Conversion of a Private Limited Company to a Public Limited Company is the legal process of changing a company’s status under the Companies Act 2013. This involves passing a special resolution, amending the MOA and AOA, increasing the minimum directors to 3 and shareholders to 7, and filing Forms MGT-14 and INC-27 with the Registrar of Companies. The conversion of Private Limited Company to Public Limited does not affect existing contracts, licences, or registrations — the company retains its legal identity throughout.

To convert a Private Limited Company to a Public Limited Company, you need a minimum of 7 shareholders (up from 2), a minimum of 3 directors (up from 2), a special resolution passed by shareholders with at least 75% approval, and amended MOA and AOA removing Private Limited restrictions. The company must also file Form MGT-14 and Form INC-27 with the Registrar of Companies to complete the conversion.

The two key forms required are Form MGT-14 (filing the special resolution passed by shareholders approving the conversion) and Form INC-27 (the actual application for conversion of status, filed with supporting documents including amended MOA, AOA, and board resolution). Both forms are filed with the Registrar of Companies through the MCA portal. Tax Robo prepares and files both forms on your behalf.

The conversion of a Private Limited Company to a Public Limited Company typically takes 20–30 working days from document submission. This includes board resolution and MOA/AOA amendment (3–5 days), filing Form MGT-14 and INC-27 with ROC (5–7 days), and ROC processing and issuance of new Certificate of Incorporation (10–15 days). Tax Robo manages the entire timeline for you.

The main reasons to convert a Private Limited Company to Public Limited include the ability to raise funds from the public through an IPO or FPO, the ability to list shares on BSE or NSE, removing the 200-shareholder cap, and accessing a much larger investor base with enhanced business credibility. Conversion is recommended when your company is ready to scale significantly and needs public capital to fund growth.

No. Conversion of a Private Limited Company to a Public Limited Company does not affect existing contracts, licences, GST registration, bank accounts, or business relationships. The company retains its CIN with a minor modification, and all prior obligations remain legally valid. However, GST, PAN, and bank account records must be updated to reflect the new company name and status. Tax Robo handles all post-conversion updates for you.

Most Private Limited Companies can convert to Public Limited, provided they can meet the minimum requirements — at least 7 shareholders, 3 directors, and shareholder approval through a special resolution. There is no restriction based on turnover or sector for standard conversion. However, if the company plans to list on a stock exchange (IPO), it must additionally meet SEBI’s eligibility criteria for public listing, which Tax Robo can advise on separately.

A Private Limited Company restricts share transfers, caps shareholders at 200, and cannot invite the public to subscribe to shares. A Public Limited Company allows free transfer of shares, has no shareholder limit, and can raise capital from the public through an IPO or FPO, with the option to list on a stock exchange like BSE or NSE. Public Limited Companies also have stricter compliance requirements, including quarterly board meetings

After conversion, a Public Limited Company must hold at least 4 board meetings a year, hold an Annual General Meeting within 6 months of the financial year end, file Form AOC-4 and Form MGT-7 with the Registrar of Companies annually, and file ITR-6 with the Income Tax Department at https://www.incometax.gov.in . A statutory audit by a Chartered Accountant is mandatory every year regardless of turnover.

Yes. While the standard conversion package covers ROC filings and company law compliance, Tax Robo’s Prime plan includes SEBI Pre-IPO Advisory to guide you through the additional requirements for listing on a stock exchange, including eligibility criteria and pre-IPO documentation. See https://www.sebi.gov.in  for SEBI’s public listing guidelines.