🏁 1. Introduction
Transitioning from a Private Limited Company to a Public Limited Company is a major milestone for businesses looking to raise capital, expand reach, or eventually go public through an IPO. This shift requires strict compliance with the Companies Act, 2013 and involves detailed ROC filing.
In this article, we cover the entire step-by-step conversion process, latest MCA updates, required documents, cost, and expert insights.
📢 2024 MCA Update: New e-Form INC-27 and Form MGT-14 filing processes updated with digital verification measures.
🧾 2. Types of Licenses/Approvals Required
To convert into a Public Limited Company, the following statutory filings are essential:
- ✅ Board & Shareholders’ Resolution
- 📂 Filing of MGT-14 (for special resolution)
- 📁 Filing of INC-27 (conversion form)
- 📜 Alteration of MOA & AOA
- 🏛️ Approval from Registrar of Companies (ROC)
- 🌐 Official MCA Website 🏛️
👤 3. Who Needs These Services?
This conversion is ideal for:
- 📊 Companies aiming to raise capital from the public
- 🏢 Businesses planning a future IPO
- 💼 Private firms scaling to pan-India/global operations
- 🧑💼 Startups seeking institutional investors
🎯 4. Why Choose a License Registration Service Provider?
A professional can:
- 🧠 Draft proper resolutions & altered MOA/AOA
- 🧾 Handle MGT-14 and INC-27 filing correctly
- 💼 Ensure post-conversion compliance
- ⏱️ Speed up ROC approval and name update
- 🧍 Personalized support during legal formalities
🛠️ 5. Registration Process
🔹 Step 1: Board Meeting
Pass resolution for conversion into a Public Limited Company.
🔹 Step 2: Shareholder EGM
Hold EGM and pass a special resolution.
🔹 Step 3: File MGT-14
Submit special resolution to ROC within 30 days.
🔹 Step 4: Amend MOA & AOA
Update clauses to suit a Public Limited Company.
🔹 Step 5: File INC-27
Application for conversion of company type.
🔹 Step 6: ROC Approval
On approval, new Certificate of Incorporation issued as a Public Ltd Company.
📑 6. Required Documents
- 🧾 Copy of Board Resolution
- 🗂️ Special Resolution passed in EGM
- 📝 Altered MOA & AOA
- 🪪 PAN, Aadhaar, DIN of all directors
- 📜 List of proposed directors/shareholders
- 🖋️ DSC of authorized signatory
💰 7. Cost Involved
Service | Estimated Cost |
Legal Drafting & Resolutions | ₹4,000 – ₹10,000 |
ROC Filing Fees (MGT-14, INC-27) | ₹3,000 – ₹5,000 |
DSC / PAN / Notary (if needed) | ₹1,000 – ₹2,000 |
Total | ₹8,000 – ₹17,000 |
⏱️ 8. Time Taken
Task | Duration |
Document Prep & Board Resolutions | 2–3 Days |
ROC Filing & Approval | 5–7 Working Days |
Final Conversion & COI Issuance | 10–12 Days Total |
❌ 9. Common Mistakes to Avoid
- ❌ Filing MGT-14 late after EGM
- ❌ Not updating MOA & AOA properly
- ❌ Invalid DSC during INC-27 upload
- ❌ Forgetting to notify banks & tax authorities
- ❌ Missing shareholder or board approval
📞 10. Call-to-Action (CTA)
🚀 Ready to become a Public Limited Company?
📧 Email: opriyatrendingpvtltd@gmail.com
📱 WhatsApp: +91 7588756518
🌐 Visit: www.opriyatrending.in
Let us handle the legalities while you focus on scaling your business!
❓ 11. FAQs
Q1: Can any Private Limited Company convert into a Public Limited Company?
✅ Yes, provided it has at least 7 shareholders and 3 directors.
Q2: Do I need to increase paid-up capital before conversion?
Not mandatory, but advisable to align with Public Company norms (₹5 lakh+ paid-up capital).
Q3: Is DIN/DSC required for all directors?
Yes, all directors must have valid DIN & DSC.
Q4: How do I update GST, PAN, and Bank accounts post-conversion?
After receiving the new COI, apply for amendments in GST, PAN, bank KYC, etc.
Q5: Where do I apply for conversion?
On the official MCA website: www.mca.gov.in 🏛️