DPIIT recognised startup Government of India
Startup India
Rayglow Technologies Private Limited - environment in Puttur, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹10.07 Cr
▲ 79% YoY
Net profit · FY 2025
₹34.88 Lakh
Net margin 3.5%
EBITDA · FY 2025
₹40.5 Lakh
EBITDA margin 4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Employees · EPFO
8
Provident fund records
Directors on board
2
As per MCA filings
About Rayglow Technologies Private Limited
Data last updated:
Rayglow Technologies Private Limited is a private limited company based in Puttur, Karnataka, India, recognised as a startup by DPIIT. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 30 June 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC104277. Its GSTIN is 29AAICR3844E1Z7 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Madiyala Shyamabhat Dhanya and Rajanarayana Bhat.
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 6 – 4/4 Posavalike Sankeerna Perlampady Post Kolthige, Puttur, Karnataka, India – 574212.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.07 Cr, a growth of 79% compared to the previous year. For the same year it recorded a net profit of ₹34.88 Lakh (net margin 3.5%) and EBITDA of ₹40.5 Lakh (EBITDA margin 4%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 6% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Rayglow Technologies.
Rayglow Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-11-0019316). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rayglowtech.com.
Company details
CIN U74999KA2017PTC104277
Registration Number 104277
Incorporation Date 30 June 2017
ROC Bangalore
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 Small
Udyam Registration UDYAM-KR-11-0019316
Recognitions & Rankings of Rayglow Technologies
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-11-0019316
Contact details
Rayglow Technologies Private Limited's registered office is in Puttur, Karnataka. Its website is rayglowtech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address6 – 4/4 Posavalike Sankeerna Perlampady Post Kolthige, Puttur, Karnataka, India – 574212
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Rayglow Technologies Private Limited, buy the company report.
Comprehensive company report
Rayglow Technologies 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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Brands
Rayglow Technologies operates one associated brand: Rayglow Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers solar energy solutions, outdoor lighting, road lighting, and installation services in India. | rayglowtech.com |
Business activity
The main business activity of Rayglow Technologies is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Rayglow Technologies Private Limited, buy the company report.
Financials of Rayglow Technologies Private Limited
FY 2025 filings availableRayglow Technologies Private Limited reported revenue of ₹10.07 Cr (up 79% YoY) for FY 2025.
Revenue · FY 2025
₹10.07 Cr ▲ 79%
Net profit · FY 2025
₹34.88 Lakh margin 3.5%
EBITDA · FY 2025
₹40.5 Lakh margin 4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 79%
3 years · compounded
▲ 2%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 320%
3 years · compounded
▲ 23%
5 years · compounded
▲ 18%
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 79% growth in the latest year. EBITDA rose 320% 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 |
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| EBITDA | ₹40.5 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹34.88 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 4% | ||||
| Net Profit Margin | 3.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Rayglow Technologies Private Limited, buy the company report.
Board of directors of Rayglow Technologies Private Limited
Rayglow Technologies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madiyala Shyamabhat Dhanya | Director | 21 Sep 2020 | 6 Years 1 Months | Current |
| Rajanarayana Bhat | Director | 30 Jun 2017 | 9 Years 4 Months | Current |
Peer comparison
Rayglow Technologies Private Limited is compared with the 8 companies closest to it by revenue in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fpel Power Private Limited | ₹10.1 Cr (FY 2025) | 259.0% | Hyderabad, Telangana, India | |||
| Focal Renewable Energy Two India Private Limited | ₹10.1 Cr (FY 2025) | -2.0% | New Delhi, Delhi, India | |||
| Radiance Ka Sunshine Four Private Limited | ₹10.08 Cr (FY 2025) | -7.0% | Mumbai, Maharashtra, India | |||
| Sun Alternate Energy Private Limited | ₹10.07 Cr (FY 2023) | -17.0% | Delhi, India | |||
| Rayglow Technologies Private Limitedthis company | ₹10.07 Cr (FY 2025) | ₹34.88 Lakh | 3.5% | 79.0% | 8 | Puttur, Karnataka, India |
| Agrawal Solar Power Ventures (Rajasthan) Private Limited | ₹10.01 Cr (FY 2025) | -5.0% | Margao, Goa, India | |||
| FP Cygnus Private Limited | ₹10.01 Cr (FY 2025) | 26.0% | Hyderabad, Telangana, India | |||
| Es Energy Private Limited | ₹9.94 Cr (FY 2025) | -6.0% | Bangalore, Karnataka, India | |||
| Sunstreet Solar Private Limited | ₹9.93 Cr (FY 2025) | -23.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Rayglow Technologies Private Limited, buy the company report.
Auditor
Rayglow Technologies Private Limited is audited by SRIKRISHNA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRIKRISHNA & CO | FY 2021 | 016417S |
Shareholding
The shareholding of Rayglow Technologies Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Rayglow Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Rayglow Technologies 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 Rayglow Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Rayglow Technologies Private Limited has a workforce of 8 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
8
Active EPFO establishments
1
GST
Rayglow Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICR3844E1Z7 | Karnataka | Active | 22 Sep 2017 |
To see the full GST registrations and return filing status of Rayglow Technologies Private Limited, buy the company report.
Recent activity
Rayglow Technologies Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Nithish Golthamajalu Kumar ceased to be Director on 25 Sep 2020.
AGM
Rayglow Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Rayglow Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Nithish Golthamajalu Kumar ceased to be Director.
Appointed
Madiyala Shyamabhat Dhanya was appointed as Director.
Ceased
Neerpaje Komale Krishna Kishora ceased to be Director.
Appointed
Rajanarayana Bhat was appointed as Director.
Incorporation
30 Jun 2017
Rayglow Technologies Private Limited was registered on 30 Jun 2017 with Roc Bangalore & aged 9 years 4 months as per MCA records.
Frequently asked questions
Rayglow Technologies is an active private limited company based in Puttur, Karnataka, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 30 June 2017 (9+ years old) and is registered under CIN U74999KA2017PTC104277.
Rayglow Technologies has 2 current directors:
- Madiyala Shyamabhat Dhanya - Director
- Rajanarayana Bhat - Director
The latest financial statements of Rayglow Technologies 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 2018 are in the company report.
The GSTIN of Rayglow Technologies is 29AAICR3844E1Z7, registered in Karnataka.
The CIN (Corporate Identification Number) of Rayglow Technologies is U74999KA2017PTC104277. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rayglow Technologies was incorporated on 30 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Rayglow Technologies by revenue are Fpel Power Private Limited, Focal Renewable Energy Two India Private Limited, Radiance Ka Sunshine Four Private Limited, Sun Alternate Energy Private Limited, Agrawal Solar Power Ventures (Rajasthan) Private Limited and 3 more, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Nithish Golthamajalu Kumar ceased to be Director on 25 Sep 2020. Madiyala Shyamabhat Dhanya was appointed as Director on 21 Sep 2020. Neerpaje Komale Krishna Kishora ceased to be Director on 30 Aug 2019. Rayglow Technologies has 4 board changes on record in total.
Yes, Rayglow Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Rayglow Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-KR-11-0019316).
Rayglow Technologies can be reached through the website rayglowtech.com. Its registered office is in Puttur, Karnataka, India.
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