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 privately limited to public limited. Why you want to convert the private limited company into a public limited company depends on below few scenarios: -

• 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, and convertible debentures to the general public.
• The Public limited company enjoys better market recognition, credibility and confidence in the stakeholder’s mind.

Note: - this package is for company(ies) with turnover and authorised capital upto INR 50 Crore.

• Step 1: Board Meeting to take directors' approval for the conversion.
• Step 2: General Meeting to take members' approval.
• Step 3: Verification and Name Approval: - For further procedures, details provided by you will be verified by our experts.
• Step 4: Drafting of MOA/AOA: - After submitting your documents, we will draft/modify the MOA/AOA of your company.
• Step 5: Our expert CA will arrange Digital Signature, DIN Registration, and PAN Numbers for you. 
• Step 6: Document Submission with ROC: - Our skilled CA will draft all your documents and application and file them with ROC.
• Step 7: Once your company is converted into a Public Limited Company, we will send you all the documents and DSCs.

Note: Whole conversion process takes between 30-40 days.

• Can increase number of members, shareholders and promoters above 200.
• It’s easy and comfortable for Shareholders to transfer their shares.
• Public limited companies can raise capital from the general public through IPOs. Also, it can issue fixed deposits, debentures and convertible debentures to the general public.
• Public limited company enjoys better market recognition, credibility, and confidence in the stakeholder’s mind.
• Corpseed Procedure for Conversion

Step 1: Corpseed received your request for LLP compliances

Step 2: We will assign a dedicated resource who is professionally skilled in converting Private limited company to Public limited company. You can get in touch with the assigned resource at any point of time for consultation and assistance regarding the conversation with your Private limited company to Public limited company.

Step 4: Our resource will collect all the required documents /information and file form to ROC for incorporation.

Step 5: Our resource will draft and modify MoA & AoA for your company.

Step 6: Above 5 steps complete conversion of your Private limited company to Public limited company.

• Copy of PAN Card of Directors
• Copy of Property papers (If owned property)
• Electricity/ Water bill (Business Place)
• Landlord NOC (In case rented property)
• Copy of Aadhaar Card/ Voter identity card
• Passport size photograph of Directors
• Copy of Rent agreement (If rented property)
• Requirements for Conversion
• Director Identification number for all directors
• DSC for 1 Director
• Minimum of 7 Shareholders
• Minimum Authorized Share Capital must be Rs.5 lakhs
• Minimum Paid-up Share Capital must be Rs.5 lakhs
• Director and shareholder can be the same person
• Minimum 3 Directors