Company Registration Trend in India – FY 2023-24
In short
FY 2023-24: 2,44,293 company and LLP registrations in the available MCA data, with entity-wise shares and month-by-month analysis.
Website calculation period: Financial-year research starts on 1 April 2016 (FY 2016–17). January–March 2016 is excluded from website research calculations. Each full financial year runs from 1 April to 31 March. FY 2021–22 has three missing source months; FY 2026–27 covers April–September 2026 only. Missing months are not estimated.
This financial-year report studies company and LLP registrations in India during FY 2023-24. It looks at the overall registration volume, the mix between different entity types and the monthly pattern across the year.
FY 2023-24 at a glance
A total of 2,44,293 registrations are recorded for the available months of FY 2023-24. Private Companies accounted for the largest share, followed by LLPs and OPCs.
| Entity Type | Registrations | Share |
|---|---|---|
| Private Companies | 1,72,068 | (70.4%) |
| OPC | 10,961 | (4.5%) |
| Public Companies | 2,220 | (0.9%) |
| Foreign Companies | 62 | (0.0%) |
| LLP | 58,982 | (24.1%) |
| Total | 2,44,293 | (100%) |
What the entity mix shows
Private Companies represented (70.4%) of the registrations in the available FY 2023-24 data, while LLPs represented (24.1%). OPCs contributed (4.5%). Public and Foreign Companies together formed a relatively small part of the overall registration mix.
Monthly registration data — FY 2023-24
| Month | Private | OPC | Public | Foreign | LLP | Total |
|---|---|---|---|---|---|---|
| April | 15,523 | 881 | 193 | 2 | 4,335 | 20,934 |
| May | 15,929 | 877 | 213 | 4 | 5,753 | 22,776 |
| June | 12,753 | 734 | 194 | 15 | 3,672 | 17,368 |
| July | 15,598 | 898 | 201 | 1 | 4,874 | 21,572 |
| August | 14,201 | 923 | 191 | 5 | 4,668 | 19,988 |
| September | 12,931 | 874 | 191 | 0 | 4,359 | 18,355 |
| October | 14,361 | 1,042 | 200 | 6 | 5,095 | 20,704 |
| November | 12,346 | 849 | 149 | 11 | 4,722 | 18,077 |
| December | 13,686 | 928 | 194 | 5 | 5,046 | 19,859 |
| January | 13,283 | 851 | 193 | 6 | 5,276 | 19,609 |
| February | 16,035 | 1,031 | 198 | 3 | 5,801 | 23,068 |
| March | 15,422 | 1,073 | 103 | 4 | 5,381 | 21,983 |
Monthly pattern
February recorded the highest monthly total in the available FY 2023-24 data at 23,068 registrations. The lowest available monthly total was 17,368 in June.
Key observation
The FY 2023-24 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.
State-wise Company registrations: FY 2023–24
The reporting period is 1 April 2023 to 31 March 2024.
The master contains 1,85,249 dated Company records for this period. The leading state/UT is Maharashtra, with 32,583 registrations (17.59%).
| State / UT | Companies | Share |
|---|---|---|
| Maharashtra | 32,583 | (17.59%) |
| Uttar Pradesh | 20,591 | (11.12%) |
| Delhi | 17,008 | (9.18%) |
| Karnataka | 14,864 | (8.02%) |
| Tamil Nadu | 12,627 | (6.82%) |
| Telangana | 12,296 | (6.64%) |
| Gujarat | 10,205 | (5.51%) |
| Haryana | 9,502 | (5.13%) |
| West Bengal | 8,683 | (4.69%) |
| Rajasthan | 6,891 | (3.72%) |
The ten leading states/UTs shown above account for (78.41%) of the dated Company records. Other states/UTs account for 39,985 records. State is unassigned for 14 records in this period.
What the geographic pattern means
These counts show where new Companies were registered. They can help identify the scale of regional business formation, but a larger count does not establish a better business environment or stronger business survival. Population, economic size and sector composition are needed for those comparisons.
Scope: Companies includes Private Companies, OPCs and Public Companies. LLPs and Foreign Companies are excluded from these state tables. State-wise analysis cannot be derived from LLPINs because they do not contain a state code. LLP state analysis requires separately verified address or State fields. State is derived from valid CINs; unresolved CINs remain unassigned. Shares use all dated Company records for the stated period, including records with an unassigned state. Rows without usable registration dates are excluded from financial-year allocation.
Registration jurisdiction does not identify every operating location, and registration counts do not measure revenue, jobs, investment or survival. Historical jurisdiction labels are retained where relevant. The reporting period is 1 April 2023 to 31 March 2024.
Read the state-wise research report and how CIN-derived state data is interpreted.
Data note
All 12 months from April 2023 to March 2024 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.
State profiles: Explore all states and union territories from FY 2016–17 onward. Company-only figures; LLPs are excluded.
This page explains the law in simple words, for learning. It is not legal advice. Rules, fees and due dates change, so check the official source before you file. Spotted an error? Tell us on WhatsApp, and the page will be corrected.
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.
