Conversion of Private Limited Company into Public Limited Company is favourable for medium to large sized and capital-intensive business that have larger capital requirement as it allows public investment to be raised easily and there is no limit on maximum number of members/shareholders. Public limited company can easily raise money from general public through IPO/FPO, debentures, deposits etc. and its shares can be listed and traded on a Stock Exchange in India. A Private Limited Company registered in India may convert itself into Public Limited Company by increasing the shareholder count to 7 (seven) and directors count to 3 (three) and by following the provisions of the Companies Act 2013. Therefore, nowadays, many Private Limited Companies are converting into a Public Limited Company in order to list on stock exchange and expand business.