after the 2015 amendment.

Service Intelligence

Quick Facts

Professional Fee
Custom quote
Governing Law
Companies Act 2013
Authority
MCA
Filing Form
SPICe+ (INC-32)
Directors
Min 3, max 15
Shareholders
Min 7, no cap
Capital
No minimum
Mode
100% Online
Before You Start

Is This Service Right for You?

Ideal for

  • IPO-bound companies planning a stock-exchange listing
  • Large-scale businesses that have outgrown the private structure
  • Ventures wanting to raise money from the public via shares or debentures
  • Promoter groups with at least 7 shareholders willing to hold equity
  • Private companies converting to public status to expand shareholding
  • Foreign & NRI promoters setting up a public company (subject to FDI norms)

You may need this if

  • You have at least 7 shareholders and 3 directors ready to hold equity
  • You want to invite the public to subscribe to your shares or debentures
  • You plan an IPO or a future listing on a recognised stock exchange
  • You need wider ownership and access to large pools of capital
  • You want freely transferable shares for easy investor exit
  • You are converting a Private Limited Company up to public status

Not sure if you need this?

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Expert-Managed

Skip the paperwork — we file it for you.

End-to-end Public Limited Company Registration handled by qualified professionals: documentation, government filing and follow-up, all included.

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Why It Matters

Why a Public Limited Company is Important

A Public Limited Company suits large businesses and those planning public fundraising or an IPO. Here is why it matters.

  1. 01

    Raise Public Capital

    Issue shares or debentures to the public and access far larger pools of funding than private structures allow.

  2. 02

    Stock Exchange Listing

    Eligible to list on a recognised stock exchange and launch an IPO, subject to SEBI regulations.

  3. 03

    Limited Liability

    Shareholders’ liability is limited to their unpaid share capital — personal assets stay protected.

  4. 04

    Perpetual Succession

    The company is a separate legal person and continues to exist regardless of changes in shareholders or directors.

  5. 05

    Free Transferability

    Shares are freely transferable, giving investors an easy exit and improving marketability of equity.

  6. 06

    Market Credibility

    Higher disclosure and audit norms build trust with banks, institutional investors and business partners.

Transparent

Simple, Transparent Pricing

Custom quote for your case

Fees depend on your business type and scope. Get a clear, itemised quote upfront — no hidden professional charges, government fee billed at actuals.

Eligibility

Who Can Apply?

IPO-bound companies planning a listing
Large-scale businesses expanding ownership
Ventures raising money from the public
Promoter groups of 7+ shareholders
Private companies converting to public
Foreign & NRI promoters (subject to FDI norms)

Eligibility checklist

  • A minimum of 7 shareholders and 3 directors (maximum 15 directors)
  • At least one director resident in India for 182+ days in the financial year
  • A Digital Signature Certificate (DSC) for each proposed director
  • A Director Identification Number (DIN) — applied within SPICe+ if not already held
  • A registered office address in India with valid address proof and owner’s NOC
  • A unique proposed name ending in “Limited” that does not clash with an existing company or trademark
End-to-End

Everything You Need. One Professional Team.

01

Consultation

Understand your business and confirm a Public Limited Company is the right structure for public fundraising.

02

DSC & DIN

Obtain Digital Signature Certificates and Director Identification Numbers for the directors.

03

Name Reservation

Reserve a name ending in “Limited” via SPICe+ Part A (RUN) with the MCA.

04

MOA & AOA Drafting

Draft e-MOA (INC-33) and e-AOA (INC-34) with the 7 subscribers and correct object clause.

05

SPICe+ Filing

File SPICe+ Part B (INC-32) with PAN, TAN, EPFO, ESIC and AGILE-PRO.

06

Bundled Registrations

EPFO, ESIC and (where applicable) Professional Tax and bank account in the same form.

07

Follow-up

Track the SRN and respond to any MCA resubmission or query on your behalf.

