Public Limited Company Registration

Public Limited Company Registration in India
Fast, Hassle-Free & 100% Online

Build the structure VCs, lenders, and the BSE actually take seriously. Take your business to the next level with a Public Limited Company. Legal Terminus manages your entire incorporation process end to end on MCA21 V3 — SPICe+, AGILE-PRO-S, MOA, AOA, the works. Our fee starts at ₹19,999 + GST (Excluding Stamp Duty & Govt Fees). Listed-grade governance, on day one.

Minimum 3 Directors Required

Minimum 7 Shareholders Required

Limited Liability Protection

Suitable for Large-Scale Business & Fundraising

1,000+

Companies Registered

100% Online

MCA21 V3 + DSC

7+

Years of Legal Expertise

CHOOSE YOUR PLAN

Register your company with pocket-friendly prices

Elemental

₹29,999

₹19,999

+ Govt. fees & GST extra

Name Availability Search Report
SPICe+ Part A name reservation (2 attempts)
DIN application for up to 3 directors (via SPICe+)
DSC preparation coordination for all (3 dirs + 7 subscribers)
MOA & AOA drafting (standard template)
SPICe+ Part B + AGILE-PRO-S filing
Certificate of Incorporation (COI) delivery
e-PAN & e-TAN
e-MOA & e-AOA
EPF & ESI Registration

Enriched

₹44,999

₹29,999

+ Govt. fees & GST extra

Everything in Elemental
First Board Meeting kit (notice, agenda, minutes draft)
1st Auditor Appointment Docs and form filing
Bank account opening assistance
GSTIN allotment (1 state)
INC-20A filing assistance (govt fee extra)
Issuance of Share Certificate
Udyam / MSME Registration
30-day post-incorporation support

Supreme

₹66,999

₹44,999

+ Govt. fees & GST extra

Everything in Enriched
Annual ITR Filing — Company
Financial Statements Filing — AOC-4
Annual Return Filing — MGT-7
Auditor Appointment Filing in 1st AGM — ADT-1

Supreme Plus

₹96,999

₹64,999

+ Govt. fees & GST extra

Everything in Supreme
Statutory Registers Pack (Members, Directors, Charges)
First-year ROC compliance calendar + e-filing setup
Directors' Report Preparation
Minutes of Board & General Meetings (1st FY)
Statutory E-Register Maintenance
DPT-3 & MSME-1 Filing (if applicable)
ITR Filing for 2 Directors
Trademark search + Class application (1 class, govt fee extra)
90-day priority CS / CA helpline

Indicative Government & Out-of-Pocket CostsBilled at Actuals

These are estimated government fees charged over and above our professional fee. Actual amounts may vary by state, capital, and director count.

Cost Head	Typical Range	Notes
SPICe+ Filing Fee	₹0	Free for authorised capital up to ₹15 lakh
RUN Name Reservation	₹1,000	Per attempt; 2 names per attempt
Stamp Duty on MOA/AOA	₹500 – ₹12,600+	State + capital based; payable online via SPICe+
PAN + TAN	₹0	Issued free along with COI
Class 3 DSC (2-yr)	₹1,499 / person	Required for all 3 directors + all 7 subscribers
DIN (per director)	₹500	Auto-applied via SPICe+ for first 3 directors
Total Out-of-Pocket (typical)	₹17,500 – ₹30,000	Varies by state and authorised capital

TERMS & CONDITIONS

By subscribing to the above plans, you agree to abide by our following additional terms and conditions

