Rite Water Solutions (India) Limited IPO
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.
Price Band₹0.00 |
Dates- |
GMP₹0 (-) |
Subscriptions- |
Issue Size₹745.00 Crs |
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 |
Rite Water Solutions IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
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Maximum
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| Small HNI |
Minimum
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Maximum
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| Big HNI |
Minimum
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Rite Water Solutions IPO GMP
The estimated Grey Market Premium of Rite Water Solutions IPO is ₹0 per 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.
Rite Water Solutions IPO Peer Comparision
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Rite Water Solutions IPO Peer Comparision
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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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Visit WebsiteFrequently Asked questions?
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 16 Jul 25 and closes on 16 Jul 25.
Rite Water Solutions IPO opens on 16 Jul 25 and closes on 16 Jul 25.
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 16 Jul 25.
The listing date of Rite Water Solutions IPO is 16 Jul 25.
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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- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
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- Navigate to the 'IPO' or 'ASBA' section.
- Select Rite Water Solutions IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date
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