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Company and LLP floats hit fresh peaks so far this fiscal, despite growth slowdown in Aug

Company and LLP floats hit fresh peaks so far this fiscal, despite growth slowdown in Aug

Company and LLP floats hit fresh peaks so far this fiscal, despite growth slowdown in Aug


Company incorporations rose 12% year-on-year to 1,10,748 between April and August, the highest ever for the period, while LLP registrations jumped 31.1% to nearly 48,972, showed the latest corporate affairs ministry data. Also, company incorporations grew just 6.7% in August, compared with 49.5% in July and 16.3% in June. This was still higher than the 5.5% rise in May and an 8.6% drop in April, ministry data showed.