Public Limited Company Registration in India

To quench the requirement of large business capital, the Public Limited Company is formed. Practically, the capital is raised from the public via the public issue of Shares. To form a Public Limited Company, you need to have a minimum of seven shareholders and at least three directors.

Are you willing to set up a Public Limited Company? Then, professional guidance is what you need. At VJM Global, we can help you with the process of documentation, filing of ROC forms, and all the other preparations you need to go through to form a Public Limited Company.

Get in touch with our expert

Our Associations

Industries We Serve

Automotive & Transportation​

Hospitality

Healthcare

Retail & Wholesale

Manufacturing

Banking & Finance​

Insurance

Law

And more…

Countries We Serve

India

Germany

Argentina

United States

Italy

Ukraine

United Kingdom

Algeria

Singapore

South Africa

UAE

Malaysia

Switzerland

Japan

France

Nigeria

China

Ethiopia

And more…

Our strength lies in the ability to combine in-depth knowledge of cross sections of the industry with the specialized skills of our professionals, spreads across our widespread network.

Testimonials

What our clients say about us

By taking care of our Internal control policies and procedures, VJM Team have made sure that experience is hassle free.

Mr. sachin Jain
CFO, mahle filter system (i) pvt limited

Very professional approach from VJM Team, they got associated with us late in the financial year but were able to conduct an in depth audit and highlight the areas to be addressed within a short span of time. What gives us confidence is that they are available for consultation on any financial matter and are quick to find and implement the resolution

Mr. Shobit Bhatnagar
Gradeup.co

VJM team is a thoroughly professional chartered accountants equipped with all resources and with deep understanding of GST and other contemporary arenas of corporate consultancy. Have interacted with them for various tax and corporate law related matters and found the interaction quite useful.

Mr. Pawan Ladha
Freecharge

We are Repaibays Experts LLP. We are a new company and have just started our business in the field of AC charger installation. We have retained M/S VJM & Associates LLP; Chartered Accountants as CA for our company. They have a fairly large sized office and team and the whole environment seems professional and well organised: something which is very critical in this kind of business We wish VJM very well and am sure they are already a name to reckon with in the field of providing professional CA services !

Mr. Rajesh Singh
CEO, Repair bays

The dedication and commitment of VJM Team is par excellence.  The team has handled the entire GST refund claim filing process very professionally within their immense experience and expertise.  Coupled with complete attention to detail at every stage and rigorous follow ups, VJM Team has supporrted us through the GST export refund and all GST Compliances.

Mr. Sumit Rajani
CEO, Umenders Exports

I hired VJM Associates and now I can completely focus on my business because I know there’s someone who is managing my accounts properly. Their team (including Khushboo and Jayant) are super supportive and friendly. I highly recommend VJM Associates. Give them a try! You won’t be disappointed

Mr. Vikrant Shaurya
CEO, bestsellingbook.com

We give full credit to VJM for streamlining our company’s GST compliance. Their dedicated team of learned professionals have a focussed approach & exceptional clarity when it comes to any questions pertaining to GST. I can say, without their support, it would not have been possible for us to sail past the initial turbulent period when GST was launched. Our best wishes always with them !

Mr. Siddharth Gupta
CEO, Craft Home-Export House

Highly recommended …
 “We have been clients of VJM associates for a few years now and have built up a great relationship with them. They are very professional but approachable and always willing to listen and provide valuable advice when needed. Their knowledge of financial and accounting matters is exceptional, and I really appreciate their responsiveness to any questions or queries we have.
A large part of any working relationship comes down to personalities and we've always found the VJM team friendly and trust them to do the best for our business”

Mr. Anuj Jain
CEO, Berkman Forwarding
Client Speak

Know More about Private limited Company

What is a Public Limited Company?

As per the Company Act 2013, a Public Limited Company is a company with limited liabilities and offers company shares to the common public. Anyone can buy their stock in a Public Limited Company through an initial public offering or via stock market trades. A Public Limited Company needs a minimum of seven people to start with. It must have a minimum of three directors. The same seven people can act as both directors and shareholders. One of the directors must have to be a resident of India. Capital of the business completely on the business need there is no statutory minimum requirement to start with. However, the minimum subscribed and authorised share capital requirement is Rs. 5 lakhs.

