Friday, March 9, 2012

Company law basics: What is CIN number?

The Corporate Identity Number is a 17 digit number issued by MCA to all the companies which are incorporated on or after 1/11/2000. The basic objective of allotting CIN no. is to easily track and identify individual companies. The digits used to constitute a CIN number are not at random. If analyzed properly they can divulge a lot of information about the company.

The CIN no. of a company can be broken down as follows-
 ·       The first digit indicates the listing status of the company, i.e., whether it is listed or unlisted. (L/U)

·        The next five digits indicate which industry the company belongs.

·         The next two digits indicate the state where the company is registered. E.g., UP for Uttar Pradesh, DL for Delhi, etc.

·        The next four digits indicate the year of incorporation

·        The next three digits indicate the ownership, i.e., whether the company is Public ltd. or Private  ltd. (PLC for Public Limited and PTC for Private Company)

·        The final six digits indicate the registration number of the company, which is issued by ROC.

Let’s understand this with the help of an example. The CIN number of Reliance Industries Ltd. (RIL) is L17110MH1973PLC019786. Here, L indicates that it is a listed company. 17110, which are the next 5 digits, indicate the industry or the sector which the company belongs. MH is the code for Maharashtra, where the company is situated. 1973 is the year of incorporation. PLC stands for Public limited company and 019786 is the registration number of the company.

Thus, you can see that the CIN number is not only a unique identification code for the company, but it also provides a lot of information about the company. If you want to find out CIN no. of any company in India, please click here.  Use the 'search based on existing company name' option if you only know the name of the company.