Rite Water Solutions (India) Profile
Key Indicators
- Authorised Capital ₹ 22.00 Cr
- Paid Up Capital ₹ 2.85 Cr
- Company Age 20 Year, 5 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 five 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
- Website
- 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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Abhijeet Gan  | Managing Director | 01-Apr-2006 | Current |
| Amit Ahuja | Company Secretary | 19-Oct-2024 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Aparna Pittie | Nominee Director | 11-Oct-2024 | Current |
| Vinayak Gan | Whole-Time Director | 23-Jul-2012 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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.
Related Corporates (Common Directorship)
- Rite Water Lakecity Llp
Abhijeet Gan is a mutual person
- Rite Water (India) Private Limited
Abhijeet Gan and Vinayak Gan are mutual person
Clintech Equipments And Solutions Private LimitedAbhijeet Gan and Vinayak Gan are mutual person
- Garden Fragrances Private Limited
Vinayak Gan is a mutual person
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Jan 2024 | Others | ₹55.00 Cr | Open |
| 31 Oct 2022 | Hdfc Bank Limited | ₹6.00 M | Open |
| 25 Feb 2022 | Hdfc Bank Limited | ₹50.40 Cr | Open |
| 05 Dec 2016 | Others | ₹5.00 Cr | Satisfied |
| 08 Sep 2016 | Others | ₹1.00 Cr | Satisfied |
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.
Deals i
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
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
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 4 months 13 days .
- 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 4 months 21 days .
- 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.
- 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.
- Balance Sheet
Rite Water Solutions (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- 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.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Rite Water Solutions (India) Private Limited?
Rite Water Solutions (India) Private Limited was incorporated on 24 Sep 2004.
What is authorized share capital and paid-up capital of Rite Water Solutions (India) Private Limited?
The authorized share capital of Rite Water Solutions (India) Private Limited is ₹ 22.00 Cr and paid-up capital is ₹ 2.85 Cr.
Who are the current board members & directors of Rite Water Solutions (India) Private Limited?
Currently 4 directors are associated with Rite Water Solutions (India) Private Limited.
- Abhijeet Vinayak Gan
- Vinayak Shankarrao Gan
- Aparna Krishnakant Pittie
- Amit Vijay Ahuja
What is the registered address of Rite Water Solutions (India) Private Limited?
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.
What is the corporate identification number (CIN) and company number of Rite Water Solutions (India) Private Limited?
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).
What is the official website of Rite Water Solutions (India) Private Limited?
The Official website of Rite Water Solutions (India) Private Limited is https://www.ritewater.in
What has been the recent revenue trend for Rite Water Solutions (India) Private Limited?
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%.
How many employees does Rite Water Solutions (India) Private Limited currently have?
As Per 2023 financial reports, 112 employees are currently employed by Rite Water Solutions (India) Private Limited.
What change has been observed in the net worth of Rite Water Solutions (India) Private Limited, and by what percentage?
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%.
What are the total open charges for Rite Water Solutions (India) Private Limited?
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.
When was the last Balance Sheet of Rite Water Solutions (India) Private Limited filed with the ROC?
The most recent Balance Sheet for Rite Water Solutions (India) Private Limited was filed with the ROC on 31 Mar 2024.
People also Viewed
Radhika DorleDirectorVP
Vishwas PathakDirectorRK
Ranganathan KumarNominee DirectorVG
Vaishali GanDirectorAB
Amey BelorkarNominee DirectorSP
Soumya PandaNominee DirectorDM
Dhara MehtaNominee Director
Similar Companies Based on Water Treatment
Xylem Water Solutions India Private Limited Vadodara, Gujarat, India
Vishvaraj Environment Private Limited Mumbai, Maharashtra, India
Suez India Private Limited New Delhi, Delhi, India
Krishna Corpindia Private Limited Ahmedabad, Gujarat, India
Jwil Infra Limited Mathura, Uttar Pradesh, India
Praj Industries Limited Pune, Maharashtra, India
Eco Protection Engineers Private Limited Chennai, Tamil Nadu, India
Triveni Engineering And Industries Limited Gautam Buddha Nagar, Uttar Pradesh, India