Central Provinces Railway - Old Post - Reprinted

 2016 Post

December 31, 2016

Central Province Railway - Nationalisation ?? / Bonanza For Shareholders

Central Provinces Railway Company

Is Govt. nationalising Central Province Railway Co.?

http://smartinvestor.business-standard.com/market/story-420467-storydet-Govt_to_take_over_Shakuntala_only_private_railway_line.htm#.WGfV4tR95kg

Would the compensation mean a bonanza  for Central Province Railway shareholders as its  capital based is only Rs. 5 lakh 64 ,000 ( around 56 Thousand shares of Rs.10 each ) ? 
-------------- There is , also  underway , a move for Preferential allotment of Equity shares:-

http://www.business-standard.com/article/news-cm/board-of-central-provinces-railways-company-approves-preferential-allotment-of-shares-116111200235_1.html===========
VERY UNIQUE ( RARE COMPANY ) in Operation Since 1910.

The Central Province Railway Company (CPRC), or the Shakuntala Railway, was founded in 1910 by Killick Nixon, then a British firm,

http://news.bbc.co.uk/2/hi/south_asia/4041983.stm

http://economictimes.indiatimes.com/slideshows/infrastructure/shakuntala-railways-indias-only-private-railway-line/future/slideshow/55924729.cms

Running Trains ( Shakuntala Express ) between Yavatmal and Murtijapur ( Maharashtra ) . Length 189 Kilometers.

The Railway line was build in the 19 th Century originally to transport Indian cotton to the textile Mills of Manchester ( England ) 

https://en.wikipedia.org/wiki/Shakuntala_Railway

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Probably the only listed Privately Owned Passenger Rail Company  still running ( Other Listed  Share is CONCOR - Container Corp. but this is a Govt. Company and in container and not passenger transport )

http://www.india.com/travel/articles/shakuntala-railways-you-wont-believe-why-indian-railways-pays-a-british-company-to-run-a-train-in-india/

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Central Province Railways Reduces Share Capital by 94 %

The Central Province Railways Company Limited

Probably the only listed Privately Owned Passenger Rail Company  still running ( Other Listed  Share is CONCOR - Container Corp. but this is a Govt. Company and in container and not passenger transport )

http://www.rareindianshares.info/2015/02/central-provinces-railway-company.html

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January 27, 2016

Central Province Railways have reduced their share capital by 94 % from Rs. 94 lakh to Rs. 5 Lakh 64,000 ( Share Rs. 10 Paid Up )  being set off against accumulated Loss of Rs.1 crore 44 lakh as on 31/03/2014.

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With a Share Capital , now , of Rs. 5 Lakh 64,000 ( 56,400 shares of Rs. 10 each ) Central Province Railway , probably , has the Lowest Equity Capital among Listed Companies.

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2013-14

Central Provinces Railway


Share Capital : Rs. 94 Lakh

Balance Sheet

http://www.moneycontrol.com/financials/centralprovincesrailwaycompany/balance-sheet/CPR#CPR

Annual Report 2013-14

http://www.moneycontrol.com/annual-report/centralprovincesrailwaycompany/CPR/2014

Company's Official Website

http://www.thecentralprovincerailways.com/

General Warning : Investment in Shares Can be Injurious to Your  WEALTH

Caution :The blog writer has personal/ family members' holdings in this company , so please make suitable "provisions " for likely over optimism

( NB : All information given in good faith. Please recheck all facts. No responsibility taken by this author / blog . )