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Convert Private Limited to Public Limited in India

Are you looking to turn your Convert Private Limited to Public Limited in India? This change can help your business grow faster, raise funds from the public, and build stronger trust in the market. To make the switch, your company should have at least 3 directors and 7 shareholders. You’ll need to pass a few resolutions, update your company’s legal documents, and file the required forms with the Registrar of Companies (ROC). Vakil Adda can guide you through the entire process, making it smooth and hassle-free. Once approved, you’ll get a new certificate confirming your company is now public. It’s a simple process when done right and can open the door to bigger business opportunities.

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Want to Convert Pvt Ltd to Public Ltd?

Legal Guidelines for Private to Public Company Conversion

Convert Private Limited to Public Limited in India into a Public Limited Company in India is a smart step if you’re planning to grow, raise funds from the public, or list your company on the stock exchange. To begin, your company must have at least 3 directors and 7 shareholders. You’ll need to hold a board meeting to propose the conversion and then conduct a general meeting to get approval from shareholders through a special resolution. After that, you must file Form MGT-14 within 30 days and Form INC-27 within 15 days with the Registrar of Companies (ROC), along with required documents like the updated Memorandum and Articles of Association (MOA & AOA), list of directors, and shareholder details.

Once the ROC reviews and approves your application, you will receive a new Certificate of Incorporation, officially making your company a Public Limited Company. As per the latest SEBI guidelines, if your goal is to go for an Initial Public Offering (IPO), ensure your company meets the updated requirements—such as minimum profitability criteria and proper fund usage disclosures. These changes are aimed at improving transparency and investor protection, especially for small firms entering the public market. Staying compliant with these latest legal rules will help you avoid delays and make the conversion process smooth and successful.

Requirements to Transform Pvt Ltd into Public Ltd Company

If you’re planning to convert your Private Limited Company into a Public Limited Company, here are the basic requirements you must fulfill:

  1. Minimum Shareholders
    A Public Limited Company must have at least 7 shareholders. If your company currently has fewer, you’ll need to add more before the conversion.
  2. Minimum Directors
    The company must have at least 3 directors. These directors must meet the eligibility criteria under the Companies Act.
  3. No Maximum Limit on Shareholders
    A Pvt Ltd company has a limit of 200 members. But in a Public Ltd company, there’s no upper limit—you can have unlimited shareholders.
  4. No Restriction on Share Transfer
    Public companies cannot restrict the transfer of their shares. This allows the company to raise funds from the public or investors more freely.
  5. Company Name Must End with ‘Limited’
    You must remove ‘Private’ from the company name, and it should end with ‘Limited’ to reflect its new public status.
  6. Capital Structure
    There is no fixed minimum paid-up capital requirement for a public company as per current rules, but the capital should be reasonable to meet operational and legal needs.
  7. Compliance with Public Company Norms
    Once converted, the company must follow all rules applicable to public companies, including stricter disclosure, governance, and financial reporting standards.

List of Essential Documents for Pvt Ltd to Public Ltd Conversion

There are many benefits to obtaining Make in India Certification:

  1. Utilizing the Make In India branding for product promotion in the local market.
  2. Preference in bidding and tendering processes.
  3. Aid in building brand recognition (as part of the Nation First Initiative).
  4. Advantages in exporting products.
  5. Preference in public procurement.

What Are the Documents Required for Make in India Certificate Registration?

If you’re planning to Convert Private Limited to Public Limited in Indi you’ll need to gather some important documents for verification and filing. Here’s a simplified checklist:

  1. PAN Card of all shareholders and directors
  2. Passport (if any shareholder or director is from outside India)
  3. Voter ID / Driving License / Passport (for identity proof of shareholders and directors)
  4. Address Proof (recent Electricity Bill, Telephone Bill, or Bank Statement) of shareholders and directors
  5. Recent Passport-size Photo of shareholders and directors
  6. Office Address Proof (Electricity Bill or Telephone Bill for the business location)
  7. No Objection Certificate (NOC) from the landlord (if your office is rented)
  8. Lease Agreement (if the office is leased)
  9. Income Tax Return (ITR) for the last year
  10. Notarized Documents (if any director is an NRI or foreign national)
  11. Latest Audited Financial Statements
  12. Certificate of Incorporation

Memorandum of Association (MoA) and Articles of Association (AoA)

Document Checklist for Convert Private Limited to Public Limited

What’s the Cost to Convert a Private Company into Public?

Want to change your Private Limited Company to a Public Limited Company? We make the process simple and smooth for you!

What’s Included?

✅ Expert guidance on legal requirements
✅ Document preparation & filing
✅ ROC approval assistance
✅ Drafting resolutions & amendments
✅ Compliance support

💰 Fees: ₹30,000/- (Govt. fees & other charges extra)

Charges for Convert Private Limited to Public Limited
How to Change Your Private Company to Public in India
Step 1: Get Approvals

Start with a board meeting to propose the conversion. Then hold a shareholder meeting (EGM) to pass a special resolution for converting to a public company, changing the name, and updating the company rules (MOA & AOA).

Step 2: File Forms with ROC

After approval, submit the required forms to the Registrar of Companies: MGT-14 for the resolution, INC-27 for conversion, and INC-24 if changing the name.

Step 3: Get New Certificate

Once the ROC checks everything, they’ll issue a new Certificate of Incorporation. Your company is now officially a Public Limited Company.

Benefits of Converting a Private Company to Public Limited

Thinking about converting your Private Limited Company into a Public Limited one? Here’s how it can actually help your business grow and gain more visibility:

  1. Raise More Money Easily

As a public company, you can sell shares to the public and raise large amounts of money. This makes it easier to fund new projects, expand your business, or clear debts.

  1. Attract More Investors

Once you’re public, your company can pull in more investors—whether it’s individuals, big companies, or even foreign investors. This means more support and stronger finances.

  1. Build More Trust

Public companies are seen as more transparent and professional. This boosts your company’s image and helps build trust with customers, partners, and even banks.

  1. Shares Can Be Traded

Your company’s shares can be listed on a stock exchange (after meeting the rules), so investors can buy and sell them. This adds liquidity and opens more doors for growth.

  1. Make Mergers & Deals Easier

Public companies are often preferred when it comes to business tie-ups, mergers, or acquisitions—thanks to their structured setup and market value.

  1. Reward and Keep Good Employees

You can offer shares or stock options to employees, which not only motivates them but also helps you keep your best talent.

  1. Easier to Get Loans

Banks and financial institutions usually trust public companies more because of their strong financials and transparency, making it easier to get funding.

Reliable Help to Convert Your Private Company to Public in India

Turning your Convert Private Limited to Public Limited in India  is a bold and exciting move—it’s a sign your business is ready to grow, attract investors, and make a bigger mark in the market. It opens up opportunities to raise funds from the public and build more trust with stakeholders. But let’s be real—the process can be a bit tricky, with all the legal steps, approvals, and rules under the Companies Act, 2013.

That’s where the Vakil Adda Team has your back. With our expert guidance, we make the entire conversion process smooth and stress-free. Whether it’s drafting resolutions, updating your MOA & AOA, or handling ROC filings—we manage it all efficiently so you can stay focused on growing your business.

Contact: +91 9726365800 – 9726365853

FAQs: Converting Private Limited to Public Limited Company

To raise capital from the public, gain more credibility, and expand business opportunities.

Approval from the Board of Directors and a special resolution from shareholders at the EGM.

Yes, the word “Private” must be removed from the name while converting to a Public Limited Company.