Public Limited Company

If you’re planning to launch a business on a large scale in India, registering a Public Limited Company (PLC) can be a strategic move. This business structure not only offers limited liability and corporate status but also allows you to raise capital from the public by issuing shares on the stock exchange — something private companies can’t do.

At Legit Filings, we help you get your Public Limited Company registered smoothly and compliantly. From documentation to filing and approvals, we make the process fast, transparent, and hassle-free, so you can focus on scaling your business.

What is a Public Limited Company?

A Public Limited Company (PLC) is a type of business entity where the ownership is shared with the general public through the issue of shares, which may be listed on stock exchanges. This makes it possible to access a wider pool of investors, which is great for raising capital and expanding your operations.

A public company is more strictly regulated than a private company and must follow the guidelines laid out in the Companies Act, 2013. While at least 7 shareholders are required to start a PLC, there is no upper limit to the number of shareholders.

Management is handled by a Board of Directors, but ownership lies with the shareholders, who have voting rights and a say in key decisions.

Key Features of a Public Limited Company

•Minimum 3 Directors are required (no upper limit).

•The company name must end with “Limited” to denote public status.

•A prospectus must be issued to share company and financial details with potential investors.

•The company should have a minimum authorised share capital of Rs. 1 lakh to meet the initial financial requirements for registration.

•Can invite public investment by listing on stock exchanges (if applicable).

Types of Public Limited Companies

Listed Company
- Shares are traded on stock exchanges (like NSE or BSE).
- Subject to higher compliance, transparency, and reporting norms.
- Ideal for companies seeking wide-scale investment and visibility.
Unlisted Company
- Not listed on any stock exchange.
- Still has public shareholders but avoids the complexity of being listed.
- Useful for companies that want to raise capital without entering the open market.

Why Choose a Public Limited Company?

Here are the top advantages of going public:

Greater Access to Funds: Raise capital from the general public through share issuance.
Increased Credibility: Being a publicly held company builds brand trust and investor confidence.
Limited Liability: Shareholders are only liable for the unpaid value of their shares.
Growth Opportunities: Easy access to capital supports expansion plans.
Easy Share Trading: Public shares can be bought/sold, giving flexibility to shareholders.
Unlimited Shareholders: Start with 7 and grow without restrictions.

Documents Required for Registration

You’ll need to submit the following documents for each director and shareholder:

Identity Proof: Aadhaar Card, PAN, Voter ID, or Passport.
Address Proof: Utility bills, bank statements, or government-issued ID with address.
PAN Card Copy
Company Address Proof: Recent utility bill (within 2 months).
Landlord’s NOC: If the business address is rented.
DSC (Digital Signature Certificate) for directors.
MOA & AOA: Foundational documents for governance and purpose.

Public Limited Company Registration Process

Here’s how Legit Filings simplifies the process for you:

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Get Digital Signature Certificates (DSC)

All proposed directors and subscribers must obtain DSCs for digital authentication of documents filed online with MCA.

Apply for Director Identification Number (DIN)

DIN is required for all directors. If you don’t already have one, we help you apply along with your registration.

Check Company Name Availability

We help check name availability and apply for name reservation through the MCA portal. The name should be unique and meet legal guidelines.

File the SPICe+ Form

This integrated form includes:

• Company registration
• DIN allotment
• PAN & TAN applications
• MOA & AOA submissions

We’ll help complete and file it accurately.

Certificate of Incorporation (COI)

Once the Registrar of Companies (RoC) approves your application, you receive the Certificate of Incorporation, which includes:

• CIN (Corporate Identification Number)
• Company name
• Date of incorporation

Apply for PAN and TAN

After incorporation, we apply for your company’s PAN and TAN — necessary for tax filing and TDS.

Open a Company Bank Account

Using your COI, PAN, MOA, and AOA, open a current account in your company’s name to begin operations.

Why Register with Legit Filings?

We’re not just another filing service. At Legit Filings, we believe in empowering entrepreneurs and businesses to grow — minus the red tape.

When you register your Public Limited Company with us, you get:

Expert guidance at every step
End-to-end document preparation and submission
PAN, TAN, GST, and other registration support
Affordable and transparent pricing
MCA-compliant processes handled by experienced professionals

Ready to Get Started?

If you’re looking to raise funds, scale operations, or add credibility to your business, registering as a Public Limited Company is the smart next step — and Legit Filings is here to make it simple.

Start your registration journey today with Legit Filings and build a strong foundation for your business.

Let’s get your Public Limited Company registered — the right way.