Professional Fee Only: All quoted prices are exclusive of government fees, statutory levies, and out-of-pocket costs. The fee covers our professional services — advisory, MOA/AOA drafting, Documents Preparation, SPICe+ filing, AGILE-PRO-S coordination, and post-incorporation handover. Government costs are billed separately at actuals with prior approval.
Government Fees Payable Separately: RUN name reservation fee, SPICe+ filing fee and state stamp duty on MOA/AOA (₹500 – ₹12,600+ depending on state and capital) are payable to MCA / state government and reimbursed at actuals.
DSC & DIN Charges: Class 3 Digital Signature Certificate (DSC) procurement is billed at ₹1,999 + 18% GST per person. A PLC requires DSC for all 3 directors and all 7 subscribers (10 minimum). DIN for first 3 directors is auto-applied via SPICe+, if the number of directors exceed 3 then a govt. fees of ₹500 for each director shall be applicable.
GST on Our Fee: All quoted prices are exclusive of GST @ 18%, charged at checkout. Once your company GSTIN is active, the GST component is fully eligible for input tax credit.
Subscribers & Directors: A Public Limited Company requires a minimum of 7 subscribers to the MOA and 3 directors under Section 3(1)(a) and Section 149 of the Companies Act, 2013. Additional subscribers / directors beyond the statutory minimum can be added at no extra professional fee; only DSC and DIN charges apply.
Name Approval: SPICe+ Part A name reservation includes 2 attempts within our professional fee. RUN government fees are payable per attempt (₹1,000 each). We pre-screen names against MCA, IPR, and trademark databases to minimise rejection.
Refund Policy: Full refund of professional fee (less ₹1,999 documentation handling) is available if SPICe+ Part B is not filed within 10 working days from receipt of complete documents. Government fees and DSC charges already paid are non-refundable as they are issued by third parties.
Out-of-Scope Items: Specific approvals (RBI, SEBI, IRDAI, sectoral licences), foreign director apostille / notarisation, NRI / foreign subscriber additional KYC, registered office shifting, share capital alteration post-incorporation, and conversion from / to other entity types are not included and quoted separately on request.
Supreme Plan fees cover compliance for the 1st Financial Year only. Subsequent years will be quoted separately.
Commencement of Business (Form INC-20A) must be filed within 180 days of the date of incorporation. Failure to do so may attract penalties under Section 11 of the Companies Act, 2013. We will remind you, but timely document and payment submission from the client is essential.

Public Limited Company Registration by Legal Terminus

Legal Terminus Priority ⚖

A Public Limited Company is heavier machinery than a Private Limited — 7 subscribers, 3 directors, deeper stamp duty, future-listing optics. Priority is what happens when a senior expert owns your incorporation file, front to back, with zero handoffs.

What you get

⚡72-hour SLA on first MOA/AOA draft — and a same-day name search before you commit.
✅Senior expert reviewed your documents and provide the name availability percentage.
🔄Real-time CRC status updates on mail and WhatsApp — no refreshing the MCA portal at midnight.
📑Post-incorporation kit: COI, MOA, AOA and compliance calendar.

Important Notes

Name rejection is the #1 delay. Avoid generic words — follow our naming guidelines, check trademark conflicts, and have 4 backup names ready. We pre-screen, but the CRC is the final authority.
Registered office proof must be ≤ 60 days old. NoC from the property owner + utility bill (electricity / gas / telephone bill) — not a rent receipt. Co-working spaces need a service agreement plus the operator's NoC.
All 7 subscribers and 3 directors need active DSCs and Aadhaar-linked mobiles. If any subscriber is an NRI / foreign national, expect a 5–7 day extension for apostille / notarisation.
INC-20A (commencement of business) must be filed within 180 days of incorporation. Skipping these blocks the PLC from operating bank accounts and triggers ₹10,000 penalties.

Consult a Legal Expert

Why Choose Public Limited Company Registration in India

A Public Limited Company (PLC) is the only Indian corporate structure that can actually go public — list on the NSE / BSE, run an IPO, raise from the broader investing public. Even before you list, the PLC structure signals scale to institutional investors, foreign banks, and global procurement teams. Where a Private Limited caps you at 200 shareholders, a PLC has no upper limit, and where a Pvt Ltd locks share transfers, a PLC keeps them free-flowing.

The flip side: 7 subscribers minimum, 3 directors minimum, heavier disclosure under the Companies Act, 2013, and SEBI overlay if and when you list. For founders who genuinely intend to scale, list, or attract institutional capital — PLC is the right starting structure rather than retrofitting later.

Listed vs Unlisted PLC: The Deep Dive

Every PLC is either Listed (shares trade on NSE / BSE / a SEBI-recognised exchange) or Unlisted (shares exist but aren't on any exchange). Most PLCs start unlisted and move to listed via an IPO once they hit SEBI's eligibility thresholds. The compliance load is dramatically different between the two.

Parameter	Unlisted PLC	Listed PLC
Minimum Subscribers	7	7
Minimum Directors	3	6 (incl. ½ Independent)
Regulator	MCA / RoC	MCA + SEBI + Stock Exchange
Disclosure	Annual filings (MGT-7, AOC-4)	Quarterly + half-yearly + event-based
Share Liquidity	Private placement / NBFC routes	Open market trading
Capital Raise	Up to 200 in private placement	Public issue + rights + QIP
Audit Committee	If paid-up cap ≥ ₹10 cr	Mandatory
Annual Compliance Cost	₹1.5L – ₹4L	₹15L – ₹50L+

Types of Public Limited Company in India

01

Listed Public Company

Shares listed on NSE / BSE or another SEBI-recognised exchange. Bound by SEBI (LODR) Regulations on top of the Companies Act. The 'gold standard' structure for IPO-bound businesses.

