Public Limited Company Registration

What is a Public Limited Company?

A Public Limited Company (PLC) in India is a type of business organisation that can sell its shares to the public via stock exchanges. It is operated under the Companies Act, 2013. To establish a PLC, there must be at least 7 shareholders and 3 directors, with no upper limit on the number of shareholders.

Under Section 2(71) of the Companies Act, a Public Limited Company must register with the Registrar of Companies (ROC) and must include the term "Limited" in its name. Further, according to Section 23, public companies have the ability to raise capital through public offerings or private placements, which makes them a preferred option for businesses looking for significant investment.

Public Limited Companies must comply with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, if they are listed and must file annual financial statements and board reports under Sections 129 and 134 of the Companies Act.

Overview

If you are a business owner looking to scale and attract investors, registering a Public Limited Company (PLC) is a strategic move. With over 7,000 PLCs operating in India and record capital inflows in the BSE and NSE markets, businesses are increasingly opting for this structure to access public funding and enhance credibility.

However, the registration process is complex and requires strict compliance with the Companies Act, 2013, SEBI regulations and corporate governance standards.

That's where MSA comes in. We simplify your PLC registration process, providing guidance on documentation, regulatory approvals, compliance and legal formalities. Our expert team helps your business understand legal frameworks, minimise risks and meet all statutory requirements.

Public Limited Company: Unlocking Growth with Market Credibility

Why do businesses aiming for large-scale expansion choose Public Limited Company (PLC) registration? The answer lies in its ability to raise capital, offer shares to the public and ensure long-term credibility.

In India, over 7,000 public limited companies are registered under the Companies Act, 2013, gaining increased investment opportunities and legal recognition.

What most business owners overlook:

1. Minimum 7 shareholders & 3 directors required, with no upper limit on shareholders.
2. Mandatory compliance with SEBI and ROC regulations, including financial disclosures and board governance.
3. Statutory audits & annual filings under Sections 129 and 134 of the Companies Act, 2013, ensuring transparency.
4. Listed companies must comply with SEBI (LODR) Regulations, 2015, ensuring investor protection.
5. Fundraising options include IPOs, rights issues and private placements under Section 23 of the Companies Act.

A Public Limited Company enhances business credibility and offers opportunities for large-scale funding, expansion and long-term stability. Choosing the right structure from day one is crucial and MSA ensures a smooth registration process with full legal compliance and strategic advisory.