minimum capital to form a new private co.?

The private company can be started with a minimum capital of  Rs1,00,000 with a minimum of two directors.

A public company can be started with a minimum paid up capital of  Rs. 500,000 with a minimum of three directors and seven shareholders.

Dear Rohit

As per Section 3(1)(iii) and 3((1)(iv)

min paid up share capital is Rs 1,00,000 for Private Companies

Rs. 5,00,000 for public companies

Regards

The provision are in section 3, 

Also, for public company the minimum amount is 5 Lacs.

Also check the following article written by one of our friend . It will help you a lot >

/articles/comparison-of-pvt-vs-public-company-2319.asp

Regards

Agree with Aditya Maheshwari sir

Trust my reply through PM suits you.

Revert if there is any doubt.

The minimum number of shareholders and Directors is 2. It also has a minimum share capital requirement of Rs.100,000.

Regards

K.ilayaraja

 Minium Limits       Pvt co                 Public  co

Share Capital     1 lac                               5 lac

Directors                 2                                     3

Share Holders       2                                     7