02

Unlisted Public Company

Same PLC structure, no exchange listing. Most common starting point — gives you the 7-subscriber / 3-director template without the SEBI compliance overhead. Conversion to Listed via IPO at any time.

03

Government Company

Public Sector Undertaking (PSU) where ≥ 51% of paid-up share capital is held by the Central / State Government or jointly. Defined under Section 2(45). Subject to CAG audit and special governance norms.

04

Foreign Subsidiary Public Company

An Indian PLC where ≥ 50% of share capital is held by a foreign body corporate. Treated as 'Indian' for Companies Act purposes but triggers FEMA, RBI FDI reporting (FC-GPR), and transfer pricing compliance.

05

Holding Public Company

A PLC that controls (≥ 50% voting / board control) one or more subsidiary companies. Requires consolidated financials, related-party-transaction disclosure under Section 188, and a longer audit perimeter.

06

Statutory Public Company

Created by a special Act of Parliament or State Legislature (e.g., LIC, RBI, IRCTC pre-listing). Governance is a hybrid of the parent statute + Companies Act. Rare; mostly relevant for legacy public sector reforms.

Benefits of Public Limited Company Registration in India

PLC isn't just a bigger version of Private Limited. It's a fundamentally different fundraising and credibility instrument. The benefits compound the moment you start raising real capital.

Raise from the Public

Only a PLC can run an IPO, FPO, rights issue, or QIP. Even pre-listing, the PLC structure unlocks private placement to up to 200 investors per financial year — vs Pvt Ltd's hard cap of 200 lifetime members.

Free Transferability of Shares

PLC shares are freely transferable by default under Section 58 — no AOA restrictions. Investors love this. Pvt Ltd shares are restricted by AOA; transfer requires board / shareholder consent.

Perpetual Succession & Limited Liability

The company is a separate legal person. Founders' personal assets are insulated; the entity survives directors / shareholders coming and going. This is table stakes for any funded business.

Institutional Credibility

Banks lend more, vendors extend longer credit, and global enterprise customers onboard faster with a PLC vendor. The structure itself communicates scale and governance maturity.

ESOP & Sweat Equity Friendly

PLC AOAs cleanly accommodate ESOP pools, sweat equity (Section 54), and preferential allotments. Critical when you start hiring from late-stage startups and need competitive equity packages.

Listing Optionality

Going from Pvt Ltd to Listed is a two-step conversion (Pvt Ltd → PLC → IPO). Starting as PLC saves 6–9 months and ₹3–8L in conversion costs when you decide to list.

Steps For Public Limited Company Registration in India

From your first call to Certificate of Incorporation — here's exactly what happens, step by step.

1

Discovery & Structuring CallDay 0

60-min call with our expert to confirm subscribers (7 minimum), directors (3 minimum), state of registered office, authorised + paid-up capital, and primary business activity. We map you to NIC code and pre-screen 4 name options.

2

Document Submission & DSC ProcurementDay 1–3

Share KYC documents and registered office address proof with us (as per checklist). This is your only job at the start — we handle everything from here. Class 3 Digital Signature Certificates issued to all 3 directors and all 7 subscribers via Aadhaar e-KYC. Same-day for resident Indians; 3–5 days for NRIs / foreign nationals (apostille documents required).

3

Company Name & Objects FinalisationDay 3–4

We run a preliminary name availability check and help you finalise your company name and business objects (what your company will do). The name must comply with MCA naming guidelines and must not conflict with existing registered companies, LLPs, or trademarks.

4

SPICe+ Part A — Name ReservationDay 4–6

Filed with 2 proposed names (in order of preference) through MCA21 V3. CRC reviews under Rule 8 of the Companies (Incorporation) Rules. Approval: 2–3 working days typical. Reserved name valid for 20 days.

5

MOA & AOA DraftingDay 4–7

Memorandum of Association (object clause + capital + state) and Articles of Association (governance, share transfer, board powers, ESOP enablement) drafted. Two rounds of revision included.

6

SPICe+ Part B + AGILE-PRO-S FilingDay 8

Master incorporation form filed: PAN, TAN, EPFO, ESIC, GSTIN, Professional Tax, Bank Account, Shops & Establishment — all in one shot via INC-32 + INC-33 + INC-34 + INC-35.

7

Stamp Duty PaymentDay 7

State-specific stamp duty paid on MOA + AOA via the integrated SPICe+ workflow. Rates vary by state and authorised capital — paid through online portal, not physical paper anymore.

