Companies Incorporated in 1903

18 companies were incorporated in 1903. 123 years on, this cohort represents an established tier of the Indian corporate register. 7 of those companies (39%) are currently marked as active on MCA records. The remaining 11 have since been struck off, dissolved, amalgamated, or placed in other non-active states — a natural attrition pattern visible across every annual cohort on the MCA register. The 1903 cohort was most heavily weighted toward Community, personal and Social Services, Finance, Community, personal and Social Services — these were the NIC industry codes that captured the largest share of new incorporations that year. Geographically, Maharashtra, Tamil Nadu, West Bengal contributed the highest number of incorporations in 1903, reflecting the concentration of India's corporate formation activity in its major commercial states.