Allotment of Shares

What is Allotment of Shares

Issue and allot new shares to existing or new shareholders. Complete PAS-3 filing and documentation.

What is Included:

• Share Allotment Resolution
• PAS-3 Filing
• Share Certificates
• Register Updates
• Stamp Duty

What's Included:

• Resolution
• PAS-3
• Certificates
• Register
• Stamp Duty

Process for Allotment of Shares

Company Registration in India will boost the progress of startups and provide an additional edge over those who have not registered. The Ministry of Corporate Affairs governs the company registration process with rules and regulations framed in accordance with the law.

Documents Required For Allotment of Shares

1. Board resolution
2. Share application forms
3. Payment proof
4. Allottee PAN/Aadhaar
5. Memorandum and Articles
6. Form PAS-3
7. Valuation report (if required)
8. Previous returns

Benefits Of Allotment of Shares

1. Legal share issuance
2. Capital infusion
3. Investor onboarding
4. Compliance with Companies Act
5. Proper documentation
6. Clear title to shares
7. Statutory register update
8. Due diligence ready

Checklist/Minimum requirement

1. Minimum 2 Shareholders
2. Minimum 2 Directors
3. The directors and shareholders can be the same person
4. One of the Directors must be Indian Resident
5. Minimum Authorized Share Capital 100,000 (INR One Lac)
6. DIN (Director Identification Number) for all Directors
7. DSC (Digital Signature Certificate) for 2 Promoters & 1 witness