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Company Registration Trend in India – FY 2022-23

In short

FY 2022-23: 1,94,814 company and LLP registrations in the available MCA data, with entity-wise shares and month-by-month analysis.

This financial-year report studies company and LLP registrations in India during FY 2022-23. It looks at the overall registration volume, the mix between different entity types and the monthly pattern across the year.

FY 2022-23 at a glance

A total of 1,94,814 registrations are recorded for the available months of FY 2022-23. Private Companies accounted for the largest share, followed by LLPs and OPCs.

Entity Type Registrations Share
Private Companies 1,47,325 (75.6%)
OPC 8,975 (4.6%)
Public Companies 2,674 (1.4%)
Foreign Companies 50 (0.0%)
LLP 35,790 (18.4%)
Total 1,94,814 (100%)

What the entity mix shows

Private Companies represented (75.6%) of the registrations in the available FY 2022-23 data, while LLPs represented (18.4%). OPCs contributed (4.6%). Public and Foreign Companies together formed a relatively small part of the overall registration mix.

Monthly registration data — FY 2022-23

Month Private OPC Public Foreign LLP Total
April 14,773 851 281 6 537 16,448
May 15,340 878 295 2 2,644 19,159
June 14,641 929 255 4 2,885 18,714
July 14,224 853 327 5 3,788 19,197
August 13,374 838 259 5 3,918 18,394
September 12,459 836 247 7 2,972 16,521
October 9,932 623 170 1 2,860 13,586
November 11,762 865 217 6 3,757 16,607
December 14,818 1,001 253 11 4,098 20,181
January 11,183 769 214 1 2,620 14,787
February 2,707 75 20 0 2,436 5,238
March 12,112 457 136 2 3,275 15,982

Monthly pattern

December recorded the highest monthly total in the available FY 2022-23 data at 20,181 registrations. The lowest available monthly total was 5,238 in February.

Key observation

The FY 2022-23 data is useful not only for measuring the total number of registrations, but also for understanding how founders' choice of legal structure is changing. The relative shares of Private Companies and LLPs are particularly useful when comparing this financial year with earlier and later periods.

Data note

All 12 months from April 2022 to March 2023 are available in this dataset. Missing MCA source months, where applicable, are disclosed and are not estimated.

Source: MCA registration data compiled in the CompanysRegistration.com registration trend dataset.

Learn about each structure

Behind every number above is a choice founders made. These lessons explain what each structure is, how it is registered and what it costs to keep running.

CS. Bhavik Hariyani

Who writes these lessons

CS. Bhavik Hariyani

Working with startups since 2009.
1,100+ PVT. LTD., LLP & OPC companies registered across sectors.

Contact: bhavik@hgcorporates.com