Public Limited Company

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Public Limited Company Registration in India – Process, Documents & Fees

A Public Limited Company (PLC) is an ideal business structure for large-scale enterprises that require substantial funding. It offers the benefit of limited liability protection and the ability to raise capital from the public by issuing shares. Registered under the Companies Act, 2013, such companies can even list on the stock exchange and invite public investment through Initial Public Offerings (IPO).

This guide explains the meaning, benefits, requirements, registration process, documents, and fees for Public Limited Company Registration in India.

Public Limited Company Registration Certificate [Sample]

What is a Public Limited Company?

A Public Limited Company is a legally recognized business entity with limited liability features. It can issue shares to the public, making it easier to raise equity capital. Governed by the Companies Act, 2013 and regulated by the Ministry of Corporate Affairs (MCA), it requires:

  • A minimum of 7 members

  • At least 3 directors

  • A minimum paid-up capital of ₹5 lakhs

It is best suited for businesses with long-term growth goals and a need to access public funding.

Advantages of Registering a Public Limited Company

  • Limited Liability Protection
     Personal assets of directors and shareholders remain secure in case of business losses or debts.

  • Separate Legal Entity
     The company exists as a distinct entity and can own assets, enter contracts, and bear liabilities in its own name.

  • Easier Access to Capital
     Shares can be issued to the general public, making fundraising easier compared to private companies.

  • Enhanced Credibility
     Being listed on the stock market boosts transparency and builds strong investor confidence.

  • Free Transfer of Shares
     Unlike private companies, shares in a PLC can be freely transferred without needing approval from other shareholders.

Minimum Requirements for Public Limited Company Registration

  • At least 7 shareholders

  • A minimum paid-up capital of ₹5 lakhs

  • Minimum 3 directors

  • Registered office address in India

Process of Public Limited Company Registration in India

Step 1: Apply for Digital Signature Certificate (DSC)

Since the entire process is online, DSC is mandatory for directors and subscribers. The application involves:

  • Document verification 
  • Video verification 
  • Phone verification 

The process is quick and usually completed within 24 hours.

Step 2: Apply for Name Approval

The company name must be unique and approved through the SPICe+ RUN form. Ensure the name:

  • Does not resemble an existing company name 
  • Does not violate the Emblems and Names (Prevention of Improper Use) Act, 1950 

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

This form is used to electronically register the company and includes:

  • Company details 
  • Director & shareholder details 
  • Application for DIN (Director Identification Number) 
  • Application for PAN & TAN 
  • Professional declaration 

Step 4: Drafting of e-MoA (INC-33) & e-AoA (INC-34)

  • Memorandum of Association (MoA): Defines the company’s objectives, powers, and scope. 
  • Articles of Association (AoA): Specifies the internal management and rules of the company. 

Step 5: Issuance of Incorporation Certificate, PAN & TAN

Once documents are approved by MCA, the company receives:

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

With these, you can open a current bank account and begin operations.

Public Limited Company Registration Fees in India

Steps Cost (₹)
Digital Signature Certificate ₹7,000
Government Fees ₹1,800
Professional Fees ₹3,199
Total ₹11,999

Why Choose Clarvex for Public Limited Company Registration?

At Clarvex, we simplify the entire registration process with end-to-end support. Our experts ensure compliance with the Companies Act and smooth handling of all formalities.

  • ✅ One-stop corporate solutions

     

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  • ✅ Free expert consultation

     

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FAQs – Public Limited Company Registration in India

Q1. How many members are required to form a Public Limited Company?
 A minimum of 7 members is required, with at least 3 directors.

Q2. Can a Public Limited Company be listed on the stock exchange?
 Yes, it can be listed and raise funds from the general public through IPOs.

Q3. How long does the registration process take?
 It typically takes 14–21 working days, depending on document approval by MCA.

Q4. What is the minimum share capital required?
 A Public Limited Company must have a minimum paid-up capital of ₹5 lakhs.

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