Rite Water Solutions (India) Private Limited

Provides safe drinking water solutions using clean technology and products.

2004 | Nagpur, Maharashtra (India) | Active
Last Updated: November 16, 2024

Rite Water Solutions (India) Profile

Key Indicators

  • Authorised Capital ₹ 22.00 Cr
  • Paid Up Capital ₹ 2.85 Cr
  • Company Age 20 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 106.00 Cr
  • Satisfied Charges ₹ 22.50 Cr
  • Revenue Growth 52.48%
  • Profit Growth 67.47%
  • Ebitda 128.52%
  • Net Worth 38.86%
  • Total Assets 25.55%

About Rite Water Solutions (India)

Rite Water Solutions (India) Private Limited (RWSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 September 2004 and has a history of 20 years and four months. Its registered office is in Nagpur, Maharashtra, India.

The Corporate was formerly known as Nagpur Aquatech Private Limited. The Company is engaged in the Environment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 22.00 Cr and a paid-up capital of Rs 2.85 Cr.

The company currently has active open charges totaling ₹106.00 Cr. The company has closed loans amounting to ₹22.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Rite Water Solutions (India) Private Limited India is Amit Ahuja as COMPANY SECRETARY. Abhijeet Gan, Vinayak Gan, and Aparna Pittie serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29100MH2004PTC148812

  • Company No.

    148812

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Sep 2004

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Environment

What products or services does Rite Water Solutions (India) Private Limited offer?

Rite Water Solutions (India) Private Limited offers a wide range of products and services, including Disinfectant Sprayers, Disinfection Tunnel, Fumigation Machine, Mini Fogging Machines, Soap & Sanitizer Dispenser, Foot Operated Sanitizer Dispenser, Farming Tools, Equipment & Machines, Agricultural Sprayers, Automatic Sanitizer Dispenser.

Who are the key members and board of directors at Rite Water Solutions (India)?

Executive Team (2)

NameDesignationAppointment DateStatus
Abhijeet Gan Country flag representing In Managing Director01-Apr-2006Current
Amit Ahuja Company Secretary19-Oct-2024Current

Board Members (2)

NameDesignationAppointment DateStatus
Aparna Pittie Country flag representing In Nominee Director 11-Oct-2024Current
Vinayak Gan Country flag representing In Whole-Time Director 23-Jul-2012Current

Financial Performance of Rite Water Solutions (India).

Rite Water Solutions (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 52.48% increase. The company also saw a substantial improvement in profitability, with a 67.47% increase in profit. The company's net worth Soared by an impressive increase of 38.86%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
52.48%
Revenue from Operations
55.37%
Total Assets
25.55%
Profit or Loss
67.47%
Net Worth
38.86%
EBITDA
128.52%

What is the Ownership and Shareholding Structure of Rite Water Solutions (India)?

In 2023, Rite Water Solutions (India) had a promoter holding of 67.99% and a public holding of 32.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹106.00 Cr

Satisfied Charges

₹22.50 Cr

Charges Breakdown by Lending Institutions

  • Others : 55.00 Cr
  • Hdfc Bank Limited : 51.00 Cr

Latest Charge Details

DateLenderAmountStatus
19 Jan 2024Others₹55.00 CrOpen
31 Oct 2022Hdfc Bank Limited₹6.00 MOpen
25 Feb 2022Hdfc Bank Limited₹50.40 CrOpen
05 Dec 2016Others₹5.00 CrSatisfied
08 Sep 2016Others₹1.00 CrSatisfied

How Many Employees Work at Rite Water Solutions (India)?

Rite Water Solutions (India) has a workforce of 112 employees as of Jun 21, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rite Water Solutions (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Rite Water Solutions (India)'s trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Rite Water Solutions (India)

Recent activity within the organization

  • Director Appointment

    Amit Vijay Ahuja was appointed as a Company Secretary was appointed as a Company Secretary on 19 Oct 2024 & has been associated with this company since 3 months 13 days .

    19 Oct 2024

  • Director Appointment

    Aparna Krishnakant Pittie was appointed as a Nominee Director was appointed as a Nominee Director on 11 Oct 2024 & has been associated with this company since 3 months 21 days .

    11 Oct 2024

  • Annual General Meeting

    Rite Water Solutions (India) Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Charges

    A charge with Others of Rs. 55.00 Cr registered on 19 Jan 2024 with Charge ID 100866655 was modified on 25 Sep 2024.

    25 Sep 2024

  • Balance Sheet

    Rite Water Solutions (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 50.40 Cr registered on 25 Feb 2022 with Charge ID 100557864 was modified on 22 Mar 2024.

    22 Mar 2024

Frequently asked questions

  • Rite Water Solutions (India) Private Limited was incorporated on 24 Sep 2004.

  • The authorized share capital of Rite Water Solutions (India) Private Limited is ₹ 22.00 Cr and paid-up capital is ₹ 2.85 Cr.

  • Currently 4 directors are associated with Rite Water Solutions (India) Private Limited.

    • Abhijeet Vinayak Gan
    • Vinayak Shankarrao Gan
    • Aparna Krishnakant Pittie
    • Amit Vijay Ahuja
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rite Water Solutions (India) Private Limited is K-60 Midc Industrial Area Hingna Road, India, Nagpur, Maharashtra, 440016.

  • The corporate identification number (CIN) of Rite Water Solutions (India) Private Limited is U29100MH2004PTC148812 and the company number is 148812 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Rite Water Solutions (India) Private Limited is https://www.ritewater.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Rite Water Solutions (India) Private Limited has risen by 52.48%.

  • As Per 2023 financial reports, 112 employees are currently employed by Rite Water Solutions (India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Rite Water Solutions (India) Private Limited has experienced an upsurge of 38.86%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Rite Water Solutions (India) Private Limited amount to ₹ 106.00 Cr.

  • The most recent Balance Sheet for Rite Water Solutions (India) Private Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Water Treatment