Rite Water Solutions (India) Limited IPO DRHP
Rite Water Solutions (India) Limited has evolved from a water solutions provider to a clean-tech player focused on rural sustainability. It offers integrated solutions across water treatment, solar agriculture, and IoT, including services like water purification, solar irrigation, cold storage, and digital monitoring. It also manages operations and maintenance for these projects.
Rite Water Solutions IPO Objects
- Funding working capital requirements of our Company
- General corporate purposes
Rite Water Solutions IPO Details
Price Band₹0.00 |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹300.00 Cr (0.00 Shares) |
Offer For Sale₹445.00 Cr (0.00 Shares) |
Total Issue₹745.00 Cr (0.00 Shares) |
Face Value₹2 per equity share |
Category Allocation
| Particulars | Allocation |
|---|---|
| QIBs | Not more than 50% of Net Offer |
| Big HNIs (NII) | Not less than 10% of Net Offer |
| Small HNIs (NII) | Not less than 5% of Net Offer |
| Retail | Not less than 35% of Net Offer |
| Employee | NA |
| Shareholder | NA |
Rite Water Solutions IPO Financials
| Particulars | Dec-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Revenue from Operations | 305.68 | 202.75 | 119.43 | 76.81 |
| Profit after Tax | 71.51 | 49.28 | 25.02 | 8.68 |
| Net Worth | 305.71 | 234.20 | 93.17 | 68.19 |
| Total Borrowing | 45.93 | 18.65 | 4.35 | 16.76 |
| Total Assets | 422.18 | 295.25 | 126.13 | 101.09 |
| NAV per share (in ₹) | 42.73 | 35.31 | 11.05 | 8.09 |
| EPS - Basic (in ₹) | 9.99 | 7.43 | 2.97 | 1.03 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | Values |
|---|---|
| EBITDA | 34.77% |
| PAT | 24.31% |
| ROE | 21.04% |
| ROCE | 27.22% |
| Debt to Equity | 0.08 |
- All the data pertains to FY 2023-24.
Promoter Details
| Name | Shareholding |
|---|---|
| Vinayak Gan | 48.85% |
| Abhijeet Gan | 31.28% |
| Total | 80.13% |
Management Details
| Name | Designation |
|---|---|
| Vinayak Gan | Chairman |
| Abhijeet Gan | MD & CEO |
| Shyam Bhattbhatt | CFO |
Company Details
Name: Rite Water Solutions (India) Limited
Address: Plot No. K-60, MIDC Industrial Area Hingna Road Nagpur - 440016, Maharashtra, India
Number: +91 71 2222 0002
Email: info@ritewater.in
Website: www.ritewater.in
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Find answers to common questions that come in your mind related to IPO.
Rite Water Solutions IPO is a Mainboard IPO having an issue size of Rs. ₹745.00 Crs. Rite Water Solutions IPO is priced at ₹0.00 - ₹0.00 per share. The issue opens on 11 Feb 26 and closes on 11 Feb 26.
Rite Water Solutions IPO opens on 11 Feb 26 and closes on 11 Feb 26.
The estimated Grey Market Premium of Rite Water Solutions IPO is ₹0 per share (-).
The minimum lot size of Rite Water Solutions IPO is 0.00 shares & the minimum application amount is Rs. 0.
The allotment date of Rite Water Solutions IPO is 11 Feb 26.
The listing date of Rite Water Solutions IPO is 11 Feb 26.
Rite Water Solutions IPO is subscribed -.
Rite Water Solutions IPO is priced at ₹0.00 - ₹0.00 per share.
Click the allotment link on Rite Water Solutions IPO page of IPO360.
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- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
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- Money will remain blocked till the refund date
