A public limited company is a separate legal entity that is registered under the companies act, 2013. Public limited can offers shares to the public and has limited liability. The shares of a public limited company that is already listed to be listed in the stock market can be acquired by anyone through IPO or through stock market trade. A public limited company can easily raise funds through a brokerage firm and the public. There is a higher cost of compliance as compared to the Private limited company as well as strict provision. This is because due to public money is involved.