The members meet on the third Sunday of every month. Until March 2001 the meetings used to be held at the members homes by rotation, but from April 2001 the venue has been fixed at the Joshi's Museum of Miniature Railways, timing 9.30 am.

The annual meeting of the Society is held on the Sunday nearest to 16th July.

The society holds a meeting at the Pune Railway Station every 16th April at 7 am ( the day railways started in India).

The society arranges lectures by various experts on any and all aspects of Railways, including administration, civil work, signaling, rolling stock, locomotives, track technology, communication in railways etc.

Outings to various places of interest from the railway point of view are also arranged periodically. Recently the members visited some sites of the Konkan Railway, one of the most ambitious projects in India in recent times.

The Society also publishes a periodical Wheel on Steel.

The current office bearers are:

President : Dr. Shirish Yande

Secretary : Dr. Ravi Joshi

Asst. Sec. : Mr. Amod Gune

Treasurer : Mr. Sudhakar Pandit

Advisors : Mrs. Lata Joshi, Mr. Raman Chitale, Mr. P. M. Joshi