Public Limited Company Registration in Bangalore

Public limited company registration in Bangalore

A company with Public limited company registration in Bangalore can issue registered securities to the public via an IPO. It's authorized to offer shares publicly. Just having the certificate of incorporation isn't sufficient for a public company to begin operations; it needs a trading certificate. A minimum of 7 members is necessary, with no maximum limit. The board should consist of at least 3 directors, up to a maximum of 15 directors.

Advantages of Public Limited Company:

Easily Tradable Shares: Shares can be bought and sold in the market, making transfers simple for members and stock market traders.

Enhanced Capital Access:The Company with public limited company registration online in Bangalore can raise capital from both current and new investors.

Regulatory Transparency:Strict regulations require annual publication of complete financial statements, ensuring transparency about the company's financial status. This transparency aids in determining the market value of shares.

Documents required for Public Limited Company:

  • All shareholders and directors must provide their identity proof.
  • For Indian Nationals, PAN card is essential for all directors and shareholders.
  • Address proof for directors and shareholders is required.
  • A landlord's no objection certificate for rented spaces, or ownership agreement if owned.
  • Memorandum of Association (MOA) and Articles of Association (AOA).
  • Utility bill (water/electricity/telephone) for the registered office address.
  • Director Identification Number (DIN) and Digital Signature Certificate (DSC) are also necessary.

Thus, these are the documents are necessary for online Public limited company registration in Bangalore.