Rite Water Solutions India Limited - IPO

Incorporated in September 2024, Rite Water Solution Limited is a Clean-tech company in India offering diverse solutions for rural transformation, solar agriculture, and IoT for energy, agriculture, and water management.

The company operates on an asset-light model, which allows us to scale our operations efficiently without significant capital investments, ensuring flexibility and resilience.

The company's customers comprise state government departments, organisations, and private corporations.

They partnered with various government clients on water and solar agriculture solutions projects via schemes like Jal Jeevan Mission, PM Kusum Scheme, and NMCG.

As of December 31, 2024, the company has engaged in projects across 21,807 villages.

As of December 31, 2024, the company had 9,131 installations with a purifying capacity of 627.42 million litres of water daily for 6,990 villages in Maharashtra, Bihar, Jharkhand, Rajasthan, West Bengal, and Chhattisgarh.

Similarly, as of December 31, 2024, the company installed over 8,736 solar pumps under the PM Kusum Scheme in 3,831 villages of Maharashtra and Rajasthan and 22 solar cold storages to aid farmers in Maharashtra.

As of December 31, 2024, the company's ongoing IoT operations are focused on energy and water management, monitoring, and ooptimization

The company plans to implement 250 schemes to improve water management in 2,639 villages and 1,837 sub-stations, facilitating real-time data use, enhancing energy efficiency, and promoting smart farming.

As of December 31, 2024, the company had 282 employees on its payroll.

• Comprehensive solutions focused on Clean-tech projects across multiple hhigh-growthsectors
• Track record of executing complex projects backed by innovation, enabling a strong Order Book and client relationships.
• Asset-light business model enabling agility and scalability.
• Sustainability-focused business model aligned with ESG principles and global sustainability goals.