Step-by-Step Guide
6 Steps
How to Convert a Private Limited to Public Limited Company
Complete step-by-step guide to converting a Private Limited Company to a Public Limited Company in India in 2026. Covers altering MOA and AOA, passing Special Resolutions, minimum 7 shareholders and 3 directors, ROC filing, SEBI compliance for listing, and post-conversion obligations.
Quick Overview
Estimated Cost
₹50000
Time Required
30 to 45 Days
Total Steps
6 Steps
What You'll Need
Documents Required
- Existing Certificate of Incorporation of the Private Limited Company
- Memorandum and Articles of Association of the company
- Board Resolution approving the conversion
- Special Resolution passed by shareholders at EGM/GM approving conversion
- Altered MOA and AOA reflecting Public Limited Company provisions
- Form INC-27 (Application for Conversion of Company)
- Consent of new directors (Form DIR-2) if additional directors are being appointed
- NOC from creditors or declaration of no outstanding creditors
- Compliance certificate from a Practicing Company Secretary
- Latest audited financial statements and Board Report
Tools & Prerequisites
- Internet access for the MCA V3 portal at mca.gov.in
- Valid Digital Signature Certificate (DSC) for directors registered on MCA portal
- Director Identification Number (DIN) for all directors including new appointments
- Practicing Company Secretary for compliance certificate and filings
- Chartered Accountant for tax advisory and financial statement review
- SEBI portal access (only if planning for public listing after conversion)
Converting a Private Limited Company to a Public Limited Company is one of the most significant corporate restructuring decisions a business can make. It opens doors to public capital markets, enhances credibility, allows unlimited shareholders, and positions the company for a potential stock exchange listing. However, it also brings substantially higher compliance obligations, stricter governance requirements, and more regulatory oversight.
This guide covers the entire conversion process under Section 14 of the Companies Act 2013 - from meeting minimum requirements to filing Form INC-27, along with the governance framework changes, compliance implications, and practical considerations you need to evaluate before making this decision.
When Should a Private Limited Company Convert to Public
The conversion is typically driven by one or more of these strategic objectives:
- IPO and stock exchange listing: The company plans to raise capital from the public through an Initial Public Offering
- Institutional investment: Certain institutional investors, venture funds, and FPIs prefer investing in public companies
- Exceeding 200 shareholders: A Private Limited Company is restricted to 200 members. If you need more shareholders, conversion is necessary
- Government tender eligibility: Some large government projects require the bidder to be a Public Limited Company
- Brand credibility: The 'Limited' suffix carries more perceived prestige and trust than 'Private Limited' in certain industries
- Mergers and acquisitions: Being a public company can simplify merger processes and increase the company's attractiveness as an acquisition target
Public Limited Company status brings significantly higher compliance costs - a mandatory full-time Company Secretary, potential secretarial audit, internal audit, Board committees, and managerial remuneration caps. Unless you specifically need the benefits listed above, remaining a Private Limited Company is generally more cost-effective. If raising equity funding is the primary goal, most VCs and angel investors invest comfortably in Private Limited Companies.
Minimum Requirements to Meet Before Conversion
| Requirement | Minimum for Public Ltd | Your Current Pvt Ltd |
|---|---|---|
| Shareholders | 7 (no maximum limit) | Check if you have 7 - if not, allot shares to additional members |
| Directors | 3 (at least 1 resident of India) | Check if you have 3 - if not, appoint additional directors |
| Company Secretary | Mandatory for all public companies | Appoint a qualified CS (ICSI member) if not already appointed |
| Woman Director | Required if paid-up capital is 10 crore or more (listed) or 100 crore or more (unlisted) | Appoint if applicable |
| Independent Directors | Required if listed, or unlisted with capital 10 crore+, turnover 100 crore+, or loans 50 crore+ | Identify and appoint if applicable |
| Share Transferability | Freely transferable - no restrictions | AOA must be amended to remove transfer restrictions |
| Minimum Capital | No minimum (removed by 2015 amendment) | Not applicable |
Step-by-Step Conversion Process
Step 1: Appoint Additional Shareholders and Directors
