ComplyKart Services
Convert your Private Limited Company into a Public Company — handled by ComplyKart experts, without the paperwork headache.
Package inclusion:
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Best Consultancy by Expert CA
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Name Reservation
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Filing of Form-2, 3, MGT-14
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Document Drafting and LLP Agreement
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Post conversion compliances
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Experience behind every filing
A quick snapshot of the work so far.
Fees
Fees and packages for private limited to public limited
Every requirement is a little different, so we quote after a short discussion — the consultation itself is free.
Private Limited to Public Limited
Talk to a ComplyKart expert — we’ll understand your requirement and share an exact written quote before you pay anything.
Private to Public Limited Conversion Package Inclusions
- Conversion eligibility and member threshold review
- Special resolution and explanatory statement drafting
- ROC filings (MGT-14, INC-27) for conversion
- MOA/AOA alteration for public company structure
- New Certificate of Incorporation follow-up
Overview
PRIVATE LIMITED COMPANY INTO PUBLIC LIMITED COMPANY
What is Private Limited Company ?
Private Limited Company is a great structure to grow your business but with certain limitations like restrictions in transfer of shares and restriction of maximum number of shareholders. When you think of grow big, you need a bigger team and you need bigger funds, there you go public and value to your Business. ComplyKart is the Industry Leader with great experience in Corporate Restructuring and Business Registrations all over India.
What is Public Limited Company ?
A Public Limited Company is a type of Company where there is no limit of Shareholders and there is no restriction in transfer of shares. This type of business entity is beneficial when the company is planning for go for Public Issue as it is required for a Company to be a public company to go for public issue. Public Company can be formed with minimum number of 3 Directors and 7 shareholders. Having a Public Company creates a trust in public and other dealing stakeholders.
Benefits
Advantages of Public Limited Company
Open each benefit to see what it means for you.
Better Management
Since the Public Company is bigger in size, the management of Public Company always try to employ best of the staff with better management skills and decentralize the decision taking power
Easy transferability of Shares
The shares of a public Limited Company are held by huge number of shareholders and these shares are listed or sometimes non-listed. The shares of Public company are easily transferable since it is traded on the stock Exchange.
More Credibility
Public Limited Company is the most trustworthy entity as it has to comply with many laws and regulations. Therefore stakeholders rely more on Public Limited Companies.
Better Expansion
Since there is an involvement of number of people in Public Company therefore the Capital contribution in Public Company is comparatively large which helps in quick expansion
More Attention
The Shares of a Public Limited Company are listed on a stock exchange therefore it attracts the attention of public at large resulting into diversified shareholding base.
Documents
Documents Required
Clear, current documents matter more than a long checklist. Names, dates of birth and addresses should match across records.
Documents Required
Process
Procedure of conversion
You’ll see each stage, what’s pending and what we need from you — so filings don’t bounce back.
Convene Board Meeting
Convene a Board Meeting of Directors and pass necessary resolutions for conversion and obtain approval from the Ministry.
Obtain Shareholders’ Meeting
Convene an Extra-Ordinary General Meeting and obtain approval of Shareholders to convert the Private Company into a Public Company and Alteration of its Memorandum & Articles
File Form MGT-14
Form INC-14 is required to be filed to the Registrar to intimate about the EGM and the alteration of Memorandum & Articles of Company within 30 days of the EGM.
File Form INC-27
Form INC-27 is to be filed with Registrar of Companies to affect the conversion with attached minutes of EGM, CTC of Board Meeting and altered AOA
Approval from ROC
ROC upon receiving the Form INC27 and other required documents approves the conversion and issues a fresh COI in the new name of Company.
Why ComplyKart
How ComplyKart can help
You should know who’s doing what. Open a stage to see how the work is shared.
Consulting & Strategy
Our conversion experts will give you the best consulting and prepare the strategy for conversion of your Private Limited...
Client’s growth
Our services are aimed at achieving growth for clients. We can provide necessary guidance for understanding the conversi...
Competence is our strength
We make every effort to stay updated with the rules and regulations by MCA. This enables us to deal with client’s needs...
Always there for you
The assurance of a dedicated workforce including support staff and managers can be a promising factor in the conversion...
Post Conversion Compliance
Once the conversion is approved by the Authority you need to comply with certain rules which we help you to Comply and k...
If a founder or investor is outside India
Foreign ownership is possible in many sectors, but it adds document authentication, banking and FEMA work. Set the route before funds move.
Plan before you start
- Check whether your sector permits automatic-route foreign investment
- Confirm the Indian resident director arrangement
- Map ownership, beneficial ownership and pricing
- Allow time for apostilled or consularised documents
Plan for after setup
- Receive funds through permitted banking channels
- Complete RBI/FEMA reporting and keep the bank evidence
- Coordinate tax and ongoing compliance advice early
What clients say about working with us
Real stories from businesses we've worked with.
Our Trademark was applied in all the classes with a short span of time by Complykart Trademark Experts and I can say the level of expertise and commitment they carry is remarkable. It's an A+ from my side. We are now sticking to ComplyKart only.
I found the professionalism of the staff at complykart.com, a pleasure to work with. As a foreigner to India, they took the time to explain the documentation and assisted in every question I raised. I was pleased that complykart.com made it easy for my Business.
Trust, Commitment, Dedication and responsiveness are the best things with ComplyKart. Thanks for handling our Merger assignment with so much care. After my business disputes, complykart handles all things with own sense of understanding.
Get a free consultation
Talk to a ComplyKart professional about private limited to public limited — no obligation, no spam.