Progress Rail Innovations Private Limited - Company overview

Registered with ROC Delhi on 2 December 1996, Progress Rail Innovations Private Limited is an active private limited company that has been a…

1996-12-02 Delhi, Delhi Active Unlisted Active Compliant
Connect MCP

Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹50–100 Cr
▼ -43.1%
FY 2023
PROFIT / LOSS
₹1–5 Cr
▲ 115.0%
FY 2023
EBITDA
Loss · ₹1–5 Cr
▲ 78.3%
FY 2023
NET WORTH
₹100–500 Cr
▲ 2.1%
FY 2023
TOTAL ASSETS
₹100–500 Cr
▼ -28.5%
FY 2023
EMPLOYEE COUNT
91–100
OPEN CHARGES
-
-
PAID-UP CAPITAL
7.39 cr
AUTHORISED CAPITAL
50.40 cr
COMPANY AGE
29 Years 10 Months
since 1996-12-02
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-09-30
ACTIVE GST
7
Updated: 2023-02-21 16:11:25
TOTAL MONEY RAISED
₹25–50 Cr
SATISFIED CHARGES
-
-

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Progress Rail Innovations Private Limited covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Low risk
81/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (81), financial health (70), director (85) and company-foundation signals.
  • Operating for 29+ years.
Compliance Score Low risk
81/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2025 - slightly behind.
Financial Health Score Moderate
70/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2023.
  • Positive net worth.
Director Risk Score Low risk
85/100
Board strength, DIN status and churn.
  • 4 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Progress Rail Innovations Private Limited Company identity, industry, contact, and registration details from MCA and company records.

Registered with ROC Delhi on 2 December 1996, Progress Rail Innovations Private Limited is an active private limited company that has been around for more than 29 years. The registered office is at 800, Meridian Commercial Tower 8Th Floor, Windsor Place, Delhi. Earlier names on record include Emd Locomotive Technologies Private Limited and Gm Locomotive Group India Pvt Ltd.

In its MCA filings the main business is listed as other support services to organizations, which made up 58.2% of turnover.

It has four directors: Shivanshu Narendra Kaushik, Kelly Bouldin Roney, Colin Jon Kerelchuk and Vijay Kumar. The longest-serving is Kelly Bouldin Roney, on the board since 2022; the most recent to join is Shivanshu Narendra Kaushik, appointed in December 2023. 18 former directors are on record; the most recent to leave was Desai Raosaheb Mallikarjun in March 2022.

₹7.39 crore of its ₹50.4 crore authorised capital is paid up (about 15%). Its latest balance sheet on MCA is for the year ending 31 March 2025, and the last AGM was on 30 September 2025. No charges (secured loans) are registered against it.

Automotive ••••••••
  • Location 800, Meridian Commercial Tower 8Th Floor, Windsor Place,, Delhi, Delhi - 110001
  • Website progressrail.com
Name History
Legal NameProgress Rail Innovations Private Limited
CIN / LLPINU35201DL1996PTC083567
Company No.083567
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date1996-12-02
Date of AGM2025-09-30
Date of Balance Sheet2025-03-31
Listing StatusUnlisted
ROC CodeRoc Delhi
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Progress Rail Innovations Private Limited (4) Current board members from MCA filings, including designation and appointment details.

S
Shivanshu Narendra Kaushik
Director | Since 2023-12-07 | DIN: 10409736
K
Kelly Bouldin Roney
Director | Since 2022-03-10 | DIN: 09523425
C
Colin Jon Kerelchuk
Director | Since 2022-03-10 | DIN: 09502320
V
Vijay Kumar
Director | Since 2022-03-10 | DIN: 09489841

Financial Performance of Progress Rail Innovations Private Limited Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2023
Revenue ₹50–100 Cr ▼ -43.1%
P&L ₹1–5 Cr ▲ 115.0%
EBITDA Loss · ₹1–5 Cr ▲ 78.3%
Net worth ₹100–500 Cr ▲ 2.1%

Exact figures and labelled charts require an active report plan.

Verified entity values are shown only after access is granted.

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
Support service to OrganizationsOther support services to organizations58.2
ManufacturingMotor vehicles, trailers, semi trailers and other Transport Vehicles41.8

Financial Ratios of Progress Rail Innovations Private Limited Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

9 years of ratios on record

Profitability, leverage and liquidity ratios require an active report plan.

Net profit margin Debt / Equity Current ratio ROE

Unlock exact ratio values and multi-year insights.

Verified entity values are shown only after access is granted.

Shareholding Pattern of Progress Rail Innovations Private Limited Ownership and contribution detail from filings. Full breakdown unlocks with your report.

8 shareholder categories on record

Ownership mix and contribution history require an active report plan.

Ownership mix Category breakdown Year-wise pattern Promoter holding

Unlock full ownership and contribution details.

Verified entity values are shown only after access is granted.

Employees and EPFO Compliance at Progress Rail Innovations Private Limited EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.

