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OPC to Private Limited

OPC to Private Limited Company

When an OPC starts scaling, bringing in new shareholders or expanding operations becomes difficult under its single-owner structure. Converting it into a Private Limited Company opens up opportunities—multiple directors, equity investment, better banking relationships and a more credible corporate identity. The process involves approvals, filings and careful transition of assets, contracts and registrations to ensure the business continues without disruption.

What We Assist With

• Eligibility check and guidance on the right conversion method
• Drafting Board and shareholder approvals
• Filing necessary forms with MCA (INC-6 and others)
• Updating MOA and AOA to reflect the new shareholding structure
• Transfer of licenses, registrations and bank updates
• Setting up statutory registers for the new company setup
• Post-conversion compliance and advisory on share allotment, onboarding directors and ROC filings

Why Companies Choose to Convert

• Ability to bring in shareholders and investors
• Wider management structure with more directors
• Stronger credibility with banks, vendors and customers
• Better suited for growth, funding and long-term expansion
• More flexibility in issuing shares and raising capital

Frequently Asked Questions

An OPC can convert voluntarily anytime, or mandatorily when it crosses prescribed turnover or capital thresholds. Most businesses choose voluntary conversion for growth and funding needs.

 

A Private Limited Company must have at least two shareholders and two directors. The existing OPC member becomes one of them.

 

No. It’s a conversion process. The existing OPC continues as a Private Limited Company with updated documents and structure.

 

 

The main form is INC-6 along with revised MOA, AOA and supporting documents. In some cases, INC-5 is needed for mandatory conversion.

 

Yes. PAN, GST, bank accounts, MSME, Shops Act and other registrations must be updated to reflect the new company name and structure.