Convert a Private Limited Company to a Public Limited Company

By converting your private limited company to a public limited company, you can allow for the free transfer of shares in the market through the issuance of a prospectus!

Introduction

In India, the share transferability of a private limited company is limited to 50 shareholders, and they are restricted from freely trading their shares with the general public. However, a Public Limited Company does not suffer such limitations and its shares may be freely traded amongst the general public. Sign up for our Conversion from Private to Public Company Service today, so that your company can shed the restrictive cocoons of Private Company regulations and emerge as a new Public Company. With our team working for you, you can focus on the impending transition, and acquiring funding for the same. Sign up today!

Distinctions between Private and Public Limited Companies

Private Companies	Public Companies
Transfer of shares to only a few investors	May offer shares to the general public
Cannot be listed	Can be listed
Lower Compliance requirements	Higher Compliance requirements

Required Documents For Convert a Private Limited To a Public Limited

The documents required in order to effect a change from a Private to a Public Company are –

Altered memorandum and articles of association.
Notice of Extra-Ordinary General Meeting (EGM) which was held to pass the board resolution indicating the approval of Directors for the conversion of a Private Limited Company to Public Limited Company.
Special resolution for conversion of the company into a public company is to be filed with the following attachments.
A certified true copy of the special resolution approving such conversion.
Form INC 27 – Application for the conversion of Private Limited to Public Limited.
Form MGT 14.
Minutes of the Meeting where approval was given for conversion.

Registration Process

Registration Procedure For Convert a Private Limited to a Public Limited

eStartIndia will help you to convert a Private Limited to Public Limited company from the comfort of your home, offering you services that are very specialized and tailored for each individual.

Get a Free Consultation for company conversion with Our Top Rated Experts with a simple registration.

Click here to read more about "Convert Partnership to LLP"

Step 1

You sign up for our Conversion from Private Limited Company to Public Limited Company service, and our financial & legal experts engage in consultations with you in order to collect the necessary information and work on the same

Step 2

Post consultations, our team shares a draft of required actions with you, preparing the necessary documentation such as the Board Resolutions

Step 3

Once the Resolutions are passed and all necessary documentation is compiled, our legal experts take care of the filing with the ROC

Package

Basic

19999 /-

Convert a Private Limited to Public Limited with free and continuous Expert Support

(Professional Fees)

FAQs

Is there any time limit for filing E form INC ?

E form INC 27 is filed within fifteen days of the receipt of the order from the Central Government.

Are there any post conversion compliance?

Yes, the Company will have to comply with the requirements of a Public Company such as Increase in no. of Directors, changes in MOA and AOA, changes in documents like PAN, changes in company’s bank account, etc.