Q. What is the minimum capital requirement for Public Limited Company in India?

By Paras Mehra 10 Feb 2017

There is no minimum capital requirement for public limited company incorporation in India. Earlier, it was 5 lakh, however to provide ease of doing business in India, the requirement of minimum capital for Public company is withdrawn.

Q. Can procedure for public limited company registration be done totally online?

By Paras Mehra 10 Feb 2017

Yes, the company can be incorporated online and you don’t need to be present in person. We take care of all the formalities with ease. Hubco.in is a brand in company registration in India.

Q. Can a NRI/Foreign national incorporate a Public limited company? and can he hold directorship under limited company?

By Paras Mehra 10 Feb 2017

Yes, NRI and foreign National can incorporate a public limited company in India without even coming to India. As per the law, all the documents needs to be notarized or apostle from the public notary or Indian embassy of the foreign Country.Further, NRI and foreign national can also become director in the company.

Q. What are statutory compliances of Public Limited Company?

By Paras Mehra 10 Feb 2017

There are various statutory compliances prescribed for Public Limited Company in India. Here are glimpse of some of the compliances: • Have to conduct at least 4 board meeting during the year,Have to file AGM every year and do the respective filing like MGT 7, AOC 4 etc.,Have to go through an yearly mandatory audit.

Q. How long does it take to register a public limited company in India?

By Paras Mehra 10 Feb 2017

With Hubco.in, it takes around 10 to 15 days to register the Company. Further, in case you need a quick registration, you need to provide us the documents on time or as early as possible.

Q. How can a public company raise funding from general public?

By Paras Mehra 10 Feb 2017

Public limited companies is the only class of company which is allowed to raise funds from the general public. The process of listing a company and raising the funds from public by making offer is known as Initial Public Offer (IPO). IPO is the process through which shares are offered by the companies to raise funds.

Q. What do you mean by listed company?

By Paras Mehra 10 Feb 2017

Any company who wants to raise funds through general public, first have to get themselves listed on any recognized stock exchange. Any company which is being recognized or listed on any stock exchange, is known as listed Company. Like Infosys, Tata, ICICI Bank etc.

Q. What is the difference between a listed company and a public limited company?

By Paras Mehra 10 Feb 2017

The difference between listed company and public company is very simple. A public company when go to public to raise capital, it had to get registered with stock exchange and once it is registered, then it is also known as listed company.