
About Manpasand Beverages Limited
Data last updated:
Manpasand Beverages Limited is a public limited company based in Vadodara, Gujarat, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the non-alcoholic beverage manufacturing and distribution segment of the food and beverages sector. It was incorporated on 17 December 2010.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L15549GJ2010PLC063283. Its GSTIN is 09AAHCM1210E1ZZ (Uttar Pradesh). The company holds 13 GST registrations, of which 1 is active. Its shares are listed on BSE: 539207.
The company has an authorised share capital of ₹115 Cr and a paid-up capital of ₹114.46 Cr. It was formerly known as Manpasand Beverages Private Limited. It is led by directors including Dhirendra Hansraj Singh (Managing Director) and Abhishek Dhirendra Singh (Whole-Time Director).
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 1768 & 1774 Patki – 1 Village Manjusar Tal. Savli, Vadodara, Gujarat, India – 391775.
As per the financials filed for FY 2020, the company reported a revenue of ₹43.31 Cr, a decline of 93% compared to the previous year. For the same year it recorded a net loss of ₹591.87 Cr and EBITDA of ₹85.81 Cr (EBITDA margin 198.1%). Revenue has declined at a compounded annual rate (CAGR) of 61% over three years and 35% over five years.
The company has about 558 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has satisfied charges of ₹369.1 Cr on record. Court records list 300 cases involving the company, including 74 filed by the company and 238 filed against it; 94 cases are pending. The company has 16 deals on record (8 market trades, 3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹76.24 Cr; the latest was in October 2019. Its 10 peer companies in the Food and Beverages industry (Non Alcoholic Beverages) are compared by revenue, 5 larger and 5 smaller; the largest is Iceberg Foods Limited with revenue of ₹47.66 Cr.
The last known website on record is manpasand.co.in.
CIN History of Manpasand Beverages Limited
Manpasand Beverages has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L15549GJ2010PLC063283, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L15549GJ2010PLC063283 | Current |
| U15549GJ2010PLC063283 | Previous |
| U15549GJ2010PTC063283 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address1768 & 1774 Patki – 1 Village Manjusar Tal. Savli, Vadodara, Gujarat, India – 391775
- IndustryFood and Beverages, Non-Alcoholic Beverage Manufacturing & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Manpasand Beverages Limited
The main business activity of Manpasand Beverages is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Manpasand Beverages Limited FY 2020 filings available
Manpasand Beverages Limited reported revenue of ₹43.31 Cr (down 93% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Manpasand Beverages Limited
Revenue has declined at a compounded annual rate (CAGR) of 35% over five years, including a 93% fall in the latest year. EBITDA rose 118% 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 of Manpasand Beverages Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹43.31 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹85.81 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹591.87 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Manpasand Beverages Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 198.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Manpasand Beverages are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Manpasand Beverages Limited
Manpasand Beverages has 6 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nishish Mobar | Director | 09 Oct 2019 | 7 Years 0 Months | As last reported |
| Dhirendra Hansraj Singh | Managing Director | 17 Dec 2010 | 15 Years 10 Months | As last reported |
| Abhishek Dhirendra Singh | Whole-Time Director | 17 Dec 2010 | 15 Years 10 Months | As last reported |
| Bharti Pratish Naik | Director | 31 Dec 2020 | 5 Years 9 Months | As last reported |
| Vimal Ravjibhai Patel | Director | 03 Jan 2020 | 6 Years 9 Months | As last reported |
| Shobhit Kulshrestha | Director | 06 Jul 2024 | 2 Years 3 Months | As last reported |
Peer Comparison of Manpasand Beverages Limited
Manpasand Beverages Limited is compared with the companies closest to it by revenue in the Food and Beverages industry (Non Alcoholic Beverages). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Iceberg Foods Limited | ₹47.66 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Netaji Subhash Place, Delhi, India |
| Lkesulal International Private Limited | ₹47.35 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Jaipur, Rajasthan, India |
| SMV Beverages Private Limited | ₹47.08 Cr (FY 2024) | •••• | •••• | -28.0% | •••• | Nagpur, Maharashtra, India |
| Navya Foods Private Limited | ₹45.25 Cr (FY 2024) | •••• | •••• | -18.0% | •••• | Chittoor, Andhra Pradesh, India |
| Indoden Enterprises Private Limited | ₹44.59 Cr (FY 2024) | •••• | •••• | -18.0% | •••• | Sonipat, Haryana, India |
| Manpasand Beverages Limited this company | ₹43.31 Cr (FY 2020) | •••• | •••• | -93.0% | •••• | Vadodara, Gujarat, India |
| Harvestland Beverages Private Limited | ₹42.75 Cr (FY 2025) | •••• | •••• | 254.0% | •••• | Guwahati, Assam, India |
| Global Farm Fresh Private Limited | ₹42.65 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Tirupati, Andhra Pradesh, India |
| Aseptic Quality Foods Private Limited | ₹42.55 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Kolar, Karnataka, India |
| Hansraj Agrofresh Private Limited | ₹41.6 Cr (FY 2018) | •••• | •••• | 3.0% | •••• | Varanasi, Uttar Pradesh, India |
| Varadharaja Foods Private Limited | ₹40.11 Cr (FY 2018) | •••• | •••• | 15.0% | •••• | Salem, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Manpasand Beverages by revenue in the Food and Beverages industry (Non Alcoholic Beverages), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Manpasand Beverages Limited
Manpasand Beverages Limited is audited by BAGARIA & CO LLP for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BAGARIA & CO LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Manpasand Beverages Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Manpasand Beverages Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Jul 2019 | Idbi Trusteeship Services Limited | ₹100 Cr | Satisfied |
| 15 Jul 2011 | Union Bank of India | ₹134.55 Cr | Satisfied |
| 15 Jul 2011 | Union Bank of India | ₹134.55 Cr | Satisfied |
Total charge records: 3 View all charges
Deals & Funding of Manpasand Beverages Limited
Manpasand Beverages Limited has 16 deals on record (8 market trades, 3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹76.24 Cr; the latest was in October 2019.
