OPC to Public Limited Company

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Overview
Required Documents
Benefits
Process
FAQs

Overview

A One Person Company (OPC) is ideal for solo entrepreneurs starting small-scale ventures with limited liability and minimal compliance. However, as the business grows, OPCs face limitations like having only one shareholder, restricted funding options, and less market credibility. A Public Limited Company, on the other hand, is a much more scalable structure that allows raising funds from the public, attracting large-scale investments, and listing on stock exchanges.

The conversion from an OPC to a Public Limited Company is governed by the Companies Act, 2013 and requires approval from the Ministry of Corporate Affairs (MCA). This conversion can be done after fulfilling certain eligibility criteria such as increasing the number of shareholders to a minimum of 7 and directors to a minimum of 3. After conversion, the company gets a new Certificate of Incorporation, and all assets, liabilities, and obligations of the OPC are seamlessly transferred to the new public company.

At BizGlobal, we help you convert your OPC into a Public Limited Company in a smooth and legally compliant manner. Our experts will manage everything — from preparing resolutions and drafting documents to filing forms and obtaining approvals from the Registrar of Companies (RoC). This ensures a stress-free transition so that you can focus on expanding your business and reaching new markets.

Required Documents

REQUIRED DOCUMENT

Certificate of Incorporation of OPC
Memorandum of Association (MoA) and Articles of Association (AoA) of the OPC
PAN Card of OPC
PAN Card, Aadhaar/Passport/Voter ID of all existing and proposed directors/shareholders
Passport-size photographs of all directors
Director Identification Number (DIN) and Digital Signature Certificates (DSC) of all directors (if available)
Proof of registered office (ownership proof or rent agreement)
Latest utility bill of the office (not older than 2 months)
No Objection Certificate from the property owner
Consent letters from new directors/shareholders
Financial statements of the OPC

Advantage

Ability to Raise Public Funds

A public limited company can raise funds from the general public by issuing shares, helping in large-scale expansion.

Enhanced Credibility and Brand Value

Public companies are considered more trustworthy and credible, which improves their reputation among investors, banks, and customers.

Limited Liability Protection

Shareholders have limited liability, meaning their personal assets remain protected against business losses.

Better Growth Opportunities

Public limited companies can access large markets, attract top talent, and expand rapidly with the help of public funding.

Listing on Stock Exchanges

After meeting regulatory conditions, public companies can list their shares on stock exchanges to raise even more capital.

REGISTRATION PROCESS

Process to Convert a One Person Company into a Public Company

Board & Shareholder Approval

Pass a board resolution, obtain consent from members and proposed shareholders, and appoint new directors/members. File DIR-12 and MGT-14 with the RoC.