An Initiative of Ministry of Corporate Affairs
The Corporate Data Management (CDM) Portal has been developed by Ministry of Corporate Affairs (MCA) as an in-house Data Analytics and Business Intelligence Unit. The Ministry has successfully implemented the CDM system as it’s own data warehousing facility which has streamlined the effective utilization of data for more than a decade old data repository of MCA comprising the data of entire Indian Corporate Sector. MCA is now set to launch its informative data portal to the public showcasing the information and facts about Corporate Sector.
With the continuous reforms and policy initiatives undertaken by the government Indian corporate sector has reached at a remarkable place wherein there are more than 20 lakh companies registered with MCA as on date and the numbers are increasing every single day. Out of the above number, presently around 12.63 Lakh companies are active and doing business in India.
Massive striking off activity was carried out in the year 2018. This was in line with drive launched by the government to identify shell and bogus companies. The number of companies struck off has seen a major bump in 2018. The percentage of inactive companies has increased and constitutes 38.77% of the total number of companies registered in India. Of which,2.27% of companies are in the process of strike off or liquidation and 0.11% companies are carrying the status of Dormant Company.
India is a large and diverse country with 29 States and 8 Union territories. So, it is important to look at the State wise trajectories giving us close look on how the companies are spread across the country. Maharashtra, Delhi and West Bengal have more than 40% of active registered Companies. Top 10 States includes Uttar Pradesh (7%), Karnataka (7%), Tamil Nadu (7%), Telangana (6%), Gujarat (5%), Rajasthan (3%) and Haryana (3%). The number of companies registered in North-Eastern states has also risen by 45% in last three years. Also, Newly formed union territory ladakh has registered 35 companies till date.
|State/UT||No. of Active Companies|
|Andaman & Nicobar||369|
|Dadra & Nagar Haveli||423|
|Daman and Diu||247|
|Jammu & Kashmir||3629|
|Leh and Ladakh||35|
Business Service, Manufacturing and Trading Activities are opted by majority of companies contributing to Indian Economy. Business Services is the most popular sector being opted by the private companies with 3.94 Lakh active companies being indulged in this sector. Manufacturing and Finance sector are preferred sector among public companies.
|Economic Activity||No. of Companies|
|Agriculture and Allied Activities||38848||2272|
|Electricity, Gas & Water companies||12754||1663|
|Mining & Quarrying||11080||709|
|Real Estate and Renting||66462||2663|
|Community, personal & Social Services||91750||3998|
|Transport, storage and Communications||37914||1476|
About 14% of companies are working in Real Estate activities including construction. Companies with the object of Community, personal & Social Services are also rising which contribute fair 8% of the total companies.
COMPANIES & THEIR LISTING STATUS
|Listed vs. Unlisted||No. of Companies|
DISTRIBUTION: GOVT. & NON-GOVT.
Authorised capital as defined in Companies Act’2013 is the capital which is authorised by the memorandum of a company to be the maximum amount of share capital of the company. Authorized capital of the company shows the company’s limit to issue shares and reflects company’s future growth plans.
|Economic Activity||Authorized Capital (in Cr.)|
|Agriculture and Allied Activities||26136.36||36877.92|
|Electricity, Gas & Water companies||228652.2||1297850.33|
|Mining & Quarrying||44507.64||84749.59|
|Real Estate and Renting||106943.09||56663.15|
|Community, personal & Social Services||104089.95||156160.6|
|Transport, storage and Communications||172922.81||292986.06|
Public Sector contribute 67% of total authorised capital of Corporate Sector. Manufacturing Companies have the highest authorised share capital followed by Business Services. It is interesting to note that Electricity, Gas & Water companies which are 1% of the total companies contribute 19% of total authorised capital of Corporate Sector. Total authorised capital of private sector is majorly contributed by Manufacturing, Business Services and Trading Sector. In case of Public Companies, the contribution is made by Manufacturing, Business Services and Electricity Sector.
The Indian Company Law provides 3 different classifications of company on the basis of liability: Company Limited by Shares, Company Limited by Guarantee (with or without share capital) and Unlimited Company.
company limited by shares means a company having the liability of its members limited to amount unpaid on the shares held by them. Majority of Companies fall into this category. Company limited by guarantee means a company having the liability of its members limited to amount undertaken by members to contribute to the assets of the company in the event of its being wound up. There are 7792 active Companies limited by guarantee. Company not having any limit on the liability of its members are known as unlimited company. Presently, There are 307 Companies with Unlimited liability.