Chennai · Expert Advocates
Public Limited Company Registration in Chennai
Raise capital from the public, list on stock exchanges and scale without limits — incorporated in 20–25 days.
Why Velan Law
- Incorporation in 20–25 working days
- Unlimited shareholders & free share transfer
- End-to-end MCA + SEBI readiness
A Public Limited Company is the right structure for ventures planning large-scale fundraising, IPOs, public deposits or listing on the BSE/NSE. It requires minimum 7 shareholders, 3 directors and higher governance standards. Velan Law Associates handles DSC, DIN, RUN, SPICe+ filing, MOA/AOA drafting, share capital structuring, statutory registers and post-incorporation MCA compliance.
Key Benefits
- Raise capital from the public via IPO or rights issue
- Freely transferable shares — high liquidity
- Separate legal entity with perpetual succession
- Limited liability for all shareholders
- Higher credibility with banks, regulators and investors
Documents Required
- PAN & Aadhaar of all 7+ shareholders and 3+ directors
- Passport-size photographs
- Address proof of each director and shareholder
- Registered office proof — rent agreement, NOC, utility bill
- Capital structure & shareholding pattern
How We Work
DSC & DIN for Directors
Class-3 Digital Signatures and DINs for all directors.
Name Reservation (RUN)
Reserve a unique company name via the MCA portal.
SPICe+ Filing
Incorporation form with MOA, AOA, capital structure and director details.
Certificate of Incorporation + PAN/TAN
CIN issued along with PAN, TAN, EPFO and ESIC.
Commencement of Business (INC-20A)
Filed after share subscription money is received.
Frequently Asked Questions
What is the minimum capital for a Public Limited Company?
After the 2015 amendment there is no minimum paid-up capital, but a realistic working capital is recommended (typically ₹5–10 lakh).
How many directors and shareholders are needed?
Minimum 7 shareholders and 3 directors; no maximum on shareholders. At least one director must be an Indian resident.
Can a Public Limited Company list on NSE/BSE?
Yes — that is its primary advantage. Listing requires meeting SEBI eligibility, DRHP filing and merchant banker appointment.
What annual compliances apply?
Statutory audit, AOC-4, MGT-7, board meetings (4/year), AGM, secretarial audit (if applicable) and director KYC.
Public Limited vs Private Limited — which is better?
Pvt Ltd is faster, cheaper and suited for closely-held businesses. Public Limited is required if you want to raise capital from the public or list on stock exchanges.
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