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June 02, 2015 8:44 AM ET

Food Products

Company Overview of Manpasand Beverages Limited

Company Overview

Manpasand Beverages Limited operates as a fruit drink manufacturing company in India. The company offers mango based fruit drink under the Mango Sip brand; fruit drinks and carbonated fruit drinks under the Fruits Up brand; and fruit drinks with energy replenishing qualities under the Manpasand ORS brand. It also offers apple flavored fruit drink under the Apple Sip brand; and bottled water under the Pure Sip brand. Manpasand Beverages Limited was incorporated in 1997 and is based in Vadodara, India.

E – 62, Manjusar GIDC

Savli Road

Vadodara,  391 775


Founded in 1997

353 Employees


91 26 6726 4663


91 26 6726 4660

Key Executives for Manpasand Beverages Limited

Chairman, Managing Director, Chairman of IPO Committee, Member of Audit Committee, Member of Stakeholders Committee, Member of Corproate Social Responsibility Committee and Member of Risk Management Committee
Age: 52
Chief Financial Officer and Member of IPO Committee
Age: 40
Chief Controller of Operations
Age: 42
Whole Time Director, Member of Stakeholders Committee, Member of Corproate Social Responsibility Committee, Member of Risk Management Committee and Member of IPO Committee
Age: 27
Whole Time Director
Age: 42
Compensation as of Fiscal Year 2014.

Manpasand Beverages Limited Key Developments

Manpasand Beverages Launches ‘Fruits Up’ Beverage

Manpasand Beverages launched fruit juice-based ‘Fruits Up’ premium category beverage. Fruits Up which is launched in the market is the answer to debate of having healthy drink in the market.” The fruit juice based Fruits Up was launched in Godhra on September 24, 2014 and in Surat on September 25, 2014.

Varun Beverages And Devyani International May get Listed

Ravi Jaipuria is planning to launch an IPO (Initial Public Offering) for Varun Beverages Limited and Devyani International Ltd., held by RJ Corp Limited in 2015. Ravi Jaipuria has not specified the amount he is looking to raise, but said that this is the right time to tap the capital markets. Balaji Wafers Pvt. Ltd., Manpasand Beverages Ltd, and Cafe Coffee Day are also eyeing possible listing. While CavinKare Pvt. Ltd.’s promoter, C K Ranganathan said that the timing is right to step into the capital market, he said that he is not looking to list his firm. The official stated, “At least not for the next three years. We raised money last year from ChrysCapital and at the moment we are sufficiently funded.” Dhirendra Singh, Chairman and Managing Director, Manpasand Beverages, said that the need for capital coupled with the desire to give existing investors, SAIF Partners, an exit route is what prompted his decision to consider an IPO. “We have appointed Kotak Mahindra Capital and India Infoline to manage the issue. The IPO should be out in about six to eight months,” he said.

Manpasand Beverages Mulls IPO

Manpasand Beverages Ltd, backed by SAIF Partners is planning for initial public offering to raise $68 million. Manpasand Beverages has reportedly appointed Kotak Mahindra Capital Company Limited and India Infoline to manage the issue. Dhirendra Singh, Promoter of Manpasand Beverages said, "It will take us at least one year as we have just initiated the process".

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