About Rayzon Solar Limited
Data last updated: 22 December 2025
Rayzon Solar Limited is a public limited company based in Surat City, Gujarat, India. It specialises in power equipment manufacturers, a part of the broader energy and power sector. Incorporated on 20 June 2022.
Registered with ROC Ahmedabad under CIN U29309GJ2022PTC133026.
Capital: an authorised share capital of ₹100 Cr and a paid-up capital of ₹61.18 Cr. It is led by directors including Chirag Nakrani Devchandbhai and Hardik Ashokbhai Kothiya.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Surat City, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹2,832.89 Cr, a growth of 122% compared to the previous year.
The company has a workforce of approximately 1,576 employees as per the latest available data.
The company is associated with 1 brand - Rayzon Solar. As per MCA filings, the company has open charges of ₹1,123.34 Cr and satisfied charges of ₹48 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rayzonsolar.com.
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Registered Address1104 – 1107 & 1109 – 1110 11Th Floor Millenium Business Hub, Opp. Deep Kamal Mall Varachha Road Sarthana Jakatnaka, Surat City, Gujarat, India – 395006
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IndustryEnergy and Power, Power Equipment Manufacturers
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Rayzon Solar Limited
Rayzon Solar Limited has one previous CIN (Corporate Identification Number): U29309GJ2022PTC133026. The current CIN is U29309GJ2022PLC133026, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29309GJ2022PLC133026 | Current |
| U29309GJ2022PTC133026 | Previous |
Associated Brands with Rayzon Solar Limited
Rayzon Solar Limited operates one associated brand: Rayzon Solar. These brands represent Rayzon Solar Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of photovoltaic solar modules | rayzonsolar.com |
Competitors & Alternatives of Rayzon Solar Limited
Brands and companies operating in the same space as Rayzon Solar Limited include Goldi Solar, Trina Solar, Kyocera and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Goldi Solar
|
Manufacturer of solar PV modules | Surat, India, India | 2011 |
Trina Solar
|
Photovoltaic cells for PV and smart energy solutions are developed. | San Jose, United States, United States | 1997 |
Kyocera
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Kyocera is engaged in providing technology solutions globally. | Horse Shoe, United States, United States | 1959 |
Navitas Solar
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Manufacturer of solar panel | Surat, India, India | 2013 |
Su-Kam Power Systems
|
Solar panels and power storage products are manufactured. | Gurugram, India, India | 1988 |
Emmvee
|
Manufactures solar panels, water heaters, and turnkey solutions for renewable energy. | Bengaluru, India, India | 1992 |
Mose Solar
|
PV modules, solar tiles, and related solar products are manufactured. | Delhi, India, India | 1983 |
Saatvik Green Energy
|
Manufactures solar modules and offers EPC services for renewable energy projects in India. | Ambala, India, India | 2015 |
Business Activity of Rayzon Solar Limited
Rayzon Solar Limited is engaged in the principal business activity of electricity, gas, steam and air condition supply, with detailed activities including electric power generation, transmission and distribution.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | Locked |
Business activity turnover details for Rayzon Solar Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Board of Directors of Rayzon Solar Limited
Rayzon Solar Limited is currently managed by 9 directors, with 8 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chirag Nakrani Devchandbhai | Managing Director | 20 Jun 2022 | 4 Years 0 Months | Current |
| Hardik Ashokbhai Kothiya | Managing Director | 20 Jun 2022 | 4 Years 0 Months | Current |
|
Ankit Naresh Mittal
Also directs:
Varvee Global Limited, Expertela Private Limited
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Director | 30 Jan 2025 | 1 Years 5 Months | Current |
|
Jay Ajit Chhaira
Also directs:
Jay Academy Private Limited
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Director | 30 Jan 2025 | 1 Years 5 Months | Current |
|
Devchandbhai Kalubhai Nakrani
Also directs:
Rayzon Energy Private Limited, Better Power Project Three Private Limited, Rayzon Project Private Limited and 1 more
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Whole-Time Director | 20 Jun 2022 | 4 Years 0 Months | Current |
| Ashokbhai Manjibhai Kothiya | Whole-Time Director | 20 Jun 2022 | 4 Years 0 Months | Current |
Financials of Rayzon Solar Limited FY 2025 filings available
Rayzon Solar Limited reported revenue of ₹2,832.89 Cr (up 122.00% YoY) for FY 2025.
Ten-year financial statements for Rayzon Solar Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Charges & Borrowings of Rayzon Solar Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Oct 2025 | Others | ₹85 Cr | Open |
| 29 Aug 2025 | Others | ₹50 Cr | Open |
| 28 Aug 2025 | Others | ₹80 Cr | Open |
| 30 Jul 2025 | Axis Bank Limited | ₹120 Cr | Open |
| 27 Feb 2025 | Others | ₹100 Cr | Open |
Total charge records: 17 View all charges
Employees and EPFO Compliance at Rayzon Solar Limited
View historical data on people associated with Rayzon Solar Limited, including employment history and EPFO contributions.
Employee and EPFO history for Rayzon Solar Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Rayzon Solar Limited
GST registrations and filing compliance for Rayzon Solar Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Rayzon Solar Limited
Credit ratings, litigation, and regulatory alerts for Rayzon Solar Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Rayzon Solar Limited
MSME payment history for Rayzon Solar Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Rayzon Solar Limited
Corporate group structure for Rayzon Solar Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Rayzon Solar Limited
MCA filings and documents for Rayzon Solar Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Rayzon Solar Limited
Recent News on Rayzon Solar Limited
Frequently Asked Questions about Rayzon Solar Limited
Rayzon Solar Limited is an active public limited company in the energy and power sector based in Surat City, Gujarat, India. It was incorporated on 20 June 2022 (4+ years old) and is registered under CIN U29309GJ2022PLC133026. The company has 1,576 employees.
Rayzon Solar Limited reported revenue of ₹2,832.89 Cr for FY 2025 (up 122.00% YoY).
The current directors of Rayzon Solar Limited are:
- Chirag Nakrani Devchandbhai - Managing Director
- Hardik Ashokbhai Kothiya - Managing Director
- Ankit Naresh Mittal - Director
- Jay Ajit Chhaira - Director
- Devchandbhai Kalubhai Nakrani - Whole-Time Director
- Ashokbhai Manjibhai Kothiya - Whole-Time Director
- Binay Radhakisan Agarwal - Director
- Deepali Darshak Lakdawala - Director
- Smita Kiran Davda - Director
The primary industry of Rayzon Solar Limited is energy and power. The company specifically operates in power equipment manufacturers. The company is currently active in this sector.
Rayzon Solar Limited can be reached at the registered office: 1104 – 1107 & 1109 – 1110 11Th Floor Millenium Business Hub, Opp. Deep Kamal Mall Varachha Road Sarthana Jakatnaka, Surat City, Gujarat, India – 395006, or through the website rayzonsolar.com.
The authorised capital is ₹100 Cr, and the paid-up capital is ₹61.18 Cr.