Rite Water Solution Limited
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Rite Water Solution Limited's is preparing to launch its Initial Public Offering (IPO) with a substantial issue size of TBD. The offering comprises a fresh issue component of TBD.
The price band for the IPO has been set at TBD, providing investors with a range to place their bids. The minimum investment lot consists of TBD, making it accessible to both retail and institutional investors.
The subscription window for this public offering opens on TBD and will conclude on TBD. Following the subscription period, the share allotment is scheduled for TBD, with the official listing expected to commence on TBD on the NSE, BSE exchange.
Founded in September 2024, Rite Water Solution Limited is a clean-tech company in India that provides solutions for rural development, solar agriculture, and IoT-based systems for energy, water, and farm management. The company follows an asset-light model, allowing it to scale operations efficiently while keeping costs low. It mainly works with state government departments, organizations, and private companies, and has partnered on projects under schemes like Jal Jeevan Mission, PM Kusum, and NMCG. As of December 31, 2024, the company has worked across over 21,000 villages, with thousands of water purification systems and solar pumps installed to support rural communities. It also focuses on IoT-based monitoring and smart management of water and energy, and plans to expand further with new projects aimed at improving efficiency and supporting smart farming. As of the same date, the company had 282 employees.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
The expected premium is based on market buzz and online information. It should not be considered as the actual listing price or valuation. Always refer to the RHP and seek advice from a financial expert before making any investment decisions.
- Water & Wastewater Solutions Focus: Company water treatment ane wastewater management projects ma kaam kare che, je sector ma long-term demand strong che.
- End-to-End Project Capability: Design thi lai ne installation ane maintenance sudhi complete solutions aape che, je thi client dependency vadhe che.
- Government & Industrial Demand: Smart city, sanitation ane industrial projects thi consistent order opportunity male che.
- Project-Based Revenue: Income project completion par depend hoy, je thi revenue consistency fluctuate thai shake che.
- Working Capital Intensive: Projects ma upfront investment ane delayed payments thi cash flow pressure create thay che.
- Execution Risk: Large-scale projects ma delay, cost overrun ke operational issues no risk rahe che.
- Vinayak S. Ganand
- Abhijeet V. Gan
Rite Water Solution Limited
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