Public Ltd Company Registration

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Public Ltd Company Registration in India – Process, Fee, Docs

A Public Limited Company is a type of corporate entity that offers limited liability protection to its shareholders and allows businesses to raise capital by offering shares to the public. It is suitable for large-scale businesses that require significant investment and expansion opportunities.

Public Limited Companies are registered under the Companies Act, 2013, and have the ability to list their shares on stock exchanges through Initial Public Offerings (IPO). This structure is ideal for businesses planning long-term growth, public investment, and large operational capacity.

By registering a Public Limited Company, businesses gain credibility, better funding opportunities, and a structured governance framework that supports scalability and compliance.

Table of Content

  • Process of Public Limited Company Registration
  • Documents Required for Public Limited Company Registration
  • Documents You'll Receive After Incorporation
  • Public Limited Company Registration Fees
  • What is a Public Limited Company?
  • Advantages of Public Limited Company Registration
  • Minimum Requirements for Public Limited Company Incorporation
  • Total Time Required for Registration

Process of Public Limited Company Registration

Public Limited Company registration in India follows a structured online process under the Companies Act, 2013. Below is the step-by-step process to incorporate a Public Limited Company.

Step 1: Application for Digital Signature Certificate (DSC)

Public Limited Company registration is a fully digital process. Therefore, obtaining a Digital Signature Certificate (DSC) is mandatory for all proposed directors and subscribers.

The DSC is required to sign electronic documents during company registration.

The DSC process includes:

  • Document verification
  • Video verification
  • Mobile or email authentication

Once verified, the DSC is typically issued within 24–48 hours.

Step 2: Application for Name Approval

After obtaining the DSC, the next step is to apply for company name approval through the SPICe+ RUN (Reserve Unique Name) service.

While applying for name approval:

  • The proposed company name must be unique
  • It should not match any existing company or trademark
  • The company’s main business activity must be clearly mentioned
  • The name must comply with provisions under the Emblems and Names (Prevention of Improper Use) Act, 1950

It is recommended to check name availability before submission to avoid rejection.

Step 3: Filing of SPICe+ Form (INC-32)

Once the company name is approved, the incorporation application must be submitted through the SPICe+ (Simplified Proforma for Incorporating Company Electronically) Form.

This form includes essential company details such as:

  1. Details of the company
  2. Details of directors and shareholders
  3. Application for Director Identification Number (DIN)
  4. Application for PAN and TAN
  5. Declaration by directors and subscribers
  6. Certification by a professional (CA/CS/CMA)

This step ensures that all company registration details are recorded with the Ministry of Corporate Affairs (MCA).

Step 4: Filing of e-MOA (INC-33) and e-AOA (INC-34)

Along with the SPICe+ form, the Memorandum of Association (MOA) and Articles of Association (AOA) must be filed electronically.

Memorandum of Association (MOA)

The MOA defines:

  • Company objectives
  • Scope of business activities
  • Powers and responsibilities
  • Company constitution

It serves as the foundation document of the company.

Articles of Association (AOA)

The AOA outlines:

  • Internal management rules
  • Roles and responsibilities of directors
  • Governance structure
  • Operational procedures

These documents regulate the functioning of the company.

Step 5: Issuance of PAN, TAN and Certificate of Incorporation (COI)

After successful verification by the Ministry of Corporate Affairs (MCA), the following documents are issued:

  • Certificate of Incorporation (COI)
  • Permanent Account Number (PAN)
  • Tax Deduction and Collection Account Number (TAN)

Once these documents are issued, the company can:

  • Open a current bank account
  • Start business operations
  • Enter into legal agreements
  • Conduct financial transactions

Professional assistance during this stage ensures faster approvals and smooth incorporation.

Documents Required for Public Limited Company Registration

To successfully complete Public Limited Company Registration, specific documents related to directors, shareholders, and the registered office must be submitted for verification.

Identity and Address Proof of Directors / Shareholders

The following documents are required from all proposed directors and shareholders:

  • Passport-size photographs of all directors
  • Copy of Aadhaar Card
  • Copy of PAN Card (or Passport in case of foreign nationals or NRIs)
  • Latest Bank Statement or Utility Bill as address proof
  • Valid mobile number and email ID of each director

These documents help verify the identity and residential address of company members.

Address Proof of Registered Office

Every Public Limited Company must provide valid proof of its registered office location.