Monthly headcount PF contributions ECR filing status Establishment history

Employee and EPFO history require an active report plan.

Verified entity values are shown only after access is granted.

GST Compliance of Progress Rail Innovations Private Limited GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

GST registrations and filing compliance require an active report plan.

Verified entity values are shown only after access is granted.

Credit Ratings, Litigation & Regulatory Alerts for Progress Rail Innovations Private Limited Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.

Rating history Court and tribunal cases Regulatory alerts Director-linked violations

Credit ratings, litigation, and regulatory alerts require an active report plan.

Verified entity values are shown only after access is granted.

MSME Payment Delays by Progress Rail Innovations Private Limited MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

MSME payment history requires an active report plan.

Verified entity values are shown only after access is granted.

MCA Filings & Documents of Progress Rail Innovations Private Limited Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index

MCA filings and documents require an active report plan.

Verified entity values are shown only after access is granted.

Frequently Asked Questions about Progress Rail Innovations Private Limited Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Progress Rail Innovations Private Limited?
MCA does not publish an "owner" field. Progress Rail Innovations Private Limited is run by its directors, Shivanshu Narendra Kaushik, Kelly Bouldin Roney, Colin Jon Kerelchuk and one other. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of Progress Rail Innovations Private Limited?
Progress Rail Innovations Private Limited has four current directors: Shivanshu Narendra Kaushik (since December 2023), Kelly Bouldin Roney (since March 2022), Colin Jon Kerelchuk (since March 2022) and Vijay Kumar (since March 2022).
What is CIN of Progress Rail Innovations Private Limited?
The CIN of Progress Rail Innovations Private Limited is U35201DL1996PTC083567. Reading it left to right: U means it is not listed, 35201 is the industry code it registered under, DL is Delhi, 1996 is the year it was registered, PTC is the company type and 083567 is its registration number.
When was Progress Rail Innovations Private Limited incorporated?
Progress Rail Innovations Private Limited was incorporated on 2 December 1996 with ROC Delhi. That makes it more than 29 years old.
What is the registered address of Progress Rail Innovations Private Limited?
The registered office on MCA records is 800, Meridian Commercial Tower 8Th Floor, Windsor Place, Delhi - 110001.
What is the current status of Progress Rail Innovations Private Limited?
MCA shows Progress Rail Innovations Private Limited as Active, and its last AGM on record was in September 2025.
What is the contact number or email for Progress Rail Innovations Private Limited?
You can post to its registered office at 800, Meridian Commercial Tower 8Th Floor, Windsor Place, Delhi, Delhi - 110001 and use its website, https://progressrail.com.
What industry or business activity is Progress Rail Innovations Private Limited associated with?
Its MCA filings list the main business as other support services to organizations (58.2% of turnover).
What is paid-up capital and authorised share capital of Progress Rail Innovations Private Limited?
Paid-up capital is ₹7.39 crore and authorised capital is ₹50.4 crore, so about 15% of the authorised amount has been issued.
When did Progress Rail Innovations Private Limited last file accounts and hold an AGM?
The last AGM on record was on 30 September 2025, and the latest balance sheet is for the year ending 31 March 2025.
Where can I see charges and lenders for Progress Rail Innovations Private Limited?
MCA shows no charges registered against Progress Rail Innovations Private Limited, so no assets are pledged for a registered secured loan.
Have any directors left Progress Rail Innovations Private Limited?
Yes, 18 former directors are on record. The most recent to leave were Desai Raosaheb Mallikarjun (March 2022), Martin Albert Haycraft (March 2022) and Sanjeev Kumar (November 2021).
What is the turnover or revenue of Progress Rail Innovations Private Limited?
Based on filed financial statements, the revenue of Progress Rail Innovations Private Limited for FY 2023 was in the ₹50–100 Cr range. That is down 43.1% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Progress Rail Innovations Private Limited?
For FY 2023, the net worth of Progress Rail Innovations Private Limited was in the ₹100–500 Cr range.
How can I get the financial details of Progress Rail Innovations Private Limited?
The latest accounts on record are for FY 2023. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Progress Rail Innovations Private Limited?
The website on record for Progress Rail Innovations Private Limited is https://progressrail.com.
Which company owns progressrail.com?
progressrail.com is the website listed for Progress Rail Innovations Private Limited in its company records.
Progress Rail Innovations Private Limited - is it listed or unlisted?
Progress Rail Innovations Private Limited is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of Progress Rail Innovations Private Limited?
Progress Rail Innovations Private Limited is registered with ROC Delhi.
What is the company classification of Progress Rail Innovations Private Limited?
MCA classifies Progress Rail Innovations Private Limited as: Private Limited Indian Non-Government Company.
Does Progress Rail Innovations Private Limited have GST registrations on file?
Yes, 7 active GST registrations are linked to Progress Rail Innovations Private Limited, usually one per state it operates in.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.