Company & LLP Registration Trends in India — February 2023
In short
February 2023: 5,238 Company and LLP registrations in India, with entity-wise shares and historical February comparison from 2016 onward.
February 2023 — Key Observations
February 2023 recorded 5,238 registrations, down (71.9%) from February 2022 (18,669), the steepest February fall in the 2016–2026 series. It is the lowest February in the 2016–2026 series. Private Limited made up (51.7%) of the month, LLPs (46.5%) and OPCs (1.4%); the LLP share rose from (21.7%) in February 2022. Compared with the previous month, January 2023 (14,787), registrations were down (64.6%). Company registrations this month are unusually low because company incorporation forms (SPICe+ and RUN) moved to the MCA21 V3 portal on 23 January 2023. Applications slowed while the new system settled.
Financial-year context: February 2023 falls in FY 2022–23. Monthly counts remain observations for the named month, not full-year totals. January–March 2016 falls in FY 2015-16, so it is not counted in Financial Year totals, but it is included in month-to-month comparisons.
February 2023 recorded 5,238 Company and LLP registrations in India. This page places the month in context by comparing February 2023 with the earlier available February data from 2016 onward.
Private Companies: 2,707 (51.7%) • OPC: 75 (1.4%) • LLP: 2,436 (46.5%)
Total registrations: 5,238
February Registration Trend — 2017 to 2023
Each row below represents the same calendar month — February — so the comparison is not distorted by normal differences between months.
| Financial year | Private | OPC | Public | Foreign | LLP | Total | YoY |
|---|---|---|---|---|---|---|---|
| 2015–16 Feb 2016 | 8,190 (74.9%) | 397 (3.6%) | 177 (1.6%) | 14 (0.1%) | 2,154 (19.7%) | 10,932 | — |
| 2016–17 Feb 2017 |
9,212 | 476 | 175 | 13 | 2,712 | 12,588 | (15.1%) |
| 2017–18 Feb 2018 |
7,418 | 440 | 153 | 10 | 2,464 | 10,485 | (-16.7%) |
| 2018–19 Feb 2019 |
10,788 | 657 | 331 | 13 | 2,257 | 14,046 | (+34.0%) |
| 2019–20 Feb 2020 |
9,540 | 599 | 290 | 16 | 3,081 | 13,526 | (-3.7%) |
| 2020–21 Feb 2021 |
13,042 | 765 | 285 | 5 | 4,401 | 18,498 | (+36.8%) |
| 2021–22 Feb 2022 |
13,495 | 807 | 306 | 6 | 4,055 | 18,669 | (+0.9%) |
| 2022–23 Feb 2023 |
2,707 | 75 | 20 | 0 | 2,436 | 5,238 | (-71.9%) |
What the February 2023 data shows
Private Companies formed (51.7%) of all February 2023 registrations, while LLPs accounted for (46.5%). OPCs contributed (1.4%). Public and Foreign Companies together represented a relatively small share of the month's total.
How to read this data
Registration numbers measure the creation of legal entities. They do not indicate whether those entities later became profitable, raised funding, employed people or remained active. The purpose of this series is to study incorporation activity and changes in preferred legal structures over time.
Source: MCA monthly incorporation data compiled in the CompanysRegistration.com Registration Trend dataset. Missing MCA source periods, where applicable, are disclosed and are not estimated.
Top 5 Business Activities — February 2023
These rankings are based on this month's original MCA incorporation records, separated into Private Limited, LLP and OPC. The source files span a change from legacy MCA descriptions/NIC-2004 to NIC-2008; each activity retains its original classification or a clearly identified division. Percentages are the share of registrations in the corresponding structure, including records without a declared code in the denominator.
Top 5 — Private Limited Companies
| # | MCA activity / NIC division | Registrations (share) |
|---|---|---|
| 1 | NIC-2008 62 — Computer programming, consultancy and related activities |
329 (12.15%)
|
| 2 | NIC-2008 46 — Wholesale trade (excluding motor vehicles) |
286 (10.57%)
|
| 3 | NIC-2008 47 — Retail trade (excluding motor vehicles) |
146 (5.39%)
|
| 4 | NIC-2008 01 — Crop and animal production, hunting and related services |
129 (4.77%)
|
| 5 | NIC-2008 43 — Specialised construction activities |
123 (4.54%)
|
Top 5 — Limited Liability Partnerships (LLPs)
| # | MCA activity / NIC division | Registrations (share) |
|---|---|---|
| 1 | NIC-2008 68 — Real estate activities |
330 (13.55%)
|
| 2 | NIC-2008 46 — Wholesale trade (excluding motor vehicles) |
251 (10.30%)
|
| 3 | NIC-2008 62 — Computer programming, consultancy and related activities |
189 (7.76%)
|
| 4 | NIC-2008 43 — Specialised construction activities |
132 (5.42%)
|
| 5 | NIC-2008 47 — Retail trade (excluding motor vehicles) |
130 (5.34%)
|
Top 5 — One Person Companies (OPCs)
| # | MCA activity / NIC division | Registrations (share) |
|---|---|---|
| 1 | NIC-2008 62 — Computer programming, consultancy and related activities |
22 (29.33%)
|
| 2 | NIC-2008 47 — Retail trade (excluding motor vehicles) |
6 (8.00%)
|
| 3 | NIC-2008 43 — Specialised construction activities |
4 (5.33%)
|
| 4 | NIC-2008 52 — Warehousing and support activities for transportation |
4 (5.33%)
|
| 5 | NIC-2008 68 — Real estate activities |
4 (5.33%)
|
Source: Original month-specific MCA incorporation workbook, with entity records separated and registration counts cross-checked against the revised verified monthly master. The ranking reflects registered activities, not the number of profitable or actively operating businesses. MCA monthly reports.
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