All states and union territories
State data, September 2026
New companies in Madhya Pradesh, September 2026
756
new companies registered in September 2026
Up 86 (12.8%) from August's 670
Madhya Pradesh registered 756 new companies in September 2026, up 12.8% from 670 in August. It ranks 12th among the 27 states by new companies, the same place as in August. Across India, new companies rose 13.1% to 24,325.
- Rank among the 27 states
- 12th
- August: 12th
- Year to date
- 6,342
- January to September 2026, 12th among states
- Share of India
- 3.11%
- of India's new companies in September 2026; 3.10% this year
- Business birth rate
- 8.6
- new companies per million people, 18th of 27 states; India 17.3
New companies by month
From January to September 2026, Madhya Pradesh registered 6,342 companies, 3.10% of India's 2,04,754, 12th among states for the year so far. Its busiest month was January 2026 (788); the quietest was April 2026 (622).
New companies registered in Madhya Pradesh each month. An MCA data centre fire on 5 June 2026 stopped incorporations for three days. Source: BBR Index by BizExpress, based on MCA monthly incorporation data.
| Month | Madhya Pradesh | India | Share of India |
|---|---|---|---|
| January | 788 | 23,269 | 3.39% |
| February | 720 | 24,136 | 2.98% |
| March | 727 | 22,320 | 3.26% |
| April | 622 | 21,737 | 2.86% |
| May | 646 | 21,859 | 2.96% |
| June | 634 | 19,372 | 3.27% |
| July | 779 | 26,225 | 2.97% |
| August | 670 | 21,511 | 3.11% |
| September | 756 | 24,325 | 3.11% |
| Total | 6,342 | 2,04,754 | 3.10% |
Each company is counted in the state or union territory whose Registrar of Companies (ROC) code appears in its Corporate Identification Number (CIN): the ROC with jurisdiction over its registered office. The MCA monthly files have no address column, and each ROC code maps to exactly one state or union territory. Counts are not adjusted for working days.
Where Madhya Pradesh ranks
Madhya Pradesh is 12th of the 27 states by new companies in September 2026 and 12th for the year so far. On business birth rate it is 18th of 27 states, at 8.6 new companies per million people against 17.3 for India.
| State | Companies, Sep 2026 | Change on Aug | Rank | Business birth rate | Birth-rate rank | Division |
|---|---|---|---|---|---|---|
| Kerala | 862 | +95 (+12.4%) | 10 | 24.0 | 6 | Challenger |
| Bihar | 818 | +91 (+12.5%) | 11 | 6.4 | 21 | Premier |
| Madhya Pradesh | 756 | +86 (+12.8%) | 12 | 8.6 | 18 | Premier |
| Andhra Pradesh | 684 | +84 (+14.0%) | 13 | 12.8 | 10 | Challenger |
| Odisha | 468 | +72 (+18.2%) | 14 | 10.1 | 17 | Challenger |
States are ranked only among states. Union territories have their own table, so none of them appears here. See the full tables.
Across India, the BBR Index, which tracks new companies per working day (Monday to Friday count as one working day each and Saturday as half), was 102.0 in September 2026, up 3.6 points from August's 98.4. Read the national picture on the BBR Index page.
The Founders' League
Madhya Pradesh plays in the Premier Division, where states compete with states. After Matchday 6 (September 2026) it is 9th of 10 with 35 points from 3 matchdays. It was promoted from the Challenger Division after June 2026 data, and points count only inside its current division (121 across the whole season). It finished 9th on quarter points with 35 and goes down to the Challenger Division.
- Division
- Premier DivisionPromoted after June 2026
- Position
- 9th of 1035 points from 3 matchdays
- Quarter points, Q2
- 359th in the division
- Zone
- Relegated after September 2026
- Momentum, September
- −0.4%share of India's new companies against its recent average
- Form, last five matchdays
- Draw
- Win
- Draw
- Draw
- Draw
Form: W when a state's share of India's new companies is more than 3% above its average over up to three earlier months, L when it is more than 3% below, D in between. Oldest matchday first. See both division tables on The Founders' League page.