If the company does not already have 7 shareholders and 3 directors, this is the first step:
- Identify new shareholders - they can be individuals, HUFs, or body corporates
- Allot shares through fresh issue or transfer of existing shares
- File Form PAS-3 (Return of Allotment) within 15 days if issuing new shares
- Appoint additional directors through Board Resolution or shareholders' resolution
- File Form DIR-12 for each new director appointment
- Appoint a full-time Company Secretary (ICSI member)
Step 2: Hold Board Meeting
The Board of Directors must pass resolutions approving:
- The proposal to convert the company from Private Limited to Public Limited
- Alteration of the Memorandum of Association (name change, removal of private company clauses)
- Alteration of the Articles of Association (removal of share transfer restrictions, member cap)
- Convening of an Extraordinary General Meeting (EGM) for shareholder approval
- Authorization for filing of Form INC-27 on the MCA portal
Step 3: Pass Special Resolution at EGM
Issue notice for an EGM with at least 21 clear days advance notice. At the EGM:
- Pass a Special Resolution (75% majority of votes cast) approving the conversion
- Pass Special Resolution for altering the MOA to change the company name and remove private company restrictions
- Pass Special Resolution for altering the AOA to conform to Public Limited Company requirements
- Record detailed minutes of the EGM
- File Form MGT-14 with the ROC within 30 days of passing the Special Resolution
Step 4: Prepare Altered MOA and AOA
The MOA and AOA must be comprehensively altered:
MOA Changes
- Change company name from 'ABC Private Limited' to 'ABC Limited'
- Remove clause 4 restriction (private company characteristics)
- Update subscribers page if new shareholders added
AOA Changes
- Remove the 200-member cap
- Remove restrictions on share transfer (pre-emption rights, Board approval requirement)
- Remove the prohibition on inviting public subscription
- Add provisions for Board committees (Audit, NRC, SRC) if applicable
- Add provisions for independent directors if applicable
- Update governance provisions to comply with public company requirements
Step 5: Obtain Compliance Certificate from PCS
A Practicing Company Secretary must issue a compliance certificate confirming:
- All requirements under the Companies Act have been met
- The Special Resolution was validly passed
- Minimum shareholder and director requirements are satisfied
- The altered MOA and AOA are in order
- All necessary filings have been or will be made
Step 6: File Form INC-27 on MCA Portal
- Log in to the MCA V3 portal at mca.gov.in
- Navigate to MCA Services > Company Forms > Form INC-27
- Enter the CIN - company details auto-populate
- Select conversion type: Private Limited to Public Limited
- Fill in the details of the altered company structure (shareholders, directors)
- Upload required documents:
- Board Resolution and EGM minutes with Special Resolution
- Altered MOA and AOA
- PCS compliance certificate
- NOC from creditors or self-declaration
- Latest audited financial statements
- List of all shareholders and directors
- Sign using DSC of a director
- Verified by the Practicing Company Secretary
- Pay the government fee and submit
The ROC reviews the application and may raise queries or seek additional information. Respond promptly to any ROC queries to avoid delays. Once satisfied, the ROC issues the altered Certificate of Incorporation reflecting the change to Public Limited Company.
Governance Framework After Conversion
Board Committees
Depending on the company's size and listing status, the following committees may be required:
| Committee | When Required | Composition |
|---|---|---|
| Audit Committee | Listed companies; unlisted with capital 10 crore+ or turnover 100 crore+ or loans 50 crore+ | Minimum 3 directors; majority independent; at least 1 with financial expertise |
| Nomination and Remuneration Committee | Same as Audit Committee threshold | Minimum 3 non-executive directors; at least half independent |
| Stakeholders Relationship Committee | Companies with more than 1,000 shareholders, debenture holders, or deposit holders | Chairperson who is non-executive director; other members as Board decides |
| CSR Committee | Net worth 500 crore+ or turnover 1,000 crore+ or net profit 5 crore+ | 3+ directors; at least 1 independent director (if applicable) |
Managerial Remuneration Caps
Public Limited Companies are subject to Section 197 caps on managerial remuneration. Total remuneration payable to all directors (including MD, WTD, and manager) cannot exceed 11% of net profits. Individual limits apply: 5% for each MD/WTD, and 1% (3% if no MD/WTD) for non-executive directors. These caps do not apply to Private Limited Companies, so this is a significant change.
