Rays Power Innovation & Development Ventures Private Limited
About Rays Power Innovation & Development Ventures Private Limited
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Rays Power Innovation & Development Ventures Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Rays Power Infra Private Limited. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 17 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2016PTC281282.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Devendra Dadhich and Lalit Kumar Mehta.
Its last annual general meeting (AGM) was held on 28 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹29.19 Lakh. For the same year it recorded a net profit of ₹24.67 Lakh (net margin 84.5%) and EBITDA of ₹28.35 Lakh (EBITDA margin 97.1%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Rays Power Innovation & Development Ventures Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No. 121 1st Floor Evershine Mall Chincholi Bunder Off. Link Road Malad, West, Mumbai, Maharashtra, India – 400064
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Rays Power Innovation & Development Ventures 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 Rays Power Innovation & Development Ventures Private Limited
FY 2025 filings availableRays Power Innovation & Development Ventures Private Limited reported revenue of ₹29.19 Lakh for FY 2025.
Financial Statement Summary
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| EBITDA | ₹28.35 Lakh | ||||
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| Net Profit (PAT) | ₹24.67 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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| EBITDA Margin | 97.1% | ||||
| Net Profit Margin | 84.5% | ||||
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To see the full financial statements and ratios of Rays Power Innovation & Development Ventures Private Limited, buy the company report.
Board of directors of Rays Power Innovation & Development Ventures Private Limited
Rays Power Innovation & Development Ventures has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devendra Dadhich Also directs: Chittoor Solar Power Private Limited, Dadur Solar Power Private Limited, Nilaj Solar Power Private Limited and 5 more | Director | 04 Jul 2023 | 3 Years 3 Months | Current |
| Lalit Kumar Mehta Also directs: Stonify Surfaces Private Limited, Sinnal Solar Power Private Limited, Annigeri Solar Power Private Limited and 5 more | Director | 08 Jul 2022 | 4 Years 3 Months | Current |
Auditor
Rays Power Innovation & Development Ventures Private Limited is audited by GUPTA BHANDARI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GUPTA BHANDARI & CO. | FY 2023 | 019936C |
Shareholding
The shareholding of Rays Power Innovation & Development Ventures Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
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To see the full shareholding pattern of Rays Power Innovation & Development Ventures Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Rays Power Innovation & Development Ventures 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
Rays Power Innovation & Development Ventures Private Limited has 4 MSME Form 1 returns on record between 2019 and 2021, listing 4 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Mundhra Rathi & Associates |
To see the full MSME payment records of Rays Power Innovation & Development Ventures Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
No GST registration is on our record for Rays Power Innovation & Development Ventures Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Rays Power Innovation & Development Ventures Private Limited has 10 board changes on record since 2018: 2 appointments and 8 cessations. The latest: Devendra Dadhich ceased to be Additional Director on 29 Sep 2023.
1 earlier event is in the company report.
Frequently asked questions
Rays Power Innovation & Development Ventures is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 17 May 2016 (10+ years old) and is registered under CIN U74999MH2016PTC281282.
Rays Power Innovation & Development Ventures has 2 current directors:
- Devendra Dadhich - Director
- Lalit Kumar Mehta - Director
The latest financial statements of Rays Power Innovation & Development Ventures on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 28 September 2025. Year-wise statements from FY 2017 are in the company report.
The CIN (Corporate Identification Number) of Rays Power Innovation & Development Ventures is U74999MH2016PTC281282. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rays Power Innovation & Development Ventures was incorporated on 17 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Devendra Dadhich ceased to be Additional Director on 29 Sep 2023. Devendra Dadhich was appointed as Director on 04 Jul 2023. Lalit Kumar Mehta ceased to be Additional Director on 30 Sep 2022. Rays Power Innovation & Development Ventures has 10 board changes on record in total.
Rays Power Innovation & Development Ventures has 4 MSME Form 1 returns on record between 2019 and 2021, listing 4 overdue payments to 1 micro and small supplier. The latest return was filed on 28 Apr 2021.
The registered office of Rays Power Innovation & Development Ventures is at Shop No. 121 1st Floor Evershine Mall Chincholi Bunder Off. Link Road Malad, West, Mumbai, Maharashtra, India – 400064.
Rays Power Innovation & Development Ventures operates in the information technology industry, in the IT consulting and support services segment.
The compliance status of Rays Power Innovation & Development Ventures is compliant as of 29 August 2026. The company is actively filing with the Registrar of Companies.
Rays Power Innovation & Development Ventures can be reached at its registered office: Shop No. 121 1st Floor Evershine Mall Chincholi Bunder Off. Link Road Malad, West, Mumbai, Maharashtra, India – 400064.