Introduction
Company registration is a key part of India’s formal business ecosystem. The Ministry of Corporate Affairs (MCA) annual report for FY 2024–25 provides a detailed picture of new company registrations, active companies, sectors, states, One Person Companies (OPCs), foreign companies and the digital systems used for incorporation and filings.
According to the report, 1,81,135 companies were registered during FY 2024–25. As of March 31, 2025, the total number of companies registered in the country stood at 28,52,449, of which 18,50,932 were active.
Key Company Registration Statistics
Metric |
FY 2024–25 / March 31, 2025 |
New companies registered during FY 2024–25 |
1,81,135 |
Total companies registered |
28,52,449 |
Active companies |
18,50,932 |
Companies closed |
9,53,078 |
Dormant companies |
2,537 |
Companies under liquidation |
10,414 |
Companies under process for closure |
26,985 |
Companies not available for e-filing (NAEF) |
8,503 |
Source: 11th Annual Report on the Working and Administration of the Companies Act, 2013. The report records 18,50,932 active companies as of March 31, 2025.
1. How Many Companies Were Registered in FY 2024–25?
A total of 1,81,135 companies were incorporated during FY 2024–25 under the Companies Act, 2013. Of these, 1,79,199 were companies with liability limited by shares and 1,936 were companies with liability limited by guarantee. The report records 99 government companies and 1,81,036 non-government companies among the total new registrations.
Source: Table 3.2, Companies Registered during FY 2024–25
2. Registered Companies vs Active Companies
The number of companies ever registered is substantially higher than the number currently active. As of March 31, 2025, India had 28,52,449 registered companies, while 18,50,932 were active. The report also lists 9,53,078 companies as closed, 2,537 as dormant, 10,414 under liquidation, 26,985 under the process of closure and 8,503 as not available for e-filing.
Source: Chapter III, Registration and Closure of Companies.
3. Five-Year Trend in New Company Registrations
Financial Year |
Companies Limited by Shares |
Authorized Capital (₹ crore) |
2020–21 |
1,54,489 |
— |
2021–22 |
1,65,935 |
— |
2022–23 |
1,58,427 |
— |
2023–24 |
1,84,014 |
1,11,165.16 |
2024–25 |
1,79,199 |
81,221.97 |
The report states that companies limited by shares decreased from 1,84,014 in FY 2023–24 to 1,79,199 in FY 2024–25, a decline of 2.62%. Authorized capital decreased from ₹1,11,165.16 crore to ₹81,221.97 crore, a decline of 26.94%.
4. Private and Public Company Registrations
Within non-government companies limited by shares, 1,77,786 were private companies and 1,321 were public companies in FY 2024–25, giving a total of 1,79,107 non-government companies limited by shares. The report separately records 92 government companies limited by shares.
Source: Table 3.5.
5. Which States Have the Largest Number of Registered Companies?
State / UT |
Registered Companies as of March 31, 2025 |
Maharashtra |
5,49,655 |
Delhi |
4,27,136 |
West Bengal |
2,46,961 |
Uttar Pradesh |
2,09,515 |
Tamil Nadu |
2,08,365 |
Karnataka |
1,92,977 |
Telangana |
1,69,407 |
Gujarat |
1,53,480 |
Source: Chapter III.
6. Where Are the Active Companies Concentrated?
The report shows Maharashtra with 3,52,617 active companies and Delhi with 2,52,616. Uttar Pradesh had 1,54,417 active companies as of March 31, 2025.
By economic activity, the largest groups of active companies were Business Services (4,93,347), Manufacturing (3,60,713), Trading (2,46,451), and Community, Personal & Social Services (2,42,163).
7. Services Account for the Largest Share of New Registrations
Economic activity data for non-government companies limited by shares shows that services accounted for 1,28,530 companies, or 71.76% of registrations in FY 2024–25. Other categories included Electricity, Gas & Water with 5,531 companies and Mining & Quarrying with 931.
Within services, Community, Social & Personal Services accounted for 46,561 companies, Trading for 29,740, Business Services for 27,728, Transport, Storage & Communications for 10,995, Real Estate & Renting for 8,377, and Finance for 5,081.
8. One Person Company (OPC) Registration
The report records 11,439 One Person Companies registered in FY 2024–25, with authorized capital of ₹459.32 crore. Services accounted for about 83% of OPC registrations. The largest OPC categories included Community, Social & Personal Services (3,553), Trading (2,537), Business Services (2,372), and Manufacturing (1,091).
Source: Economic activity classification table
9. Foreign Company Registrations
A total of 64 foreign companies were registered during FY 2024–25. By March 31, 2025, the report recorded 5,228 registered foreign companies, of which 3,286 were active. The countries with the largest numbers of registered foreign companies included the USA (699), Singapore (513), the UK (384), Japan (368), and Germany (251).
10. MCA21 and the Digital Company Registration Ecosystem
Company registration and compliance are increasingly supported through MCA21's online systems. In FY 2024–25, the system recorded 94,48,592 filings, compared with 86,93,205 in FY 2023–24. The maximum number of documents filed in a single day increased from 1,43,914 to 1,66,863.
The report also records 4,57,588 DINs issued, 13,66,179 balance sheets filed, 12,68,493 annual returns filed, and ₹415.77 crore in e-stamp fees collected during FY 2024–25.
MCA21 V3 includes web-based e-forms, real-time validation/pre-filing, reduced attachments, machine-readable information, auto-prefill, NIC 2008 classification and email/mobile OTP features.
11. Name Reservation and Incorporation Applications
The annual report also provides application-level statistics. For name reservation applications through INC-1, SPICe+ Part A and RUN, 3,25,485 applications were received during FY 2024–25, with 3,27,056 disposed and 6,043 pending at year-end.
For company incorporation forms under SPICe Part B, 1,99,972 applications were received, 1,96,560 were disposed, and 8,134 remained pending at March 31, 2025. Across all applications received by Registrars of Companies, 7,26,513 were disposed out of 7,61,622 applications considered, leaving 35,109 pending.
Source: Chapter IV application statistics.
12. What the Data Shows About Company Formation in India
The FY 2024–25 data shows a large and diverse corporate base. More than 1.8 lakh companies were newly registered during the year, while the stock of active companies stood at more than 18.5 lakh. Services represented the largest economic-activity category among new non-government companies limited by shares, and a substantial share of new registrations were private non-government companies.
At the same time, the report distinguishes between total registrations and active companies, demonstrating why company-registration statistics should not be interpreted as the same thing as the number of operating businesses
Quick Facts
Fact |
Figure |
New companies registered in FY 2024–25 |
1,81,135 |
Total registered companies as of March 31, 2025 |
28,52,449 |
Active companies |
18,50,932 |
Companies limited by shares registered |
1,79,199 |
OPCs registered |
11,439 |
Foreign companies registered in FY 2024–25 |
64 |
MCA21 filings in FY 2024–25 |
94,48,592 |
Conclusion
India's company-registration ecosystem remained substantial in FY 2024–25, with 1,81,135 new companies registered and 18,50,932 active companies recorded at the end of the financial year. The annual report provides useful evidence on the scale of incorporation, the concentration of companies across states, the dominance of services among new non-government companies limited by shares, OPC formation, foreign-company registrations and the growing role of digital MCA systems.
For entrepreneurs, consultants and researchers, these figures provide a useful factual baseline for understanding the scale and structure of India's formal corporate sector.