What are the procedures to register a Public Limited Company in India?

Firstly, you need to get the Director Identification Number (DIN) for the proposed directors.Then, obtaining the Digital Signature Certificate for promoters and directors is necessary.After that, one has to file a RUN application to the ROC for company name approval.After getting the name approval, the shareholders need to prepare the Memorandum of Association(MOA) and Articles of Association (AOA) and submit them to the ROC.Then, the company needs to get the company registration and certificate of incorporation.Finally, the company needs to file the commencement of Business Declaration before starting its operation

What are the benefits of Public Limited Companies in India?
  • Separate legal entity: Public limited company has separate legal entity, i.e., company is considered as independent from all its shareholders and directors. Therefore, sale by shares by existing shareholders, death of any shareholder or director will not affect the continuation of the company.
  • Preference while getting a loan: Considering the involvement of public at large, compliance and transparency is very high in public limited company. It increases credibility of the company and companies have easy access to loans.
  • Quick transfer of share: In a public limited company, you can obtain shares either at the time of IPO (Initial Public Offer) or through share market. This form facilitates quick transfer of shares.
What are the documents required for Public Limited Company Registration?
  • Documents of Company:
    ⚬ Proof of Address: Copy of utility bills such as electricity, not earlier than 2 months. In case of rented
     premises, Copy of rent agreement alongwith No Objection Certificate from landlord.
  • Documents of Directors:
    ⚬ Digital Signature:     Passport size photograph, copy of PAN Card and Aadhar Card, email id and Phone   number.
    ⚬     Identity proof: Voter’s ID Card, Passport, Driving Licence, PAN (Any one)
    ⚬ Address Proof:     Copy of Bank statement, Electricity Bill, Telephone bills, not earlier than 2 months. In case of rented premises, Copy of rent agreement alongwith No Objection Certificate from landlord.
Salient Features of Public Limited Company?
There are several advantages the Public Companies get. Here are the following:
  • Larger Capital: As the company structure permits listing of share at stock exchanges, anyone can invest in a Public Limited Company. Hence, it ensures more capital in Public Limited Companies.
  • Amount of Risks get Spread: Since the share of the company is distributed in public, the unsystematic market risk gets spread. Hence the liability is limited.
  • Free Transfer of Shares: The Public Limited Company shares are freely transferable. One can transfer his/her share in a Public Limited Company, even without the prior consent of other shareholders.
  • Larger Borrowing Power: Public Limited Companies have the most significant leverage when it comes to availing financial assistance or borrowing from banks. Apart from that, Public Limited Companies have certain financial instruments usually which are unavailable to other forms of businesses.
  • Perpetual Existence: No matter if any of the shareholders or directors dies, the existence of Public Limited Companies will never be affected.
  • Ability to own properties: Public Limited Companies have separate legal entities from its shareholders and directors Therefore, it can obtain property (Movable or Immovable) in its own name. They can buy and sell properties just like an individual.
How can VJM Global help you in starting a Public Limited Company in India?

Starting from planning till the date of execution VJM Global can help you with everything you need to register your Public Limited Company. To be precise, here is what we can do for you.

  • Getting the Digital Signature Certificate for the directors and shareholders
  • Help you to obtain the Director Identification Number
  • Preparing MoA and AoA
  • Registration with ROC
  • Obtaining the Company PAN card, TAN Card
  • GST Registration of Company
  • MSME, ESIC & EPF Registration, if applicable

6 step Public Limited company Registration

A Public Limited Company needs a minimum of seven shareholders and three directors. There can be a maximum of 15 directors, but there is no upper limit at the number of shareholders. However, at least one of the proposed directors must have to be a resident of India. There is no minimum capital requirement, but whatever the amount the company chooses, the registration fee will be calculated on that amount. The Public Limited Company formation is a 7 steps process. Have a look below,

Step 1: Identification of Shareholders (Minimum 7) and Directors (Minimum 3)

Very first step to form a public Limited company is identification of minimum shareholders who will become subscribers of Memorandum of Association (“MoA”) and Article of Association (“AoA”) and minimum number of directors. Shareholders can be individual, firm or Company. However, only an individual can be appointed as director of the company.

