Ray Technologies Global Private Limited
About Ray Technologies Global Private Limited
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Ray Technologies Global Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 21 February 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31904MH2022PTC377174. Its GSTIN is 27AALCR6617C1ZB (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Dhiraj Ashok Nagpal and Ashok Mohandas Nagpal.
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 Gala No 13G Thacker Industry Estate N.M Joshi Marg Chinchpokali West, Mumbai, Maharashtra, India – 400011.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.04 Cr, a decline of 84% compared to the previous year. For the same year it recorded a net loss of ₹2.62 Cr (net margin -128.9%) and EBITDA of -₹95 Lakh (EBITDA margin -46.7%).
The company has about 15 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹8 Cr on record.
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- Registered AddressGala No 13G Thacker Industry Estate N.M Joshi Marg Chinchpokali West, Mumbai, Maharashtra, India – 400011
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
- 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 of Ray Technologies Global Private Limited
The main business activity of Ray Technologies Global is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ray Technologies Global Private Limited FY 2025 filings available
Ray Technologies Global Private Limited reported revenue of ₹2.04 Cr (down 84% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ray Technologies Global Private Limited
Revenue fell 84% in the latest year. EBITDA fell 221% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Ray Technologies Global Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| 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 | -₹95 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.62 Cr | •••• | •••• | •••• |
| 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 Technologies Global Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -46.7% | •••• | •••• | •••• |
| Net Profit Margin | -128.9% | •••• | •••• | •••• |
| 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 Technologies Global are in the company report.
Financial statements from FY 2022
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.
Peer Comparison of Ray Technologies Global Private Limited
Ray Technologies Global Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mti Wireless Communication India Private Limited | •••• | •••• | •••• | •••• | - | Ernakulam, Kerala, India |
| Provalue Electric Private Limited | •••• | •••• | •••• | •••• | - | Jaipur, Rajasthan, India |
| Shree Balaji Marketing Services Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Luminup Electronics Led India Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Terramatic Solutions Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Ray Technologies Global Private Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Msquare Appliances Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Afath Technologies Private Limited | •••• | •••• | •••• | •••• | - | Thrissur, Kerala, India |
| Critech Power Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Lighting Concepts Private Limited | •••• | •••• | •••• | •••• | 16 | Pune, Maharashtra, India |
| Modi Fans Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Ray Technologies Global by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Ray Technologies Global Private Limited
Ray Technologies Global Private Limited is audited by D. R. MEHTA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| D. R. MEHTA & ASSOCIATES | 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 Technologies Global Private Limited
Ray Technologies Global has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhiraj Ashok Nagpal Also directs: Swiftlink Connections Private Limited | Director | 28 Mar 2022 | 4 Years 6 Months | Current |
| Ashok Mohandas Nagpal | Director | 21 Feb 2022 | 4 Years 7 Months | Current |
| Rajesh Nagpal Mohan | Director | 21 Feb 2022 | 4 Years 7 Months | Current |
| Sanjay Babulal Jain Also directs: Magnet Telelinks Private Limited | Director | 21 Feb 2022 | 4 Years 7 Months | Current |
| Pallavi Sanjay Jain Also directs: Magnet Telelinks Private Limited | Director | 21 Feb 2022 | 4 Years 7 Months | Current |
Ownership and Shareholding of Ray Technologies Global 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 Technologies Global Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Jun 2022 | Others | ₹8 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Ray Technologies Global Private Limited
Ray Technologies Global Private Limited has a workforce of 15 employees as of Apr 07, 2024.
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 Technologies Global Private Limited
Ray Technologies Global Private Limited has 5 board changes on record since 2022: 5 appointments. The latest: Dhiraj Ashok Nagpal was appointed as Director on 28 Mar 2022.
Credit Ratings, Litigation & Regulatory Alerts for Ray Technologies Global 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 Technologies Global 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 Technologies Global 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 Technologies Global Private Limited
Ray Technologies Global has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AALCR6617C1ZB | Maharashtra | Active | 14 Mar 2022 |
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 Technologies Global 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 Technologies Global Private Limited
Ray Technologies Global is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 21 February 2022 (4+ years old) and is registered under CIN U31904MH2022PTC377174.
Ray Technologies Global reported revenue of ₹2.04 Cr for FY 2025 (down 84% YoY).
Ray Technologies Global has 5 current directors:
- Dhiraj Ashok Nagpal - Director
- Ashok Mohandas Nagpal - Director
- Rajesh Nagpal Mohan - Director
- Sanjay Babulal Jain - Director
- Pallavi Sanjay Jain - Director
Ray Technologies Global reported a net loss of ₹2.62 Cr (net margin -128.9%) and EBITDA of -₹95 Lakh (EBITDA margin -46.7%) for FY 2025, as per its filed financial statements.
The GSTIN of Ray Technologies Global is 27AALCR6617C1ZB, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ray Technologies Global is U31904MH2022PTC377174. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ray Technologies Global was incorporated on 21 February 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ray Technologies Global by revenue are Mti Wireless Communication India Private Limited, Provalue Electric Private Limited, Shree Balaji Marketing Services Private Limited, Luminup Electronics Led India Private Limited, Terramatic Solutions Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing).
Dhiraj Ashok Nagpal was appointed as Director on 28 Mar 2022. Ashok Mohandas Nagpal was appointed as Director on 21 Feb 2022. Pallavi Sanjay Jain was appointed as Director on 21 Feb 2022. Ray Technologies Global has 5 board changes on record in total.
The registered office of Ray Technologies Global is at Gala No 13G Thacker Industry Estate N.M Joshi Marg Chinchpokali West, Mumbai, Maharashtra, India – 400011.
Ray Technologies Global has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr.