Public Limited Company

What is a Public Limited Company?

A Public Limited Company is a separate legal entity distinct from its shareholders. It can raise funds by issuing shares to the public and enjoys greater credibility, transparency, and growth opportunities compared to private companies.

Key Features

• Separate Legal Entity

• Limited Liability of Shareholders

• Minimum 3 Directors & 7 Shareholders

• Eligible to Raise Capital from Public

• Perpetual Succession

• Transferable Shares

Registration & Compliance Requirements

• Incorporation with MCA

• Digital Signature Certificate (DSC)

• Director Identification Number (DIN)

• Drafting of MOA & AOA

• PAN & TAN

• Statutory Audit

• Annual ROC Filings

• Compliance with SEBI Regulations (if listed)

Advantages

• Ability to raise large capital

• Enhanced credibility and brand image

• Easy transferability of shares

• Suitable for large-scale expansion

• Greater market recognition

Limitations

• High regulatory and compliance requirements

• Public disclosure of financial statements

• More complex governance structure

• Higher incorporation and operational costs

Who Should Choose a Public Limited Company?

• Large businesses planning public fundraising

• Companies preparing for IPO

• Enterprises seeking rapid expansion

• Businesses requiring significant capital investment

How Logicway Advisors Can Help

We provide comprehensive support for Public Limited Company registration and compliance:

• Company incorporation & documentation

• Drafting MOA & AOA

• ROC compliance & statutory filings

• Corporate governance advisory

• Assistance with conversion from Pvt Ltd to Public Ltd