Rite Water Solutions (India) Limited IPO

Rite Water Solutions (India) Limited IPO

Mainboard NSE & BSE 100% Book Built Offer
Open

Price Band

₹0.00

Total Issue

₹745.00 Cr

Bid Dates

TBA - TBA

Subscription

-

Est. GMP

₹0 (-)

Website DRHP

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.

Objects of Issue

  1. Funding working capital requirements of our Company
  2. General corporate purposes

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Rite Water Solutions IPO
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

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.

Shareholding

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

Bigshare Services

Frequently Asked Questions

What is Rite Water Solutions IPO?
Rite Water Solutions IPO is a Mainboard IPO having an issue size of ₹745.00 Crs. Rite Water Solutions IPO is priced at ₹0.00 - ₹0.00 per share. The issue opens on 17 Apr 26 and closes on 17 Apr 26.
When will Rite Water Solutions IPO open?
Rite Water Solutions IPO opens on 17 Apr 26 and closes on 17 Apr 26.
What is the GMP of Rite Water Solutions IPO?
The estimated Grey Market Premium of Rite Water Solutions IPO is ₹0 per share (-).
What is the lot size of Rite Water Solutions IPO?
The minimum lot size of Rite Water Solutions IPO is 0.00 shares & the minimum application amount is Rs. 0.
When is the allotment of Rite Water Solutions IPO?
The allotment date of Rite Water Solutions IPO is 17 Apr 26.
What is the listing date of Rite Water Solutions IPO?
The listing date of Rite Water Solutions IPO is 17 Apr 26.
What is the subscription of Rite Water Solutions IPO?
Rite Water Solutions IPO is subscribed -.
What is the price band of Rite Water Solutions IPO?
Rite Water Solutions IPO is priced at ₹0.00 - ₹0.00 per share.
How to check allotment status of Rite Water Solutions IPO?
Click the allotment link on Rite Water Solutions IPO page of IPO360.
How to apply Rite Water Solutions IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Rite Water Solutions IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Rite Water Solutions IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Rite Water Solutions IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date