Public Limited Company

A Public Limited Company under Company Act 2013 is a company that has limited liability and offers shares to the general public. Its stock can be acquired by anyone, either privately through (IPO) initial public offering or via trades on the stock market.

Incorporating a Public Limited Company is a suitable option for large scale businesses that require huge capital. There should be a minimum of seven members with no limit on maximum number of members/shareholders for starting a Public Limited Company.

Usually, Public Limited Companies get listed with stock exchanges to raise capital from the general public. This is why Public Limited Companies have to comply with multiple regulations of the government and starting a public limited company becomes a cumbersome process.

Requirements for Incorporating a Public Limited Company

Minimum paid up share capital

INR 5 Lakhs

Minimum Number of Directors

Maximum Number of Directors

Minimum number of share holders

Maximum number of share holders

– 3

– 50

– 7

 – No Limits

Documents required

• Copies of the Identity documents of all the Directors- Aadhar Card, Voter Card, PAN card
• Passport sized photographs of all the Directors
• DSC (Digital Signature Certificate) of all the Directors
• DIN (Director Identification Number) of all the Directors
• In case the office is in a rented property – the rent agreement
• In case the office is an owned place – the property ownership documents
• The water bill and the electricity bill of the business place
• No Objection Certificate by the Landlord
• Memorandum of Association (MoA)
• Articles of Association (AoA)

 

BASIC

iNR 33,899

Digital Signatures

3 Director Identification Numbers

1 RUN Name Approval

Upto 10 Lakhs Authorized Capital

Incorporation Fee

Stamp Duty

Incorporation Certificate

Current Account Opening

PAN & TAN

50+ Document Formats

Incorporation Kit

Hard-copy Share Certificates

GST Registration

Premium LEDGERS Accounting Software

GST eWay Bill Software

Domain Registration (example: www.agc.com/in/org)

sTANDARD

iNR 62,899

Digital Signatures

3 Director Identification Numbers

1 RUN Name Approval

Upto 10 Lakhs Authorized Capital

Incorporation Fee

Stamp Duty

Incorporation Certificate

Current Account Opening

PAN & TAN

50+ Document Formats

Incorporation Kit

Hard-copy Share Certificates

GST Registration

Premium LEDGERS Accounting Software

GST eWay Bill Software

Commencement of Business

Certificate Bookkeeping

Financial Statement Preparation

Annual Report

Director's Report

Board Resolution Preparation

MCA Annual Return Filing

Income Tax Return Filing

1 Year Dedicated Compliance Manager Support

Domain Registration (example: www.agc.com/in/org)

PREMIUM

iNR 82,899

Digital Signatures

3 Director Identification Numbers

1 RUN Name Approval

Upto 10 Lakhs Authorized Capital

Incorporation Fee

Stamp Duty

Incorporation Certificate

Current Account Opening

PAN & TAN

50+ Document Formats

Incorporation Kit

Hard-copy Share Certificates

GST Registration

Premium LEDGERS Accounting Software

GST eWay Bill Software

Commencement of Business

Certificate Bookkeeping

Financial Statement Preparation

Annual Report

Director's Report

Board Resolution Preparation

MCA Annual Return Filing

Income Tax Return Filing

1 Year Dedicated Compliance Manager Support

1 Year GST Return Filing (GSTR-3B or GSTR-1)

UdyogAadhar Registration

Trademark Registration

Domain Registration (example: www.agc.com/in/org)

Important Notes:

• Digital signatures with 2 year validity on secure USB token.
• Upto 4 name options can be given in 1 RUN name approval request.
• Authorised capital is the amount of shares a company can issue at anytime and can be increased further in the future. Paid-up capital is the amount invested by shareholder and can be even Rs.2.
• In case of Rs.10 lakh authorised capital, stamp duty of Rs.5120 (on actuals) will be chargeable extra for the state of Gujarat. Rs.5510 will be the additional stamp duty charges for state of Rajasthan. In case of incorporation in Madhya Pradesh, an additional stamp duty of Rs.7550 will be applicable. In case of incorporation in Punjab, an additional stamp duty of Rs.15025 will be applicable. In case of Kerala, an additional stamp duty of Rs.3025 will be applicable.
• Business Current Account and Payment Gateway powered by ICICI Bank Limited. Subject to terms and conditions of ICICI Bank Limited.
• Premium LEDGERS Accounting Software with GST Portal Integration and eWay Bill Software.
• Statutory Auditor fee is payable on actuals directly to the Independent Auditor appointed by the Board of Directors. Agencer will only be responsible for accounting, preparation of financial statements and filing of returns on behalf of the Company.


Updated on 12/07/2021