1. Private limited companies are formed by people between two and fifty while public limited companies are formed by people between seven to into infinity in numbers.
2. Private limited companies have a restriction for the transfer of shares while public limited companies have free transfer of shares.
3. Private limited companies are not allowed to advertise their shares to public while public limited companies can advertise their shares to public.
4. Private limited companies can start trading after getting the certificate of incorporation while public limited companies start after being issued with certificate of trading.
Jonmhumble answered the question on October 26, 2017 at 16:38