The conversion of a Private Limited Company to a Public Limited one is simple yet time consuming. Be prepared to wait for at least 30 to 35 days for the completion of the process. Steps to go Public are the following-
- The Articles of Association needs to be altered
- The word “Private” from the company name should be deleted through the process stated
- You must have at least three Directors, seven Share Holders and Rs 5 Lakh worth paid up capital, there may or may not be certain charges
Going Public can help you in raising more capital from various sources and the transfer of shares is easy. You will have greater credibility in the market.
How we help
We will help you remove the word “Private” from the company name and also alter the Articles of Association. Everything that is required will be fulfilled by our experts.