Deals on record (5 of 16)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2019 | Market trade | ₹42.6 Lakh | Buyer: Equity Intelligence |
| Sep 2019 | Market trade | ₹71.8 Lakh | Buyer: Alpha Leon Enterprises LLP Seller: Alpha Leon Enterprises LLP |
| Sep 2019 | Market trade | ₹1.1 Cr | Buyer: Alpha Leon Enterprises LLP Seller: Alpha Leon Enterprises LLP |
| Oct 2016 | QIP | ₹500 Cr | Investors: Others-Manpasand Beverages Limited, Baron Emerging Markets Fund, Nomura India Investments Fund Mother Fund |
| Jul 2015 | IPO | ₹400 Cr | Investors: Sbi Magnum Midcap Fund, Icici Prudential Balanced Advantage Fund, IPO Shareholders - Manpasand Beverages Limited |
Full deal history
All 16 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Manpasand Beverages Limited
Manpasand Beverages Limited has 300 court cases on record: 74 filed by Manpasand Beverages, 238 filed against it. 94 cases are pending and 206 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 165 | 161 | 38 |
| High courts | 80 | 34 | 35 |
| NCLT | 25 | 25 | 12 |
| NCLAT | 23 | 16 | 8 |
| Supreme Court | 7 | 2 | 1 |
Cases on record (5 of 300)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Waterproof Corporation Private Limited | Pending |
| Supreme Court | Appeal | Filed by the company against BSE Limited | Pending |
| High Court, GUJARAT | Court case (SCR.A) | Filed by the company against Annapurna Pet Pvt. Ltd. Thro Rahul Kankani S/O Satyanarayn Kankani and 1 other | Pending |
| District court, Varanasi, Uttar Pradesh | Court case (ORIGINAL SUIT) | Filed by the company against Bagaria and Co. LLP | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Tetra-Pak India Private Limited | Disposed |
Full case history
All 300 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Manpasand Beverages Limited
Manpasand Beverages Limited has a workforce of 558 employees as of Sep 19, 2025.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Manpasand Beverages Limited
Manpasand Beverages has 1 subsidiary company. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Manpasand Products Private Limited | U74999GJ2019PTC107162 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Manpasand Beverages Limited
Manpasand Beverages Limited has 34 board changes on record since 2010: 20 appointments and 14 cessations. The latest: Shobhit Kulshrestha was appointed as Director on 06 Jul 2024.
33 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Manpasand Beverages Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Manpasand Beverages Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Manpasand Beverages Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Manpasand Beverages Limited
Manpasand Beverages has 13 GST registrations: 1 active and 12 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAHCM1210E1ZZ | Uttar Pradesh | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Manpasand Beverages Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Manpasand Beverages Limited
Frequently Asked Questions about Manpasand Beverages Limited
Manpasand Beverages is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Manpasand Beverages is a company under insolvency, formerly operating as a public limited company based in Vadodara, Gujarat, India. The company works in non-alcoholic beverage manufacturing and distribution, within the food and beverages industry. It was incorporated on 17 December 2010 and is registered under CIN L15549GJ2010PLC063283. Listed on BSE: 539207. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Manpasand Beverages reported revenue of ₹43.31 Cr for FY 2020 (down 93% YoY).
Manpasand Beverages has 6 current directors:
- Dhirendra Hansraj Singh - Managing Director
- Abhishek Dhirendra Singh - Whole-Time Director
- Nishish Mobar - Director
- Bharti Pratish Naik - Director
- Vimal Ravjibhai Patel - Director
- Shobhit Kulshrestha - Director
Manpasand Beverages reported a net loss of ₹591.87 Cr and EBITDA of ₹85.81 Cr (EBITDA margin 198.1%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Manpasand Beverages is -61% over three years and -35% over five years. In the latest year (FY 2020) revenue fell 93%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Manpasand Beverages is L15549GJ2010PLC063283. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Manpasand Beverages is listed on BSE with code 539207.
Manpasand Beverages has no open charges and satisfied charges of ₹369.1 Cr as per latest MCA filings.
Manpasand Beverages has 300 court cases on record: 74 filed by the company and 238 filed against it. 94 are pending. Most are in the district courts.
Manpasand Beverages was incorporated on 17 December 2010. It is registered with the Registrar of Companies, Ahmedabad.