Transforming a Private Limited Company into a Public Limited Company
- Cost-Effective Pricing
- Complimentary Lifetime Advisory Sessions
- Digital Signatures and Director Identification Numbers (DIN) for Directors
- Name Search Approval
- Limited Liability Partnership (LLP) Agreement
- Corporate PAN Card
Process for Registering a Company
Fill the Pvt . Ltd Company Application Form
Fill out the Application Form for Partnership Firm Conversion in its entirety.
Complete an Online Transaction.
Submit the Relevant Documents.
Our executive will oversee the application process for converting the partnership firm.
We will dispatch a Certificate of Incorporation to you by mail.
Our consultant will discuss the issue over a 24X7 helpline .
Procedure for Converting from Private to Public Company
Fill out the Application Form for Partnership Firm Conversion in its entirety.
Fill out the Application Form for Partnership Firm Conversion in its entirety.
Complete an Online Transaction.
Submit the Relevant Documents.
Our executive will oversee the application process for converting the partnership firm.
We will dispatch a Certificate of Incorporation to you by mail.
Our consultant will discuss the issue over a 24X7 helpline .
Conversion from a Private Limited Company to a Public Limited Company
Private limited companies offer unique advantages but often aspire to transition to a public status to enhance scalability. This transition entails the concept of an Initial Public Offering (IPO), opening up shares to the general public, a practice that is common among both private and public limited companies. Private limited firms typically have restrictions on share transferability, which are eliminated through an IPO.
The primary advantage of becoming a public company lies in its ability to raise substantial capital on a large scale, reducing reliance on debt and the banking system. This contrasts with privately-owned companies where all capital is typically sourced from existing members, shareholders, and promoters. Going public also spreads risk among shareholders. Public companies with listed shares on stock exchanges benefit from increased exposure and promotion.
Hence, the shift from private to public status is often driven by growth and increased flexibility. To leverage the advantages of converting a Private Limited Company to a Public Limited Company, reach out to Yourlawyer.
Required Documents for Conversion
- A photocopy of the PAN card for each prospective partner.
- Indian citizens can provide valid address or identity proof, not older than two months, using documents such as passports, election cards, voter identity cards, ration cards, driving licenses, or Aadhaar cards.
- The Partner's Proof of Ownership should consist of utility bills, such as electricity, telephone, gas, mobile, or any other company location-related bills, which should not be older than two months.
- To obtain a Digital Signature Certificate, two recent passport-sized photographs are necessary.
- All directors and members are required to submit their latest bank statements, which should not be more than two months old.
- If a rental agreement or property papers are requested, a copy of address proof is mandatory.
Essential Criteria for Transitioning from a Private Limited to a Public Limited Company
- Punctual submission of income tax returns.
- Approval of the proposed LLP conversion by all creditors is mandatory.
- At least two partners are mandatory, with a minimum requirement that one of them must be a resident of India.
- DPIN & DSC for all Partners.