GET YOUR PUBLIC COMPANY REGISTERED IN 7 DAYS
THE SERVICE INCLUDES
- MCA Name Approval
- Digital Signature of all the directors
- DIN of all the directors
- Company Incorporation
- PAN & TAN of the Company
- Assistance in Bank Account Opening
- Application for GSTIN (Goods and services tax Identification number)
- Employees state Insurance corporation registration
- Employees provident fund organisation registration
- Shops and Establishment Registration
What is a Public Company
A Public Company is a type of company registered under the Companies Act, 2013, which can offer its shares to the general public and is subject to more stringent regulatory and compliance requirements than a private company.
Definition of a Public Company [Section 2(71) of Companies Act, 2013]
A Public Company is:
- Not a Private Company, and
- May invite the public to subscribe to its securities (shares or debentures).
If a private company becomes a subsidiary of a public company, it is also deemed to be a public company.
Key Features of a Public Company
| Minimum Members | 7 Shareholders |
|---|---|
| Minimum Directors | 3 Directors |
| Maximum Members | Unlimited |
| Name | Must end with "Limited" |
| Share Transferability | Shares are freely transferable (subject to SEBI and company rules) |
| Public Fundraising | Can raise capital from the public via IPOs or rights issues |
| Listing | May or may not be listed on a stock exchange (listed vs unlisted public company) |
Advantages of Public Company
- Can raise large amounts of capital from the public
- Enhanced credibility and public image
- Easy access to stock markets
- Shares can be easily traded (if listed)
- Perpetual succession and separate legal entity
In Summary
A Public Company is suitable for large businesses planning to scale and raise capital from the general public or financial markets. It brings visibility and access to funds, but also comes with high compliance and transparency requirements.
Documents/Details Required for Registration of Public Company
- Unique name for the proposed Company
- Self-attested Aadhar Card of all the Directors
- Self-attested PAN Card of all the Directors
- Latest Photograph of all the Directors
- Self-attested Bank Statement of all the Directors (not older than three months)
- Email Id of all the Directors
- Mobile No. of all the Directors
- Occupation of all the Directors
- Official Email Id of the proposed Company
- Contact No. of the proposed Company
- Utility bill (Telephone Bill / Electricity Bill/ Gas Bill /Water bill/ Mobile Bill not older than Two months) of the registered office address to be signed by the owner of the premises.
- NOC signed by the owner of the property (Format will be shared by us)