At a glance
| What it is | The return that records each new allotment of shares |
| Who files | A company that has issued new shares |
| When it is due | Within 15 days of a private placement, or 30 days for other allotments |
| What you need | The board resolution, the list of allottees and proof of payment |
| Your records | Share certificates, register of members and cap table update together |
| If it is late | Late fees and penalties apply. |
| What we do | We prepare it from your record. Experts check it, and a professional files it. |
How it is filed
- The money reaches the company's account.
- The board allots the shares.
- We prepare PAS-3 with the list of allottees.
- Filed in time. Share certificates follow within two months.
Common mistakes
- Using private placement money before allotment.
- A price without the right valuation report.
- Late share certificates.
Get a clear quote
Tell us the share change you need. We send a clear quote to your account.
What is a private placement?
Offering shares to a chosen group of people, such as investors. It has extra steps and papers.
Do we need more authorised capital first?
Only if the new shares go above the limit. Then SH-7 comes first.