Startup India Government of India
Ray Speed Solutions Private Limited - engineering in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.63 Cr
▲ 1058560% YoY
Net profit · FY 2024
₹12.2 Lakh
Net margin 4.6%
EBITDA · FY 2024
₹16.72 Lakh
EBITDA margin 6.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Ray Speed Solutions Private Limited
Data last updated:
Ray Speed Solutions Private Limited is a private limited company based in Vadodara, Gujarat, India, recognised as a startup by DPIIT. It operates in the geotechnical engineering and services segment of the engineering sector. It was incorporated on 30 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74990GJ2019PTC106336. Its GSTIN is 24AAJCR3901K1ZD (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Dhirendra Pratap Ray and Dimple Rani.
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 G – 303 Park Plaza Near Saurabh Park B/H Samta Flats, Vadodara, Gujarat, India – 390023.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.63 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹12.2 Lakh (net margin 4.6%) and EBITDA of ₹16.72 Lakh (EBITDA margin 6.4%). Revenue has grown at a compounded annual rate (CAGR) of 224% over three years.
Ray Speed Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0005069). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rayspeedsolutions.com.
Company details
CIN U74990GJ2019PTC106336
Registration Number 106336
Incorporation Date 30 January 2019
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
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-GJ-24-0005069
Recognitions & Rankings of Ray Speed Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-24-0005069
Contact details
Ray Speed Solutions Private Limited's registered office is in Vadodara, Gujarat. Its website is rayspeedsolutions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressG – 303 Park Plaza Near Saurabh Park B/H Samta Flats, Vadodara, Gujarat, India – 390023
- IndustryEngineering, Geotechnical Engineering & Services
To see the full contact details of Ray Speed Solutions Private Limited, buy the company report.
Comprehensive company report
Ray Speed Solutions 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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Business activity
The main business activity of Ray Speed Solutions is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Ray Speed Solutions Private Limited, buy the company report.
Financials of Ray Speed Solutions Private Limited
FY 2025 filings availableRay Speed Solutions Private Limited reported revenue of ₹2.63 Cr (up 1058560% YoY) for FY 2024.
Revenue · FY 2024
₹2.63 Cr ▲ 1058560%
Net profit · FY 2024
₹12.2 Lakh margin 4.6%
EBITDA · FY 2024
₹16.72 Lakh margin 6.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 224%
EBITDA CAGR growth
1 year
▲ 393%
3 years · compounded
▲ 119%
5 years · compounded
▲ 137%
Revenue has grown at a compounded annual rate (CAGR) of 224% over three years. EBITDA rose 393% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹16.72 Lakh | ||||
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| Net Profit (PAT) | ₹12.2 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 6.4% | ||||
| Net Profit Margin | 4.6% | ||||
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To see the full financial statements and ratios of Ray Speed Solutions Private Limited, buy the company report.
Board of directors of Ray Speed Solutions Private Limited
Ray Speed Solutions has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhirendra Pratap Ray Also directs: Dacco Engineering Private Limited | Director | 30 Jan 2019 | 7 Years 8 Months | Current |
| Dimple Rani | Director | 30 Jan 2019 | 7 Years 8 Months | Current |
Auditor
Ray Speed Solutions Private Limited is audited by S M N K & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S M N K & CO | FY 2022 | 134153W |
Shareholding
The shareholding of Ray Speed Solutions Private Limited is on record for 4 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Ray Speed Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ray Speed Solutions 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 Speed Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ray Speed Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCR3901K1ZD | Gujarat | Active | 11 Mar 2019 |
To see the full GST registrations and return filing status of Ray Speed Solutions Private Limited, buy the company report.
Recent activity
Ray Speed Solutions Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Dhirendra Pratap Ray was appointed as Director on 30 Jan 2019.
AGM
Ray Speed Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ray Speed Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Dhirendra Pratap Ray was appointed as Director.
Appointed
Dimple Rani was appointed as Director.
Incorporation
30 Jan 2019
Ray Speed Solutions Private Limited was registered on 30 Jan 2019 with Roc Ahmedabad & aged 7 years 8 months as per MCA records.
Frequently asked questions
Ray Speed Solutions is an active private limited company based in Vadodara, Gujarat, India. The company works in geotechnical engineering and services, within the engineering industry. It was incorporated on 30 January 2019 (7+ years old) and is registered under CIN U74990GJ2019PTC106336.
Ray Speed Solutions has 2 current directors:
- Dhirendra Pratap Ray - Director
- Dimple Rani - Director
The latest financial statements of Ray Speed Solutions 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 FY 2019 are in the company report.
The GSTIN of Ray Speed Solutions is 24AAJCR3901K1ZD, registered in Gujarat.
The CIN (Corporate Identification Number) of Ray Speed Solutions is U74990GJ2019PTC106336. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ray Speed Solutions was incorporated on 30 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Dhirendra Pratap Ray was appointed as Director on 30 Jan 2019. Dimple Rani was appointed as Director on 30 Jan 2019.
Yes, Ray Speed Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Ray Speed Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-24-0005069).
Ray Speed Solutions can be reached through the website rayspeedsolutions.com. Its registered office is in Vadodara, Gujarat, India.