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Rayzon Solar Limited - Company Profile

It is a energy and power public limited company based in Surat City, Gujarat, India, established in 2022.

2022 | Surat City, Gujarat, India | Active
Last Updated:

About Rayzon Solar Limited

Rayzon Solar Limited, a active public limited company, was established on 20 June 2022 in Surat City, Gujarat, India. Engaging in power equipment manufacturers within the electricity, gas, steam and air condition supply sector, it holds CIN: U29309GJ2022PLC133026. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹100.00 Cr and a paid-up capital of ₹61.18 Cr.

It upholds a compliant status. Employing 1,576 professional, Its leadership includes Chirag Nakrani Devchandbhai (Managing Director), Hardik Ashokbhai Kothiya (Managing Director), Ankit Naresh Mittal (Director). Past directors included Induben Devchandbhai Nakrani, Chirag Nakrani Devchandbhai, Hardik Ashokbhai Kothiya. It holds ₹1,123.34 Cr open charges and ₹48.00 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 1104-1107 & 1109-1110, 11Th Floor, Millenium Business Hub,, Opp. Deep Kamal Mall, Varachha Road, Sarthana Jakatnaka,, Surat City, Gujarat, 395006.

Company Details

  • CIN/LLPIN

    U29309GJ2022PLC133026

  • Registration Number

    133026

  • Incorporation Date

    20 June 2022

  • Authorized Capital

    ₹100.00 Cr

  • Paid-Up Capital

    ₹61.18 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 100.00 Cr
  • Paid Up Capital ₹ 61.18 Cr
  • Company Age 3 Year, 6 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 1,123.34 Cr
  • Satisfied Charges ₹ 48.00 Cr
  • Revenue Growth 121.97%
  • Profit Growth 440.83%
  • Ebitda 380.16%
  • Net Worth 535.84%
  • Total Assets 293.39%
Company report

Rayzon Solar Limited

Company Report FY 2025-2026

Explore comprehensive insights into Rayzon Solar Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Rayzon Solar Limited?

Current Directors

NameDesignationAppointment DateStatus
Chirag Nakrani DevchandbhaiManaging Director20 Jun 2022Current
Hardik Ashokbhai KothiyaManaging Director20 Jun 2022Current
Ankit Naresh MittalDirector30 Jan 2025Current
Jay Ajit ChhairaDirector30 Jan 2025Current
Devchandbhai Kalubhai NakraniWhole-Time Director20 Jun 2022Current
Ashokbhai Manjibhai KothiyaWhole-Time Director20 Jun 2022Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector24 Dec 2024Past
Pramod AbcsddDirector04 Jun 2025Past
Pramod AbcsddDirector04 Jun 2025Past
Pramod AbcsddDirector04 Jun 2025Past
Pramod AbcsddDirector04 Jun 2025Past
Pramod AbcsddDirector24 Dec 2024Past

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Financial Performance of Rayzon Solar.

Rayzon Solar Limited, for the financial year ended 2025, experienced significant growth in revenue, with a 121.97% increase. The company also saw a substantial improvement in profitability, with a 440.83% increase in profit. The company's net worth Soared by an impressive increase of 535.84%.

Rayzon Solar revenue growth over time
Rayzon Solar profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
121.97%
Revenue from Operations
121.38%
Total Assets
293.39%
Profit or Loss
440.83%
Net Worth
535.84%
EBITDA
380.16%

What is the Ownership and Shareholding Structure of Rayzon Solar?

In 2024, Rayzon Solar had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹11,233,423,050.00

Satisfied Charges

₹480,000,000.00

Charges Breakdown by Lending Institutions

  • Others : 551.40 Cr
  • Hdfc Bank Limited : 251.94 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 200.00 Cr
  • Axis Bank Limited : 120.00 Cr

Latest Charge Details

DateLenderAmountStatus
07 Oct 2025Others₹85.00 CrOpen
29 Aug 2025Others₹50.00 CrOpen
28 Aug 2025Others₹80.00 CrOpen
30 Jul 2025Axis Bank Limited₹120.00 CrOpen
27 Feb 2025Others₹100.00 CrOpen

Explore comprehensive loan charge details -

How Many Employees Work at Rayzon Solar?

Rayzon Solar has a workforce of 1576 employees as of Nov 19, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Rayzon Solar Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rayzon Solar, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Rayzon Solar's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Rayzon Solar

Recent Activity within the Organization

  • Director Appointment

    Progress on Mittal Narendrabhai Shah was appointed as a Company Secretary was appointed as a Company Secretary on 08 Nov 2025 & has been associated with this company since 1 month 14 days . was documented.

  • Charges

    Progress on A charge with Others amounted to Rs. 85.00 Cr with Charge ID 101176720 was registered on 07 Oct 2025. was documented.

  • Charges

    Progress on A charge with Others of Rs. 149.50 Cr registered on 24 Nov 2023 with Charge ID 100830857 was modified on 07 Oct 2025. was documented.

  • Annual General Meeting

    Progress on Rayzon Solar Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Charges

    Progress on A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 200.00 Cr registered on 18 Jul 2024 with Charge ID 100959500 was modified on 16 Sep 2025. was documented.

  • Charges

    The activity A charge with Hdfc Bank Limited of Rs. 250.85 Cr registered on 12 Dec 2022 with Charge ID 100666584 was modified on 08 Sep 2025. was completed.

Frequently Asked Questions

  • What is the CIN of Rayzon Solar Limited?

    The CIN of Rayzon Solar Limited is U29309GJ2022PLC133026.

  • Where is Rayzon Solar Limited headquartered?

    Rayzon Solar Limited is headquartered at 1104-1107 & 1109-1110, 11Th Floor, Millenium Business Hub,, Opp. Deep Kamal Mall, Varachha Road, Sarthana Jakatnaka,, Surat City, Gujarat, 395006.

  • When was Rayzon Solar Limited incorporated?

    Rayzon Solar Limited was incorporated on 20 June 2022.

  • Who are the current directors of Rayzon Solar Limited?

    The current directors of Rayzon Solar Limited are

  • What is the primary industry of Rayzon Solar Limited?

    The primary industry of Rayzon Solar Limited is Electricity, Gas, Steam And Air Condition Supply.

  • Is Rayzon Solar Limited a listed company?

    Rayzon Solar Limited is unlisted.

  • What is the capital structure of Rayzon Solar Limited?

    The authorized capital of Rayzon Solar Limited is ₹100.00 Cr, and the paid-up capital is ₹61.18 Cr.

  • What is the compliance status of Rayzon Solar Limited?

    The compliance status of Rayzon Solar Limited is Compliant.

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