08

Certificate Delivery

Hand over the Certificate of Incorporation with CIN, PAN and TAN.

No Ambiguity

What You’ll Receive

Certificate of Incorporation (COI) with CIN
Company PAN & TAN
DSC & DIN for directors
Approved e-MOA (INC-33) & e-AOA (INC-34)
EPFO & ESIC registration
Company bank account assistance
MCA master-data / dashboard access
Post-incorporation compliance checklist
Checklist

What Documents Are Required to Register a Public Limited Company?

Requirements are grouped by directors/shareholders, registered office and company details. Keep clear scans (PDF/JPG) ready — everything is collected securely online.

Choose a document group

Directors / Shareholders

For every director & shareholder (min 7 shareholders, 3 directors)
5 documents
  • PAN card of each director & shareholder
  • Aadhaar / passport / voter ID / driving licence (identity proof)
  • Latest bank statement, electricity or mobile bill (address proof, within 2 months)
  • Passport-size photograph
  • Passport is mandatory for foreign nationals / NRIs

DSC is mandatory

Every proposed director needs a Class-3 Digital Signature Certificate to sign the SPICe+ forms. We arrange this as part of the process.

Address proof must be recent

The utility bill used for the registered office and for directors’ address proof should be dated within the last 2 months. Rented premises need a rent agreement plus the owner’s NOC.

One resident director

At least one director must have stayed in India for 182 days or more in the financial year. NRIs and foreign nationals can also be directors alongside them.

Name must end in “Limited”

The proposed name must end with the word Limited and must not be identical or too similar to an existing company or a registered trademark. We run a pre-check before filing.

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Transparent Pricing

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Step by Step

How to Register a Public Limited Company (Step by Step)

The entire incorporation happens online through the MCA21 V3 portal.

01

DSC & DIN

Obtain Digital Signature Certificates for the directors and prepare DIN applications.

02

Name reservation

Reserve a name ending in “Limited” via SPICe+ Part A (RUN) with the MCA.

03

MOA & AOA

Draft e-MOA (INC-33) and e-AOA (INC-34) with the 7 subscribers and correct object clause.

04

SPICe+ filing

File SPICe+ Part B (INC-32) with PAN, TAN, EPFO, ESIC and AGILE-PRO.

05

Incorporation

On approval, the MCA issues the Certificate of Incorporation with CIN, plus PAN and TAN. Bank account is opened next.

How Long It Takes

How Long Does Public Limited Company Registration Take?

StageExpected Time
DSC + DIN + name reservationDay 1–4
MOA/AOA drafting + SPICe+ filingDay 4–8
MCA approval + Certificate of IncorporationDay 10–15

With complete documents, incorporation through SPICe+ typically takes about 10 to 15 working days, subject to name approval and MCA processing. Resubmission queries or name rejections can extend the timeline until they are resolved.

Compliance Calendar

Key Dates — At a Glance

FrequencyWhat Is Due
Within 30 DaysFirst board meeting within 30 days of incorporation · Appoint the first auditor (ADT-1) · Open the company bank account
Within 180 DaysFile INC-20A — declaration of commencement of business
AnnuallyAGM by 30 September each year · AOC-4 (financial statements) within 30 days of the AGM · MGT-7 (annual return) within 60 days of the AGM · Statutory audit of accounts · DIR-3 KYC of directors by 30 June
Ongoing / Event-BasedSecurities in demat form for non-small unlisted public companies (Rule 9B) · SEBI / LODR compliance once listed · Regular board meetings & statutory registers

Dates are indicative and may change with government notifications. Our team tracks every deadline so you never miss a filing.

