Why Public Limited Company (PLC)?
Public Limited Company (PLC) is the best for large scale because it requires minimum capital of Rs. 5 lakh and no restrictions on number of shareholders. This makes PLC easy to access for investors and issue shares to public in the form of Initial Public Offer (IPO) by complying with necessary regulations. On the other hand, certain medium size Private Companies wishes to convert to PLC and attract public investments. Public funding is risk free and low-cost funding option. Truzly helps you to incorporate Public Company as well as convert your existing Private Limited to Public. ,
- Minimum Capital of INR 5,00,000/-.
- Minimum 7 Shareholders required (Company and Individuals)
- Minimum 3 Director’s Required.
- Maximum Number of Shareholders (No limit).
- Directors / Shareholders KYC
- Brief of what business you wish to undertake after incorporation
- Capital to be invested
Start with Us and Grow with Us
Truzly professionals are ready to serve you for Public Limited Company Incorporation and gamut of services
All Inclusive Pricing – No Hidden Fee
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Just ₹50,000 Only/-
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10 digital signatures for Directors / Shareholders #1
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3 Directors Identification Number (DIN)
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Name approval from Ministry of Corporate Affairs #2
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Rs. 10 Lakhs authorized Capital
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Incorporate fee
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Stamp duty #3
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Certificate of Incorporation
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Memorandum and Articles of Association
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PAN Number for the Company
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TAN number for the Company
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GST registration
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Free Logo design
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Trade Mark application#4
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Free Bank Account opening #5
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Accounting / book keeping services for 1 year #6
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One-year free compliance like Board minutes, General Meeting minutes, etc.,#7
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Free consultancy on Corporate Matters for one year
- If more than 2 directors / shareholders, additional digital signatures to be procured.
- Name approval is subjected to the rules and regulations of Companies Act, and approval of the Ministry of Corporate Affairs.Prohibited names, similar to existing company name, Trade mark will not be entertained. Click to know how to choose yourCompany name.
- This stamp duty fee waiver is not applicable for companies incorporated in Madhya Pradesh, Punjab and Kerala. Stamp duty tobe paid in advance on actual basis for these states. For Madya Pradesh – Rs. 7500, for Punjab – Rs. 10,000 and for Kerala – Rs.3,000/- .
- Government fee / application fee extra.
- Subject to completion of KYC and other formalities of Banks. Truzly will not guarantee opening of bank account since it ispurely out of our control.
- Free book keeping services is only upto a transaction Rs. 5,00,000.
- During the annual compliance, any government fee, ROC challan payments, certification fee shall be additional and we providecomplete documentation and compliance services only.
Convert your existing Private Company into Public Company
If your business needs further acceleration and wishes to go public funding (IPO) by complying regulations, the first process is to convert your private company to public. Public funding is low risk and low cost for any corporate but there are numerous regulations and restrictions for IPO. It is also considered as an achievement for any businessmen to go for public funding and get the company listed in a recognized stock exchange.
All Inclusive Pricing – No Hidden Fee
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Just ₹30,000 Only/-
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Preparing altered Memorandum and Articles of Association
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Preparing documents for Private to Public conversion viz., BM, GM minutes
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Filing of necessary forms with MCA
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MCA fee included
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Fresh incorporation certificate under PLC
Why you must need Truzly?
Truzly supports you to convert your Private Company into Public with or without changing your existing name / brand. We will provide all legal and professional support in conversion without affecting your existing business. Truzly has 10+ years of experience in handling cross border investments and support foreign companies to setup manufacturing units, business and obtaining necessary licensing / regulatory permissions. Our professional approach towards clients need help us to stand unique in this crowded space, contact us for free consulting on business setup now.
FAQ’s and Useful insights on Public Company Incorporation and Convertion:
- Be sure that your name should not be similar, identical or resembling to the name of an existing Company or LLP
- Be sure that it is not similar to registered trade mark or a trade mark for which an application has already been filed. If you won a brand, we will provide Trade Mark registration services along with Company Incorporation.
- It should not be Offensive, not to use the words such as, UN, Government, President or Prime Minister or undesirable.
- Either incorporate with registered office address, or
- Incorporate with communication address and later provide complete registered office address.