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Private to Public Limited Company

 


Convert Private Limited Company to Public Limited Company in India


Unlock Growth Potential: Go Public with Confidence

Convert Your Pvt Ltd Company into a Public Limited Company & Scale Limitlessly


What is Conversion from Private to Public Company?

Converting a Private Limited Company into a Public Limited Company allows businesses to raise funds from the public, list on stock exchanges, and increase credibility and transparency. This transformation brings with it enhanced regulatory compliance but also opens up tremendous growth and investment opportunities.


Why Convert to a Public Limited Company?

  • Access to Capital Markets (Issue Shares to the Public)

  • Increased Brand Recognition & Credibility

  • Eligible for Stock Exchange Listing (NSE/BSE)

  • Perpetual Succession with Limited Liability

  • Ease of Share Transferability

  • Wider Shareholder Base


Key Features of a Public Limited Company

ParticularDescription
Minimum Directors3
Minimum Shareholders7
Maximum ShareholdersUnlimited
Share TransferabilityFreely Transferable
Stock Exchange ListingOptional
Compliance RequirementHigh (SEBI, MCA, ROC, etc.)

Eligibility Criteria

  • Must be an existing Private Limited Company

  • Must have minimum 7 shareholders and 3 directors

  • Digital Signature (DSC) and Director Identification Number (DIN) for directors

  • Approval from Board & Shareholders through Special Resolution

  • Alteration of MOA & AOA


Documents Required

  • Certificate of Incorporation of Pvt Ltd Company

  • PAN of Company

  • MOA & AOA (to be altered)

  • DSC & DIN of Directors

  • Board & Shareholders Resolution

  • Latest Audited Financial Statements

  • Identity & Address Proof of Directors

  • Consent Letters & Affidavits


Conversion Process – Step by Step

StepActivity
1Hold Board Meeting & Pass Resolution for Conversion
2Conduct EGM & Pass Special Resolution
3Alter MOA & AOA
4File Form MGT-14 with ROC (within 30 days)
5File Form INC-27 with ROC for conversion
6ROC issues Fresh Certificate of Incorporation
7Apply for PAN, TAN update, and bank changes
8Update Statutory Records and Compliances

Processing Time: 15–20 business days


Legal Framework

  • Governed under Companies Act, 2013

  • Forms Involved: MGT-14, INC-27, DIR-12

  • Requires shareholder and board approvals

  • Complies with SEBI guidelines (if going for IPO)


Comparison Snapshot

FeaturePrivate LimitedPublic Limited
ShareholdersMax 200Unlimited
FundraisingLimitedPublic & Private
ListingNot AllowedAllowed
Share TransferRestrictedFree
Regulatory ScrutinyModerateHigh
CredibilityModerateHigh

Post-Conversion Requirements

  • Apply for a new PAN, TAN

  • Update GST registration, licenses, and bank details

  • Maintain statutory records: Minutes, Registers

  • Hold AGM as per Public Company norms

  • Comply with annual filings, audit, and SEBI guidelines (if applicable)


Why Choose SSA Tax?

Experienced Corporate Law Experts
End-to-End Legal Assistance
Fast Processing with ROC & MCA
Affordable Pricing & Transparent Process
Dedicated Compliance Support Team


Testimonials

"Converting our Pvt Ltd to a Public Limited was a major step. SSA Tax handled it smoothly, including ROC filings and documentation. Highly recommended!"
– Rajesh T., Founder, EcoTrak Ltd.


FAQs

Q1. Is SEBI approval required for Public Company conversion?
Only if you plan to list the company or issue shares publicly.

Q2. What happens to existing shareholders?
They remain shareholders. More can be added post-conversion.

Q3. Can the company raise capital immediately after conversion?
Yes, subject to compliance with SEBI and Companies Act regulations.

Q4. Will PAN and GST need to be changed?
No, but updates with respective authorities may be needed.


Ready to Convert Your Company?

Call Us: +91-9773346539/38/34
Email: contact@ssatax.in
Convert Now


Let’s Get Started with Your Company Transformation

Your growth deserves the right legal structure. Let us handle the conversion process while you focus on expanding your vision.

Begin Conversion