Private Limited Company to Public Limited Company

Conversion of Private Limited to Public Limited

A Public Company has seven or more members and can invite public to subscribe to its shares. A subsidiary company of a Public company is deemed to be a Public company.

A Private company is an organization which limits its number of members to 200 and cannot invite public to subscribe to its shares. The Companies Act, 2013 provides for converting a Public Company to a Private Company by altering the MOA and AOA of the company.

The main advantage of Public Company is that it can raise reserves at a large scale without approaching banking system and reducing debt whereas Private Companies which are privately owned, all the reserves are raised by existing members, shareholders and promoters. If a Private company goes public then the risk is also shared among the shareholders. Public companies once recorded, get indirect promotions and support through stock exchange websites where their stocks are recorded.

What is Included In Our Package?

Name Search & approval
Modified MOA/AOA
Company PAN Card
Registration Fees

Procedure for Conversion of Private Limited Company to Public Limited Company

Complete our Simple Form
You are required to fill the details in our simple questionnaire and submit documents.

Verification and Name Approval
For further procedures, details provided by you will be verified by our experts.

Drafting of MOA/AOA
After submitting your documents we will draft/modify MOA/AOA for your company.

Document Submission
We will create your documents and application and file them with ROC.

Your work is completed
Once your company is incorporation, we send you all the documents and DSCs.

Documents required for Conversion to Public Company

Copy of PAN Card of Directors
Passport size photograph of Directors
Copy of Aadhaar Card/ Voter identity card
Copy of Rent agreement(If rented property)
Electricity/ Water bill (Business Place)
Copy of Property papers (If owned property)
Landlord NOC (Format will be provided)

Minimum Requirements for Conversion

DSC for 1 Director
Minimum 7 Shareholders
DIN for all directors
Minimum Authorized Share Capital of Rs 5lacs
Minimum Paid up Share Capital of Rs.5lacs
Director and shareholder can be the same person
Minimum 3 Directors