MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-GJ-01-0019219
Ray Secure Innovations Private Limited - information technology in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹12.1 Cr
▲ 194% YoY
Net profit · FY 2025
₹1.25 Cr
Net margin 10.3%
EBITDA · FY 2025
₹1.94 Cr
EBITDA margin 16%
Authorised capital
₹1.5 Lakh
Registered with MCA
Paid-up capital
₹1.11 Lakh
Issued & subscribed
Open charges
₹55.7 Lakh
Satisfied ₹99 Lakh
Company age
13 yrs
Est. 2013
Directors on board
3
As per MCA filings
About Ray Secure Innovations Private Limited
Data last updated:
Ray Secure Innovations Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 13 March 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2013PTC073953. Its GSTIN is 24AAECT5693D2Z9 (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.5 Lakh and a paid-up capital of ₹1.11 Lakh. It is led by directors including Hemal Chandrakant Patel and Chirayu Chandrakant Patel.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.1 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.25 Cr (net margin 10.3%) and EBITDA of ₹1.94 Cr (EBITDA margin 16%). Revenue has grown at a compounded annual rate (CAGR) of 101% over three years and 43% over five years.
The company is associated with 1 brand: Truecom Telesoft. As per MCA filings, the company has open charges of ₹55.7 Lakh and satisfied charges of ₹99 Lakh on record.
Ray Secure Innovations Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0019219). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website truecomtelesoft.com.
Company details
CIN U72200GJ2013PTC073953
Registration Number 073953
Incorporation Date 13 March 2013
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-GJ-01-0019219
Key People
Hemal Chandrakant Patel Director Chirayu Chandrakant Patel Director Sarath Kumar Nominee Director Recognitions & Rankings of Ray Secure Innovations
Contact details
Ray Secure Innovations Private Limited's registered office is in Ahmedabad, Gujarat. Its website is truecomtelesoft.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA/7 3rd Floor Safal Profitaire, Corporate Road Prahladnagar, Ahmedabad, Gujarat, India – 380015
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Ray Secure Innovations Private Limited, buy the company report.
Comprehensive company report
Ray Secure Innovations Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Brands
Ray Secure Innovations operates one associated brand: Truecom Telesoft. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers WiFi management solutions for carriers, ISPs, and enterprise networks. | truecomtelesoft.com |
Business activity
The main business activity of Ray Secure Innovations is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Ray Secure Innovations Private Limited, buy the company report.
Financials of Ray Secure Innovations Private Limited
FY 2025 filings availableRay Secure Innovations Private Limited reported revenue of ₹12.1 Cr (up 194% YoY) for FY 2025.
Revenue · FY 2025
₹12.1 Cr ▲ 194%
Net profit · FY 2025
₹1.25 Cr margin 10.3%
EBITDA · FY 2025
₹1.94 Cr margin 16%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 194%
3 years · compounded
▲ 101%
5 years · compounded
▲ 43%
EBITDA CAGR growth
1 year
▲ 132%
3 years · compounded
▲ 56%
5 years · compounded
▲ 23%
Revenue has grown at a compounded annual rate (CAGR) of 43% over five years, including 194% growth in the latest year. EBITDA rose 132% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹12.1 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹1.94 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.25 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16% | ||||
| Net Profit Margin | 10.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ray Secure Innovations Private Limited, buy the company report.
Board of directors of Ray Secure Innovations Private Limited
Ray Secure Innovations has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemal Chandrakant Patel | Director | 25 Aug 2017 | 9 Years 1 Months | Current |
| Chirayu Chandrakant Patel | Director | 24 Aug 2016 | 10 Years 1 Months | Current |
| Sarath Kumar | Nominee Director | 31 Mar 2026 | 0 Years 6 Months | Current |
Peer comparison
Ray Secure Innovations Private Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (Software Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Akshay Software Technologies Private Limited | ₹12.1 Cr (FY 2025) | -1.0% | Navi Mumbai, Maharashtra, India | |||
| Ray Secure Innovations Private Limitedthis company | ₹12.1 Cr (FY 2025) | ₹1.25 Cr | 10.3% | 194.0% | Ahmedabad, Gujarat, India | |
| Vkraft Software Services Private Limited | ₹12.08 Cr (FY 2024) | 29.0% | Nashik, Maharashtra, India | |||
| Imageprovision Technology Private Limited | ₹12.05 Cr (FY 2025) | 14.0% | Pune, Maharashtra, India | |||
| Invensoft Technologies Private Limited | ₹11.97 Cr (FY 2025) | 15.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Ray Secure Innovations Private Limited, buy the company report.