Required documents include:

  • Copy of Electricity / Water / Gas Bill (not older than two months)
  • Rent Agreement (if the premises are rented)
  • Copy of Aadhaar Card and PAN Card of the property owner
  • Property Tax Receipt / Sale Deed / Ownership Proof (for owned property)
  • No Objection Certificate (NOC) from the property owner
  • GPS-based photographs of the registered office location

These documents confirm the legal existence of the company’s registered address.

Documents You'll Receive After Incorporation

After successful incorporation of the Public Limited Company, you will receive the following official documents issued by the Ministry of Corporate Affairs (MCA):

S. No.Document NamePurpose
1Certificate of Incorporation (COI)Confirms the legal existence of the company.
2Permanent Account Number (PAN)Required for taxation and financial transactions.
3Tax Deduction and Collection Account Number (TAN)Required for TDS and tax compliance.
4Articles of Association (AOA)Defines internal rules and company governance.
5Memorandum of Association (MOA)Defines company objectives and business scope.
6Director Identification Number (DIN)Unique identification number for directors.
7Digital Signature Certificate (DSC)Enables digital signing of official documents.
8EPF and ESIC Registration DocumentsRequired for employee-related statutory compliance (if applicable).
9Company Master DataContains CIN, registered address, and company details.

Public Limited Company Registration Fees

The total cost for Public Limited Company Registration in India includes government charges and professional service fees. The overall registration cost starts from ₹11,999 and the incorporation process generally takes 14–21 working days, depending on document verification and approvals.

  • Cost Breakdown for Public Limited Company Registration

    StepsCost (₹)Description
    Digital Signature Certificate (DSC)₹7,000Required for directors to digitally sign incorporation documents and complete online filings.
    Government Fees₹1,800Includes statutory filing charges payable to the Ministry of Corporate Affairs (MCA).
    Professional Fees₹3,199Covers documentation, expert consultation, and filing support services.
    Total Estimated Cost₹11,999*Complete cost for Public Limited Company registration under standard conditions.
     

What is a Public Limited Company?

A Public Limited Company is a type of business entity that provides limited liability protection to its shareholders and allows companies to raise capital by offering shares to the general public. It is governed under the Companies Act, 2013 and regulated by the Ministry of Corporate Affairs (MCA) in India.

A Public Limited Company can be incorporated with a minimum of 7 shareholders and at least 3 directors. This business structure is suitable for medium to large enterprises that require significant capital investment and plan to expand their operations through public funding.

Public Limited Companies also have the ability to list their shares on stock exchanges, enabling them to raise funds through Initial Public Offerings (IPO) and attract investors for long-term business growth.

Advantages of Public Limited Company Registration

Registering a Public Limited Company offers several financial, legal, and operational advantages that help businesses grow and build credibility.

01. Limited Liability Protection

One of the major benefits of a Public Limited Company is limited liability protection for shareholders.

This means:

  • Shareholders are liable only up to the amount invested
  • Personal assets of directors and shareholders remain protected
  • Financial risks are limited to company investments

This structure reduces personal financial risk and ensures business security.


02. Separate Legal Entity

A Public Limited Company operates as an independent legal entity, separate from its shareholders and directors.

This allows the company to:

  • Own assets in its own name
  • Enter into contracts legally
  • Sue or be sued independently
  • Borrow funds and incur liabilities

This legal separation enhances business credibility and stability.


03. Ability to Raise Capital

Public Limited Companies can raise funds from the general public by issuing shares.

This helps businesses:

  • Generate large amounts of capital
  • Expand operations and infrastructure
  • Invest in new projects and technologies
  • Reduce dependency on loans

Public investment supports long-term business growth.


04. Higher Credibility and Public Trust

Public Limited Companies generally enjoy greater credibility among investors, customers, and financial institutions.

Benefits include:

  • Improved brand reputation
  • Easier access to funding and partnerships
  • Increased investor confidence
  • Better market visibility

Being publicly registered increases transparency and trust.


05. Free Transferability of Shares

Shares of a Public Limited Company can be freely transferred, making it easier for investors to buy or sell shares.

Unlike private limited companies:

  • Shareholders can transfer ownership easily
  • Liquidity for investors increases
  • Investment opportunities become more flexible
  • Ownership changes can occur smoothly

This flexibility makes Public Limited Companies attractive to investors.