What Is Public Limited Company
Business owners with ambitious plans like constructing a new IT infrastructure or manufacturing facility may consider becoming a Public Limited Enterprise or PLC. Most modern business owners prefer a Private Limited Company structure to a Public Limited Enterprise. But it should be taken into account if someone is genuinely planning something significant and wants to raise funds from the public by offering them shares in exchange. In that circumstance, forming a PLC as the business entity of choice is the best course of action. If you’re a small or medium-sized business looking to acquire equity money from the public, forming a public limited Enterprise is your best option because it gives you all the protections afforded by a corporation with limited liability.
Benefits of Public Limited?
Public Limited Companies offer several distinct advantages that make them an appealing choice for businesses seeking substantial growth, access to capital, and a strong market presence. One of the primary benefits is the ability to raise substantial capital by issuing shares to the public, which can be crucial for ambitious expansion plans. Public Limited Companies enjoy a higher level of credibility and trust among investors, customers, and partners due to stringent regulatory requirements and transparency standards. This can enhance the company's ability to attract investments and secure valuable partnerships. Additionally, public listing provides liquidity to shareholders, allowing them to buy and sell shares on stock exchanges, providing an exit option for investors. Moreover, the company's shares being traded publicly can increase its valuation and visibility, which can be advantageous in mergers, acquisitions, and collaborations. While the regulatory compliance is more extensive, these requirements also foster corporate governance and accountability, which can lead to long-term sustainability and success in the competitive business landscape
Document Required
- PAN card or passport
- Rental agreement / Sale deed / NOC
- Address proof of directors - Aadhar card/ voter’s ID/ Passport/ Driving license
- Latest Bank Statement/ Telephone Bill/ Mobile Bill/ electricity bill/ gas bill
- Company Name (Minimum 3)
- Object of Company
- Shareholding of Each Director
- Passport-sized photograph
- Blank document with specimen signature.
- Education Qualification
- Birth Palace
- Mobile No & Email ID