Step 2: Obtain Digital Signature Certificate

Digital signature certificate of the personnel is needed in Private Company Incorporation in India. The digital signature certificate is required for filling of e-forms online on the portal of MCA (the Ministry provided portal for online registration). Digital Signature Certificate is issued by the Certifying Authority in token form. It is valid for 1 or 2 years.
‍
‍List of documents required for digital signature certificate:

  • Passport size photograph of the applicant or applicants
  • Self-attested Address proof of the applicant or applicants
  • Self-attested PAN card of the applicant or applicants
Step 3: Obtaining Director Identification Number (DIN)

Director Identification Number or DIN is a unique identification number given by the Ministry of Corporate Affairs to the individual or in duals applying for the allotment of DIN. The number is assigned for a lifetime by the Ministry unless the holder or holders surrender or withdraw it. The director or directors of a company shall receive and intimate the DIN during the time of Private Ltd company incorporation. Getting DIN is mandatory for getting an appointment as Director in any Company. The director or directors can use the DIN number for other company formation. He/she/they can get an appointment as Designated Partner in the LLP.

List of documents required for digital signature certificate:

  • Separate legal entity: Public limited company has separate legal entity, i.e., company is considered as independent from all its shareholders and directors. Therefore, sale by shares by existing shareholders, death of any shareholder or director will not affect the continuation of the company.
  • Preference while getting a loan: Considering the involvement of public at large, compliance and transparency is very high in public limited company. It increases credibility of the company and companies have easy access to loans.
  • Quick transfer of share: In a public limited company, you can obtain shares either at the time of IPO (Initial Public Offer) or through share market. This form facilitates quick transfer of shares.
Step 4: Reservation of Name

The Fourth step you need to go for is to reserve the name of the Company. Name of the company should not be similar to the name already registered and must not contain any such word which is prohibited by the Companies Act, 2013. Name can be applied either by filing form RUN (Reserve Unique Name) or by filing SPICe. In the case of Public Limited Company, word “Limited” will be used at the end of the name of the company. Once a name gets the approval, it remains valid for a period of 20 days.

‍Given below are conditions imposed on it

  1. The name chosen for a new company registration should not be similar or identical to any registered company or trademark.
  2. The name should not be one objected or prohibited under the Emblems and names Act, 1950′.
  3. The name of the company must include the suffix Public Limited Company or Limited companyWhen the application for the company name or names are submitted, the registrar review, tally and approve one of the names requested by you. The process usually takes 3 to 5 working days to get approval.
Step 5: Filing for Incorporation of Public Limited Company
Upon allotment of Director Identification Number, Companies need to prepare a Memorandum of Association (MoA) along with an Article of Association (AoA) and submit it to the ROC along with some other documents to get the certificate of incorporation. A minimum of seven shareholders and 3 directors are required to register a Public Limited Company.:
  1. Articles of Association (AOA)
  2. Affidavits of the Directors
  3. Declaration from Directors
  4. Memorandum of Association (MOA)

The applicant or applicants must submit the relevant information regarding this to the registered office within 15 days of registration or during filing of incorporation documents.

Step 6: Getting the Certificate of Incorporation for Public limited Company

After the successful submission of MoA and AoA and other essential documents, the ROC scrutinizes all of them. If they find that the documents are in the right order, the ROC issues the Certificate of Incorporation.  This Certificate is received over mail in digital form digitally signed by RoC.

Step 7: File declaration of Commencement of Business for Public limited Company

A public limited company is needed to file a declaration that all subscribers of Memorandum of Association have already paid subscribed share capital.  Declaration is need to be filed within 180 days from date of incorporation.

Service after company Registration

Know more about our complete portfolio of Company formation Services.

ROC Compliances

As per The Companies Act, ROC compliances mainly include Annual filing. Apart from Annual filing, disclosure by directors, annual return draft, and updating the Statutory Register undergo ROC compliances. ROC compliances are mandatory. Any slack or negligence can lead to penalties, fines and other legal issues pertaining to the Company.

