Pvt Ltd Registration in IIT Madras, Chennai
Last updated: 15 Oct 2026
Quick Answer: Virtual Auditor incorporates private limited companies for founders in IIT Madras, Chennai, from our head office at Spencer Plaza, Anna Salai: name approval, SPICe+ filing, PAN, TAN and bank account, and the first-year compliance that follows.
IIT Madras: the local picture for Pvt Ltd Registration
IIT Madras lies in Chennai district, Tamil Nadu. Its business mix is typical of an area built around public institutions and campuses. Nearby areas we also serve include Taramani, Anna University, Raj Bhavan and Guindy. We serve clients in IIT Madras from our head office at Spencer Plaza, Anna Salai. Researchers and faculty here starting ventures check their institution's rules on directorship and equity before incorporating. Companies with a registered office in IIT Madras come under the Registrar of Companies, Chennai.
What is a private limited company?
A private limited company is a separate legal entity with limited liability, at least two directors and two shareholders (up to 200). It is the usual choice for businesses planning to raise equity or offer ESOPs.
What are the requirements?
A private limited company needs at least two directors and two members (one person can be both), with at least one director who has stayed in India for 182 days or more in the financial year (section 149(3)). There is no minimum paid-up capital. Stamp duty on the memorandum and articles is paid at Tamil Nadu rates, computed by the MCA portal on the authorised capital chosen.
What must the new company do in its first year?
Open the bank account and receive subscription money, file INC-20A within 180 days, appoint the first auditor within 30 days, issue share certificates within 60 days, hold the first board meeting within 30 days and four board meetings in the year (or two, if it is a small company), and hold the first AGM within nine months of the year-end.
Full details of a private limited company, including the law, the process and our method: https://virtualauditor.in/private-limited-company-registration
What you get from Virtual Auditor in IIT Madras
- SPICe+ filing with DIN, PAN and TAN
- Bank account and EPFO/ESIC registration
- First-year compliance calendar
Documents to keep ready
- PAN and Aadhaar of each director and shareholder
- Passport for foreign nationals (notarised or apostilled)
- Registered-office utility bill and no-objection letter
Indicative Fee Structure
| Service | Fee |
|---|---|
| Private limited company incorporation (professional fees; government fees and stamp duty extra) | From ₹8,999 |
| Consultation | Complimentary 30 minutes |
*Prices are indicative and exclude government fees and taxes. Actual fees depend on scope and complexity; contact us for a fixed quote.
Frequently Asked Questions
Can a single person register a private limited company?
No. A private company needs at least two directors and two members; a single founder can register a one person company instead.
Is there a minimum capital?
No minimum paid-up capital is required. You choose the authorised capital, which drives stamp duty and fees.
Which offices deal with a private limited company for a business in IIT Madras?
Companies with a registered office in IIT Madras come under the Registrar of Companies, Chennai.
Do you also handle a private limited company for businesses near IIT Madras?
Yes. We also work with businesses in Taramani, Anna University, Raj Bhavan, Guindy and Tiruvanmiyur and elsewhere in Chennai, on the same terms and online.
Do I need to visit your office from IIT Madras?
No. We serve IIT Madras from our head office at Spencer Plaza, Anna Salai. Documents are shared securely online, filings are signed with a digital signature, and meetings are by video or at our office by appointment. Call +91 99622 60333 or email support@virtualauditor.in.