@SSingh i picked this company due to several reasons, few of them are:
1)PET bottles are more durable, transparent, lightweight, non-reactive, cost-effective and thermally stable. Moreover, they are ENVIRONMENTAL FRIENDLY and can be recycled repeatedly which further reduces their manufacturing cost. Primarily used in the packaging of drinking water and beverages, PET bottles are also gaining prominence as a packaging solution for salad dressings, household cleaners, medicines, dish detergents and mouthwashes. therefore demand is increasing in the global market and india is also a big market for this.
2) ipo money will used for expansion as mentioned in rhp.
3) presence in 19 states of india and 19 countries globally.
4)clients: Bisleri, parle agro, ITC, priya gold, cello, dukes, DS group and many...
5)no window dressing, no advertisement, genuine company, possibly a dark horse.
6) valuations very attractive, debt:0.
7)monopoly in this business.
hoping for the 4th quarter results soon.
disclosure: please invest after your thorough research of the company.