It's Fast. It's Furious. It's Startup. KickStart your Startup Now!

Public Limited (For Indians)

 
Limited company is the ideal choice of corporate entity for medium and large sized businesses that raise equity capital from the public. For Public Limited Company Registration, the company must have minimum 3 Directors, 7 Shareholders and Maximum 50 Directors. However, minimum authorized and subscribed share capital required for public company is Rupees five lakh. A Public limited company have all the advantages of Private Limited Company and the ability to have any number of members, ease in transfer of shareholding and more transparency.
 
As per Company Act 2013 a Public Limited Company is a company that has limited liability and offers shares to the general public. Its stock can be acquired by anyone, either privately through (IPO) initial public offering or via trades on the stock market. A Public Limited Company is strictly regulated and is required to publish its true financial health to its shareholders.
 
A public limited company can have a rather huge magnitude of capital, much more than that gathered by a private limited company. It is legally authorized to trade on stock exchanges. There is no limit to the maximum number of shareholders in a public limited company. Again, shareholders do not have to take part in the day-to-day management of the business of the company.

FAQs of Public Limited Company

Yes an NRI or Foreign National can also be a shareholder or director in a public limited company of India

Yes. A company can change its registered office at any time after following specified procedure.

Question? Call us at +91 8447037100

Get an instant best price for your services