There are variety of companies in Delhi ranging from trading, construction, business services, real estate, etc. to manufacturing, transport, social services, etc. As of March 2015, there were 272,369 companies registered in Delhi state (this doesn’t include companies in NCR). Not surprisingly, more than 33% of these companies belongs to service sector. Thanks to the fact that India has one of the fastest growing service sector, this number is going to increase further. Number of service oriented companies was as large as three times the next category of trading companies. An infographic below shows the percentage of companies by the type of business they were involved in, as of March 2015.
What was surprising to me was fact that there were a significant number of social services companies in the state, which outnumbered financial companies, machinery manufacturing companies and transportation companies. This might be due the fact that a significant number of NGOs registered in Delhi are used as money laundering devices. [http://www.hindustantimes.com/delhi/99-ngos-are-fraud-money-making-devices-hc/story-2AMyh5VMGA0edUtvtRnAMP.html]
Further, if we look at data pertaining to number of companies by Paid-up Capital, we can find that most of the companies have exactly the bare minimum paid-up captal of Rs 100,000. This could be because a lot of companies are setup as dummy just to exploit tax laws and government schemes. Below is the data shown for companies in Delhi (by paid up capital)
The status of various companies as of March 2015 is listed below:
|Status||Number of companies|
|Active (in progress)||27|
|Converted to LLP||189|
|Converted to LLP and Dissolved||532|
|Dormant (u/s 455 of CA 2013)||65|
|Striking Off (under process)||1,441|
Other facts about companies in Delhi:
- The top four companies (by paid up capital) in Delhi were Air India, BSNL, DMRC, and ONGC.
- Among 272,369 companies registered in Delhi, more than 72% were active companies, 15% were struck off from register and 10% were deemed as dormant as of March 2015.
- Number of publicly listed companies were 19,231, while number of private companies in Delhi was 252,738 as of March 2015; remaining 400 were One Person Companies