Track Innovations (India) Pvt Ltd

Manufactures pre-stressed concrete monoblock line sleepers for Indian Railways.

1989 | Delhi (India) | Active
Last Updated: December 04, 2024

Track Innovations (India) Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.37 Cr
  • Company Age 35 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 19.00 Cr
  • Satisfied Charges ₹ 42.02 Cr
  • Revenue Growth 27.40%
  • Profit Growth 25.12%
  • Ebitda -184.61%
  • Net Worth 5.62%
  • Total Assets 69.89%

About Track Innovations (India)

Track Innovations (India) Pvt Ltd (TIIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 February 1989 and has a history of 35 years and 11 months. Its registered office is in Delhi, India.

The Company is engaged in the Transport And Logistics 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 1.50 Cr and a paid-up capital of Rs 1.37 Cr.

The company currently has active open charges totaling ₹19.00 Cr. The company has closed loans amounting to ₹42.02 Cr, as per Ministry of Corporate Affairs (MCA) records.

Damodar Padia and Amit Padia serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1989PTC034965

  • Company No.

    034965

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Feb 1989

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Transport and Logistics

Who are the key members and board of directors at Track Innovations (India)?

Board Members (2)

Name Designation Appointment Date Status
Damodar Padia Country flag representing In Director 08-Jan-2010 Current
Amit Padia Country flag representing In Director 11-Jan-2010 Current

Financial Performance of Track Innovations (India).

Track Innovations (India) Pvt Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 27.4% increase. The company also saw a substantial improvement in profitability, with a 25.12% increase in profit. The company's net worth moved up by a moderate rise of 5.62%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
27.40%
Revenue from Operations
27.25%
Total Assets
69.89%
Profit or Loss
25.12%
Net Worth
5.62%
EBITDA
-184.61%

What is the Ownership and Shareholding Structure of Track Innovations (India)?

In 2023, Track Innovations (India) had a promoter holding of 29.84% and a public holding of 70.16%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹19.00 Cr

Satisfied Charges

₹42.02 Cr

Charges Breakdown by Lending Institutions

  • Others : 19.00 Cr

Latest Charge Details

Date Lender Amount Status
29 Jul 2022 Others ₹19.00 Cr Open
12 Feb 2013 Tamilnad Mercantile Bank Limited ₹4.10 M Satisfied
08 Feb 2013 Tamilnad Mercantile Bank Limited ₹1.50 M Satisfied
09 Nov 2012 Tamilnad Mercantile Bank Limited ₹3.00 Cr Satisfied
24 Nov 2011 Tamilnad Mercantile Bank Limited ₹2.00 Cr Satisfied

How Many Employees Work at Track Innovations (India)?

Track Innovations (India) has a workforce of 2 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Track Innovations (India), 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 Track Innovations (India)'s trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Track Innovations (India)

Recent activity within the organization

  • Annual General Meeting

    Track Innovations (India) Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Track Innovations (India) Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 19.00 Cr with Charge ID 100603988 was registered on 29 Jul 2022.

    29 Jul 2022

  • Charges

    A charge registered on 17 Feb 2010 via Charge ID 10232772 with Tamilnad Mercantile Bank Limited was fully satisfied on 01 Jul 2022.

    01 Jul 2022

  • Charges

    A charge registered on 12 Feb 2013 via Charge ID 10402957 with Tamilnad Mercantile Bank Limited was fully satisfied on 19 Nov 2018.

    19 Nov 2018

  • Charges

    A charge registered on 08 Feb 2013 via Charge ID 10402739 with Tamilnad Mercantile Bank Limited was fully satisfied on 19 Nov 2018.

    19 Nov 2018

Frequently asked questions

  • Track Innovations (India) Pvt Ltd was incorporated on 08 Feb 1989.

  • The authorized share capital of Track Innovations (India) Pvt Ltd is ₹ 1.50 Cr and paid-up capital is ₹ 1.37 Cr.

  • Currently 2 directors are associated with Track Innovations (India) Pvt Ltd.

    • Damodar Padia
    • Amit Padia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Track Innovations (India) Pvt Ltd is A-17 Whs, Timber Market Kirti Nagar India, New Delhi, 110015.

  • The corporate identification number (CIN) of Track Innovations (India) Pvt Ltd is U74899DL1989PTC034965 and the company number is 034965 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Track Innovations (India) Pvt Ltd has risen by 27.40%.

  • As Per 2022 financial reports, 2 employees are currently employed by Track Innovations (India) Pvt Ltd.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Track Innovations (India) Pvt Ltd has experienced an upsurge of 5.62%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Track Innovations (India) Pvt Ltd amount to ₹ 19.00 Cr.

  • The most recent Balance Sheet for Track Innovations (India) Pvt Ltd was filed with the ROC on 31 Mar 2024.

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