Post-Conversion Action Items
| Action | Timeline |
|---|---|
| Update company name on all documents, letterheads, invoices, and website | Immediately |
| Update bank accounts with altered Certificate of Incorporation | Within 7 days |
| Update PAN and TAN records (name change) | Within 15 days |
| Update GST registration (company name and CIN) | Within 15 days |
| Notify all clients, vendors, and business partners | Within 30 days |
| Set up Board committees if applicable | Within 30 days |
| Appoint independent directors if applicable | Within 30 days |
| Update registered office signage | Within 30 days |
| Review and update all compliance calendars | Immediately |
SEBI Compliance for Stock Exchange Listing
If the conversion is being done as a precursor to an IPO and stock exchange listing, additional SEBI compliance is required after conversion:
- Appoint a merchant banker (SEBI-registered investment bank) to manage the IPO process
- File Draft Red Herring Prospectus (DRHP) with SEBI for review
- Complete the due diligence process including legal, financial, and operational review
- Meet the minimum public shareholding requirement (at least 25% post-IPO)
- Apply for listing approval from BSE and/or NSE
- Comply with SEBI (LODR) Regulations for ongoing listed company requirements
- Set up investor relations and corporate governance departments
Converting to a Public Limited Company does not automatically list your shares on a stock exchange. Listing is a separate, complex, and expensive process regulated by SEBI. Many public companies remain unlisted by choice. The conversion only makes listing possible - it does not require it.
Common Mistakes to Avoid
- Not meeting minimum requirements before filing: Ensure 7 shareholders, 3 directors, and a Company Secretary are in place before filing Form INC-27. The ROC will reject incomplete applications
- Inadequate notice for EGM: A minimum 21 clear days notice is mandatory. Shorter notice invalidates the Special Resolution
- Not altering the AOA comprehensively: Simply removing 'Private' from the name is not enough. The entire AOA must be reviewed and updated to remove all private company restrictions and add public company governance provisions
- Ignoring managerial remuneration caps: From the date of conversion, Section 197 applies. Director remuneration in excess of the prescribed limits is illegal. Review and restructure remuneration before conversion
- Not appointing a Company Secretary: A CS is mandatory for all public companies. Operating without a CS attracts penalties and disqualifies the company from certain filings
- Underestimating compliance costs: The ongoing compliance burden of a public company is significantly higher than a private company. Budget for CS salary, secretarial audit, internal audit, and additional filings before converting
Conclusion
Converting a Private Limited Company to a Public Limited Company is a strategic decision that opens doors to public capital markets, stock exchange listing, and institutional investment. The process involves passing a Special Resolution, altering the MOA and AOA, meeting the minimum requirement of 7 shareholders and 3 directors, appointing a Company Secretary, and filing Form INC-27 with the ROC.
The conversion itself is tax-neutral and the company continues as the same legal entity. However, the governance, compliance, and disclosure requirements increase significantly. Evaluate the benefits against the costs carefully. If the goal is raising equity from institutional investors or achieving a public listing, this conversion is the necessary foundation.
If you need end-to-end assistance with the conversion - from shareholder structuring and MOA/AOA alteration to Form INC-27 filing, Board committee setup, and post-conversion compliance management - the IncorpX team handles the complete process.
Frequently Asked Questions
Why would a Private Limited Company convert to a Public Limited Company?
Companies convert to Public Limited for several reasons: to raise capital from the public through an IPO, to get listed on stock exchanges (BSE, NSE), to improve brand credibility and public trust, to attract institutional investors who prefer investing in listed companies, to provide liquidity for existing shareholders through stock market trading, to issue securities to the public for expansion, and to meet eligibility criteria for large government contracts that require public company bidders.
What is Section 14 of the Companies Act 2013?
Section 14 deals with the alteration of Articles of Association to convert a company from one type to another. A Private Limited Company can convert to a Public Limited Company by passing a Special Resolution and altering its Articles to remove the restrictions applicable to private companies. The altered articles must be filed with the ROC within 15 days of the alteration. This section provides the statutory mechanism for conversion.
What are the minimum requirements for a Public Limited Company?
A Public Limited Company must have: minimum 7 shareholders (no maximum limit), minimum 3 directors (at least 1 must be resident of India), a Company Secretary (mandatory for all public companies), no restriction on transfer of shares, compliance with corporate governance norms, and the company name must end with 'Limited' (not 'Private Limited'). If paid-up share capital is 10 crore or more, at least 1 woman director is required.
What is the difference between Private Limited and Public Limited?
Key differences include: shareholders (Pvt Ltd: 2-200, Public: 7+, no maximum), directors (Pvt Ltd: minimum 2, Public: minimum 3), share transfer (Pvt Ltd: restricted, Public: freely transferable), Company Secretary (Pvt Ltd: required only if capital exceeds 5 crore, Public: mandatory), share prospectus (Pvt Ltd: cannot issue, Public: can issue), and stock listing (Pvt Ltd: cannot list, Public: can list on stock exchanges after SEBI approval).
