Rayzon Solar Private Limited

Renewable energy company specializing in solar and biofuel products.

2022 | Surat, Gujarat (India) | Active
Last Updated:

Rayzon Solar Profile

Key Indicators

  • Authorised Capital ₹ 75.00 Cr
  • Paid Up Capital ₹ 3.00 Cr
  • Company Age 2 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 365.42 Cr
  • Revenue Growth 105.60%
  • Profit Growth 157.49%
  • Ebitda 150.43%
  • Net Worth 227.00%
  • Total Assets 143.10%

About Rayzon Solar

Rayzon Solar Private Limited (RSPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 June 2022 (Two years and nine months 7 days old ). Its registered office is in Surat, Gujarat, India.

The Company is engaged in the Energy And Power 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 75.00 Cr and a paid-up capital of Rs 3.00 Cr.

The company currently has active open charges totaling ₹365.42 Cr.

Chirag Devchandbhai, Hardik Kothiya, Ashokbhai Kothiya, and One other member serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29309GJ2022PTC133026

  • Company No.

    133026

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Jun 2022

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Energy and Power

Who are the key members and board of directors at Rayzon Solar?

Board Members (4)

NameDesignationAppointment DateStatus
Hardik Kothiya Country flag representing In Director 20-Jun-2022Current
Chirag Devchandbhai Country flag representing In Director 20-Jun-2022Current
Ashokbhai Kothiya Country flag representing In Director 20-Jun-2022Current
Devchandbhai Nakrani Country flag representing In Director 20-Jun-2022Current

Financial Performance of Rayzon Solar.

Rayzon Solar Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 105.6% increase. The company also saw a substantial improvement in profitability, with a 157.49% increase in profit. The company's net worth Soared by an impressive increase of 227%.

Rayzon Solar revenue growth over time
Rayzon Solar 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
105.60%
Revenue from Operations
105.70%
Total Assets
143.10%
Profit or Loss
157.49%
Net Worth
227.00%
EBITDA
150.43%

What is the Ownership and Shareholding Structure of Rayzon Solar?

In 2024, Rayzon Solar 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

₹365.42 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 223.61 Cr
  • Hdfc Bank Limited : 141.81 Cr

Latest Charge Details

DateLenderAmountStatus
11 Dec 2024Hdfc Bank Limited₹7.77 MOpen
24 Sep 2024Hdfc Bank Limited₹0.75 MOpen
20 Sep 2024Hdfc Bank Limited₹1.08 MOpen
18 Jul 2024Others₹40.00 CrOpen
16 Jul 2024Others₹48.00 CrOpen

How Many Employees Work at Rayzon Solar?

Rayzon Solar has a workforce of 1009 employees as of Jan 27, 2025. 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.

Employee growth trends for Rayzon Solar Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rayzon Solar, 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 Rayzon Solar'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 Rayzon Solar

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.78 Cr with Charge ID 101014585 was registered on 11 Dec 2024.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 140.85 Cr registered on 12 Dec 2022 with Charge ID 100666584 was modified on 23 Oct 2024.

  • Annual General Meeting

    Rayzon Solar Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.08 Cr with Charge ID 100980635 was registered on 24 Sep 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.11 Cr with Charge ID 100980824 was registered on 20 Sep 2024.

  • Charges

    A charge with Others amounted to Rs. 40.00 Cr with Charge ID 100959500 was registered on 18 Jul 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Rayzon Solar Private Limited?

    Rayzon Solar Private Limited was incorporated on 20 Jun 2022.

  • What is authorized share capital and paid-up capital of Rayzon Solar Private Limited?

    The authorized share capital of Rayzon Solar Private Limited is ₹ 75.00 Cr and paid-up capital is ₹ 3.00 Cr.

  • Who are the current board members & directors of Rayzon Solar Private Limited?

    Currently 4 directors are associated with Rayzon Solar Private Limited.

    • Chirag Nakrani Devchandbhai
    • Hardik Ashokbhai Kothiya
    • Ashokbhai Manjibhai Kothiya
    • Devchandbhai Kalubhai Nakrani

  • What is the registered address of Rayzon Solar Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Rayzon Solar Private Limited is 1104-1107 1109-1110 11Th Floor Millenium Business Hub Opp. Deep Kamal Mall Varachha Road Sarthana Jakatnaka, India, Surat City, Gujarat, 395006.

  • What is the corporate identification number (CIN) and company number of Rayzon Solar Private Limited?

    The corporate identification number (CIN) of Rayzon Solar Private Limited is U29309GJ2022PTC133026 and the company number is 133026 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Rayzon Solar Private Limited?

    The Official website of Rayzon Solar Private Limited is https://www.rayzonsolar.com

  • What has been the recent revenue trend for Rayzon Solar Private Limited?

    According to the financial reports for the fiscal year 2024, the revenue trend for Rayzon Solar Private Limited has risen by 105.60%.

  • How many employees does Rayzon Solar Private Limited currently have?

    As Per 2024 financial reports, 1009 employees are currently employed by Rayzon Solar Private Limited.

  • What change has been observed in the net worth of Rayzon Solar Private Limited, and by what percentage?

    The financial reports for the fiscal year 2024 indicates that The net worth of Rayzon Solar Private Limited has experienced an upsurge of 227.00%.

  • What are the total open charges for Rayzon Solar Private Limited?

    As per the financial statements for fiscal Year 2024, The total open charges for Rayzon Solar Private Limited amount to ₹ 365.42 Cr.

  • When was the last Balance Sheet of Rayzon Solar Private Limited filed with the ROC?

    The most recent Balance Sheet for Rayzon Solar Private Limited was filed with the ROC on 31 Mar 2024.

People also Viewed