At VJM & Associates LLP we have the team of experts having expertise and experience in Company Law Matters.

Learn More

Corporate Law Advisiory

The Companies Act 2013 has offered a new era of corporate governance, transparency and investor activism. We have the expertise and in-depth knowledge of the entire subject. We brainstorm on company compliances so that our clients can save time, money and labor to invest in their core competencies.

We offer a wide range of services on Companies Act, 2013 under one roof to serve different types of companies including PSUs, MNCs, listed and unlisted companies.

Learn More

Company Audit

We are the market leaders to deliver a higher-quality accounting and reporting solution to our clients more quickly and efficiently in an environment of technological change, digital demonstration, could computing, online bookkeeping and GST filing, and increased regulatory changes and scrutinizes.

In an efficient IT environment, we create the Risk Management framework to offer you Risk Based Audit’ (RBA) that minimizes upcoming risk and maximizes revenues.

Learn More

Amendment in Pvt Ltd Company

Your search for expert in GST for the representation under GST comes to an end as soon as you reach VJM Global. We have years of experience and exposure for representation to authorities at various levels. We have expertise in solving various issues related to a dispute between tax authorities and supplier under the GST.


Learn More

GST Registration

GST Registration is an online process involving submission of several business details along with certain supporting documents. Prior to the GST registration, a critical analysis of various business and transaction aspects like – nature of business, types of supplies/ services, category of registration etc. are required to be undertaken.

We, at VJM Global are equipped to provide qualitative value added services through the entire process of GST registration.

Learn More

Accounting and Taxation Compliances

With a dedicated team of Chartered Accountants in Delhi, offer a wide range of services on how to maintain your companies and manage corporate income taxes including bookkeeping, accounting, financial statement preparation, electronic data transfer, corporate tax return preparation and paralegal services like preparation of annual shareholder report, tax refund, director resolutions, and annual filings.

Learn More

Why Choose Us

Client Centric Approach

Client is the key driver of our service offerings. Our approach to service offerings is based on a client centric and customized approach. Our specialized teams are a mix of technical and industry experience in order to serve clientele for their specific needs.

Quick Turnaround

We always endeavour for a quick turnaround time to serve our clientele. We are supported by an experienced and client focussed support teams to offer timely services to our clientele. In case of any business exigencies and time sensitive service requirements, you can always count on us.

Team Work


We have built high performing teams supported by strong work ethic. Our team is a mix of experts, professionals and support staff from technical and varied academic, cultural, social and ethnic backgrounds. We believe that this diversification plays a vital role in motivating the team into High Performing Teams.

Open Communication


We have built high performing teams supported by strong work ethic. Our team is a mix of experts, professionals and support staff from technical and varied academic, cultural, social and ethnic backgrounds. We believe that this diversification plays a vital role in motivating the team into High Performing Teams.

Driving quality in delivery

Our service offerings are driven by quality and reviews at every level. We strive to provide a qualitative and value-added delivery to our clientele. At all times, we endeavour to provide exceptional client service by meeting client expectations and driving client satisfaction.

Blogs and Articles

Company Law

RoC Imposed Huge Penalties for Failure to Furnish Copy of Resolution with the RoC in form MGT-14

The Company was incorporated in 2016 and was a Nidhi Company. The Company failed to file the Board Resolution passed for approval of Financial with

Read More »
18/03/2025
Direct Taxation

ITAT Analysis Principal Purpose Test (PPT) and Allowed the Benefit of the India-Luxembourg Tax Treaty

In the matter of  SC Lowy P.I. (LUX) S.A.R.L.,   Luxembourg  Vs ACIT, International Taxation  (ITA No.3568/DEL/2023 ) Summary M/s S C Lowy P.I. (LUX)

Read More »
18/03/2025
Goods and Service Tax

Points to be taken care of before the end of Financial Year 2024-25, i.e., 31st March 2025| Part-2

With the approach of March 31, 2025, it is essential for businesses to address various compliance requirements to facilitate a seamless transition into the new

Read More »
18/03/2025
Explore More blogs