Do you deal with companies? Have
you ever come across a alphanumeric 21 digit code called CIN? Whenever you will
look at Company’s details, you would see a CIN i.e. Company Identification
Number. As the name suggests, every company that is incorporated in India is
given a unique code at the time of its incorporation which is called the
Corporate Identification Number (CIN) of that company. This code is given
irrespective of whether the company is a listed company, private company,
public company or One Person Company. You can look for CIN of the companies in
a corporate directory. CIN is also mentioned on the letter head of the company.
Can a Company’s CIN change? Yes. CIN is the number with which you identify a
company. Typically CIN is to remain with the company for a lifetime but in few
cases, the CIN of the company may change: Change in State where registered
office of the company is situated The listing status of the company changes The
industry of the company changes The company becomes public limited from private
limited or vice versa Breaking the CIN Code CIN is not a random alphanumeric 21
digit code given to companies. It in fact, stores vital information in it.
Let’s understand it by an example:
CIN Number is basically divided
into 6 parts.
Each part contains some
information about the Company:
1. First Digit represents the
listing status – A Company may be either listed or unlisted. First Digit of the
CIN indicates the Listing status of the company. If the company is listed, It
will be mentioned “L”, if the company is unlisted, it will be mentioned “U” as
the first digit of the CIN.
2. Next Five Digits represents
the Industry Code – Depending on the business line chosen by the company, the
Company selects an industry in which it intends to operate. Accordingly, a
suitable industry code is allotted to the company.
3. Next Two Digits represents the State Code – These digits represent
the State in which the registered office of the company is situated. Therefore,
it helps us know which Registrar or ROC is applicable with respect to the
company. For Example: If the company has been registered in Maharashtra, the
Code would be “MH”. In case, the company shifts its registered office to some
other place later, the CIN would change due to change in the State Code.
4. Next Four Digits represents the year of incorporation of the Company
– These digits represents the year in which the company was incorporated. By
looking at the CIN of the company, one can tell that the year in which the
company was incorporated.
5. Next Three Digits represents the type of the company – These three
digits specify the type of the company. A company may be any of the following:
– Public Limited Company (PLC) – Private Limited Company (PTC) – Government of
India Company, Centre (GOI) – One person Company (OPC) – Company of State
Government (SGC) – Section 8 Company – Not for Profit (NPL)
6. Last Six Digits – These last digits define the ROC Registration
Number of the company. They are unique numbers given to every company at the
time of incorporation by the ROC in which they are registering. This number
depends on the ROC in which the company is registering and also the Industry
which has been allocated to it. This is what the 21 digit CIN Code comprises
of. Next time, you see CIN of a company, there would be many things that you
should be able to tell.
No comments:
Post a Comment