Company recycling PET waste bottle scrap into PET pellets and sheets seeks a strategic investor.

- Business involved in reprocessing of PET post-consumer waste bottles.
- The business used to operate under an older entity but was re-established and re-incorporated last year with all the physical assets of the old company.
- Due to certain issues in the old organization we felt it best to start new.
- We still have customers in the old entity and are doing sales in that. However, now our new entity has started doing monthly sales of about INR 5-6 lakh and it has a maximum production capacity of 180 tons per month.
- The investor will get a 27% stake in the new entity.

Recycled PET granules, PET sheets blister sheets, and foamed PET.
PET sheets are the most sold product where and these are used in packaging things like battery cells.

Most of the investment is by the promoters and close to INR 2 crore as hand loan from the founder director.

Pelletising and Sheet Extrusion machine from EREMA, Austria along with ancillaries. The entire plant setup is worth INR 4.5 crore at market value.