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Business Standard
27-06-2025
- Business
- Business Standard
How to Register a Private Limited Company in India: Step-by-Step Guide
New Delhi [India], June 27: India's startup ecosystem is booming, with over 1.61 million private companies registered as of FY 2024 and more than 185,000 new companies incorporated in 2023-24 alone. For entrepreneurs, registering as a private limited company (Pvt Ltd) is the gold standard for credibility, scalability, and investor confidence. In this step-by-step guide, we'll walk you through the entire Private limited company registration process in 2025 and show you how digital platforms like Razorpay Rize can make it easier. Why Register as a Private Limited Company? Limited Liability: Shareholders' personal assets are protected from business liabilities. Distinct Legal Identity: The company can own assets, enter into contracts, and continue operations regardless of ownership changes. Investor Readiness: Pvt Ltd status is preferred by venture capitalists and banks, easing access to funding. Market Reputation: Incorporated companies are seen as more credible by customers and partners. Expert Insight: 'Registering as a private limited company is a strategic move for founders looking to build trust with investors and scale quickly. It's a structure that balances compliance with flexibility.' A Startup Legal Advisor Key Stats: India's Company Registration Landscape 1.61 million private companies registered as of FY 2024, making up the vast majority of India's corporate sector. 185,312 new companies incorporated in 2023-24, with a collective paid-up capital of ₹30,927 crore. 96% of all registered companies in India are private limited companies, accounting for 38% of total paid-up capital. The business services sector leads in new company registrations, reflecting India's growing digital and service-driven economy. Step-by-Step Company Registration Process 1. Prepare Required Documents PAN and Aadhaar cards of all directors Passport-size photographs Proof of address (utility bill, bank statement) Proof of registered office (rent agreement/NOC) Digital Signature Certificate (DSC) for all directors 2. Obtain Digital Signature Certificate (DSC) All filings with the Ministry of Corporate Affairs (MCA) are digital. Apply for a DSC from a government-approved agency using your ID and address proof. 3. Reserve Your Company Name Choose a unique, compliant name and submit it via the SPICe+ Part A form. The MCA will approve your name if it meets the guidelines and isn't already in use. 4. File Incorporation Documents Complete the SPICe+ Part B form and attach: e-MOA (Memorandum of Association) e-AOA (Articles of Association) Proof of registered office Declarations and consent from directors 5. Pay Required Fees Fees depend on authorized capital and the state stamp duty. Payment is made online during the application process. 6. Verification and Certificate of Incorporation The Registrar of Companies (RoC) reviews your application. Once approved, you'll receive: Certificate of Incorporation (COI) Corporate Identification Number (CIN) PAN and TAN (auto-generated and emailed) 7. Open a Business Bank Account With your COI and PAN, open a current account in your company's name. 8. Post-Incorporation Compliance Hold your first board meeting within 30 days Appoint an auditor Issue share certificates Maintain statutory registers and file annual returns The Digital Advantage: How Razorpay Rize Simplifies Company Registration For many founders, the legal and administrative side of starting up can feel overwhelming. That's where digital-first solutions like Razorpay Rize come in, making company registration smooth, fast, and founder-friendly. Rize is designed to simplify incorporation. Whether you're setting up a Private Limited company, an LLP, or an OPC, Rize helps you get started with confidence. Seamless Company Registration : Rize simplifies the entire process from Digital Signature Certificates (DSC) to filing incorporation documents- all in one place. Intuitive Digital Platform : Track every step of your registration journey with a clear, user-friendly platform. Exclusive Razorpay Benefits : Get access to exclusive Razorpay offers and credits that support your startup journey from day one. Common Mistakes to Avoid Submitting outdated or incomplete documents Choosing a name that violates MCA guidelines Missing signatures or required declarations Ignoring post-registration compliance Timeline and Costs Timeline: 7–15 working days, depending on document readiness and MCA processing times. Costs: Government fees vary by state and authorized capital; professional or platform fees may apply. 2025 Outlook: India's Startup Momentum Despite a 6.5% dip in startup funding in 2024, India's entrepreneurial ecosystem remains resilient, with over $30.4 billion raised and several new unicorns emerging. The trend towards digital incorporation and early-stage investment is expected to continue, especially as AI, fintech, and clean tech sectors attract global attention.
