About Indospirit Beverages Private Limited
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Indospirit Beverages Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Samka Holdings Private Limited. It operates in the alcoholic beverage manufacturing and distribution segment of the food and beverages sector. It was incorporated on 07 January 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U15100DL2014PTC263174. Its GSTIN is 07AAFCB7919K1ZB (Delhi). The company holds 11 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.75 Cr. It was formerly known as Bubbly Wines Private Limited and Indo Bevs Private Limited. It is led by directors Vikas Kumar and Sudarshan Lal Mahandru.
Its last annual general meeting (AGM) was held on 30 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B – 230 GF O.I.A Ph – 1 Okhla Phase – 1, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2025, the company reported a revenue of ₹370.67 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹9 Cr (net margin 2.4%) and EBITDA of ₹15.06 Cr (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 50% over five years.
The company has about 89 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: IndoBevs. As per MCA filings, the company has open charges of ₹40.06 Cr and satisfied charges of ₹88.39 Cr on record. Court records list 53 cases involving the company, including 46 filed by the company and 7 filed against it; 19 cases are pending. The company has 4 deals on record (1 rights issue, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹25 Cr; the latest was in November 2022. Its 5 peer companies in the Food and Beverages industry (Alcoholic Beverages), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 2 larger and 3 smaller; the largest is Superior Industries Limited with revenue of ₹376.86 Cr. The company has 6 MSME Form 1 returns on record between 2019 and 2023, listing 348 overdue payments to 73 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indospirit.com.
Company details
Name history
Indospirit Beverages has undergone 2 name changes throughout its history. The company was previously known as Bubbly Wines Private Limited, and Indo Bevs Private Limited. The current legal name is Indospirit Beverages Private Limited.
| Company Name | Status |
|---|---|
| Indospirit Beverages Private Limited | Current |
| Bubbly Wines Private Limited | Previous |
| Indo Bevs Private Limited | Previous |
CIN history
Indospirit Beverages has one previous CIN (Corporate Identification Number): U51220DL2014PTC263174. The current CIN is U15100DL2014PTC263174, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15100DL2014PTC263174 | Current |
| U51220DL2014PTC263174 | Previous |
Contact details
Indospirit Beverages Private Limited's registered office is in New Delhi, Delhi. Its website is indospirit.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB – 230 GF O.I.A Ph – 1 Okhla Phase – 1, New Delhi, Delhi, India – 110020
- IndustryFood and Beverages, Alcoholic Beverage Manufacturing & Distribution
To see the full contact details of Indospirit Beverages Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Indospirit Beverages operates one associated brand: IndoBevs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A brand specializing in high-quality beers and spirits for consumers. | indobevs.com |
Business activity
The main business activity of Indospirit Beverages is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Indospirit Beverages Private Limited, buy the company report.
Financials of Indospirit Beverages Private Limited
FY 2025 filings availableIndospirit Beverages Private Limited reported revenue of ₹370.67 Cr (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 50% over five years, including 13% growth in the latest year. EBITDA rose 65% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹15.06 Cr | ||||
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| Net Profit (PAT) | ₹9 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.1% | ||||
| Net Profit Margin | 2.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Indospirit Beverages Private Limited, buy the company report.
Board of directors of Indospirit Beverages Private Limited
Indospirit Beverages has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikas Kumar Also directs: Brobevs Private Limited, Wingman Verse Private Limited, Bongabonga Verse Private Limited and 3 more | Director | 19 Oct 2023 | 3 Years 0 Months | Current |
| Sudarshan Lal Mahandru | Director | 16 Jan 2023 | 3 Years 9 Months | Current |
Peer comparison
Indospirit Beverages Private Limited is compared with the 5 companies closest to it by revenue in the Food and Beverages industry (Alcoholic Beverages), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Superior Industries Limited | ₹376.86 Cr (FY 2025) | 11.0% | New Delhi, Delhi, India | |||
| Bhatia Wine Merchants Private Limited | ₹376.24 Cr (FY 2025) | 4.0% | Bilaspur, Chhattisgarh, India | |||
| Indospirit Beverages Private Limitedthis company | ₹370.67 Cr (FY 2025) | ₹9 Cr | 2.4% | 13.0% | 89 | New Delhi, Delhi, India |
| Narmada Sugar Private Limited | ₹360.71 Cr (FY 2024) | -1.0% | Indore, Madhya Pradesh, India | |||
| Sona Beverages Private Limited | ₹355.05 Cr (FY 2025) | 48.0% | Raipur, Chhattisgarh, India | |||
| Shri Gang Industries and Allied Products Limited | ₹353.24 Cr (FY 2025) | 22.0% | Sandila, Uttar Pradesh, India |
To see the full peer comparison of Indospirit Beverages Private Limited, buy the company report.
