Public Limited Company Registration

A Public Limited Company (PLC) is a type of business entity in India that offers shares to the general public and has limited liability. It is governed under the Companies Act, 2013 and regulated by the Ministry of Corporate Affairs (MCA) and Securities and Exchange Board of India (SEBI) (in case of listed companies).

In a Public Limited Company, the ownership is divided into shares, which are freely transferable. The company can raise funds by issuing shares or debentures to the public, making it an ideal choice for large businesses or those looking to expand operations on a national or international scale.

Key Features:

Minimum 3 Directors
Minimum 7 Shareholders
No cap on the maximum number of shareholders
Eligible to raise capital from the public
Mandatory statutory compliances and audits

Who Should Register a Public Limited Company?

Startups planning for venture capital or IPO
Businesses that require large-scale funding
Companies with long-term strategic expansion plans
Entrepreneurs wanting to create a publicly listed entity
Firms operating in capital-intensive sectors like infrastructure, manufacturing, or finance

Why Register a Public Limited Company?

🔹 Access to Public Funding

A Public Limited Company can raise capital by issuing shares, debentures, or bonds to the general public through an Initial Public Offering (IPO). This makes it suitable for businesses that require significant capital investment for growth and expansion.

🔹 Limited Liability Protection

Shareholders enjoy limited liability, meaning their personal assets are protected, and they are only liable for unpaid shares held by them.

🔹 High Market Credibility

Being subject to stringent regulatory requirements, public limited companies are viewed as more trustworthy by investors, vendors, and financial institutions. This makes it easier to secure loans, attract investments, and form strategic partnerships.