Auditor
Ray Secure Innovations Private Limited is audited by Thummar & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Thummar & Co. | FY 2024 | 615657 |
Shareholding
The shareholding of Ray Secure Innovations Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ray Secure Innovations Private Limited, buy the company report.
Charges & borrowings
Open charges
₹55.7 Lakh
Satisfied charges
₹99 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Dec 2025 | 101221991 | Others | ₹28.7 Lakh | Open | |
| 12 Dec 2025 | 101221998 | Others | ₹27 Lakh | Open | |
| 25 Aug 2020 | 100369445 | Hdfc Bank Limited | ₹99 Lakh | Satisfied |
To see the full charge records of Ray Secure Innovations Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Ray Secure Innovations Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ray Secure Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ray Secure Innovations has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECT5693D2Z9 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ray Secure Innovations Private Limited, buy the company report.
Recent activity
Ray Secure Innovations Private Limited has 6 board changes on record since 2016: 3 appointments and 3 cessations. The latest: Sarath Kumar was appointed as Nominee Director on 31 Mar 2026.
Charges
A charge registered on 25 Aug 2020 via Charge ID 100369445 with Hdfc Bank Limited was fully satisfied on 30 Apr 2026.
Appointed
Sarath Kumar was appointed as Nominee Director.
Charges
A charge with Others amounted to Rs. 28.70 Lakh with Charge ID 101221991 was registered on 12 Dec 2025.
Charges
A charge with Others amounted to Rs. 27.00 Lakh with Charge ID 101221998 was registered on 12 Dec 2025.
AGM
Ray Secure Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ray Secure Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 99.00 Lakh with Charge ID 100369445 was registered on 25 Aug 2020.
Ceased
Dilip Kesharisingh Jhala ceased to be Director.
Appointed
Hemal Chandrakant Patel was appointed as Director.
Ceased
Ranjan Dilip Jhala ceased to be Director.
Ceased
Birva Hemal Patel ceased to be Additional Director.
Appointed
Chirayu Chandrakant Patel was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Ray Secure Innovations is an active private limited company based in Ahmedabad, Gujarat, India. The company works in software development and support services, within the information technology industry. It was incorporated on 13 March 2013 (13+ years old) and is registered under CIN U72200GJ2013PTC073953.
Ray Secure Innovations has 3 current directors:
- Hemal Chandrakant Patel - Director
- Chirayu Chandrakant Patel - Director
- Sarath Kumar - Nominee Director
The latest financial statements of Ray Secure Innovations on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ray Secure Innovations is 24AAECT5693D2Z9, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Ray Secure Innovations is U72200GJ2013PTC073953. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ray Secure Innovations was incorporated on 13 March 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Ray Secure Innovations by revenue are Akshay Software Technologies Private Limited, Vkraft Software Services Private Limited, Imageprovision Technology Private Limited, Invensoft Technologies Private Limited, all in the Information Technology industry (Software Services), with the same principal business activity (computer programming, consultancy and related activities).
Sarath Kumar was appointed as Nominee Director on 31 Mar 2026. Dilip Kesharisingh Jhala ceased to be Director on 25 Aug 2017. Hemal Chandrakant Patel was appointed as Director on 25 Aug 2017. Ray Secure Innovations has 6 board changes on record in total.
Yes, Ray Secure Innovations is registered as an MSME under Udyam registration (number: UDYAM-GJ-01-0019219).
Ray Secure Innovations can be reached through the website truecomtelesoft.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Ray Secure Innovations is at A7 3rd Floor Safal Profitaire, Corporate Road Prahladnagar, Ahmedabad, Gujarat, India – 380015.