How long does the conversion process take?
The conversion typically takes 30 to 45 working days. The breakdown is: Board Meeting and preparation (5-7 days), EGM notice period and meeting (minimum 21 days clear notice), Form INC-27 filing and ROC processing (10-15 working days), post-conversion filings and updates (5-10 days). If additional shareholders or directors need to be onboarded, add 5-7 days for their documentation and DIN/DSC procurement.
What is Form INC-27?
Form INC-27 is the prescribed MCA form for converting a company from Private to Public (or Public to Private). It is filed on the MCA V3 portal and contains: company details (CIN, name, registered office), details of the Special Resolution passed, details of all shareholders and directors after conversion, and requires attachment of the altered MOA/AOA, EGM minutes, compliance certificate from PCS, creditor NOC, and latest financial statements.
Is a Special Resolution mandatory for conversion?
Yes, a Special Resolution is mandatory under Section 14 of the Companies Act. The resolution must be passed at a General Meeting (EGM or AGM) with at least 75% of votes cast in favour. A notice period of at least 21 clear days must be given before the meeting. The resolution must specifically approve the conversion and the alteration of the MOA and AOA. The Special Resolution must be filed with ROC in Form MGT-14 within 30 days.
What changes are required in the MOA during conversion?
The MOA must be altered to: change the company name from 'ABC Private Limited' to 'ABC Limited', remove the clause restricting the maximum number of members to 200, remove the restriction on public invitation for share subscription, remove the restriction on transfer of shares, and update the subscribers page if new shareholders are being added. The alteration must be consistent with Public Limited Company provisions.
What changes are required in the AOA during conversion?
The AOA must be altered to: remove the pre-emption rights on share transfers (right of first refusal), remove the clause restricting members to 200, add provisions for free transferability of shares, add provisions for Annual General Meeting procedures, include poll voting provisions, add clauses for Board committees (Audit Committee, Nomination and Remuneration Committee, Stakeholders Relationship Committee if applicable), and ensure compliance with Table F of Schedule I.
Is a Company Secretary mandatory for Public Limited Companies?
Yes, appointing a full-time Company Secretary is mandatory for all Public Limited Companies regardless of their paid-up capital or turnover. This is different from Private Limited Companies where a CS is required only if paid-up capital exceeds 5 crore rupees. The CS handles all secretarial compliances, Board Meeting procedures, shareholder communications, and ROC filings. The CS should be a member of the Institute of Company Secretaries of India (ICSI).
What is the role of a Practicing Company Secretary in the conversion?
A Practicing Company Secretary (PCS) issues a compliance certificate that is attached to Form INC-27. The PCS certifies that: all requirements of the Companies Act have been met, the Special Resolution was validly passed, the altered MOA and AOA are in order, minimum shareholder and director requirements are met, and all applicable filings are complete. This certificate is mandatory for ROC acceptance of the application.
How do I increase the number of shareholders to 7?
You can increase shareholders by: allotting new shares to incoming members (requires Board Resolution, share application, and filing of Form PAS-3), transferring existing shares from current holders to new members (requires share transfer forms, stamp duty, and updating the register of members), or a combination of both. Shares can be allotted at face value or premium. The new shareholders must provide PAN, address proof, and other KYC documents.
What is the government fee for Form INC-27?
The government fee for Form INC-27 depends on the authorized share capital of the company. Fees typically range from 200 to 5,000 rupees based on the capital slab. Additionally, fees for Form MGT-14 (Special Resolution filing), Form PAS-3 (share allotment), and Form DIR-12 (director appointment) apply. If authorized capital is being increased, Form SH-7 fees are additional. Total professional fees typically range from 30,000 to 75,000 rupees depending on company complexity.
Does the CIN change after conversion?
Yes, the CIN changes partially. The prefix changes to reflect the Public Limited status. The ROC issues an altered Certificate of Incorporation with the new CIN. The company's registration number with the ROC remains the same. You must update the new CIN across all registrations, bank correspondence, contracts, invoices, letterheads, website, and statutory records.
Does the PAN change after conversion?
No, the PAN remains the same since the company continues as the same legal entity. However, you must update the company name on the PAN card (from 'Private Limited' to 'Limited') through the NSDL or UTIITSL portal. Similarly, update the company name on the TAN. All tax assessments, brought-forward losses, and ongoing proceedings continue under the same PAN.
What happens to existing contracts after conversion?
