Raghav Productivity Enhancers (RPEL)

Yes, I saw that Monoolithisch is in the same line of business as Raghav. I read its DRHP but haven’t gone beyond that. I think they would enjoy the same business characteristics what Raghav enjoys. They are located closer to India’s steel belt, which works well when it comes to being closer to the customer. On the other hand, Rajasthan is widely regarded as having India’s best quality Quartz reserves with high silicon dioxide content and low levels of impurities, so Raghav has an advantage in terms of raw material sourcing.

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