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What is Public Company Registration?
In the journey of entrepreneurship, there comes a time when the vision outgrows private circles — when your business is ready to invite the public, scale exponentially, and gain national (or even global) visibility. That’s when forming a Public Company becomes not just a legal formality, but a strategic move.
Under the Companies Act, 2013, a Public Company is a powerful business structure designed for growth, accountability, and public ownership.
A Public Company is a type of company that offers its shares to the general public, either through stock exchanges or privately placed offerings. It is governed by the Companies Act, 2013, and defined under Section 2(71) of the Act.
Unlike a Private Limited Company, a Public Company can:
- Raise capital from unlimited shareholders
- Invite the public to subscribe to its shares
- List its shares on the stock exchange (if it chooses to go public)
If your goal is to eventually list on the NSE/BSE, form a Public Company from the start. Even if you don’t go public immediately, you can still operate as an unlisted Public Company.
A Public Company stands for transparency, compliance, and public trust — making it ideal for large-scale businesses, infrastructure projects, and companies with long-term growth plans
A Public Company is more than just a business structure — it’s a statement of your intent to grow, include, and lead. Whether you’re preparing for an IPO or just aiming to bring in more transparency and capital, this model gives you the platform to do both.
If you’re planning to start a Public Company or convert an existing private company, we can help you through the entire process — from choosing the right name to filing all the legal forms.
Let’s turn your big vision into a publicly recognized business reality.
Key Features of a Public Company
Understanding the DNA of a Public Company can help you decide if it’s the right path for your business:
- Minimum 7 Shareholders required to incorporate
- Minimum 3 Directors
- No limit on maximum shareholders
- Can issue shares to the general public
- Can be listed or unlisted
- Must end with the words “Limited”
- Mandatory regulatory compliance with SEBI (if listed)
- Greater disclosure requirements
Benefits of a Public Company
A Public Company is not just a legal label — it’s a growth vehicle. Here’s why it’s the preferred structure for large and scalable businesses:
1. Access to Capital
Public Companies can raise capital by:
- Issuing equity shares to the public
- Raising funds through IPOs
- Attracting institutional and FDI investors
2. Credibility & Visibility
Public companies are subject to strict scrutiny and audits — which boosts trust among customers, investors, and financial institutions.
3. Liquidity for Shareholders
Shares can be freely traded on the stock exchange (if listed), allowing shareholders to exit or invest more easily.
4. Employee Stock Options (ESOPs)
You can attract top talent through stock-based incentives and career ownership.
5. Expansion & Global Reach
Large-scale businesses, infrastructure ventures, and multinationals prefer the public company model for scaling operations across India and abroad.
Eligibility to Form a Public Company in India
According to the Companies Act, 2013, these are the basic eligibility criteria to form a Public Company:
- Minimum 7 shareholders are required to incorporate a Public Company
- Minimum 3 directors must be appointed (at least one should be a resident of India)
- Each director must have a DIN (Director Identification Number) issued by the MCA
- Digital Signature Certificates (DSC) are required for all directors to sign e-forms
- The company name must end with “Limited” (e.g., ABC Technologies Limited)
- A registered office address in India is mandatory at the time of incorporation
- No minimum paid-up capital is prescribed, however it should have an authorised share capital of ₹1 lakh or more
- If planning to list on a stock exchange, compliance with SEBI regulations is also necessary
Process of Registering a Public Company in India:
Starting a Public Company may sound complex, but with a proper plan, it’s manageable and efficient. Here’s a step-by-step breakdown:
Step 1: Obtain Digital Signatures (DSC)
All proposed directors must get a DSC to sign forms electronically.
Step 2: Apply for DIN (Director Identification Number)
Apply via SPICe+ form while filing incorporation documents.
Step 3: Name Approval
Use the RUN (Reserve Unique Name) facility on the MCA portal to reserve your desired company name (must end with “Limited”).
Step 4: Draft MOA & AOA
- Memorandum of Association (MOA): Defines the company’s scope and objectives.
- Articles of Association (AOA): Internal governance rules.
Step 5: Filing SPICe+ Form (INC-32)
File incorporation form along with:
- MOA (INC-33) and AOA (INC-34)
- PAN, TAN application
- Director and shareholder details
- Address proof and utility bills
Step 6: Certificate of Incorporation (COI)
Once approved, you’ll receive:
- COI with CIN (Corporate Identity Number)
Step 7: Apply for Commencement of Business
File INC-20A form before commencing operations.
Step 8 – SEBI & Stock Exchange Compliance (if listing planned)
For companies aiming for IPO or listing, SEBI regulations apply.
Why Choose Mr.Brandy for Public Company Registration?
Complete online registration handled by experts
Guidance for drafting MoA & AoA
End-to-end compliance and legal support
Assistance with SEBI & IPO compliance (if applicable)
Transparent pricing and dedicated support
What documents do you get after Public Limited Company Registration?
- Unique Name Approval
- Company PAN & TAN
- Digital Signature Certificate – 2
- Memorandum of Association
- Articles of Association
- Director Identification Number – 2
FAQs on Public Company Registration
How many members are required to form a Public Company?
A minimum of 7 members are required, and there is no upper limit.
How many directors are required for a Public Limited Company?
At least 3 directors are mandatory.
Can a Public Company be listed on stock exchanges?
Yes. After meeting SEBI requirements, it can be listed on NSE, BSE, or other exchanges.
What is the minimum capital requirement for Public Company registration?
There is no minimum capital requirement as per Companies Act, 2013.
What is the difference between a Public and Private Limited Company?
A Public Company can raise funds from the public and list shares, while a Private Limited Company cannot.
Do Public Companies need a Company Secretary?
Yes. Appointment of a company secretary is mandatory.
Ready to expand your business with unlimited growth opportunities? Register your Public Company today with MrBrandy’s expert assistance and seamless process.