All existing contracts, agreements, and arrangements continue without interruption. The company is the same legal entity - only its type changes. No novation, amendment, or fresh execution is required. Customer contracts, vendor agreements, loan agreements, and lease agreements all remain valid. It is good practice to formally notify all business partners about the name change (from 'Private Limited' to 'Limited') and provide the altered Certificate of Incorporation.
Is there any tax implication of this conversion?
The conversion is tax-neutral. Since the company continues as the same legal entity (same PAN, same legal identity), there is no transfer of business or assets. No capital gains, no GST implications, no stamp duty on the conversion itself. The company's tax history, brought-forward losses, depreciation schedules, and advance tax payments all continue seamlessly. Income tax returns continue to be filed under the same PAN.
What are independent directors and are they required?
Independent directors are non-executive directors who do not have any material or pecuniary relationship with the company. Listed public companies must have at least one-third of the Board as independent directors. For unlisted public companies, if paid-up capital is 10 crore or more, or turnover is 100 crore or more, or aggregate outstanding loans exceed 50 crore, then at least 2 independent directors are required. If none of these thresholds apply, independent directors are not mandatory.
Is a woman director mandatory for Public Limited Companies?
A woman director is mandatory for: all listed public companies, and unlisted public companies with paid-up capital of 100 crore rupees or more or turnover of 300 crore rupees or more. For other public companies, it is not mandatory but recommended. The woman director must have a DIN and meet the prescribed qualifications. Non-compliance attracts penalties under the Companies Act.
What Board committees are required for Public Limited Companies?
The following committees may be required depending on the company's size and listing status: Audit Committee (if paid-up capital exceeds 10 crore, turnover exceeds 100 crore, or loans exceed 50 crore), Nomination and Remuneration Committee (same thresholds), Stakeholders Relationship Committee (if the company has more than 1,000 shareholders), and CSR Committee (if net worth exceeds 500 crore, turnover exceeds 1,000 crore, or net profit exceeds 5 crore). Listed companies have additional SEBI-mandated committees.
Can a Public Limited Company be listed on a stock exchange?
Yes, becoming a Public Limited Company is the first step toward listing. However, listing requires additional SEBI compliance: filing a Draft Red Herring Prospectus (DRHP) with SEBI, meeting minimum public shareholding norms (at least 25% public shareholding), appointing merchant bankers and registrars, completing the IPO process, and ongoing compliance with SEBI (LODR) Regulations. Listing is a separate, complex process that follows after conversion. Not all public companies need to be listed.
What if I don't want to list the company?
You do not have to list. Many companies convert to Public Limited status for reasons other than listing: improved credibility, ability to have more than 200 shareholders, government tender eligibility, or strategic positioning. An unlisted public company has fewer compliance requirements than a listed one - no SEBI compliance, no quarterly result disclosures, no minimum public shareholding requirement, and no stock exchange regulations. It still offers the perceived prestige of a 'Limited' company.
How does the conversion affect the company's bank accounts?
Bank accounts continue without interruption since the PAN remains the same. However, update: the company name (from 'Private Limited' to 'Limited'), the Board Resolution for banking operations (reflecting new directors if any), the authorized signatories, and provide the altered Certificate of Incorporation. Most banks process this as a name change on the existing account.
What are the ongoing compliance differences?
Key ongoing compliance differences include: Board Meetings (same - 4 per year), AGM (same - within 6 months of FY end), secretarial audit (mandatory for listed, and for unlisted public companies meeting certain thresholds), internal audit (mandatory if turnover exceeds 200 crore), related party transaction approval (more stringent for public companies), managerial remuneration caps (11% of net profits for all directors, 5% for MD/WTD), and disclosure requirements (more extensive for public companies).
What is the impact on share transferability?
This is one of the most significant changes. In a Private Limited Company, share transfers are restricted - the AOA typically requires Board approval and gives existing shareholders the right of first refusal. In a Public Limited Company, shares are freely transferable without any restriction. This means any shareholder can transfer their shares to anyone without Board approval. If you want to maintain some control over share transfers, consider creating a shareholders' agreement (binding only between parties, not enforceable under AOA).
Can the conversion be reversed (Public back to Private)?
Yes, a Public Limited Company can be converted back to a Private Limited Company by passing a Special Resolution and filing Form INC-27. However, the company must ensure it meets the private company requirements (maximum 200 members, restrictions on share transfer, no public invitation for shares). Additionally, the ROC may scrutinize the conversion to ensure it is not being done to avoid public company obligations. The process is essentially the reverse of Private to Public conversion.
