Note: - this package is for company(ies) with turnover and authorised capital upto INR 50 Crore.
Convert Private Limited to Public Limited
The Companies Act, 2013 provides for converting a Private Limited Company to a Public Limited Company by altering the MOA and AOA of the company and replacing private limited to public limited. Why you want to convert the private limited company into public limited company depends on below few scenerios: -
- Want to increase the number of members, shareholders, or promoters above 200.
- Shareholders want to transfer their shares with ease.
- Want to raise capital from the general public through IPO. Also want to issue fixed deposits, debentures, convertible debentures to the general public.
- The Public limited company enjoys better market recognition, credibility and confidence in the stakeholder’s mind.