Private Limited to Public Limited Company
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Private Limited to Public Limited Company
Incase You are planning to convert your Private Limited to Public Limited Company or even confused between choosing the right body corporate between a Private Limited and a Public Limited Company, we have listed below a basic comparison between the two.
| Parameters | Public limited company | Private limited company |
|---|---|---|
| Number of Members | Minimum 7 and maximum unlimited members | Minimum 2 and maximum 200 members |
| Number of directors | Minimum 7 directors | Minimum 2 directors |
| Capital | Minimum Rs.. Five lakhs | Minimum Rs.. One lakhs |
| Issue of shares | Yes | only to the members of the company |
| Issue of prospectus | Yes | No |
| Minimum members in AGM | 5 Members | 2 Members |
| Term Used | Limited | Private Limited |
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