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ActiveSurat, GujaratSince 2022

Rayzon Solar Limited

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Set up in 2022 in Surat. It has pledged its assets against loans of up to ₹4,732.2 crore from 14 lenders.

CINU29309GJ2022PLC133026
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4 years at a glance

Loans against its assets, and when today's people joined

2023202420252026LOANS AGAINST ITS ASSETSTODAY'S PEOPLE, WHEN THEY JOINEDRegistered as a companyICICI Bank Limited, up to ₹76.72 crore, 26 Sept 2022 to still openHDFC Bank Limited, up to ₹278.85 crore, 12 Dec 2022 to still openKotak Mahindra Bank Limited, up to ₹149.5 crore, 24 Nov 2023 to still openMercedes-Benz Financial Services India Private Limited, up to ₹68.9 lakh, 24 Feb 2024 to still openThe Hongkong and Shanghai Banking Corporation Limited, up to ₹6 crore, 12 Jul 2024 to still openBandhan Bank Limited, up to ₹48 crore, 16 Jul 2024 to 1 Jul 2025The Hongkong and Shanghai Banking Corporation Limited, up to ₹300 crore, 18 Jul 2024 to still openHDFC Bank Limited, up to ₹10.77 lakh, 20 Sept 2024 to still openHDFC Bank Limited, up to ₹7.5 lakh, 24 Sept 2024 to still openHDFC Bank Limited, up to ₹77.66 lakh, 11 Dec 2024 to still openMercedes-Benz Financial Services India Private Limited, up to ₹79.4 lakh, 27 Jan 2025 to still openHDFC Bank Limited, up to ₹13 lakh, 5 Feb 2025 to still openBandhan Bank Limited, up to ₹100 crore, 27 Feb 2025 to still openAxis Bank Limited, up to ₹210 crore, 30 Jul 2025 to still openRBL Bank Limited, up to ₹80 crore, 28 Aug 2025 to still openBajaj Finance Limited, up to ₹150 crore, 29 Aug 2025 to still openIndusind Bank Ltd., up to ₹85 crore, 7 Oct 2025 to still openIDBI Bank Limited, up to ₹80 crore, 18 Dec 2025 to still openRBL Bank Limited, up to ₹20 crore, 20 Jan 2026 to still openBank of Baroda, up to ₹100 crore, 20 Mar 2026 to still openBeacon Trusteeship Limited, up to ₹1,385 crore, 27 May 2026 to still openBeacon Trusteeship Limited, up to ₹1,385 crore, 30 Jun 2026 to still openState Bank of India, up to ₹300 crore, 17 Jul 2026 to still openKotak Mahindra Bank Limited, up to ₹23.55 crore, 6 Aug 2026 to still open
Loan still openLoan paid offSomeone joined, and is still there
  • 2022Registered as a company on 20 Jun 2022.
  • 2026Its biggest loan against assets, ₹1,385 crore with Beacon Trusteeship Limited, is still open.

Who runs it

This page does not list its directors yet. Open the company in Entiva to see who runs it on MCA's register today.

Who has lent to it

₹4,732.2 crorein loans backed by its assets, from 14 lenders

  • Beacon Trusteeship Limited₹2,770 crore

    2 open loans, taken out in 2026

  • The Hongkong and Shanghai Banking Corporation Limited₹306 crore

    2 open loans, taken out in 2024

  • State Bank of India₹300 crore

    Open, taken out 17 Jul 2026

  • HDFC Bank Limited₹279.94 crore

    5 open loans, taken out 2022 to 2025

  • Axis Bank Limited₹210 crore

    Open, taken out 30 Jul 2025

  • Kotak Mahindra Bank Limited₹173.05 crore

    2 open loans, taken out 2023 to 2026

  • Bajaj Finance Limited₹150 crore

    Open, taken out 29 Aug 2025

  • Bank of Baroda₹100 crore

    Open, taken out 20 Mar 2026

  • RBL Bank Limited₹100 crore

    2 open loans, taken out 2025 to 2026

  • Bandhan Bank Limited₹100 crore

    Open, taken out 27 Feb 2025

  • Indusind Bank Ltd.₹85 crore

    Open, taken out 7 Oct 2025

  • IDBI Bank Limited₹80 crore

    Open, taken out 18 Dec 2025

  • ICICI Bank Limited₹76.72 crore

    Open, taken out 26 Sept 2022

  • Mercedes-Benz Financial Services India Private Limited₹1.48 crore

    2 open loans, taken out 2024 to 2025

1 earlier loan, now paid off
  • Bandhan Bank Limited16 Jul 2024 to 1 Jul 2025₹48 crore

What its filings add

Rayzon Solar files these with the registrar. Entiva fetches and reads them for you.

  • Every year · AOC-4

    Revenue, profit and the balance sheet

    Its financial statements, year by year.

  • Every year · MGT-7

    Who owns it

    Its shareholders, and how much each one owns.

  • Each loan · CHG-1

    Each loan in detail

    The terms, and which assets back each loan.

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The details on this page come from public records, including MCA's register of companies as Entiva read it on . Things may have changed since. A loan amount is the most the lender can claim against the company's assets, not what is still owed.