Public Company have inherent advantages over private company, including the ability to sell future equity stakes and increased access to the debt markets. A Public Limited Company is incorporated and governed by the Indian Companies Act 2013.

Limited Company Registration in India is a purely separate legal entity distinct from its members and directors. It has the advantage of limited liability, greater stability and recognition. The basic requirement for a Public Limited Company in India is to have minimum three directors and seven shareholders.

• Public Companies can issue shares to the public through the stock exchanges or stock market.
• These can also raise additional capital by issuing debentures and bonds from the public on the basis of their financial performance.
• These are commonly known as Publicly Traded Companies or Publicly Held Companies.
• Shares of these Companies are freely transferable that provides more liquidity to its shareholders.

Documents Required for Public Limited Company in India :

1. Self attested copy of Pan Card of all the proposed directors in case of Indian (minimum 3 directors and minimum 7 Shareholders) & Passport in case of foreign nationals.
2. Self attested copy of Address Proof (Passport/DL/Aadhar Card/Voter Id) of all the proposed directors and Shareholders.
3. Self attested copy of Bank Account Statement/Electricity Bill/Mobile Bill of all the proposed directors.
4. Passport size Photographs of all the proposed directors and shareholders.
5. Duly signed DSC Form of the all directors of the proposed company.
6. Copy of current Electricity Bill/Water Bill/House Tax Etc for the premises proposed to be used as Registered Office of the Company.
7. If the property is rented, then rent agreement and NoC from Owner of Property.

INFORMATION REQUIRED FOR PUBLIC LIMITED COMPANY IN INDIA 

Directors Detail:

1.      Educational Qualification of all the Directors.

2.      Profession/Occupation of all the directors with area of Operation

3.      Citizenship alongwith Residential Status of all the Directors

4.      Place of Birth of all the Directors

5.      Permanent & Present Residential Status of all the Directors

6.      Contact Numbers of all the Directors

7.      Email Ids of all the Directors

Company Detail

1. Preference wise Proposed names of the Company
2. with Significance of the name
3. State in which Company is to be registered.
4. Authorized and Paid Up capital of the Proposed Company
5. Main Object of the Proposed Company
6. Division of paid Up capital among the Subscribers.
7. Number of Proposed Directors
8. Number of Proposed Shareholders
9. Name of the bank in which Company bank Account will be preferred.
10. Email id of The Company.

What you get after Public Limited Company Registration :

1. 1. Unique Director Identification Number (DIN) for life time
   2. Digital Signature Certificates (DSC)
   3. Reservation the name for your Company.
   4. Certificate of Incorporation
   5. Rubber Stamp of the Company
   6. PAN Card of the Company
   7. Proper Incorporation File
   8. Bank account opening documents
   9. Draft Copies of MOA & AOA.
   10. GST Registration

Advantages of Limited Company Registration :

• LIMITED LIABILITY: It is an important benefit of incorporation, once shareholders have paid for their shares; the members of the company have no further liability to contribute towards debt incurred by the company.
• SEPARATE LEGAL ENTITY: A company is a legal entity and a juristic person established under the Act. Therefore a company has legal capacity to own property and incur debts. The members (Shareholders/Directors) of a company have no liability to the creditors of a company for such debts.
• ACCESS TO FINANCE: A Public Company can easily obtain finance from banks and other financial institutions as these types of institutions are more willing to extend finance to this type of company than to smaller forms of business entities.
• BRAND AWARENESS:  Since these types of companies are often listed on stock exchanges, people will be easily and quickly recognize the brand or name of the company.
• MORE CAPITAL: Since a public company can sell its shares to the public thus the potential capital that can be raised is larger. A sole proprietorship or ordinary business partnership cannot usually raise the same amount of capital without additional leverage.
• CAPACITY TO SUE AND BE SUED: The Company being legal person has full right like a natural person to institute legal proceedings against or to bring a suit in a court of law and also can be sued in its own name.
• FREELY TRANSFERABLE: Shares of these types of companies are freely transferable that provides more liquidity to its shareholders.
• CONTINUITY OF MANAGEMENT: The management of a company might be separate from its ownership. Management of the business can then continue in spite of any changes in shareholders. Employees can be promoted to senior management positions without necessarily holding any shares in the company. They can also be given shares as an incentive.
• OWNING PROPERTY: A company being a legal person, can acquire, own, enjoy and alienate property in its own name. No shareholder/director can make any claim upon the property of the company so long as the company is a going concern
• ABILITY TO TAP FINANCIAL MARKETS: The biggest advantage to these types of companies is their ability to tap the financial markets by selling stock (equity) or bonds (debt) to raise capital (cash) for expansion of business activities.
• Requirement of Minimum capital Rs. 500000 is removed by amendment under Companies Act, 2013.

10-20 days (Subject to ROC Response) after receipt of all the necessary documents, the breakup of the number of days is as follows:-