The Probe42 Newsletter – October 2025

Welcome to our October Edition! Deep dive into India’s 23 lakh active companies, and analyse incorporation trends in India, including revenue, paid-up capital and geographical distributions. 

Key highlights:

  • Active Entities: 24.36 lakh companies and LLPs.
  • New Incorporations (Oct 2025): 21,558 companies incorporated across 5,155 pincodes (vs 31,044 in 6,198 pincodes in September 2025).
  • Year-over-Year Growth: 24.1% more entities incorporated in the past 12 months (299.4k vs 241.4k), and 29.4% more entities registered in October 2025 vs October 2024.
  • Active Directors (Oct-25): 31.92 lakh Indian, 61.8k foreign.

Top Probe Industries by Revenue Category:

  • Up to ₹5 Cr: Information Technology (1,05,404), Real Estate (1,01,879), BFSI (79,464), Outsourcing (59,174), Agro (54,275).
  • ₹5 Cr – ₹50 Cr: Manufacturing (16,060), Information Technology (15,347), Machinery & Equipment (11,154), Consumer Products (9,094), BFSI (8,855).
  • ₹50 Cr – ₹250 Cr: Manufacturing (5,741), Metals & Minerals (3,932), Food & Beverages (3,743), Information Technology (3,131), Consumer Products (2,872).
  • ₹250 Cr – ₹1,000 Cr: Metals & Minerals (1,441), Food & Beverages (1,184), Manufacturing (1,154), Automobiles (1,092), Information Technology (886).
  • Above ₹1,000 Cr: BFSI (511), Information Technology (417), Food & Beverages (393), Metals & Minerals (385), Manufacturing (368).

Top 5 Probe Industries (by Total Count): Information Technology (125.2k), Real Estate (112.9k), BFSI (92.1k), Manufacturing (68.4k), Outsourcing (67.1k).

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