The Rayi is in the subtle form of energy with different levels capable of transforming into the matter of various forms in the subsequent Srishti = Creation.
Conclusion.
One could estimate the subtleness of this subject by a simple comparison.
Mahattatwa is so subtle that even Maharshis with their frontier of knowledge could cognize it as a mere symbol only.
Maharshis as Mantra Drashtas could reveal the secrets of Veda Mantras and brought out various Scriptures.
It was decades of deep study of Veda Mantras and scriptures and connecting various knots enabled the author to bring out the sequence through intuition