Coming soon
Business Overview
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 Size
Fresh Issue
₹300 Cr
(TBA Shares)
Offer For Sale
₹445 Cr
(TBA Shares)
Objects of Issue
- Funding working capital requirements of our Company
- General corporate purposes
Rite Water Solutions IPO Financial Performance
(Rs. in crores)
| 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 |
Key Performance Indicators (KPIs)
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 Holding
Promoter
80.13%
Public
19.87%
Vinayak Gan
48.85%
Abhijeet Gan
31.28%
Management
Vinayak Gan
Chairman
Abhijeet Gan
MD & CEO
Shyam Bhattbhatt
CFO
Registrar & Lead Managers
Registrar
Bigshare Services
Lead Managers (2)
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
Delete Comment?
Are you sure you want to delete this comment? This action cannot be undone.
Discussion
Join the discussion!
Log In to CommentNo comments yet. Be the first to share your thoughts!