Why Outsource

Doing It Yourself vs TaxClue

Doing It Yourself

  • Assemble at least 7 shareholders and 3 directors correctly
  • Run a proper name & trademark availability check (ending in “Limited”)
  • Obtain DSC and DIN for each director
  • Draft e-MOA/e-AOA with the correct object clause and 7 subscribers
  • File SPICe+ without resubmission errors
  • Handle MCA queries and name rejections
  • Manage the heavier public-company disclosure obligations

With TaxClue

  • Expert confirms the public structure fits your fundraising plans
  • Name pre-checked against companies & trademarks
  • DSC & DIN arranged for all directors
  • e-MOA/e-AOA drafted correctly the first time with 7 subscribers
  • SPICe+ prepared and reviewed before filing
  • MCA queries answered by our team
  • Ongoing compliance reminders for AOC-4, MGT-7 & DIR-3 KYC

Skip the guesswork.

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Avoid Delays

Common Mistakes That Delay Your Application

Failing to line up the minimum 7 shareholders and 3 directors
Choosing a name that does not end in “Limited” or clashes with an existing company/trademark
A vague or incorrect object clause in the MOA
Address proof older than 2 months or a missing owner NOC
No resident director among the proposed directors
Mismatched name / details across PAN, Aadhaar and forms
Under-estimating the heavier post-incorporation compliance of a public company
Ignoring mandatory dematerialisation of securities (Rule 9B)

TaxClue reviews your documents before filing to reduce avoidable errors.

Stay Compliant

What Compliance Applies After Incorporation?

Within 30 Days

  • First board meeting within 30 days of incorporation
  • Appoint the first auditor (ADT-1)
  • Open the company bank account

Within 180 Days

  • File INC-20A — declaration of commencement of business

Annually

  • AGM by 30 September each year
  • AOC-4 (financial statements) within 30 days of the AGM
  • MGT-7 (annual return) within 60 days of the AGM
  • Statutory audit of accounts
  • DIR-3 KYC of directors by 30 June

Ongoing / Event-Based

  • Securities in demat form for non-small unlisted public companies (Rule 9B)
  • SEBI / LODR compliance once listed
  • Regular board meetings & statutory registers
Risk Assessment

Penalties & Consequences

What is at stake if you do not comply

  • Failing to line up the minimum 7 shareholders and 3 directors stalls incorporation
  • Name rejected if it does not end in "Limited" or clashes with an existing company or trademark
  • No resident director (182+ days) blocks the SPICe+ filing
  • Non-small unlisted public companies must dematerialise securities (Rule 9B) or face penalties
  • Heavier annual compliance (AOC-4, MGT-7, DIR-3 KYC) → ₹100/day per form on default
Latest Updates

Regulatory Updates 2025–26

  • 2025: All company and LLP incorporation and filing forms have moved to the MCA V3 portal; the legacy V2 portal has been retired for these forms.
  • 2025: Company incorporation is filed through SPICe+ (Part A name reservation + Part B), bundling PAN, TAN, EPFO, ESIC, professional tax and a bank account.
  • 2025: MCA has waived the incorporation filing fee for companies with authorised capital up to ₹15 lakh.
  • 2025: Private companies (other than small companies) must dematerialise their shares and file the half-yearly PAS-6 reconciliation.
The Difference

Why Businesses Choose TaxClue

01

CA / CS Team

Qualified Chartered Accountants and Company Secretaries handle your incorporation.

02

End-to-End

From consultation to Certificate of Incorporation — fully managed, minimal effort from you.

03

Fast Turnaround

Committed timelines with proactive status updates at every stage.

04

100% Online

Everything over WhatsApp / email — no office visits required.

05

Transparent Fees

A fixed fee quoted upfront — ₹0 hidden professional charges.

06

Post-Service Support

30 days of post-incorporation guidance on your first compliance steps.

Data Care

Your Documents Deserve Professional Care

  • Documents handled by professionals under confidentiality
  • Access limited to the team working on your file
  • Communication over secure digital channels
  • Documents retained only as long as needed for compliance
Talk to a Specialist

Still have a question before you start?

