MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0253465
Rayo Innovations Private Limited - information technology in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.48 Cr
▲ 4% YoY
Net profit · FY 2024
₹12.67 Lakh
Net margin 3.6%
EBITDA · FY 2024
₹26.62 Lakh
EBITDA margin 7.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
17
Provident fund records
Directors on board
4
As per MCA filings
About Rayo Innovations Private Limited
Data last updated:
Rayo Innovations Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 28 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2019PTC108383. Its GSTIN is 24AAJCR6227N1ZY (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Yogesh Babulal Prajapati and Rakesh Ghanshyam Bhatt.
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 D/8 Tridev Park Mahadevnagar Tekra Vastral Road, Ahmedabad, Gujarat, India – 382418.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.48 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹12.67 Lakh (net margin 3.6%) and EBITDA of ₹26.62 Lakh (EBITDA margin 7.6%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years.
The company has about 17 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Rayo Innovations and Save Location GPS.
Rayo Innovations Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0253465). For more details, the company can be reached via its website rayoinnovations.com.
Company details
CIN U72900GJ2019PTC108383
Registration Number 108383
Incorporation Date 28 May 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0253465
Key People
Pinkiben Yogesh Prajapati Additional Director Yogesh Babulal Prajapati Director Rakesh Ghanshyam Bhatt Director Recognitions & Rankings of Rayo Innovations
Contact details
Rayo Innovations Private Limited's registered office is in Ahmedabad, Gujarat. Its website is rayoinnovations.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressD/8 Tridev Park Mahadevnagar Tekra Vastral Road, Ahmedabad, Gujarat, India – 382418
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Rayo Innovations Private Limited, buy the company report.
Comprehensive company report
Rayo Innovations 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
Rayo Innovations operates two associated brands: Rayo Innovations and Save Location GPS. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides web development, mobile apps, software, and digital marketing services. | rayoinnovations.com | |
| Mobile app for saving, sharing, navigating, and exporting user locations. | savelocationgps.com |
Business activity
The main business activity of Rayo Innovations is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Rayo Innovations Private Limited, buy the company report.
Financials of Rayo Innovations Private Limited
FY 2025 filings availableRayo Innovations Private Limited reported revenue of ₹3.48 Cr (up 4% YoY) for FY 2024.
Revenue · FY 2024
₹3.48 Cr ▲ 4%
Net profit · FY 2024
₹12.67 Lakh margin 3.6%
EBITDA · FY 2024
₹26.62 Lakh margin 7.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 27%
EBITDA CAGR growth
1 year
▼ 49%
3 years · compounded
▼ 12%
Revenue has grown at a compounded annual rate (CAGR) of 27% over three years, including 4% growth in the latest year. EBITDA fell 49% 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 | ₹26.62 Lakh | ||||
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| Net Profit (PAT) | ₹12.67 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 | 7.6% | ||||
| Net Profit Margin | 3.6% | ||||
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To see the full financial statements and ratios of Rayo Innovations Private Limited, buy the company report.
Board of directors of Rayo Innovations Private Limited
Rayo Innovations has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pinkiben Yogesh Prajapati | Additional Director | 26 Jun 2019 | 7 Years 4 Months | Current |
| Yogesh Babulal Prajapati | Director | 28 May 2019 | 7 Years 5 Months | Current |
| Rakesh Ghanshyam Bhatt | Director | 28 May 2019 | 7 Years 5 Months | Current |
| Foram Rakesh Bhatt | Director | 28 May 2019 | 7 Years 5 Months | Current |
Auditor
Rayo Innovations Private Limited is audited by P J P & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P J P & ASSOCIATES | FY 2022 | 132156W |
Shareholding
The shareholding of Rayo Innovations Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Rayo Innovations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Rayo Innovations 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 Rayo Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Rayo Innovations Private Limited has a workforce of 17 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
Employee count
17
Active EPFO establishments
1
Employee growth
142.86%
GST
Rayo Innovations has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCR6227N1ZY | Gujarat | Active | 15 Jul 2019 |
To see the full GST registrations and return filing status of Rayo Innovations Private Limited, buy the company report.
Recent activity
Rayo Innovations Private Limited has 4 board changes on record since 2019: 4 appointments. The latest: Pinkiben Yogesh Prajapati was appointed as Additional Director on 26 Jun 2019.
AGM
Rayo Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Rayo Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Pinkiben Yogesh Prajapati was appointed as Additional Director.
Appointed
Foram Rakesh Bhatt was appointed as Director.
Appointed
Rakesh Ghanshyam Bhatt was appointed as Director.
Appointed
Yogesh Babulal Prajapati was appointed as Director.
Incorporation
28 May 2019
Rayo Innovations Private Limited was registered on 28 May 2019 with Roc Ahmedabad & aged 7 years 5 months as per MCA records.
Frequently asked questions
Rayo Innovations is an active private limited company based in Ahmedabad, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 28 May 2019 (7+ years old) and is registered under CIN U72900GJ2019PTC108383.
Rayo Innovations has 4 current directors:
- Pinkiben Yogesh Prajapati - Additional Director
- Yogesh Babulal Prajapati - Director
- Rakesh Ghanshyam Bhatt - Director
- Foram Rakesh Bhatt - Director
The latest financial statements of Rayo Innovations 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 2020 are in the company report.
The GSTIN of Rayo Innovations is 24AAJCR6227N1ZY, registered in Gujarat.
The CIN (Corporate Identification Number) of Rayo Innovations is U72900GJ2019PTC108383. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rayo Innovations was incorporated on 28 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Pinkiben Yogesh Prajapati was appointed as Additional Director on 26 Jun 2019. Foram Rakesh Bhatt was appointed as Director on 28 May 2019. Rakesh Ghanshyam Bhatt was appointed as Director on 28 May 2019. Rayo Innovations has 4 board changes on record in total.
Yes, Rayo Innovations is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0253465).
Rayo Innovations can be reached through the website rayoinnovations.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Rayo Innovations is at D8 Tridev Park Mahadevnagar Tekra Vastral Road, Ahmedabad, Gujarat, India – 382418.
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