Skip to main content Skip to search

Public Limited (F)

Public Limited

A public limited company is a legal corporate registered under companies act,2013. This means that the public company has limited liability towards owners and management. It offers shares to the public and has limited liability. The shares can be acquired by anyone though IPO or through stock market trade. Such offerings are beneficial in raising funds for the company. The rules and regulations are most stringent as compared to the Private limited company. This is because the funds invested in the company also belong to the public.

  1. Large Capital :Public Limited Company can raise a large capital through make an IPO.
  2. Growth Opportunities: As the organization has an expansive capital base development .
  3. Management : Public Limited Companies have a large number of investors. The organization is managed by the Board of Directors.
  4. Limited Liability : The proprietors of Joint Stock Company have restricted obligation. In the event that the organization ends up wiped out/bankrupt and can’t satisfy business liabilities bankrupt resources, the individual resources of the proprietors/investors can’t be utilized to reimburse the liabilities of the organization.
  1. Potential for Loss of Control
  2. Different Directions for the Business
  3. Stock Market Vulnerability
  4. Increased Legal Compliances
  1. Minimum capital requirement for a public limited company is Rs. 5, 00,000
  2. Minimum number of members or shareholders required is 7 (seven)
  3. Must have minimum number of at least 3 directors .

All about Public limited Company

Public Limited

The Public limited company  is preferred as it has a separate legal entity under the Companies Act, 2013. Such form of business has a wider Compliance capacity to own property and incur debts. This is because the member of the company, both shareholders and the directors, have no liability to the creditors of the company.

Shares offered by a public limited company are easily transferable to any other person, such that it requires filing and signing of share transfer form to transfer the shares.

Disadvantages of the public limited

  • Nepotism: Get ready to stand in long queues as a PUBLIC LIMITED COMPANY has to undergo too many legal formalities.
  • Controls and regulations: Public Limited Companies has large compliance to be followed.
  • Inflexibility: Thanks to its democracy and high degree of external control that we get another con. Rapid decisions could not be taken in a Public Limited Company, thus imparting rigidity in decision making to the company.
  • Lack of secrecy: You will have to maintain transparency with public in your decisions. Thus even business secrets are not secrets.
  • Distribution of profits: Public company has to distribute profit with shareholders.
  • Suitability: Public Limited Company are not suitable for all types of business activities. Small scale businesses which cater to the needs of limited section of the society, need not be incorporated as Public Limited Company. It is best entity for large scale businesses only.
  • High costs: All Public Limited Company provide does not come without any cost. Starting up a Public Limited Company requires huge cost, time, and effort.

Basic

INR 1,500/-

One Time Fee

  • GST Registration
  • MSME Registration
  • Bank A/c.

Service Provide Within 7 Days

Standard

INR 11,999/-

One Time Fee

  • GST Registration
  • Shop & Establishment Registration
  • MSME Registration
  • Trade Mark Registration
  • Logo Design
  • Opening Bank A/c.

Service Provide Within 15 Days

Premium

INR 11,999/-

Yearly Fee

  • Yearly GST Compliances
  • Income Tax Return

Services Provided Before the Due Date

Frequently Asked Questions

I am text block. Click edit button to change this text. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

I am text block. Click edit button to change this text. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

I am text block. Click edit button to change this text. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

I am text block. Click edit button to change this text. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

I am text block. Click edit button to change this text. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.