Number Of Registered Companies

Ongoing Lok Sabha elections and high base effect from record registrations in FY24 were attributed as reasons for the April drop

More than 1.85 lakh companies were registered in the country last fiscal, higher than the count recorded in the year-ago period, and nearly 16,600 companies were set up in March this year, according to official data. As per the data, 1,59,524 companies were registered with a collective paid up capital of Rs 18,132.16 crore in 2022-23. At the end of March 2024, the country had a total number of 26,63,016 companies and out of them, 16,91,495 companies or 64 per cent were active. As many as 9,31,644 registered companies were closed, 2,470 were dormant entities and 10,385 companies were under liquidation. A total of 27,022 companies were under the process of being struck off from official records. During FY 2023-24, a total of 1,85,312 companies were registered with a collective paid up capital of Rs 30,927.40 crore, according to the corporate affairs ministry's information bulletin for March. Out of them, 71 per cent were in the services sector, followed by 23 per cent in the indust

The latest data from the corporate affairs ministry also showed that there were little over 1,215,000 active companies as on June 30.

There were 11,89,826 active companies as on June 30, 2018

At the end of December 2015, the total number of registered firms stood at little over 1.52 million