Auditor
Indospirit Beverages Private Limited is audited by SRKA & Company for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRKA & Company | FY 2024 | 020656N |
Shareholding
The shareholding of Indospirit Beverages Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Indospirit Beverages Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 May 2025 | 101103158 | Others | ₹40 Cr | Open | |
| 13 May 2025 | 101127127 | Hdfc Bank Limited | ₹6 Lakh | Open | |
| 10 Jan 2025 | 101042052 | Others | ₹15 Cr | Satisfied | |
| 28 Feb 2022 | 100552109 | State Bank of India | ₹6 Cr | Satisfied | |
| 13 Jan 2022 | 100534996 | Others | ₹10 Cr | Satisfied |
To see the full charge records of Indospirit Beverages Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Indospirit Beverages Private Limited has 4 deals on record (1 rights issue, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹25 Cr; the latest was in November 2022.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2022 | Funding round | ₹25 Cr | Investors: an individual |
| Apr 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Nov 2019 | Rights issue | ₹22.5 Cr | Investors: 2 individuals |
| Feb 2019 | Acquisition | ₹11 Cr | Buyer: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Indospirit Beverages Private Limited has 53 court cases on record: 46 filed by Indospirit Beverages, 7 filed against it. 19 cases are pending and 34 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 43 | 3 | 16 |
| High courts | 10 | 4 | 3 |
Cases on record (5 of 53)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (RFA(COMM)) | Filed against the company by M/S Morning Stores NKM Pvt. Ltd. | Pending |
| High Court of Delhi | Commercial suit | Filed by the company against KD Green Solution Private Limited and Anr | Pending |
| District court, South East, Delhi | Execution petition | Filed by the company against Morning Stores NKM Pvt. Ltd. | Pending |
| District court, South East, Delhi | Court case (RCA DJ) | Filed against the company by M/S Pioneer Gel Private Limited | Pending |
| District court, North Goa, Goa | Commercial suit | Filed by the company against Indo Pacific Beverages LLP (Ipbl)) | Pending |
To see the full case history of Indospirit Beverages Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Indospirit Beverages Private Limited has 6 MSME Form 1 returns on record between 2019 and 2023, listing 348 overdue payments to 73 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 73)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Govind Poy Oxygen Limited | |||
| Vinsura Winery Private Limited | |||
| an individual supplier | |||
| Energia Process Technologies Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Indospirit Beverages Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Indospirit Beverages Private Limited has a workforce of 89 employees on its EPFO records as of Sep 23, 2025, across 1 active EPFO establishment.
GST
Indospirit Beverages has 11 GST registrations: 11 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAFCB7919K1ZB | Delhi | Active | 01 Jul 2017 |
| 30AAFCB7919K1ZM | Goa | Active | 01 Jul 2017 |
| 27AAFCB7919K1Z9 | Maharashtra | Active | 22 May 2018 |
| 04AAFCB7919K1ZH | Chandigarh | Active | 02 Jul 2018 |
To see the full GST registrations and return filing status of Indospirit Beverages Private Limited, buy the company report.
Recent activity
Indospirit Beverages Private Limited has 8 board changes on record since 2016: 2 appointments and 6 cessations. The latest: Vikas Kumar was appointed as Director on 19 Oct 2023.
17 earlier events are in the company report.
Frequently asked questions
Indospirit Beverages is an active private limited company based in New Delhi, Delhi, India. The company works in alcoholic beverage manufacturing and distribution, within the food and beverages industry. It was incorporated on 07 January 2014 (12+ years old) and is registered under CIN U15100DL2014PTC263174.
Indospirit Beverages has 2 current directors:
- Vikas Kumar - Director
- Sudarshan Lal Mahandru - Director
The latest financial statements of Indospirit Beverages on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 October 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Indospirit Beverages is 07AAFCB7919K1ZB, registered in Delhi. The company has 11 GST registrations in all, of which 11 are active. Other active GSTINs include 30AAFCB7919K1ZM (Goa), 27AAFCB7919K1Z9 (Maharashtra), 04AAFCB7919K1ZH (Chandigarh).
The CIN (Corporate Identification Number) of Indospirit Beverages is U15100DL2014PTC263174. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indospirit Beverages has 53 court cases on record: 46 filed by the company and 7 filed against it. 19 are pending. Most are in the district courts.
Indospirit Beverages was incorporated on 07 January 2014, making it 12+ years old. It is registered with the Registrar of Companies, Delhi.
Indospirit Beverages has 4 deals on record (1 rights issue, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹25 Cr; the latest was in November 2022.
The peers of Indospirit Beverages by revenue are Superior Industries Limited, Bhatia Wine Merchants Private Limited, Narmada Sugar Private Limited, Sona Beverages Private Limited, Shri Gang Industries and Allied Products Limited, all in the Food and Beverages industry (Alcoholic Beverages), with the same principal business activity (food, beverages and tobacco products).
Vikas Kumar was appointed as Director on 19 Oct 2023. Sudarshan Lal Mahandru was appointed as Director on 16 Jan 2023. Sudarshan Lal Mahandru ceased to be Director on 19 Jul 2021. Indospirit Beverages has 8 board changes on record in total.
Indospirit Beverages has 6 MSME Form 1 returns on record between 2019 and 2023, listing 348 overdue payments to 73 micro and small suppliers. The latest return was filed on 05 Feb 2024.
Indospirit Beverages can be reached through the website indospirit.com. Its registered office is in New Delhi, Delhi, India.