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It was before the year 1998 that some eminent businessmen had stated a unique business in different location like in Mumbai, Orissa, Uttar Pradesh and Bihar. Later a better business relation among them bred a concrete association which resulted the start of a gold and silver business under the firm Act in 1998. Thus "Green Ray Enterprises" came into being and speeded its wings with full force.

This business grew by leaps and bounds and generated huge profit. Further to boost it up and to serve a wide client base across the country all the partners made a plan to convert the firm in to a private limited concern and in the year 2004 their dream became a realty in the form of “Green Ray International Ltd.” Having got its registered office in Orissa and its corporate office in Mumbai, some of its directors are running this business smoothly in various new places too.