Pvt. Ltd. to Public Limited Conversion

Starts @ Rs. 40,000/-
Rs. 30,000/-*

Cost Effective

Experienced Team

Customer Satisfaction

No Hidden Fees / Charges.

*All price is exclusive of taxes and Govt Fees (if any).

Fill the Enquiry Form to Start Your Registration Process Right Now

Private Limited to Public Limited

Ideal for businesses planning to raise capital from public

A Public Company has seven or more members and can invite public to subscribe to its shares. A subsidiary company of a Public company is deemed to be a Public company. A Private company is an organization which limits its number of members to 200 and cannot invite public to subscribe to its shares. Legal Provisions related to Conversion of Private Company into Public Company are given in Section 18 and 14 of the Companies Act, 2013 read with Rule 33 of Companies (Incorporation) Rules, 2014. Section 14 of Companies Act, 2013 plays an important role during the Conversion of Private Limited Company into Public Limited Company. Conversion of Private Limited Company into Public Limited Company involves alteration of MOA and article of association of Private Company u/s 14 which cannot be done without passing special resolution of Shareholders in the General Meeting. The main advantage of Public Company is that it can raise reserves at a large scale without approaching banking system and reducing debt whereas Private Companies which are privately owned, all the reserves are raised by existing members, shareholders and promoters. If a Private company goes public then the risk is also shared among the shareholders. Public companies once recorded, get indirect promotions and support through stock exchange websites where their stocks are recorded.

Characteristic of Conversion

The basic Characteristics of conversion of Private Ltd Company to Public limited Company are –

A private company may become a public company in any of the following three modes:

Conversion by Default.
Conversion by Operation of Law or Private Company to be Deemed Public Company.
Conversion by Choice.
If the number of members is less than 7, it must be raised to at least 7
If the number of directors is less than 3, it must be raised to at least 3
The word ‘private’ shall be deleted before the word ‘limited’ in its name.

Conversion of Private Limited Company to Public Limited Company is done through Palankarta.

Benefits of Conversion

Following are the benefits of Conversion of Private Limited Company to Public Limited Company –

On the conversion of a private company into a public company no new company springs into existence.
Such conversion does not affect the legal personality of the company.
It can raise reserves at a large scale without approaching banking system and reducing debt
Risk is also shared among the shareholders.
More Capital
More attention from Mutual Funds, Hedge funds and other traders.
Better business opportunities
More preference for loans from Financial Institutions.
Can list its shares on stock exchange.
Shareholders can transfer their Shares with great ease.
Limits the liabilities of its Shareholders.
Unsystematic risk of market is spread out.
Growth and expansion opportunities are high

Services Offered by Us

Following are the services provided by us at the time of registration.

DIN for 3 Directors
DSC’s For 3 Director
Company name search & approval
Drafting of MOA and AOA

ROC Registration
Company Pan Card
Company TAN
Annual Compliance Guidance
Maximum Time Required (30 days*)

Procedure for Registration

Fill Enquiry
Form

Associate will call
and discuss in length.

Make
Payment

Complete Documentation
& Requirements

Registration
Complete

Why Palankarta?

Experienced Financial
Professionals

Deliver Service
on Time

Cost
Effective

Assured Customer
Satisfaction

No Hidden
Fees / Charges.

Frequently Asked Questions

FAQ

General Questions

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