IPO & Corporate Registry

Tips on Leading the Registrars in the IPO & Corporate Registry Domain

When registrars aim at acquiring, diversifying, and expanding possibilities, they need to raise capital. These companies might also require finances to work capital or retire the old debt.

What these companies can do is either offer an opportunity to dilute holdings or give shareholders a chance to exit the shareholding fully or partially. However, in any of these aforementioned cases, the company requires raising the capital by making public offerings. This is where IPO comes into the forefront. Contact link intime india private limited for further details.

An Introduction to IPO

When the registrar (which isn’t at stock market exchanges) makes an offer for sale or a unique issue of shares to the public for the very first time, it’s better called the IPO. It’s an offer for the share sale exclusively for new investors to enter the shareholding industry.

IPO serves as an invitation offer precursor to the contract. It must meet the specific requirements under Section 11 of the Indian Contract Act of 1871. One of the Indian companies which are in the business of providing Securities Market Services is Link intime India Private Limited. Link intime india private limited is based out of the Mumbai city in Maharashtra. Link intime falls under the category of Private unlisted company as per MCA. 


Tips To Apply For IPO & Corporate Registry Domain

Ever since 1992, with the establishment of SEBI (Securities and Exchange Board of India), the main motto was to protect investors’ interests in securities and promote and regulate the market of securities.

The Minimum Net Worth

The professionals at link intime India pvt ltd know that the unlisted company can only become eligible for the public issue when the company’s pre-issue worth is more than one crore in the past three years out of five years in total. The registrar must previously have distributable profits for three years out of the five years.

Some Must-Do Things:

  1. The members of shareholders of the public limited company must bear limited liability. It implies that when the company incurs losses in any circumstance, the shareholders are liable for paying the debts.
  2. There must be a total of seven members who can establish a public company. No limit is there concerning the maximum number of members.
  3. The company name must be added as ‘Ltd’ in the suffix. And this is valid for every name of public limited companies.
  4. The public limited company should always have paid-up capital of a minimum INR of 5,00,000 or even higher than this.
  5. PLCs happen to be entirely separate legal entities from the members. The public limited companies keep on existing in the eyes of laws regardless of bankruptcy, death, insolvency, insanity, and other issues. It results in perpetual successions of the company!

Required Documents for PLC

For public LTD companies, documentations happen to play an integral role in the process of registration. Thus, companies would require these documents for PLCs certification.

  • Two passport photographs of the Directors
  • ID proofs of shareholders and directors
  • PAN Card of shareholders and directors
  • Residential proof of proposed office location (Utility Bill, Water Bill, Rental Agreement, and more)
  • NOC from the landlord of the office
  • DSC and DIN of the directors
  • MOA or Memorandum of Association and AOA or Article of Association

Final Note

Thus, switching over to the IPO & Corporate Registry domain and making the Public company LTD is undoubtedly efficient for the business.