Significance of Corporate Identity number-CIN
bhavani prasad
What does the letters and numbers in the 21 Alphanumeric Corporate Identity Number (CIN) signify
Thanking you
Bhavani Prasad
Bindu Madhava
E-Corporate Business Working group to synergise the provisions of the companies act, 1956 with the information technology act, 2000 |
[Issued by the Ministry of Law, Justice & Company Affairs, Department of Company Affairs vide No. 1/6/2000-CL.V; General Circular No. 12/2000 dated 25.10.2000]. |
1. I am directed to say that it has been decided that all Registrar of Companies will allocate a Corporate Identity Number (CIN) to each company registered on or after 1st November, 2000.
2. The CIN has been designed to help easily identify companies belonging to a State, industry, ownership or age. It will be 21-digit number.
3. The first letter denotes the listed or unlisted company. The first five digits represent, the economic activity of the company, the second two places represent the State in which the company’s registered office is located, the next four places indicate the year in which the company was incorporated, the next three places indicate ownership code and the last six places in the CIN are the unique number assigned to every company in any particular economic activity, in a particular State, of a particular year of incorporation and of a particular ownership category. For example, the new CIN for a few well known companies are presented below :
Steel Authority of L 27104 DL 1973 UGC XXXXXX
India Ltd.
Tata Engineering & L 3410 MH 1943 PLC XXXXXX
Locomotive Co. Ltd.
The complete listing of State code and the ownership code is enclosed. (Published hereunder)
4. Training schedule for the officers and staff of Registrars of Companies in this regard is being chalked out by the NIC and will be sent to you shortly.
5. All Registrar of companies are directed to act accordingly. A copy of this circular is also available on web site http://www.nic.in/dca of the department and can be accessed in case of need.
R. N. Vaswani
Under Secretary to the Govt. of India
Corporate Identity Number (CIN)
A new investor friendly Corporate Identity Number (CIN) is being introduced to uniquely identify every company registered with the Registrar of Companies. Currently, the present registration number assigned to a company does not reflect the activity or the State or ownership of the company.
The CIN assigned to a company indicates the following :
l Listing Status
l Economic Activity (Industry)
l State
l Year of Incorporation
l Ownership
l Sequential Number assigned by RoC’s
The CIN is explained schematically below.
The first digit of the CIN represents the Listing Status of a company. If the company is unlisted the alphabet entered is ‘U’ and in case the company is listed the alphabet entered is ‘L’. In general, freshly incorporated companies are unlisted.
The second five digits represent the economic activity of the company. The standard National Industrial Classification (NIC) 98, at the 5-digit level, would be used to assign activity/Industry code. The NIC ’98 has been devised by Central Statistical Organisation (CSO), Ministry of Statistics and Program Implementation, Government of India. The document giving details on the codes can be procured from the csO. Annexure-1 presents a sample classification for a few economic activities.
The next two places represent the State in which the company’s registered office is located. All States are represented by a two-alphabet code. The complete list of State code is presented in Annexure-II to this note.
The next four places indicate the year in which the company was incorporated.
Next, the ownership code is indicated through a three-alphabet code. The list of codes with their description is presented in Annexure-III to this note.
The last six places in the CIN are the sequential number assigned to every company by the concerned RoC office of the State.
Note that there is no space, hyphen, oblique sign, etc. between the various code components.
Steps for Implementation of CIN
Step 1 : First place in CIN represents the Listing status of a company. The listing status code is represented by a alphabet. If Company is Listed then assign ‘L’ otherwise assign ‘U’ for unlisted company.
Step 2 : The next five places represent the economic activity of the company according to the standard National Industrial Classification (NIC) 98. Select the economic activity code of the company from NIC 98 manual and assign the code. In case if a company is operating in a diverse fields, then assign ‘00000’ as a ‘Diversified’ company. The manual/document on NIC ’98 can be obtained from CSO. Annexure-I presents a sample classification for a few economic activities.
Step 3 : The next two places represent the State in which the company’s registered office is located. All States are represented by a two-alphabet code. The complete list of State code is presented in Annexure-II to this note. Assign the State code from the list given in Annexure-II.
