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Rite Water Solutions (India) Ltd.

IPO Details
  • Issue Type Book building
  • Price range
  • Market Lot
  • Total Equity Shares
  • Face Value Rs. 2
  • Listing Date
IPO Timeline
Opening date
Closing date
Listing Date

IPO Details

We are the second fastest-growing company in the water sector in terms of revenue between Fiscal 2022 and Fiscal 2024, among the largest listed water sector companies standing out with a strong EBITDA margin, improving from 11.32% in Fiscal 2022 to 34.77% in Fiscal 2024, reflecting operational efficiency and growth trajectory (Source: 1Lattice Report). Leveraging our experience of delivering solutions in rural and remote areas, we have recently forayed into the solar agriculture solutions, becoming one of the emerging players, with ~8.09K solar pumps installed as on December 31, 2024, leading to us having a ~2.85% share out of 0.28M solar pumps installed between April- December 2024 period (Source: 1Lattice Report). Further, we have also leveraged our rural execution strengths to become one of the early players in delivering IoT Solutions for large scale projects.

Projects

1. Project Name: Funding working capital requirements of our Company

Project Cost: 2252.12

Promoters

Prmoters Name

1. Vinayak S. Gan

2. Abhijeet V. Gan

Prmoters Holdings
  • Pre Share Capital: 57332250
  • Pre Promoter Holding: 80.13
  • Offer to Public:
  • Post Share Capital:
  • Post Promoter Holding:

Registrar

Registrar Name:Bigshare Services Pvt Ltd
Phone: 91-022-40430200
Email: Investor@bigshareonline.com
Website:

Lead Managers

  • JM Financial Ltd.
  • Axis Capital Ltd.

Subscription Details