FincomIndia

Public Limited Company

A public limited company is the legal designation of a limited liability company which has offered shares to the general public and has limited liability.
From Rs 23,999/- Inc. of all taxes

Public Limited Company also called public corporation or widely held company is a type of legal business entity which can be incorporated by seven or more persons. There is no limit for maximum number of members i.e., shareholders in such type of companies. Further these companies can invite capital and deposits from the public. There is no minimum requirement of capital to be invested at the time of incorporation of the company. Any amount of share capital can be invested as per the will of the Promoter/Shareholders. These companies shall have minimum three directors and seven shareholders.

Registration of Public Limited Company make more prestigious profile, greater access to capital and the ability to be able to advertise and sell your shares to the public. Many entrepreneurs Incorporate a Public Limited Company so that they will be able to sell shares to the public through a Stock Exchange and get investment for the company. Public company can be listed as well as unlisted. Listed public can issue shares through an initial public offering (IPO), can be traded on stock exchanges.

In real terms, the benefit here is that if you are a shareholder in a major firm that gets sued, the payoff can only come out of the cash that belongs to the firm itself. In paying off debts, for example, the company is only obligated to pay out of its own resources, not the personal resources of its shareholders. The shareholders, at least the major ones, met regularly and, among other things, hire its management.

Salient Features of Public Limited Company

Function

The characteristic purpose of a public company is to share the profits of its success among those who have bought shares in the public stock exchanges on which the firm is listed.

Effects

A public company divides management from ownership. This is one of the most important characteristics of a public company.

Limited Liability

A key characteristic of public companies is their limited liability status. Limited liability means that the business's owners -- its shareholders -- aren't responsible over a set amount for their investment in the company.

Features

A public company, like all companies, is a legal entity. This means that the company is legally separate from the personality of its owners. It “acts” in its own name according to the will of the board of directors.

Identification

Identifying a public company is fairly easy. It raises capital though stock exchanges, and the main contributors of that capital have the greatest voice in creating the general policies of the firm.

Benefits

Public companies generally are limited liability firms. This means that, since the firm is a fictive personality, it and it alone can be held responsible for its “actions.”

Transparent And Competitive Pricing

BASIC STANDARD PREMIUM
PAN
DSC
Name Approval
DIN
TAN
Share Certificates
GST Registration
Trademark
Rs. 27,500
Rs. 23,999
Inc. all taxes
Rs. 26,999
Rs. 24,749
Inc. all taxes
Rs. 36,999
Rs. 30,248
Inc. all taxes
Delivery Process

1. Order Confirmation

Once you confirm the order online one of our executives will get in touch with you to explain all the requirements.

2. Obtain DSC and DIN. from us

After submitting your documents we will provide you with DSC and DIN.

3. Verification and Name Approval

Details provided by you will be verified and we will apply for name approval.

4. Document Submission

We will create all the required documents and file them with ROC on your behalf.

5. Hurray......It's Done

Once your company is incorporated, we send you all the documents through courier.

Frequently Asked Questions
A public limited company required a minimum capital of Rs. 5, 00,000. This amount is supposed to deposit by the shareholder in decided share percentage in the bank account of company. Then the same amount can be used by the company for its operations.
A public Limited Company must have a minimum of three Directors and seven shareholders.
The difference between listed company and public company is very easy to understand. A public company when go to public to raise capital, it had to get registered with stock exchange and once it is registered, then it is also known as listed company.
As a public limited company deals with public money, it has to make rather heavy compliances strictly, which are bulkier than those performed by a private limited company. Apart from the regular compliances related with income tax, there are many periodic and annual compliances to be made by a public limited company with ROC/MCA, SEBI, RBI, etc. These regulatory liabilities are in addition to securing and promoting steadily the profits and welfare of all shareholders of the public limited company.
No, you do not have to be present at our office or appear at any office for the registration of a Public Limited Company. All the documents can be scanned and sent through email to our office. Some documents will also have to be couriered to our office.
1. Easy Funding by investors or through IPO of company. 2. Shares of Public limited company are freely transferable. 3. A great transparency in company is available. 4. Best for long term vision of business. 5. Very easily recognizable.
Yes, an NRI or Foreign National can also be a shareholder or director in a public limited company of India. However, at least one Director on the Board of Directors must be a Resident India.
For setting up a public limited company anywhere in India, there are required a minimum of Seven Shareholders and Three Directors; the directors can also be shareholders. The requirement of the minimum paid-up share capital worth INR 5 Lac.
Following documents are required for Public Limited Company registration: (1) Identity Proof of all the directors and shareholders. (2) Address Proof of all the directors and the shareholders Utility bills, if submitted, should not be older than two months. Voter ID card, Passport, Driving license, Utility bills (Gas, telephone or electricity bill), Aaadhaar card. (3) PAN Card of all the directors and shareholders. (4) Utility Bill of the office that you have proposed as your registered office for your Public Limited Company. (5) A No-Objection certificate from the landlord of your registered office. (6) Rent Agreement.
The entire assignment will be completed in around 10-15 working days subject to the timely availability of the documents & information from the client’s end.

Our Presence

Check Availablity in your area

FinComIndia has capability to serve at your door step at more than 6000 Pin Codes across. You have the opportunity to avail our world class services sitting at your home or office itself. This service is free of cost for all the customers. We practically cover the whole of India. Kindly check in the box above for availability of door step services in your city.

Reasons to choose FinComIndia?

PROFESSIONAL EXPERTISE

FinComIndia has a team consisting of more than 75 experts of varied domains which enables us to deliver high quality of services. All our staff is well trained and regularly updated with all relevant statutory changes.

DOOR STEP SERVICES

We pick up all the required documents right from your door step at your preferred time and date and also deliver back the original documents / certificates to your address.

NATION WIDE REACH

We have capability of providing our services across more than 6000 Pin Codes in India. This makes us the front runner in Nation wide reach.

BEST PRICE

We are upfront with our pricing with no hidden fees, Also lowest pricing through automation and technology.

Money Back Guarantee

If you are not satisfied with our work, we will refund the money after deducting the statutory fees paid and other administrative charges.

100% Customer Satisfaction

With our quality of services and professional expertise, we guarantee 100% customer satisfaction.

Giving Back to the Society

In our endeavour to give back to the society, we donate 1% of our profits to various charitable and environmental causes.