The Companies Act, 2013 provides for converting a Private Limited Company to a Public Limited Company by altering the MOA and AOA of the company and replacing private limited to public limited. Why you want to convert the private limited company into public limited company depends on below few scenerios: -
Want to increase the number of members, shareholders, or promoters above 200.
Shareholders want to transfer their shares with ease.
Want to raise capital from the general public through IPO. Also want to issue fixed deposits, debentures, convertible debentures to the general public.
The Public limited company enjoys better market recognition, credibility and confidence in the stakeholder’s mind.
Step 1: Corpseed received your request for LLP compliances
Step 2: We will assign a dedicated resource who is professionally skilled in converting Private limited company to Public limited company. You can get in touch with the assigned resource at any point of time for consultation and assistance regarding the conversation with your Private limited company to Public limited company.
Step 4: Our resource will collect all the required documents /information and file form to ROC for incorporation.
Step 5: Our resource will draft and modify MoA & AoA for your company.
Step 6: Above 5 steps completes conversion of your Private limited company to Public limited company.
Documents required for Conversion
Copy of PAN Card of Directors
Copy of Property papers (If owned property)
Electricity/ Water bill (Business Place)
Landlord NOC (In case rented property)
Copy of Aadhaar Card/ Voter identity card
Passport size photograph of Directors
Copy of Rent agreement (If rented property)
Requirements for Conversion
Director Identification number for all directors
DSC for 1 Director
Minimum of 7 Shareholders
Minimum Authorized Share Capital must be Rs.5 lakhs
Minimum Paid-up Share Capital must be Rs.5 lakhs
Director and shareholder can be the same person
Minimum 3 Directors
How to get Convert Private Limited to Public Limited?
Connect With Corpseed
Connect with the team corpseed to discuss specific requirements for your business at IVR: +91 7558 640 644 or email@example.com. It takes 20-25 minutes to discuss requirement.
Once you discuss the requirement, we will align a dedicated Account managers are here to help understand your business and provide best solutions and assist you with the entire process.
Real Time Update
Use our platform to track progress of application and many more. Always know what is going on with your application, what is in progress, and what is done.
Once job is completed, you will receive documents directly to your email ID and at your doorstep along with 30 days payback guarantee incase not satisfied with the services.
The Insured banks will need to make a premium payment on DICGC on its total Insuring Deposits in two weeks. In the event of a delay, the banks are going to pay penal interest at 8% over the Bank rate Read More
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