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A public limited company has the authority to sell its shares to the general public and attain the profit out of it while as a private limited company has a limited number of employees with the maximum number of 200 and are restricted.

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Conversion from Private Limited to Public Limited

There are various benefits of the Public limited company as the company can raise its shares and do not have to consult the bank for the same. Also the money earned from shares is low in interest while as the private limited company are private in nature and the money is raised by the members of company itself such as promoters, shareholders etc

Private Limited Company to Public Limited Company

  • 1

    Step 1

    Calling of the Board Meeting

  • 2

    Step 2

    Passing of the special resolution in the meeting and making changes in the AOA and MOA

  • 3

    Step 3

    Passing of the special resolution in the meeting and making changes in the AOA and MOA

  • 4

    Step 4

    Issuing the EGM Notice to all the members of the company

  • 5

    Step 5

    Having the EGM for the elaborate discussion and approval from the shareholders and the directors of the company

  • 6

    Step 6

    There are various forms that need to be filled for the conversion of the private to the public limited company which are then submitted to the ROC.

  • 7

    Step 7

    The total process takes 30 days during which the articles of association as well as the Memorandum of Association are approved and the conversion is made.

Documents Required for the Conversion Process

  • Passport size picture
  • PAN card of the Directors
  • Aadhar Card of the members
  • Rent agreement
  • Water bill of the place owned
  • NOC from the Landlord
  • The property papers if the place is owned
  • Frequently asked Questions

    What is the minimum requirement of directors in a public Limited Company?+
    What comprises a Public limited company?+
    Does the conversion require any extra payment?+

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