Time of India
20-06-2025
- Business
- Time of India
HDB Financial Services sets IPO price band at Rs 700-740/ share
HDB Financial Services , a subsidiary of HDFC Bank , on Friday fixed a price band of Rs 700-740 per share for its Rs 12,500 crore Initial Public Offering (IPO). At the upper end of the price band, the company is valued at nearly Rs 61,400 crore. HDB Financial Services' maiden public issue will open for subscription on June 25 and conclude on June 27, while the bidding for the anchor investor will open for a day on June 24, the company announced. The IPO is a combination of a fresh issue of equity shares worth Rs 2,500 crore and an Offer For Sale (OFS) of Rs 10,000 crore by promoter HDFC Bank. At present, HDFC Bank holds a 94.36 per cent stake in HDB Financial Services, a non-banking financial company (NBFC) arm of the bank. The company proposes to utilise the proceeds from the fresh issue to strengthen its Tier-I capital base. This will support future capital needs, including additional lending, to support business growth. Live Events The decision to list HDB Financial Services follows the Reserve Bank of India 's mandate in October 2022, requiring NBFCs in the upper layer to list on the stock exchanges within three years. Last year, HDFC Bank's board approved a share sale worth Rs 12,500 crore, comprising Rs 10,000 crore OFS related to HDB Financial Services. After the proposed IPO, HDB Financial Services will continue to be a subsidiary of the bank, in compliance with the provisions of the applicable regulations. Half of the issue size has been reserved for qualified institutional buyers, 35 per cent for retail investors and the remaining 15 per cent for non-institutional investors. Further, investors can bid for 20 shares and in multiple thereof. A dozen book-running lead managers -- JM Financial , BNP Paribas , BofA Securities India, Goldman Sachs (India) Securities, HSBC Securities and Capital Markets (India) Pvt Ltd, IIFL Securities , Jefferies India, Morgan Stanley India Company, Motilal Oswal Investment Advisors, Nomura Financial Advisory and Securities (India) Pvt Ltd, Nuvama Wealth Management , and UBS Securities India-- are managing the company's IPO. The company is expected to list on the BSE and NSE on July 2. PTI
Time of India
21-05-2025
- Business
- Time of India
Clearance nixed without hearing us, Celebi tells HC
NEW DELHI: Turkiye-based Pvt Ltd submitted before Delhi HC Wednesday that withdrew the firm's without any prior notice or opportunity for a hearing, thereby disregarding the regulations governing the sector as well as the principles of natural justice. Tired of too many ads? go ad free now The company also insisted that its workforce was Indian, and offered to replace Turkish staff, if that was a concern. Govt had revoked the security clearance of Celebi, which handles operations at nine major airports in India, citing concerns over following 's support to Pakistan during Op Sindoor. Citing the Aircraft (Security) Rules-2023, senior advocate Mukul Rohatgi, who appeared for Celebi, argued before a bench of Justice Sachin Dutta that granting a hearing is a statutory requirement. Govt is not entitled to create exceptions to the rules it has made, he said. According to rule 12 of the Aircraft (Security) Rules, govt can suspend a company's security clearance for up to one year or cancel it entirely, after providing a hearing opportunity and documenting the reasons. This applies when national security or civil aviation security and interests are at risk, or when entities fail to comply with the security clearance conditions, programmes or rules. "You have to have reasons. Reasons to be recorded in writing rules out subjectivity," Rohatgi said, seeking transparency on Centre's decision. Cebelbi objected to govt submitting the grounds for revocation of clearance in a sealed envelope to the court. Centre Monday had said revealing the reasons could harm national interests. Centre will present its arguments Thursday.
Mint
21-05-2025
- Business
- Mint
Leela Hotels IPO: Price band declared at ₹413 to ₹435; GMP, size, other details in 10 points
Leela Hotels IPO: Brookfield-backed Schloss Bangalore, which operates "The Leela" brand of luxury hotels in India, has set the price band for its upcoming initial public offering (IPO) at ₹ 413 to ₹ 435 apiece. The IPO will open for subscription on May 26 and close on May 28. The Brookfield-supported luxury hospitality company reduced its IPO size by 30%, bringing it down to ₹ 3,500 crore from the originally planned ₹ 5,000 crore. Up to 75 per cent of the total public issue is allocated for qualified institutional buyers, with up to 60 per cent of that portion—amounting to ₹ 1,575 crore—earmarked for anchor investors. Additionally, 15 per cent of the issue is reserved for non-institutional investors, while the remaining 10 per cent is allocated to retail investors. Schloss Bangalore, established in 2019, ranks as one of India's leading luxury hospitality companies by room count. As of May 2024, it manages 12 properties offering a total of 3,382 rooms under The Leela Palaces, Hotels, and Resorts brand. Leela Hotels IPO date: The IPO opens for subscription on May 26, 2025 and closes on May 28, 2025. Leela Hotels IPO price band: The price band for the upcoming IPO has been set at ₹ 413 to ₹ 435 per share. Leela Hotels IPO size: The IPO is a bookbuilding of ₹ 3,500 crore. The issue is a combination of fresh issue of 5.75 crore shares aggregating to ₹ 2,500 crores and offer for sale of 2.30 crore shares aggregating to ₹ 1,000 crore. Leela Hotels IPO lot size: The minimum lot size for an application is 34. The minimum amount of investment required by retail investors is ₹ 14,042. Leela Hotels IPO promoter holding: Project Ballet Bangalore Holdings (DIFC) Pvt Ltd, BSREP III Joy (Two) Holdings (DIFC) Limited, BSREP III Tadoba Holdings (DIFC) Pvt Ltd, Project Ballet Chennai Holdings (DIFC) Pvt Ltd, Project Ballet Gandhinagar Holdings (DIFC) Pvt Ltd, Project Ballet HMA Holdings (DIFC) Pvt Ltd and Project Ballet Udaipur Holdings (DIFC) Pvt Ltd are the company promoters. Leela Hotels IPO allotment date: The allotment for the IPO is expected to be finalised on Thursday, May 29. Leela Hotels IPO listing date: The shares of Leela Hotels will be listed on BSE, NSE, with a tentative listing date fixed as Monday, June 2. Leela Hotels IPO book-running managers: Jm Financial Limited, Bofa Securities India Limited, Morgan Stanley India Company Pvt Ltd, J.P. Morgan India Private Limited, Kotak Mahindra Capital Company Limited, Axis Capital Limited, Citigroup Global Markets India Private Limited, IIFL Securities Ltd, Motilal Oswal Investment Advisors Limited, SBI Capital Markets Limited are the book running lead managers of the Leela Hotels IPO. Leela Hotels IPO registrar: Kfin Technologies Limited is the registrar for the issue. Leela Hotels IPO GMP: The shares of Leela Hotels IPO are currently trading at a premium of ₹ 18 in the grey market.
