Ray Industries Private Limited
About Ray Industries Private Limited
Data last updated:
Ray Industries Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the horticultural specialties and nursery products segment of the agriculture sector. It was incorporated on 14 June 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U01122OR2007PTC009386.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹18.5 Lakh. It was formerly known as Mayfair Industries Private Limited. It is led by directors Norma Mahanty (Managing Director) and Babubhai Ravaria.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bhubaneswar, Odisha.
Court records list 4 cases involving the company, including 4 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressPlot No – 1 Janpath Kharvel Nagar ( East ), Near Chandrama Complex Bhubaneshwar – 751001, Bhubaneswar, Odisha, India – 751001
- IndustryAgriculture, Horticultural Specialties & Nursery Products, Horticultural Specialties Seeds, Horticulture, Vegetables, Market Gardening
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Financials of Ray Industries Private Limited FY 2025 filings available
Financial Statement Summary of Ray Industries Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• |
| Balance Sheet | |||
| Share Capital | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• |
Financial Ratios of Ray Industries Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• |
| Liquidity and Debt | |||
| Current Ratio | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• |
| Efficiency and Growth | |||
| Asset Turnover | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ray Industries are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Ray Industries Private Limited
Ray Industries Private Limited is audited by PATNAIK & CO. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PATNAIK & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Ray Industries Private Limited
Ray Industries has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Norma Mahanty | Managing Director | 11 Mar 2011 | 15 Years 6 Months | Current |
| Babubhai Ravaria | Additional Director | 07 Jun 2025 | 1 Years 4 Months | Current |
Ownership and Shareholding of Ray Industries Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ray Industries Private Limited
Ray Industries Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Ray Industries Private Limited
Ray Industries Private Limited has 4 court cases on record: 4 filed against it. All cases are disposed. Status as checked between 02 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Cuttack, Odisha | Court case (2 (c)cc) | Filed against the company by Registrar of Companies,Odisha | Disposed |
| District court, Cuttack, Odisha | Court case (2 (c)cc) | Filed against the company by Registrar of Companies, Orissa | Disposed |
| District court, Cuttack, Odisha | Court case (2 (c)cc) | Filed against the company by Registrar of Companies, Orissa | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Ray Industries Private Limited
Employment history and EPFO contributions of people linked to Ray Industries.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Ray Industries Private Limited
Ray Industries Private Limited has 8 board changes on record since 2007: 3 appointments and 5 cessations. The latest: Babubhai Ravaria was appointed as Additional Director on 07 Jun 2025.
Credit Ratings, Litigation & Regulatory Alerts for Ray Industries Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Ray Industries Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ray Industries Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ray Industries Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ray Industries Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ray Industries Private Limited
Ray Industries is an active private limited company based in Bhubaneswar, Odisha, India. The company works in horticultural specialties and nursery products, within the agriculture industry. It was incorporated on 14 June 2007 (19+ years old) and is registered under CIN U01122OR2007PTC009386.
Ray Industries has 2 current directors:
- Norma Mahanty - Managing Director
- Babubhai Ravaria - Additional Director
The CIN (Corporate Identification Number) of Ray Industries is U01122OR2007PTC009386. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ray Industries has 4 court cases on record: 4 filed against it.
Ray Industries was incorporated on 14 June 2007, making it 19+ years old. It is registered with the Registrar of Companies, Cuttack.
Babubhai Ravaria was appointed as Additional Director on 07 Jun 2025. Prasanna Kumar Nanda ceased to be Additional Director on 04 Jun 2025. Prasanna Kumar Nanda was appointed as Additional Director on 01 Dec 2023. Ray Industries has 8 board changes on record in total.
The registered office of Ray Industries is at Plot No – 1 Janpath Kharvel Nagar East , Near Chandrama Complex Bhubaneshwar – 751001, Bhubaneswar, Odisha, India – 751001.
Ray Industries has an authorised share capital of ₹3 Cr and a paid-up capital of ₹18.5 Lakh.
Ray Industries operates in the agriculture industry, in the horticultural specialties and nursery products segment.
No. Ray Industries is not listed on any stock exchange. It is an unlisted company.