The process of converting a Private Limited Company into a Public Limited Company, enabling it to raise capital from the public and list on stock exchanges.
Growing private companies planning to raise public capital, increase shareholder base, or pursue an IPO.
Ministry of Corporate Affairs (MCA), Companies Act 2013
Special resolution passed by shareholders; altered MOA & AOA; minimum director/shareholder compliance proof; financial statements; NOC from creditors (if applicable).
A minimum of 3 directors and 7 shareholders is required.
Yes, the special resolution and altered documents must be filed with and approved by the Registrar of Companies.