5 Simple Steps to Public limited company

Name Approval

DIN & DSC Preparation

Spice Form, MOA & AOA Filing

MCA Form Uploading

Get Company Incorporation Kit

Minimum Requirement as per Companies Act, 2013

Minimum 7 Shareholders
Minimum 3 Directors
At least 1 of the Directors shall bean Indian Resident
The directors and shareholders can be the same person.
Minimum Authorised Share Capital to be Rs.5 Lac
DIN (Director Identification Number) for all Directors
DSC(Digital Signature Certificate)for Directors, Shareholders & Witness
1 Witness for MOA / AOA Subscriber

Basic Document Requirement List

Documents for Directors

1. Passport size photograph (ScanCopy)
2. PAN Card copy(Mandatory)
3. Proof of Identity
(Any one of the below)
-Passport
-Voter ID
-Driving License
-Aadhar Card

4. Proof of Residence (in the name of applicant)
(Any one of the below)
-Bank Statement
-Electricity Bill

Document for Business Place

Case-A: If the Property is Owned by any Director or Shareholder:
1. Sale deed of the Property
2. NOC from the owner (Digital CA will provide a draft copy)

Case-B: If the property is taken on rent by any Director or Shareholder:
1. Rent Agreement
2. NOC from the owner (Digital CA will provide a draft copy)
In addition to the above, any one of Electricity Bill/Telephone Bill/Gas Bill/ Mobile Bill is required.

28999

Basic

All Inclusive Fees

Three DSC, Three DIN, One RUN Name approval
5 Lakhs Authorized Capital
Company Kit (PAN, TAN, Inco. Certificate, Share Certificate)

30999

Silver

All Inclusive Fees

Three DSC, Three DIN, One RUN Name approval
10 Lakhs Authorized Capital
Company Kit (PAN, TAN, Inco. Certificate, Share Certificate)
GST Registration

35999

Gold

All Inclusive Fees

Three DSC, Three DIN, One RUN Name approval
10 Lakhs Authorized Capital
Company Kit (PAN, TAN, Inco. Certificate, Share Certificate)
GST Registration
Trade Mark Registration

Basic Features of Public Limited Company

Better access to capital

Selling shares to the public means that anyone can invest in your company, meaning greater options for where to source value funds.

Limited Liability

The liability of each member or shareholders is limited. It means that if a company faces loss under any circumstances then its shareholders are liable to sell their own assets for payment. The personal, individual assets of the shareholders are not at risk.

Batter Growth

By having less risk, it's the perfect opportunity for growing and expanding your business - investing in new projects and products, through the money gained via shares.

Expansion opportunity

Banks are often more willing to extend finance to a public limited company, with a stock exchange listing frequently improving your creditworthiness.

No restriction on transfer of shares

Shares are Freely Transferable in Public Company. To start a company, a minimum number of 7 members are required and no restrictions on the maximum number of members

Perpetual succession

The Company keeps on existing in the eyes of law even in the case of death, insolvency, the bankruptcy of any of its members. This leads to the perpetual succession of the company. The life of the company keeps on existing forever.

**Important Note

If authorized capital is Rs. 10 lakhs or above and registered address is situated specific state then following stamp duty (actual) will be charged extra:

Punjab Rs. 10550, Gujarat & Rajasthan Rs. 5500, Kerala Rs. 2000, Madhya Pradesh Rs.7500.