What happens to ESOPs during conversion?
If the Private Limited Company has an ESOP scheme, it continues after conversion. In fact, Public Limited Companies have more flexibility with ESOPs - they can issue shares to employees under SEBI (SBEB&SE) Regulations if listed, and benefit from clearer valuation mechanisms. Existing ESOP grants and vesting schedules remain valid. The ESOP scheme document should be reviewed and updated to reflect Public Limited Company provisions.
Do I need to appoint an internal auditor?
Internal audit is mandatory for listed public companies and for unlisted public companies where: turnover exceeds 200 crore rupees, outstanding loans exceed 100 crore rupees, paid-up share capital exceeds 50 crore rupees, or outstanding deposits exceed 25 crore rupees. If none of these thresholds apply, internal audit is not mandatory. However, it is a good governance practice and recommended for public companies even below the threshold.
Is secretarial audit mandatory for Public Limited Companies?
Secretarial audit is mandatory for: all listed companies, and unlisted public companies with paid-up capital of 50 crore rupees or more or turnover of 250 crore rupees or more. The secretarial audit is conducted by a Practicing Company Secretary and the report is attached to the Board Report filed with the ROC. For other public companies, it is not mandatory but can be voluntarily adopted.
What is the minimum paid-up capital for a Public Limited Company?
Previously, Public Limited Companies required a minimum paid-up capital of 5 lakh rupees. However, the Companies (Amendment) Act 2015 removed the minimum capital requirement for both Private and Public Limited Companies. Now, there is no minimum paid-up capital requirement. However, if you plan to list the company or if certain compliance thresholds are based on capital, ensure adequate capitalization for your business needs.
How are managerial remuneration rules different for Public Companies?
Public Limited Companies are subject to Section 197 of the Companies Act which caps total managerial remuneration at 11% of net profits. The breakdown: managing director or whole-time director - 5% each (10% in aggregate if more than one), independent/non-executive directors - 1% (3% if there is no MD/WTD). If the company has inadequate profits, remuneration is governed by Schedule V of the Companies Act. Private Limited Companies were not subject to these caps.
Can foreign investors hold shares in a Public Limited Company?
Yes, foreign investors can hold shares subject to FEMA and FDI regulations. In fact, becoming a Public Limited Company opens the door to institutional investors like FIIs (Foreign Institutional Investors) and FPIs (Foreign Portfolio Investors) who prefer investing in public companies. The company must comply with FDI sectoral caps and reporting requirements under FEMA. If listed, the company must also comply with SEBI regulations on foreign shareholding.
What is the impact on related party transactions?
Related party transactions are subject to stricter scrutiny in Public Limited Companies. The Audit Committee must approve all related party transactions before they are entered into. For material related party transactions (exceeding prescribed thresholds), shareholders' approval by ordinary resolution is also required. Related parties (directors, KMPs, and their relatives) cannot vote on such resolutions. This is a significant governance change from Private Limited Companies.
Do all existing shareholders need to agree to the conversion?
The conversion requires a Special Resolution which needs 75% of votes cast to be in favour. So, while unanimous consent is not required, a significant majority is needed. Shareholders who do not agree can vote against the resolution but cannot block it if 75% are in favour. Dissenting shareholders remain shareholders of the now-Public Limited Company. There is no statutory buyback right for dissenting shareholders in this scenario.
What documents should I update after receiving the altered certificate?
Update: company letterheads, invoices, and stationery (name changes from Pvt Ltd to Ltd), company website (name, CIN, company type), bank accounts (name change), GST registration (name and CIN update), income tax records (name update on PAN), all contracts and agreements (for new engagements), registered office signage, and company rubber stamps. Also update any registrations with sector-specific regulators (FSSAI, RBI, SEBI, etc.).
What is the total cost of converting Pvt Ltd to Public Ltd?
The total cost typically ranges from 50,000 to 2,00,000 rupees depending on company size: government filing fees for INC-27, MGT-14, PAS-3, DIR-12 (5,000-15,000 rupees total), stamp duty on increased share capital if applicable, DSC and DIN for new directors (1,000-2,000 per person), professional fees for PCS compliance certificate (15,000-30,000 rupees), CS and CA advisory fees (20,000-75,000 rupees), and ongoing CS salary (if hiring full-time). Larger companies with complex structures pay more.
Need Help With This Process?
Our experts are ready to assist you every step of the way. Get started with a free consultation today!
