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Converting a company from private to public changes its legal structure, ownership flexibility, and compliance responsibilities. The company moves from a closely held business model to a structure that can support more shareholders, larger capital plans, and wider business participation.
During the private to public limited company conversion, private company restrictions are removed from the Articles of Association, including limits on share transfer and the number of members.
After ROC approval, the company name changes from “Private Limited” to “Limited.” Conversion does not automatically mean IPO or stock exchange listing; IPO is a separate process with separate approvals and regulatory requirements.
The conversion works best when every approval, document, and ROC filing is handled in the right order.
Review director/shareholder count, ROC filings, financials, and statutory registers.
Board approves the conversion proposal, fixes EGM date, and authorises filings.
Send EGM notice with agenda and explanatory statement to shareholders.
Shareholders approve conversion and the altered MOA and AOA at the EGM.
Remove private restrictions and change suffix from 'Private Limited' to 'Limited'.
File MGT-14 with ROC for the special resolution along with attachments.
File INC-27 as the main conversion application with altered MOA, AOA, and resolutions.
ROC reviews the application; once correct, it moves toward final approval.
ROC issues a fresh Certificate of Incorporation reflecting public limited status.
Finguru has been instrumental in our journey to establish a presence in India. From navigating complex regulatory requirements to setting up our payroll and taxation framework, their expertise and proactive support have been invaluable. Highly recommend their services to any company looking to enter or expand in the Indian market.
“We are delighted with the professional services provided by Finguru. Their team helped us seamlessly incorporate our business in India and continues to offer exceptional support in HR management, compliance, and accounting. Their deep understanding of local laws and dedication to client success make them a trusted partner for our operations in India
“Choosing Finguru was one of the best decisions we made for our business expansion into India. Their commitment to excellence and personalized approach to handling our financial and regulatory needs have exceeded our expectations. We appreciate their responsiveness and expertise in ensuring our compliance and operational efficiency.
One Solution Group
“I had the pleasure of working with Finguru for the incorporation of our company, One Solution Group in India. Their professionalism, expertise, and attention to detail made the entire Indian subsidiary registration process smooth and hassle-free. Special thanks to Dhwani Talati, Shaili Mehta, Pooja Pratap, and the entire Finguru team. I highly recommend Finguru for exceptional corporate services and ongoing support in India.
“If you’re looking to set up a subsidiary company in India, Finguru is the team to trust. Dhwani, Pooja, and the entire staff were extremely helpful guiding me through company formation and post-setup compliance for foreign partners. Their expertise in foreign subsidiary company registration and business structuring is unmatched.”
“A very dedicated team helping navigate finance, company registration, legal compliance, and more in India. Thanks for your ongoing support!”
“A very dedicated team helping navigate finance, company registration, legal compliance, and more in India. Thanks for your ongoing support!”
“If you’re looking to set up a subsidiary company in India, Finguru is the team to trust. Dhwani, Pooja, and the entire staff were extremely helpful guiding me through company formation and post-setup compliance for foreign partners. Their expertise in foreign subsidiary company registration and business structuring is unmatched.”
One Solution Group
“I had the pleasure of working with Finguru for the incorporation of our company, One Solution Group in India. Their professionalism, expertise, and attention to detail made the entire Indian subsidiary registration process smooth and hassle-free. Special thanks to Dhwani Talati, Shaili Mehta, Pooja Pratap, and the entire Finguru team. I highly recommend Finguru for exceptional corporate services and ongoing support in India.
“Choosing Finguru was one of the best decisions we made for our business expansion into India. Their commitment to excellence and personalized approach to handling our financial and regulatory needs have exceeded our expectations. We appreciate their responsiveness and expertise in ensuring our compliance and operational efficiency.
“We are delighted with the professional services provided by Finguru. Their team helped us seamlessly incorporate our business in India and continues to offer exceptional support in HR management, compliance, and accounting. Their deep understanding of local laws and dedication to client success make them a trusted partner for our operations in India
Finguru has been instrumental in our journey to establish a presence in India. From navigating complex regulatory requirements to setting up our payroll and taxation framework, their expertise and proactive support have been invaluable. Highly recommend their services to any company looking to enter or expand in the Indian market.
