About Raymagic
Raymagic is an Energy & Utilities company based in Pune (India) founded in 2013. It offers solar power generation, EPC services, and manufacturing in renewable energy. It operates on a B2B and B2C model. The company has 1 employees. Its Indian entity Raymagic Green Energy Private Limited reported revenue of ₹1.19 Cr. Raymagic offers products and services including Rooftop Solar, Ground Mounted Solar, Solar Water Heater, Solar Power Plant, and Solar Lights. Its focus areas include Energy, Renewable Energy, Solar and Manufacturing. Its competitors include SolarSquare, ZunRoof and Oorjan; 3 of its 3 listed competitors have raised funding.
Company details
Raymagic Green Energy Pvt. Ltd. is a solar EPC company based in Pune, India, focusing on manufacturing, distribution, and engineering procurement construction for solar projects. They deliver turnkey services for rooftop solar, ground-mounted solar, and other products, reducing costs through value engineering. Serving residential, commercial, and industrial clients, they promote sustainable energy with certifications like ISO 9001:2015.
- Headquarters Pune, India
- Employees 1
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website raymagic.in
- Social LinkedIn YouTube
- Legal Name Raymagic Green Energy Private Limited
- Date of Incorporation 28 Dec, 2022
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹1.19 Cr
FY 2024 · +377% YoY
- Net Profit₹2.5 Lakh
FY 2024 · 2% margin
- EBITDA₹4.1 Lakh
FY 2024 · 3% margin
- Employee Count1
Associated legal entities of Raymagic
Raymagic operates through Raymagic Green Energy Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Raymagic Green Energy Private Limited CIN U32107PN2022PTC217362 | Active | 28 Dec 2022 | Pune, Maharashtra | ₹1.2 Cr | 2 | View details |
Products & Services of Raymagic
Raymagic offers a comprehensive portfolio of products and services, including Rooftop Solar, Ground Mounted Solar, Solar Water Heater, Solar Power Plant, and Solar Lights.
System for generating electricity on building roofs using solar panels.
Panels installed on ground for large-scale solar energy production.
Device that heats water using sunlight for residential use.
Facility converting solar radiation into electricity for various applications.
LED lamps powered by solar energy for outdoor illumination.
Various devices using sunlight for energy, heat, or electricity.
Apps and channels of Raymagic
its YouTube channel Solarwala - Maha Solar Expo has 39 subscribers and 30 videos.
Videos from Raymagic
The most watched videos on Raymagic's YouTube channel, Solarwala - Maha Solar Expo (39 subscribers). Click a video to play it here.
More on Solarwala - Maha Solar Expo.
Board of directors of Raymagic Green Energy Private Limited (Raymagic)
Raymagic Green Energy Private Limited is the primary company behind Raymagic. The board of Raymagic Green Energy Private Limited currently have 2 directors; the longest-serving is Priyadarshana Dattatraya Gosavi, appointed in 2022.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Priyadarshana Dattatraya Gosavi DIN 09840670 | Director | 28 Dec 2022 | 3 yrs 10 mo | Raymagic Green Energy Private Limited |
| Yogesh Dattatraya Gosavi DIN 08823743 | Managing Director | 28 Dec 2022 | 3 yrs 10 mo | Raymagic Green Energy Private Limited |
Financials of Raymagic
Figures of Raymagic Green Energy Private Limited, the primary company behind Raymagic, for FY 2024. Revenue was ₹1.19 Cr (+377% year on year). Net profit was ₹2.5 Lakh (2% margin). EBITDA was ₹4.1 Lakh (3% margin).
- ₹1.19 CrRevenue · FY 2024 · +377% YoY
- ₹2.5 LakhNet profit · 2% margin
- ₹4.1 LakhEBITDA · 3% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Raymagic Green Energy Private Limited are on its company page.
Detailed financial statements for Raymagic
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Raymagic
Raymagic has 3 listed competitors in our database, 3 of them funded. They include SolarSquare, ZunRoof and Oorjan.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| solarsquare.in | 2015 | Mumbai, India | $61.07M | 1,463 | Provider of solar panel installation services | |
| zunroof.com | 2016 | Gurugram, India | $17.97M | 73 | Provider of solar panel installation and O&M services | |
| oorjan.com | 2014 | Mumbai, India | $655,037 | 85 | Solar project financing and development |
Detailed competitors of Raymagic
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Raymagic (Renewable & Sustainable Energy) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 111.38 M | USD 2.77 B | 8,690 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Raymagic
Raymagic was founded in 2013.
Raymagic is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Raymagic has 1 employees.
The primary company behind Raymagic, Raymagic Green Energy Private Limited, reported revenue of ₹1.19 Cr for FY 2024, up 377% year on year.
Raymagic Green Energy Pvt. Ltd. is a solar EPC company based in Pune, India, focusing on manufacturing, distribution, and engineering procurement construction for solar projects. They deliver turnkey services for rooftop solar, ground-mounted solar, and other products, reducing costs through value engineering. Serving residential, commercial, and industrial clients, they promote sustainable energy with certifications like ISO 9001:2015.
Raymagic's top competitors include SolarSquare, Oorjan and ZunRoof.
Raymagic offers Rooftop Solar, Ground Mounted Solar, Solar Water Heater, Solar Power Plant, and 2 more products and services.
Raymagic operates through Raymagic Green Energy Private Limited.
The legal entities of Raymagic currently have 2 directors, including Priyadarshana Dattatraya Gosavi, Yogesh Dattatraya Gosavi.