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STATISTICS ON COMPANIES AS ON 31.08.2022

DR.MARIAPPAN GOVINDARAJAN
India Sees Surge in Business Growth: 14,471 New Companies Registered in August 2022, Compliance Activities Ongoing As of August 31, 2022, there were 23,92,138 registered companies in India, with 14,91,753 active. The companies are categorized by liability: 14,81,655 limited by shares, 296 with unlimited liability, and 9,792 limited by guarantee. During August 2022, 14,471 new companies were registered, predominantly in business services and manufacturing. Additionally, 31,678 Director Identification Numbers were issued, with a majority to Indian nationals. The country also had 252,460 Limited Liability Partnerships and 5,073 foreign companies. In August, 150,330 forms were filed with the Ministry of Corporate Affairs, reflecting ongoing compliance and administrative activities. (AI Summary)

Companies are registered under Companies Act, 2013 or under the provisions of Companies Act, 1956 with the respective Registrar of Companies coming under the control of Ministry of Corporate Affairs.  From the date of incorporation of the Company to the dissolution of the company the provisions of Companies Act, 2013 and the rules made there under are applicable.  Various returns and forms are to be filed according the transactions undertaken by the Company.  Failure to comply with the provisions of Companies Act and the rules made there under penal proceedings may be initiated against the Company and the Officer-in-default.  The Registrar is empowered to strike off the Company.

Ministry of Corporate Affairs every month publishes its ‘Monthly Information Bulletin’ which gives various statistics of company at the end of the period of that month. 

In this article the information as contained in the ‘Monthly Information Bulletin’ as on August 2022 is discussed. 

 

  • Total companies registered as on 31.08.2022            =         23,92,138
  • No. of active companies as on 31.08.2022                =          14,91,753

62.4% of total companies)

  • Closed companies                                                      =           8,49,919
  • Dormant companies                                                   =                 2,445
  • Companies under liquidation                                      =                 7,069
  • Companies under process of striking off                    =               40,942

Companies based on liabilities

  • Companies limited by shares                                     =          14,81,655
  • Companies – unlimited liability                                  =                     296
  • Companies  limited by guarantee                              =                  9,792

--------------------------

TOTAL                                                                          14,91,753

---------------------------

Companies limited by shares

Out of the 14,81,655 companies limited by shares 68,416 are public companies; 14,13,249 companies are private companies. 

Out of the 68,416 of public companies 6744 companies are listed companies and the remaining 61,672 are unlisted companies.

The private companies 14,13,249 includes 45,577 One Person Companies.

Companies – unlimited liability

Out of 296 unlimited companies, 37 companies are public companies and the remaining 259 companies are private companies.

Company Limited by Guarantee

Out of 9,972 companies limited by guarantee 7472 companies are private companies and the remaining 2320 are public companies. 

Out of 2320 public companies 15 companies are listed companies and the remaining 2305 companies are unlisted companies.

Active companies – Economic Activity wise

Table – 1

No. of Active companies – Economic Activity wise

Sl. No.

Economic Activity of Companies

No. of Companies

1

Business Services

4,50,008

2

Manufacturing

3,08,184

3

Trading

1,89,127

4

Community, Personal and Social Services

1,32,572

5

Construction

1,17,623

6

RE & R

 75,789

7

Agriculture and allied activities

64,215

8

Finance

61,720

9

Transport, Storage and Communication services

47,879

10

Electricity, Gas and Water Supply

16,653

11

Others

13,504

12

Mining and Quarrying

13,149

13

Insurance

1,330

TOTAL

14,91,753

New Registrations during August 2022

During August 2022, 14471 new companies were registered with a collective paid up capital of Rs.871.11 crore.  Among 14471 companies, 14,388 companies are limited by shares with the paid up capital of 871.08 crores  and 83 companies are limited by guarantee having paid up capital of 0.03 crore.

The following table shows the economic activity wise registered new companies during August 2022-

Table – 2

New Registered companies during August 2022 – Economic Activity wise

Sl. No.

Economic Activity of Companies

No. of Companies

1

Business Services

3,818

2

Manufacturing

2,771

3

Trading

1,804

4

Community, Personal and Social Services

1,970

5

Construction

   931

6

RE & R

 609

7

Agriculture and allied activities

1,109

8

Finance

556

9

Transport, Storage and Communication services

644

10

Electricity, Gas and Water Supply

158

11

Mining and Quarrying

95

12

Insurance

 9

TOTAL

14,471

The top three States receiving highest registration are Maharashtra, Uttar Pradesh and Delhi.

Direct Identification Number

During August 2022, 31678 Director Identification Number were registered.  98% relates to Indian nationals and 2% relates foreign nationals.  During this month 179 Director Identification Numbers were deactivated.  Out of the total directors 70% are males and the remaining 30% are females.

The age wise and gender wise Directors registered during the month August 2022 is furnished in the table below-

Table – 3

Age/Gender wise new Directors registered during August 2022

Sl. No

Age Group

Male Directors

Female Directors

1

18 – 30

6909

2604

2

31 – 45

9221

4442

3

46 – 60

4305

1983

4

Above 60

1595

619

One Person Companies

Till 31.08.2022 a total number of 45577 One Person Companies were active with a collective paid up capital of Rs.607.41 crore.  During August 838 One Person Companies were registered with capital of Rs.8.05 crore.

  • Business Services = 47%;
  • Manufacturing = 13.9%;
  • Trading = 13%;
  • Community, Personal and Social Services = 12.7%;
  • Construction = 4.8%;
  • Transport, Storage and Communication = 3.4%
  • Real Estate and Renting = 2.1%;
  • Agriculture and allied activities = 2.1%;
  • Finance = 0.3%;
  • Mines and Quarries = 0.2%

Limited Liability Partnership

As on 31.08.2022 a total number of 252460 Limited Liability Partnership (LLP)s, are there in our country.  About 213030 LLPs (84.38%) have an obligation of contribution less than or equal to Rs. 5 lakhs.  Only 3.03% LLPs have an obligation of contribution above Rs.1 Crore.  During the quarter from June 2022 to August 2022, 10592 LLPs were registered.

The following table shows the economic activity wise Active LLP from June 2022 to August 2022-

Table – 4

LLP – Economic activity wise

Sl. No.

Economic Activity of LLPs

No. of LLPs

1

Business Services

1107

2

Manufacturing

1381

3

Trading

1862

4

Community, Personal and Social Services

2833

5

Construction

1010

6

RE & R

1132

7

Agriculture and allied activities

129

8

Finance

183

9

Transport, Storage and Communication services

798

10

Electricity, Gas and Water Supply

80

11

Mining and Quarrying

74

12

Insurance

3

TOTAL

10592

Foreign Companies

Up to 31.08.2022, a total of 5073 foreign companies were registered in India.  Out of these 65% of companies are active.  The sector wise foreign companies are as detailed below-

  • Business Services = 57.4%;
  • Manufacturing – 7.1%;
  • TS & C= 7.1%;
  • Finance = 7.1%;
  • CP &S = 7.1%;
  • M&Q   = 7.1%;
  • Trading = 7.1%.

Forms

 During August 2022 a total of 150330 forms were filed with the Ministry of Corporate Affairs.

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