REGISTRATION

Private company to public company conversion

- Work handled by professionals
-Conversion of Private Limited to Public Limited Company
- Completely online process
- Get your conversion at an affordable cost

Register

Private company to public company conversion

inner choose imgConversion of private company into public company is a very cumbersome process as it not only involves alterations in MOA and AOA and dealing with all creditors of the company but also liasoning with various government authorities. If the existing private company is having less number of member and directors as required in public company, then it has to be taken care of before filing the conversion application. The authority will grant the approval of conversion after satisfying itself that the Company has complied with the requisite provisions for registration of company. If so satisfied, ROC shall cancel the former registration of company and issue fresh certificate of incorporation.

The primary reason for going with such conversion is expansion and diversification of existing company’s business or the company craves for seed funding and want to bring a Initial Public Offer (IPO) after getting itself listed in the stock exchange. Conversion of private to public company takes place with the prior approval of Registrar of Companies (ROC) of the state in which the company registered office is situated.

At Unilex Consultants we provide you a hassle free Conversion of private company into public company which would be dealt by our experienced advocates within a time frame. Our team takes care of the documentation and steps for conversion of private company into public company.

Advantages of converting Pvt ltd to public ltd

Closing Private Limited Company

 

  1. Quick Share Transfer – Shareholders of a public limited company can transfer their shares with great ease.
  2. Raise Capital – The advantage of the public limited structure is that you can leverage it to raise capital from the general public through shares.
  3. Greater Credibility – Public limited Company has greater credibility than any other form of entity.

Documentation for converting firm to Company

Last ITR of firm

Last year financials of firm

KYC of proposed Directors

Utility bill of address of company

OPC Compliance

Process for converting proprietorship firm to Company

Minimum Requirements for Conversion of Company

  • Minimum 7 Shareholder/Member
  • Minimum 3 Directors (At least 1 of the Director shall be an Indian Resident)
  • DIN of Directors
  • DSC of Directors/Shareholders
  • No E-Forms should be pending for payment or processing in respect of the company
  • Company should not have defaulted in filing balance sheet and annual return and payment of deposits/debentures/interest
  • Consent from members/shareholders and creditors (if any)

What Are the Post Conversion Requirements?

  • Applying for a fresh PAN card is necessary
  • Updating business letterheads and related stationery with the company’s new name is required
  • The company’s bank account details must be updated
  • Notification should be provided to tax authorities and relevant parties about the conversion to a public limited company
  • Promptly produce printed copies of the new MOA and AOA
FAQ

Frequently Asked Questions

Yes, you need a minimum of three Directors for a public limited company. If you are sole owner, you can register as a One Person Company.

The entire procedure is 100% online and you don’t have to be present at our office or any other office for conversion. A scanned copy of documents has to be sent via mail.

A Public Limited Company must hold a Board Meeting at least once in every 3 months. In addition to the Board Meetings, an Annual General Meeting must be conducted by the Public Limited Company, at least once every year.

Yes, it is the discretion of the authority whether to allow or disallow the conversion. All the prior abovementioned conditions needed to be fulfilled before conversion.

Actually, the shareholders are the owners of a public limited company, but they vote and elect a board of directors who have the power to manage and control the company on behalf of the business.

  • +

    Satisfied Enterprenuers

  • +

    Team
    Strength

  • yrs+

    Professional experience

Our Testimonials

What our awesome customers say

Quote Icon

I have registered my PVT LTD company and Trade MARK through UNILEX, had a smooth process and also their price are very reasonable across the industry. Great Work Guys.......

Tushar Rajput

Director, WEORIGINAL FASHIONS (OPC) PRIVATE LIMITED
Quote Icon

Very professional and committed people for every legal and secretarial services.

Gyanendra Prakash Pandey

Director, PEHAL EK KOSHISH FOUNDATION (S)PC) Pvt
Quote Icon

Very prompt and dedicated person. Helped a lot throughout the process and ensured things got done in time. Strong recommendation from us.

Sunil Rangappa

Director, SULOSHI HYDRAULICS AND MANUFACTURING SOLUTIONS PRIVATE LIMITED
Quote Icon

Excellent service and prompt response. Good in communication and keeps proactively updating the status."

Navnit kachalia

Chairman, NAVNIT GROUP OF COMPANIES
Quote Icon

"Really happy to work with professionals, very dedicated and experienced. Good support in GST."

Govind Yadav

Designated partner, BHAVYA LEGAL LIP
Quote Icon

Truly happy with the service as we will be busy with our other works and you people make our requirements fulfilled without trouble. I am satisfied with good service and follow up by team.

Sudhir Budhrani

MANAGING DIRECTOR, SUDHIR LIFE SCIENCES PVT. LTD. INDORE
Call For More Info +91-8375019506

Let’s Request a Schedule For Free Consultation

Why Choose Unilex

Image

MSME Registration

Unilex is registered with the Ministry of Micro, Small & Medium Enterprises (MSME), a part of Government of India.

Image

ISO Registration

Unilex is a ISO certified body, assuring the quality professional services to aspiring startups

Image

Money Back Guarantee

Subject to our terms and conditions, money back is guaranteed if we failed to give 100% customer satisfaction

Image

Google Partner

Unilex is a Google Partner. Google Partners are tasked with helping businesses market their service or products online.

GET IN TOUCH

We Are Connected To Help
Your Business!

Ever find yourself staring at your computer screen a good consulting slogan to come to mind? Oftentimes.

Connect with us