Track Systems India Private Limited

Manufactures tracks and under carriage components for defense, railways, and engineering industries.

2008 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated: October 23, 2024

Track Systems India Profile

Key Indicators

  • Authorised Capital ₹ 3.50 Cr
  • Paid Up Capital ₹ 3.50 M
  • Company Age 16 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 27.00 Cr
  • Satisfied Charges ₹ 10.00 Cr
  • Revenue Growth -0.07%
  • Profit Growth 20.22%
  • Ebitda 20.02%
  • Net Worth -3.24%
  • Total Assets -3.06%

About Track Systems India

Track Systems India Private Limited (TSIPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 October 2008 and has a history of 16 years and three months. Its registered office is in Kanchipuram, Tamil Nadu, 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 2023. It's a company limited by shares with an authorized capital of Rs 3.50 Cr and a paid-up capital of Rs 3.50 M.

The company currently has active open charges totaling ₹27.00 Cr. The company has closed loans amounting to ₹10.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Dipak Sood, Ranjit Abraham, Kunal Sood, and One other member serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51505TN2008PTC069650

  • Company No.

    069650

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Oct 2008

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Transport and Logistics

Who are the key members and board of directors at Track Systems India?

Board Members (4)

Name Designation Appointment Date Status
Dipak Sood Country flag representing In Director 01-Feb-2010 Current
Ranjit Abraham Country flag representing In Director 23-Oct-2008 Current
Kunal Sood Country flag representing In Director 26-Mar-2022 Current
Reiner Schuster Country flag representing De Director 26-Mar-2022 Current

Financial Performance of Track Systems India.

Track Systems India Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.07% decrease. The company also saw a substantial improvement in profitability, with a 20.22% increase in profit. The company's net worth dipped by a decrease of 3.24%.

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
-0.07%
Revenue from Operations
Total Assets
-3.06%
Profit or Loss
20.22%
Net Worth
-3.24%
EBITDA
20.02%

What is the Ownership and Shareholding Structure of Track Systems India?

In 2023, Track Systems India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹27.00 Cr

Satisfied Charges

₹10.00 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 25.00 Cr
  • Hdfc Bank Limited : 2.00 Cr

Latest Charge Details

Date Lender Amount Status
29 Jan 2024 Axis Bank Limited ₹25.00 Cr Open
03 Jun 2023 Hdfc Bank Limited ₹2.00 Cr Open
03 May 2018 Axis Bank Limited ₹10.00 Cr Satisfied

How Many Employees Work at Track Systems India?

Track Systems India has a workforce of 1 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Track Systems 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 Systems 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 Systems India

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 25.00 Cr registered on 29 Jan 2024 with Charge ID 100887701 was modified on 29 Aug 2024.

    29 Aug 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 25.00 Cr with Charge ID 100887701 was registered on 29 Jan 2024.

    29 Jan 2024

  • Annual General Meeting

    Track Systems India Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100765155 was registered on 03 Jun 2023.

    03 Jun 2023

  • Balance Sheet

    Track Systems India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge registered on 03 May 2018 via Charge ID 100176879 with Axis Bank Limited was fully satisfied on 22 Sep 2022.

    22 Sep 2022

Frequently asked questions

  • Track Systems India Private Limited was incorporated on 23 Oct 2008.

  • The authorized share capital of Track Systems India Private Limited is ₹ 3.50 Cr and paid-up capital is ₹ 3.50 M.

  • Currently 4 directors are associated with Track Systems India Private Limited.

    • Dipak Raj Sood
    • Ranjit Abraham
    • Kunal Sood
    • Reiner Walter Schuster
  • As per Ministry of Corporate Affairs (Mca), the registered address of Track Systems India Private Limited is A1 J Industrial Area, Maraimalai Nagar India, Chennai, Tamil Nadu, 603209.

  • The corporate identification number (CIN) of Track Systems India Private Limited is U51505TN2008PTC069650 and the company number is 069650 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Track Systems India Private Limited is https://www.indiaforge.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Track Systems India Private Limited has fallen by -0.07%.

  • As Per 2023 financial reports, 1 employees are currently employed by Track Systems India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Track Systems India Private Limited has experienced an downturn of -3.24%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Track Systems India Private Limited amount to ₹ 27.00 Cr.

  • The most recent Balance Sheet for Track Systems India Private Limited was filed with the ROC on 31 Mar 2023.

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