About Raynex Power Solution Private Limited
Data last updated:
Raynex Power Solution Private Limited is a private limited company based in Surat City, Gujarat, India, recognised as a startup by DPIIT. It operates in the power infrastructure and energy projects segment of the infrastructure and utilities sector. It was incorporated on 23 August 2022.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ2022PTC134859. Its GSTIN is 24AAMCR1175N1ZY (Gujarat).
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.5 Cr. It is led by directors Yagnesh Ramnikbhai Thummar and Ankit Vinubhai Limbasiya.
Its last annual general meeting (AGM) was held on 31 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Surat City, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.38 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹27.91 Lakh (net margin 8.3%) and EBITDA of ₹27.91 Lakh (EBITDA margin 8.3%).
As per MCA filings, the company has open charges of ₹16.63 Cr on record.
For more details, the company can be reached via its website raynextest.online.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social Media
- Registered Address806 Sarthana Business Hub, Nr. Nirmal Nagar Society Sarthana Jakat Naka, Surat City, Gujarat, India – 395006
- IndustryInfrastructure and Utilities, Power Infrastructure & Energy Projects
- 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
- One PDF report, delivered after checkout
Business Activity of Raynex Power Solution Private Limited
The main business activity of Raynex Power Solution is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities | 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 Raynex Power Solution Private Limited FY 2025 filings available
Raynex Power Solution Private Limited reported revenue of ₹3.38 Cr (up 14440% YoY) for FY 2024.
Financial Statement Summary of Raynex Power Solution Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| 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 | ₹27.91 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹27.91 Lakh | •••• |
| 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 Raynex Power Solution Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 8.3% | •••• |
| Net Profit Margin | 8.3% | •••• |
| 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 Raynex Power Solution are in the company report.
Financial statements from FY 2023
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 Raynex Power Solution Private Limited
Raynex Power Solution Private Limited is compared with the companies closest to it by revenue in the Power industry (EPC, BoP and BTG). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kishu Tradex Private Limited | •••• | •••• | •••• | •••• | - | Jodhpur, Rajasthan, India |
| Fernandes Electricals & Company Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Aps Delhi (OPC) Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Ishi Energy and Infra Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Estateman Energy Private Limited | •••• | •••• | •••• | •••• | - | Jaipur, Rajasthan, India |
| Raynex Power Solution Private Limited this company | •••• | •••• | •••• | •••• | - | Surat City, Gujarat, India |
| Pretech Automation Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Sinewaves Solutions India Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| 4Pel Green Power Private Limited | •••• | •••• | •••• | •••• | - | Secunderabad, Telangana, India |
| C to C Consulting Engineers Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Abantika Techno Projects Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Raynex Power Solution by revenue in the Power industry (EPC, BoP and BTG), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Board of Directors of Raynex Power Solution Private Limited
Raynex Power Solution has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yagnesh Ramnikbhai Thummar | Director | 23 Aug 2022 | 4 Years 1 Months | Current |
| Ankit Vinubhai Limbasiya Also directs: Raynex Solar Private Limited, Raynex Innovations Private Limited | Director | 23 Aug 2022 | 4 Years 1 Months | Current |
Charges & Borrowings of Raynex Power Solution Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Feb 2026 | Others | ₹2 Cr | Open |
| 30 Dec 2025 | State Bank of India | ₹13.75 Cr | Open |
| 27 Jan 2025 | Others | ₹80 Lakh | Open |
| 18 Aug 2023 | Hdfc Bank Limited | ₹8.22 Lakh | Open |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Raynex Power Solution Private Limited
Employment history and EPFO contributions of people linked to Raynex Power Solution.
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 Raynex Power Solution Private Limited
Raynex Power Solution Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Ankit Vinubhai Limbasiya was appointed as Director on 23 Aug 2022.
Credit Ratings, Litigation & Regulatory Alerts for Raynex Power Solution 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 Raynex Power Solution 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 Raynex Power Solution 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 Raynex Power Solution Private Limited
Raynex Power Solution has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAMCR1175N1ZY | Gujarat | Active | 29 Aug 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 Raynex Power Solution 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 Raynex Power Solution Private Limited
Raynex Power Solution is an active private limited company based in Surat City, Gujarat, India. The company works in power infrastructure and energy projects, within the infrastructure and utilities industry. It was incorporated on 23 August 2022 (4+ years old) and is registered under CIN U45201GJ2022PTC134859.
Raynex Power Solution reported revenue of ₹3.38 Cr for FY 2024 (up 14440% YoY).
Raynex Power Solution has 2 current directors:
- Yagnesh Ramnikbhai Thummar - Director
- Ankit Vinubhai Limbasiya - Director
Raynex Power Solution reported a net profit of ₹27.91 Lakh (net margin 8.3%) and EBITDA of ₹27.91 Lakh (EBITDA margin 8.3%) for FY 2024, as per its filed financial statements.
The GSTIN of Raynex Power Solution is 24AAMCR1175N1ZY, registered in Gujarat.
The CIN (Corporate Identification Number) of Raynex Power Solution is U45201GJ2022PTC134859. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Raynex Power Solution was incorporated on 23 August 2022, making it 4+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Raynex Power Solution by revenue are Kishu Tradex Private Limited, Fernandes Electricals & Company Private Limited, Aps Delhi (OPC) Private Limited, Ishi Energy and Infra Private Limited, Estateman Energy Private Limited and 5 more, all in the Power industry (EPC, BoP and BTG).
Ankit Vinubhai Limbasiya was appointed as Director on 23 Aug 2022. Yagnesh Ramnikbhai Thummar was appointed as Director on 23 Aug 2022.
Yes, Raynex Power Solution is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Raynex Power Solution can be reached through the website raynextest.online. Its registered office is in Surat City, Gujarat, India.