Private Company to Public Company

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Overview
Required Documents
Benefits
Process
FAQs

Overview

A Private Limited Company is a popular structure for small and medium businesses in India because of its simple compliance, operational flexibility, and promoter control. However, as the company grows, it may require large funding, greater market visibility, and access to public investors. This is where converting to a Public Limited Company becomes beneficial.

A public limited company offers the ability to raise funds from the public through share issues, improves credibility, and allows for listing on stock exchanges. It also increases the company’s brand value and trust among customers, suppliers, and lenders. The conversion is governed by the Companies Act, 2013 and requires approval from the Ministry of Corporate Affairs (MCA) through the Registrar of Companies (RoC).

At BizGlobal, we help you complete the entire conversion process quickly and smoothly. Our experts draft the required resolutions, alter your Memorandum of Association (MoA) and Articles of Association (AoA), file the forms, and obtain approvals from the RoC. We ensure that the conversion is done in a legally compliant and hassle-free way, so you can focus on business growth.

Required Documents

REQUIRED DOCUMENT

Certificate of Incorporation of the Private Limited Company
Existing Ministry of Association (MoA) and Articles of Association (AoA)
PAN of the company
PAN and Aadhar of all directors and shareholders
Director Identification Number (DIN) and Digital Signature Certificates (DSC) of all directors
Latest audited financial statements
No Objection Certificate from creditors
Updated list of shareholders and directors
Proof of registered office (ownership deed/rent agreement)
Latest utility bill of registered office premises

Advantage

Ability to Raise Public Capital

A public limited company can raise capital from the general public by issuing shares. This helps in generating large funds for expansion, new projects, and diversification, which is not possible in a ... View More

Increased Brand Value and Credibility

Public companies are seen as more credible and trustworthy by banks, investors, and customers. The strict regulatory framework and transparency boost their reputation, which attracts larger clients, s... View More

Option to List on Stock Exchanges

After meeting the eligibility criteria of Securities and Exchange Board of India (SEBI), a public limited company can list its shares on stock exchanges. This gives access to a wider pool of investors... View More

Better Growth Opportunities

Public companies can expand faster because they can raise large funds, hire experienced professionals, and enter new markets. The availability of capital supports big projects, technological upgrades,... View More

Limited Liability Protection for Shareholders

Even after conversion, shareholders enjoy limited liability, meaning their personal assets remain protected against any business debts or losses. This motivates investors to invest more in the company... View More

REGISTRATION PROCESS

Process to Convert a Private Company to a Public Company

Convene Board Meeting

Hold a board meeting to approve the proposal for conversion and to call an extraordinary general meeting (EGM) of shareholders.

Pass Special Resolution

Conduct the EGM and pass a special resolution approving the conversion and alteration of the MoA and AoA. Ensure the company has at least 7 shareholders and 3 directors as required for a public limited company.

File with RoC

Submit the special resolution, altered MoA and AoA, and required documents using Form MGT 14 and Form INC 27 to the RoC within 15 days from passing of Special Resolution.