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Answers

Frequently Asked Questions

What is a Public Limited Company?
A Public Limited Company is a company incorporated under the Companies Act, 2013 that can raise capital from the public by issuing shares or debentures and can list on a stock exchange, subject to SEBI regulations. Its name must end with the word Limited.
How many members are required to register a Public Limited Company?
A minimum of 7 shareholders and 3 directors are required, with a maximum of 15 directors. There is no upper limit on the number of shareholders.
Which form is used to register a Public Limited Company?
Incorporation is done online through the MCA using the SPICe+ (INC-32) form, which also bundles PAN, TAN, EPFO and ESIC registration along with e-MOA (INC-33) and e-AOA (INC-34).
Is there a minimum capital requirement for a Public Limited Company?
No. The earlier requirement of ₹5 lakh minimum paid-up capital was removed by the Companies (Amendment) Act, 2015, so a public company can be formed with any authorised capital.
Can a Public Limited Company raise money from the public?
Yes. Unlike a Private Limited Company, a Public Limited Company can invite the public to subscribe to its shares or debentures and can list on a recognised stock exchange after complying with SEBI requirements.
What annual compliances apply to a Public Limited Company?
It must hold an AGM by 30 September, get its accounts audited, and file Form AOC-4 (financial statements) and Form MGT-7 (annual return) with the ROC, along with DIR-3 KYC for directors and regular board meetings.
How is a Public Limited Company different from a Private Limited Company?
A public company needs 7 shareholders and 3 directors, can raise public capital and list on an exchange, and has freely transferable shares. A private company needs only 2 members, caps membership at 200, and restricts share transfers, with lighter compliance.
How long does Public Limited Company registration take?
With complete documents, incorporation through SPICe+ typically takes about 10 to 15 working days, covering DSC and DIN, name reservation, MOA/AOA drafting, filing and issue of the Certificate of Incorporation.
Is dematerialisation of securities mandatory for a public company?
Yes. Under amended Rule 9B of the Companies (Prospectus & Allotment of Securities) Rules, non-small unlisted public companies must issue and hold their securities only in dematerialised (demat) form.
When must a public company file INC-20A?
A declaration of commencement of business in Form INC-20A must be filed within 180 days of incorporation before the company begins operations or borrows funds.
How many directors are required for a Public Limited Company?
A Public Limited Company must have a minimum of 3 directors and can have a maximum of 15 directors. At least one of them must be a resident of India, meaning a person who has stayed in India for 182 days or more during the financial year.
What documents are required to register a Public Limited Company?
For each director and shareholder you need PAN, an identity proof (Aadhaar, passport, voter ID or driving licence), address proof (bank statement or utility bill within 2 months) and a photograph. For the registered office you need a recent utility bill, rent agreement and owner NOC. Foreign nationals must submit a passport.
How much does it cost to register a Public Limited Company in India?
The total cost combines the professional fee, government/ROC fees, stamp duty on the MOA/AOA (which varies by state and authorised capital) and DSC charges. TaxClue quotes a fixed professional fee upfront with government charges billed at actuals, so there are no hidden costs.
Can a Public Limited Company be converted from a Private Limited Company?
Yes. A Private Limited Company can convert to a Public Limited Company by passing a special resolution, altering its MOA and AOA, and filing the required forms with the ROC. It must then meet the public-company minimums of 7 shareholders and 3 directors.
Is a Public Limited Company required to list on a stock exchange?
No. A Public Limited Company can raise capital from the public and is eligible to list, but listing is optional. An unlisted public company can exist and operate without ever making a public issue or listing on a recognised stock exchange.
Can NRIs or foreign nationals be directors of a Public Limited Company?
Yes. NRIs and foreign nationals can be directors and shareholders of a Public Limited Company, subject to FDI norms, provided at least one director is resident in India (182 days or more in the financial year). A passport is mandatory as their identity proof.
Verify Everything

Official Sources & Legal References

Every regulatory detail on this page is drawn from primary law and official government sources. Verify them directly:

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