About Rayzon Technology Private Limited
Data last updated:
Rayzon Technology Private Limited is a foreign private limited company based in Vadodara, Gujarat, India, a subsidiary of Gindumac Gmbh,Germany. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 20 June 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29309GJ2018FTC102923. Its GSTIN is 24AAHCG3693B1ZS (Gujarat).
The company has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹70 Lakh. It is led by directors Pradeep Bhogilal Patel (Managing Director) and Hemlata Pradeep Patel.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 9 First Floor Pushti Complex Atmajyoti Ashram Road, Vadodara, Gujarat, India – 390023.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.18 Cr, a decline of 37% compared to the previous year. For the same year it recorded a net loss of ₹12.82 Lakh (net margin -3.1%) and EBITDA of -₹16.05 Lakh (EBITDA margin -3.8%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 1% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
For more details, the company can be reached via its website gindumac.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address9 First Floor Pushti Complex Atmajyoti Ashram Road, Vadodara, Gujarat, India – 390023
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
- 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 Rayzon Technology Private Limited
The main business activity of Rayzon Technology is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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.
Auditor Details of Rayzon Technology Private Limited
Rayzon Technology Private Limited is audited by SHAH & GANDHI for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHAH & GANDHI | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Rayzon Technology Private Limited
Rayzon Technology has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemlata Pradeep Patel | Director | 21 May 2024 | 2 Years 4 Months | Current |
| Pradeep Bhogilal Patel | Managing Director | 20 Jun 2018 | 8 Years 3 Months | Current |
Financials of Rayzon Technology Private Limited FY 2024 filings available
Rayzon Technology Private Limited reported revenue of ₹4.18 Cr (down 37% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Rayzon Technology Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 37% fall in the latest year. EBITDA fell 527% 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 of Rayzon Technology Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹16.05 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹12.82 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 Rayzon Technology Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -3.1% | •••• | •••• | •••• | •••• |
| 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 Rayzon Technology are in the company report.
Financial statements from FY 2019
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.
Ownership and Shareholding of Rayzon Technology Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Rayzon Technology Private Limited
Rayzon Technology Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Rayzon Technology Private Limited
Rayzon Technology Private Limited has a workforce of 6 employees as of Apr 02, 2024.
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.
GST Compliance of Rayzon Technology Private Limited
Rayzon Technology has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCG3693B1ZS | Gujarat | Active | 02 Aug 2018 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Rayzon Technology 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 Rayzon Technology 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 Rayzon Technology 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.
MCA Filings & Documents of Rayzon Technology 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.
Recent Activity on Rayzon Technology Private Limited
Frequently Asked Questions about Rayzon Technology Private Limited
Rayzon Technology is an active foreign private limited company based in Vadodara, Gujarat, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 20 June 2018 (8+ years old) and is registered under CIN U29309GJ2018FTC102923.
Rayzon Technology reported revenue of ₹4.18 Cr for FY 2024 (down 37% YoY).
Rayzon Technology has 2 current directors:
- Pradeep Bhogilal Patel - Managing Director
- Hemlata Pradeep Patel - Director
Rayzon Technology reported a net loss of ₹12.82 Lakh (net margin -3.1%) and EBITDA of -₹16.05 Lakh (EBITDA margin -3.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Rayzon Technology is 32% over three years and -1% over five years. In the latest year (FY 2024) revenue fell 37%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Rayzon Technology is 24AAHCG3693B1ZS, registered in Gujarat.
The CIN (Corporate Identification Number) of Rayzon Technology is U29309GJ2018FTC102923. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rayzon Technology was incorporated on 20 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Rayzon Technology can be reached through the website gindumac.in. Its registered office is in Vadodara, Gujarat, India.