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.
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.
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.
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.
