Public Limited company is a company which has more than 7 members and 3 directors,and the same has incorporated as public limited company under companies Act 2013 with Ministry of Corporate Affairs.Public limited company provides it members the benefit of limited liability.Public limited company allows the company to raise investment from larger public and transfer of shares.

Public limited company are allowed to list its share on recognised stock exchange.Public limited companies is not having any limit on the maximum number of members.Public limited company enjoys all the benefit of Private Limited plus some other advantages in raising of capital, Number of Shares, Transferability of shares.