8

CRC Examination & ClarificationsDay 8–12

CRC reviews under Rule 12. If a deficiency is raised (e.g., minor MOA wording), we file a re-submission within 24 hours.

9

Certificate of Incorporation IssuedDay 10–13

COI issued by CRC under Section 7(2). PAN and TAN allotted simultaneously. CIN (Corporate Identification Number) generated.

10

Post-Incorporation OnboardingDay 13–15

We deliver: COI, MOA, AOA stamped copies, PAN, TAN, EPF and ESI. Post-Incorporation Onboarding kit includes: share certificate templates, statutory registers, first board meeting agenda + minutes draft, INC-20A (commencement of business) filing reminder, and a 90-day compliance calendar.

Documents Required for Public Limited Company Registration in India

Get these ready and we'll take care of the rest

Director / Shareholder Documents

Required for each director & shareholder

Director & Subscriber Identity

Mandatory for all directors & shareholders

Self-attested PAN card (mandatory)
Self-attested Aadhaar
Driving Licence / Passport as ID for foreign nationals/NRI: notarized + apostilled passport copy

Address Proof (Per Person)

Not older than 60 days from filing date

Self-attested Bank statement OR Gas bill OR Mobile bill — not older than 60 days from filing date

Passport Size Photograph (Per Person)

For all proposed directors & shareholders

Latest Passport-size Photograph of all Proposed Directors / Shareholders

Company & Registered Office Documents

Office address proof & ownership records

Registered Office Proof

Latest Utility Bill for Office Address (Not Older Than 2 Months)

Electricity Bill
Water Bill
Gas Bill

Rent Agreement (If Business Premises is Rented)

Duly notarized between property owner and a director

Duly Notarized Rent Agreement between the owner of the property and one of the directors of the proposed company

No Objection Certificate (NOC)

From property owner

NOC from Property Owner permitting use of premises as Registered Office
Note: Residential property is permissible as Registered Office under MCA guidelines

Public Limited Company Registration — FAQs

Find answers to common questions about Public Limited Company registration in India.

Minimum 3 directors (max 15 without special resolution) and minimum 7 subscribers / shareholders (no upper limit). Section 3(1)(a) and Section 149 of the Companies Act, 2013 govern this. Compare this to Private Limited which needs only 2 directors and 2 shareholders.

No. The Companies (Amendment) Act, 2015 abolished the earlier ₹5 lakh minimum paid-up capital requirement for Public Limited Companies. You can start with any amount, but most companies choose ₹1 lakh to ₹5 lakh authorized capital based on their business needs.

On average, it takes 10–15 working days, depending on approvals and document accuracy. Delays usually happen due to name rejection or incorrect documents.

Three big differences:
(1) Min directors / subscribers — Public Limited needs 3 directors & 7 shareholders; Private Limited needs 2 each.
(2) Share transfer — PLC is free, Pvt Ltd is restricted by AOA.
(3) Public fundraising — PLC can issue shares to the public and list on stock exchanges; Pvt Ltd cannot.

Yes. A Private Limited Company can be converted into a Public Limited Company by:

Passing a special resolution
Amending MOA & AOA
Filing required forms with MCA

The process usually takes 30–45 days.

SPICe+ (INC-32) is the master incorporation form on MCA21 V3 — a single window that handles name reservation (Part A) and incorporation (Part B). AGILE-PRO-S (INC-35) is the linked form that bundles PAN, TAN, EPFO, ESIC, GST, Professional Tax, Shops & Establishment, and bank account opening. One filing, one set of forms — that's the post-2020 reform.

No. Stamp duty is charged separately and depends on your state and authorized capital. The exact amount is shown during filing and must be paid online.

Yes. All subscribers to the MOA must sign electronically using a Class 3 DSC. All directors also need DSCs to sign SPICe+, the consent letter (DIR-2) and eform-INC 9.

Unlisted PLC: AGM within 6 months of FY-end, Form MGT-7 (annual return), AOC-4 (financial statements), DIR-3 KYC for every director, INC-22A (ACTIVE) if not already filed, statutory audit, board meetings (4 per year minimum), and event-based filings (PAS-3, MGT-14, etc.) when triggered. Listed PLC adds quarterly results, LODR disclosures, insider trading code, related party transaction reporting — substantially heavier.

Legal Terminus handles the complete process, including:

Name approval and document preparation
Filing of all required forms
End-to-end coordination until Certificate of Incorporation

You also receive guidance on post-registration compliance to keep your company legally safe.

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