About Rayner Surgical India Private Limited
Data last updated:
Rayner Surgical India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Rayner Intraocular Lenses Limited. It operates in the medical equipment retail and distribution segment of the healthcare sector. It was incorporated on 21 October 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U33110MH2004PTC149193. Its GSTIN is 27AADCS0796H1Z4 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Surgicon Healthcare Private Limited. It is led by directors including Kuntal Rasiklal Joshi and Dharmesh Jashbhai Gohel.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at E – 14 Tardeo Everest 6 Thfloor Tardeo, Mumbai, Maharashtra, India.
As per the financials filed for FY 2023, the company reported a revenue of ₹36.09 Cr, a growth of 48% compared to the previous year. For the same year it recorded a net loss of ₹3.23 Cr (net margin -9%) and EBITDA of -₹3.79 Cr (EBITDA margin -10.5%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 12% over five years.
Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending. The company has 2 deals on record (2 secondary share transfers); the latest was in December 2023.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website surgicon.in.
Company details
Contact details
Rayner Surgical India Private Limited's registered office is in Mumbai, Maharashtra. Its website is surgicon.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressE – 14 Tardeo Everest 6 Thfloor Tardeo, Mumbai, Maharashtra, India
- IndustryHealthcare, Medical Equipment Retail & Distribution
To see the full contact details of Rayner Surgical India Private Limited, buy the company report.
- 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
Financials of Rayner Surgical India Private Limited
FY 2025 filings availableRayner Surgical India Private Limited reported revenue of ₹36.09 Cr (up 48% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 48% growth 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹36.09 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹3.79 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.23 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -10.5% | ||||
| Net Profit Margin | -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 | |||||
To see the full financial statements and ratios of Rayner Surgical India Private Limited, buy the company report.
Board of directors of Rayner Surgical India Private Limited
Rayner Surgical India has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kuntal Rasiklal Joshi | Director | 28 Mar 2023 | 3 Years 6 Months | Current |
| Dharmesh Jashbhai Gohel | Director | 04 Jan 2024 | 2 Years 9 Months | Current |
| Alan John Hemmant | Director | 27 Apr 2023 | 3 Years 6 Months | Current |
Auditor
Rayner Surgical India Private Limited is audited by D R MEHTA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D R MEHTA & ASSOCIATES | FY 2023 | 106207W |
Shareholding
The shareholding of Rayner Surgical India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Rayner Surgical India Private Limited, buy the company report.
Deals & funding
Rayner Surgical India Private Limited has 2 deals on record (2 secondary share transfers); the latest was in December 2023.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2023 | Secondary share transfer | Undisclosed | Buyer: Rayner Intraocular Lenses Limited Seller: an individual |
| Jun 2021 | Secondary share transfer | Undisclosed | Buyer: Rayner Intraocular Lenses Limited Seller: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Rayner Surgical India Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by Medinovation Vision Private Limited Through Gaurav Suresh Chandra Saxena | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by Carl Zeiss Meditec Ag (Successor Company of Acri Tec GMBH) - Applicant | Disposed |
To see the full case history of Rayner Surgical India Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Rayner Surgical India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rayner Surgical India has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCS0796H1Z4 | Maharashtra | Active | 11 Jul 2022 |
| 24AADCS0796H1ZA | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rayner Surgical India Private Limited, buy the company report.
Recent activity
Rayner Surgical India Private Limited has 15 board changes on record since 2004: 9 appointments and 6 cessations. The latest: Dharmesh Jashbhai Gohel was appointed as Director on 04 Jan 2024.
6 earlier events are in the company report.
Frequently asked questions
Rayner Surgical India is an active private limited company based in Mumbai, Maharashtra, India. The company works in medical equipment retail and distribution, within the healthcare industry. It was incorporated on 21 October 2004 (22+ years old) and is registered under CIN U33110MH2004PTC149193.
Rayner Surgical India has 3 current directors:
- Kuntal Rasiklal Joshi - Director
- Dharmesh Jashbhai Gohel - Director
- Alan John Hemmant - Director
The latest financial statements of Rayner Surgical India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Rayner Surgical India is 27AADCS0796H1Z4, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AADCS0796H1ZA (Gujarat).
The CIN (Corporate Identification Number) of Rayner Surgical India is U33110MH2004PTC149193. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rayner Surgical India has 2 court cases on record: 2 filed against it. 1 is pending. Most are in the district courts.
Rayner Surgical India was incorporated on 21 October 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Rayner Surgical India has 2 deals on record (2 secondary share transfers); the latest was in December 2023.
Dharmesh Jashbhai Gohel was appointed as Director on 04 Jan 2024. Rajesh Pravinchandra Dave ceased to be Director on 31 Dec 2023. Alan John Hemmant was appointed as Director on 27 Apr 2023. Rayner Surgical India has 15 board changes on record in total.
Rayner Surgical India can be reached through the website surgicon.in. Its registered office is in Mumbai, Maharashtra, India.