Contents Introduction 1 Reasons of Converting Start up business to Public Limited Company 1 Process of Converting Start up business to Public Limited Company 1 Legal Requirements for Formation of Public Limited Company 2 Prospectus 2 Contents of Prospectus 2 Initial Public Offering (IPO) 3 How to get the permission of IPO 3 Restrictions & rules of IPO face value 4 Prospect of Book Building Method 4 The Prospect of Dutch auction method 4 Conclusion 5 References: 6

Introduction
A startup company or startup is organization formed to search for a repeatable and scalable business model. These companies are usually small in size. These companies, generally newly created, are in a phase of development and research for markets.
Paul Graham says that "A startup is a company designed to grow fast. Being newly founded does not in itself make a company a startup. Nor is it necessary for a startup to work on technology, or take venture funding, or have some sort of "exit." The only essential thing is growth. Everything else we associate with startups follows from growth."
A public limited company is a company which offers equity shares with limited liability to public investors on a registered exchange.

Reasons of Converting Start up business to Public Limited Company Going public raises cash, and usually a lot of it. Being publicly traded also opens many financial doors: * Because of the increased scrutiny, public companies can usually get better rates when they issue debt. * As long as there is market demand, a public company can always issue more stock. Thus, mergers and acquisitions are easier to do because stock can be issued as part of the deal. * Trading in the open markets means liquidity. This makes it possible to implement things like employee stock ownership plans, which help to attract top talent.

Being on a major stock exchange