Progress Rail Innovations Profile
Key Indicators
- Authorised Capital ₹ 50.40 Cr
as on 16-11-2024
- Paid Up Capital ₹ 7.39 Cr
as on 16-11-2024
- Company Age 28 Year, 18 Days
- Last Filing with ROC 31 Mar 2024
- Revenue -43.12%
(FY 2023)
- Profit 115.01%
(FY 2023)
- Ebitda 83.03%
(FY 2023)
- Net Worth 2.10%
(FY 2023)
- Total Assets -28.94%
(FY 2023)
About Progress Rail Innovations
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.
- 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
Company Details
- Location
New Delhi, India
- Telephone
- Email Address
- Website
- Social Media-
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 and Corporate Structure Insights 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
- Balance Sheet
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- Cash Flow
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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.