Crowns this season
No crowns so far this season.
Sectors and company types
The largest sector for new companies in Madhya Pradesh this year is IT, software & telecom, with 791 of its 6,342 companies from January to September 2026 (12.5%). In September the largest was wholesale trade.
In September 2026, 13.1% of Madhya Pradesh's new companies were in tech and 6.1% in the green economy. Tech covers IT, software, data, telecom, electronics and R&D companies; the green economy covers power, water, waste and recycling companies plus solar, EV, storage and climate names.
| Type | Companies | Share of Madhya Pradesh's new companies |
|---|---|---|
| Tech | 863 | 13.6% |
| Green economy | 380 | 6.0% |
| One Person Companies | 285 | 4.5% |
| Section 8 (not-for-profit) companies | 517 | 8.2% |
| Foreign-owned subsidiaries | 7 | 0.1% |
| AI in the company name | 68 | 1.1% |
One Person Company: a company with only one member. Section 8 company: a not-for-profit company licensed under Section 8 of the Companies Act, 2013, which applies its income to its objects and pays no dividend. Foreign-owned subsidiaries: companies registered as subsidiaries of foreign companies. AI in the name: names with terms such as AI or Artificial Intelligence. Tech and the green economy are defined by business activity and name. A company can fall in more than one row, so the shares do not add up to 100%.
From the Incorporation Experts
Starting a company in Madhya Pradesh?
A company is registered with the ROC that has jurisdiction over its registered office, so a company with its registered office in Madhya Pradesh is counted on this page. The application is made through SPICe+ (Simplified Proforma for Incorporating Company Electronically Plus), the MCA web form INC-32 that combines name reservation and incorporation, and the certificate of incorporation carries the company's CIN.
The registered office also affects the cost: stamp duty on the memorandum and articles of association differs by state and union territory, so check it before you settle the address.
After incorporation, a company with share capital must file its declaration for commencement of business in Form INC-20A within 180 days, and its Board must appoint the first auditor within 30 days. A limited liability partnership (LLP) is incorporated through Form FiLLiP and must file its LLP agreement in Form 3 within 30 days of incorporation.
BizExpress takes private limited companies and LLPs from name approval to certificate, and keeps the filings that follow on time.
Questions about new companies in Madhya Pradesh
How many new companies were registered in Madhya Pradesh in September 2026?
Madhya Pradesh registered 756 new companies in September 2026, up 12.8% from 670 in August, and ranks 12th among the 27 states. From January to September 2026 it registered 6,342 companies, 3.10% of India's 2,04,754. The count comes from the ROC code in each company's CIN in the MCA monthly incorporation files.
What is Madhya Pradesh's business birth rate?
Madhya Pradesh's business birth rate was 8.6 new companies per million people in September 2026, 18th of the 27 states with at least 1 million people, against 17.3 for India. It divides the month's new companies by the 2024 projected population of 8,76,10,000. States are ranked only among states, and union territories only among union territories.
Where does Madhya Pradesh stand in The Founders' League?
Madhya Pradesh is 9th of 10 in the Premier Division with 35 points from 3 matchdays, after Matchday 6 in September 2026. It is 9th on quarter points with 35, so it goes down to the Challenger Division; promotion and relegation were decided on quarter points with September 2026 data. Its form over the last five matchdays reads draw, win, draw, draw, draw.
Use this data
Every figure on this page is free to republish with credit to the BBR Index by BizExpress. The monthly table downloads as a CSV file; the state and union territory file has the latest month, the year to date, ranks, business birth rates and company types for every place.
- Madhya Pradesh by month (CSV)The monthly table on this page, January to September 2026
- States and union territories (CSV)Latest month, year to date, ranks, business birth rate and company types for every placeDownload States and union territories (CSV)
- The Founders' League season table (CSV)Points, positions and form by divisionDownload The Founders' League season table (CSV)
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Source: BBR Index by BizExpress, based on MCA monthly incorporation data.