![]() Financial Daily from THE HINDU group of publications Saturday, Aug 20, 2005 |
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Corporate
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Trends Rise in number of companies registered in April Our Bureau
New Delhi , Aug. 19 THE month of April 2005 saw an increase in the number of companies registered under the Companies Act when compared with the same period last year. The number of companies registered during the month stood at 4,083 against 3,183 registered in the same month last year. According to an official release, of the 4,083 companies registered in April, 4,065 were limited by shares and 18 guarantee companies. The total authorised capital, of the companies limited by shares, put together amounted to Rs 938.3 crore. Out of the 4,065 companies limited by shares, 117 were public limited companies with an authorised capital of Rs 191.1 crore. The remaining 3,948 were private limited companies with an authorised capital of Rs 747.2 crore. The highest number of companies, limited by shares, registered during the month under review was reported from Delhi (1,058) followed by Maharashtra (742). Tamil Nadu (391), Andhra Pradesh (286), West Bengal (274), Karnataka (222) and Uttar Pradesh (211) also reported comparatively larger number of companies registered during the month. Taken together, these seven States accounted for nearly 78 per cent of the total companies registered during the month. The highest number of companies were registered under the industrial classification of finance, insurance, real estate and business services (1,307) followed by manufacturing (1,085) and wholesale and retail trade, and restaurants and hotels (692). Under other industrial classifications the number of companies registered were construction (562), community, social and personal services (165), transport, storage and communication (141), agriculture and allied activities (68) and mining and quarrying (45).
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