Definition and meaning. A public company is a business whose shares can be freely traded on a stock exchange or over-the-counter. Also known as a publicly traded company, publicly held company, or public corporation.

Public Company. In simple terms, a public company is a company whose shares can be subscribed by members of the public. As per the Companies Act, 2013 a public company is. A company that is not a private company; Has a minimum of seven members, no maximum limit is mentioned; Has a minimum paid-up capital of five lacs, again there is no maximum limit

Advantages of Public Limited Company. A public limited company is a form of business organization that operates as a separate legal entity from its owners. It is formed and owned by shareholders. Shares of a public limited company are listed …

Public limited company definition. A public limited company is a business that is managed by directors and owned by shareholders. A public limited company can offer shares to the public. There are also other obligations that a PLC must meet due to being public, including further admin regarding tax, and making their financial reports public so would-be shareholders have all the …

In many ways, a public limited company is similar to a private limited company. You’ll still be required to register with Companies House and your personal liability is limited. The main characteristic and advantage of a public limited company is that you can raise capital through external investors, in essence, offering shares in your company to the public.