Progress Rail Innovations Profile
Key Indicators
- Authorised Capital ₹ 50.40 Cr
- Paid Up Capital ₹ 7.39 Cr
- Company Age 28 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth -43.12%
- Profit Growth 115.01%
- Ebitda 83.03%
- Net Worth 2.10%
- Total Assets -28.94%
About Progress Rail Innovations
Progress Rail Innovations Private Limited (PRIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 December 1996 and has a history of 28 years and three months. Its registered office is in New Delhi, India.
The Corporate was formerly known as Gm Locomotive Group India Pvt Ltd. The Company is engaged in the Automotive Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 50.40 Cr and a paid-up capital of Rs 7.39 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vijay Kumar, Colin Kerelchuk, Kelly Roney, and One other member serve as directors at the Company.
Company Details
- Location
New Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U35201DL1996PTC083567
- Company No.
083567
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 Dec 1996
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Automotive
Who are the key members and board of directors at Progress Rail Innovations?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vijay Kumar  | Director | 10-Mar-2022 | Current |
Colin Kerelchuk  | Director | 10-Mar-2022 | Current |
| Kelly Roney | Director | 10-Mar-2022 | Current |
| Shivanshu Kaushik | Director | Current |
Financial Performance of Progress Rail Innovations.
Progress Rail Innovations Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 43.12% decrease. The company also saw a substantial improvement in profitability, with a 115.01% increase in profit. The company's net worth moved up by a moderate rise of 2.1%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Progress Rail Innovations?
In 2023, Progress Rail Innovations had a public holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Progress Rail Innovations?
Progress Rail Innovations has a workforce of 99 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Progress Rail Innovations, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Progress Rail Innovations's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Progress Rail Innovations
Recent activity within the organization
- Annual General Meeting
Progress Rail Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Progress Rail Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Director Appointment
Vijay Kumar was appointed as a Director was appointed as a Director on 10 Mar 2022 & has been associated with this company since 3 years 18 days .
- Director Appointment
Colin Jon Kerelchuk was appointed as a Director was appointed as a Director on 10 Mar 2022 & has been associated with this company since 3 years 18 days .
- Director Appointment
Kelly Bouldin Roney was appointed as a Director was appointed as a Director on 10 Mar 2022 & has been associated with this company since 3 years 18 days .
- Company Incorporation
Progress Rail Innovations Private Limited was registered on 02 Dec 1996 with Roc Delhi & aged 28 years 3 months as per MCA records.
Frequently asked questions
What is the Incorporation or founding date of Progress Rail Innovations Private Limited?
Progress Rail Innovations Private Limited was incorporated on 02 Dec 1996.
What is authorized share capital and paid-up capital of Progress Rail Innovations Private Limited?
The authorized share capital of Progress Rail Innovations Private Limited is ₹ 50.40 Cr and paid-up capital is ₹ 7.39 Cr.
Who are the current board members & directors of Progress Rail Innovations Private Limited?
Currently 4 directors are associated with Progress Rail Innovations Private Limited.
- Vijay Kumar
- Colin Jon Kerelchuk
- Kelly Bouldin Roney
- Shivanshu Narendra Kaushik
What is the registered address of Progress Rail Innovations Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Progress Rail Innovations Private Limited is 800 Meridian Commercial Tower 8Th Floor Windsor Place, India, Delhi, 110001.
What is the corporate identification number (CIN) and company number of Progress Rail Innovations Private Limited?
The corporate identification number (CIN) of Progress Rail Innovations Private Limited is U35201DL1996PTC083567 and the company number is 083567 as per Ministry of Corporate Affairs (MCA).
What is the official website of Progress Rail Innovations Private Limited?
The Official website of Progress Rail Innovations Private Limited is https://www.progressrail.com
What has been the recent revenue trend for Progress Rail Innovations Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Progress Rail Innovations Private Limited has fallen by -43.12%.
How many employees does Progress Rail Innovations Private Limited currently have?
As Per 2023 financial reports, 99 employees are currently employed by Progress Rail Innovations Private Limited.
What change has been observed in the net worth of Progress Rail Innovations Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Progress Rail Innovations Private Limited has experienced an upsurge of 2.10%.
When was the last Balance Sheet of Progress Rail Innovations Private Limited filed with the ROC?
The most recent Balance Sheet for Progress Rail Innovations Private Limited was filed with the ROC on 31 Mar 2024.
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