Step 4 : The next four places represent the year of incorporation of the compny. Assign the year of incorporation of a company in ‘YYYY’ format. Example, if a company is incorporated on April 2, 1982. Then assign 1982 as year of incorporation.
Step 5 : The next three places represent the ownership of a company. Whether the company is Union Government Company or State Government Company, Private limited or Public limited company. Ownership code is represented by three alphabet code. The list of codes with their description is presented in Annexure-III to this note. Assign the ownership code from the list presented in Annexure-III.
Step 6 : The last six places represents the unique sequential number assigned to every company by the concerned Registrar of Companies (RoCs) office of the State. This unique six digit sequential number is assigned by the respective RoCs.
Note that there is no space, hyphen, oblique sign, etc. between the various code components.
Consider an example of an existing company ABC India Ltd.
ABC India Ltd. - 1393 (Registration Number)
ABC India Ltd. - L60230AS1972PLC1393 (CIN)
The registration number does not give any information about the company where as the CIN provides information about the listing status, activity (Industry), ownership, registered office, and year of incorporation of the company.
An investor friendly CIN of ABC India Ltd. indicates the following characteristics of the company :
L - Listed Company
60230 - Freight Transport by Road
AS - Registered office in Assam
1972 - 28 year old company
PLC Public Limited Indian Non-Government Company
1393 - Sequential Number assigned by respective RoCs
Annexure-I
15. Manufacture of Food Products and Beverages
151 Production, Processing and preservation of meat, fish, fruit vegetables, oils and fats
1511 Production, Processing and preserving of meat and meat products.
15111 Mutton-slaughtering, preparation
15112 Beef-slaughtering, preparation
15113 Pork-slaughtering, preparation
15114 Poultry and other slaughtering, preparation
15115 Preservation of meat except by canning
15116 Processing and canning of meat
15117 Rendering and refining of lard and other edible animal fats
15118 Production of flours and meals of meat and meat offals
1512 Processing and preserving of fish products fishing and processing of the catch...
15121 Sun-drying of fish
15122 Artificial dehydration of fish and sea food
15123 Radiation preservation of fish and similar food
15124 Processing and canning of fish
15125 Manufacturing of fish meal
15126 Processing and canning of froglegs
15127 Processing and preserving of fish crustacean and similar foods
152 XXXXXXXXXXXXXXXXXXXXX
16.
XXXXXXXXXXXXX
Annexure-II
State codes
AN - Andaman & Nicobar Islands q AP - Andhra Pradesh q AR - Arunachal Pradesh q AS - Assam q BR - Bihar q CH - Chandigarh q CT-Chattisgarh* q DN - Dadar Nagar Haveli q DD - Daman & Diu q DL - Delhi q GA - Goa q GJ - Gujarat q HR - Haryana q HP - Himachal Pradesh q JK - Jammu & Kashmir q JH - Jharkhand* q KA - Karnataka q KL - Kerala q LD - Lakshadweep q MP-Madhya Pradesh q MH - Maharashtra q MN - Manipur q ML-Meghalaya q MZ-Mizoram q NL - Nagaland q OR - Orissa q PY - Pondicherry q PB - Punjab q RJ - Rajasthan q SK - Sikkim q TN - Tamil Nadu q TR - Tripura q UR - Uttaranchal* q UP - Uttar Pradesh q WB - West Bengal.
* The codes will be operational once the RoC office opens up in the State.
Annexure-III
Ownership Codes
GOI Union Government company
SGC State Government company
PLC Public limited Indian Non-government Company
PTC Private limited Indian Non-government Company
FLC Public limited foreign company incorporated in India
FTC Private limited foreign company incorporated in India
ULL Unlimited liabilities Public
ULT Unlimited liabilities Private
GAP Guarantee & Association Public
GAT Guarantee & Association Private
NPL Section 25 company
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pooja agnihotri
Next 4 Characters : Year of Incorporation
Regards!!!!
bhavani prasad
bhavani prasad
Can anyone guide me through how to find out the Economic activity/Industrial activity of a concern