United Spirits Limited - Company Profile

Q: Where is United Spirits Limited headquartered?

United Spirits Limited is headquartered at Ub Tower # 24, Vittal Mallya Road, Bangalore, Karnataka, 560001.

Q: Who are the current directors of United Spirits Limited?

The current directors of United Spirits Limited are Vegulaparanan Kasi Viswanathan, Mital Arvind Sanghvi, Hina Nagarajan, Pradeep Jain, Praveen Someshwar, Narayan Keelveedhi Seshadri, Mukesh Hari Butani, Pradeep Jain, Amrita Gangotra, Mark Dominic Sandys, Preeti Arora, Indu Bhushan.

It is a food and beverages public limited company based in Bangalore, Karnataka, India, established in 1999.

1999 Bangalore, Karnataka, India Active

Last Updated: January 08, 2026

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About United Spirits Limited

United Spirits Limited, a active public limited company, was established on 31 March 1999 in Bangalore, Karnataka, India. Engaging in alcoholic beverage manufacturing & distribution within the manufacturing sector, it holds CIN: L01551KA1999PLC024991. Registered under ROC Roc Bangalore. it is listed on BSE: 532432 and NSE: MCDOWELL-N. It has an authorized capital of ₹739.20 Cr and a paid-up capital of ₹145.47 Cr.

Formerly known as Mcdowell And Company Limited. It upholds a compliant status. In 2023, it reported revenue of ₹27,651.70 Cr and a net worth of ₹5,944.50 Cr. Employing 1,876 professional, Its leadership includes Vegulaparanan Kasi Viswanathan (Director), Mital Arvind Sanghvi (Company Secretary), Praveen Someshwar (Ceo). Past directors included Vinod Rao, Brij Mohan Labroo, Vijay Mallya. It holds ₹1,403.31 Cr open charges and ₹25,810.75 Cr settled loans. Its latest AGM occurred on 29 August 2025, with the balance sheet filed on 31 March 2025. It is based at 'Ub Tower' # 24, Vittal Mallya Road, Bangalore, Karnataka, 560001.

Company Details

CIN/LLPIN
L01551KA1999PLC024991
Registration Number
024991
Incorporation Date
31 March 1999
Authorized Capital
₹739.20 Cr
Paid-Up Capital
₹145.47 Cr
ROC Code
Roc Bangalore
Listing Status
Listed (BSE: 532432, NSE: MCDOWELL-N)
Company Status
Active

Key Metrics

Authorised Capital ₹ 739.20 Cr as on 08-01-2026
Paid Up Capital ₹ 145.47 Cr as on 08-01-2026
Company Age 27 Year, 1 Month
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 1,403.31 Cr as on 08-01-2026
Satisfied Charges ₹ 25,810.75 Cr as on 08-01-2026
Revenue Growth **** -10.14% (FY 2023)
Profit Growth **** 36.62% (FY 2023)
Ebitda **** -6.09% (FY 2023)
Net Worth 21.27% (FY 2023)
Total Assets **** 13.74% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into United Spirits Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at United Spirits Limited?

Current Directors

Name	Designation	Appointment Date	Status
Vegulaparanan Kasi Viswanathan	Director	17 Oct 2016	Current
Mital Arvind Sanghvi	Company Secretary	01 Jun 2020	Current
Praveen Someshwar	Ceo	01 Apr 2025	Current
Narayan Keelveedhi Seshadri	Director	09 Oct 2025	Current
Mukesh Hari Butani	Director	01 Mar 2024	Current
Pradeep Jain	Whole-Time Director	01 Feb 2023	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Nominee Director	16 Dec 2021	Past
Pramod Abcsdd	Director	04 Jul 2013	Past
Pramod Abcsdd	Director	25 Feb 2016	Past
Pramod Abcsdd	Company Secretary	31 Mar 2015	Past
Pramod Abcsdd	Director	01 Jun 2007	Past
Pramod Abcsdd	Additional Director	30 Aug 2017	Past

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Financial Performance of United Spirits.

United Spirits Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.14% decrease. The company also saw a substantial improvement in profitability, with a 36.62% increase in profit. The company's net worth Soared by an impressive increase of 21.27%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-10.14%

*******

Revenue from Operations

*******

-10.26%

*******

Total Assets

*******

13.74%

*******

Profit or Loss

*******

36.62%

*******

Net Worth

*******

21.27%

*******

EBITDA

*******

-6.09%

*******

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What is the Ownership and Shareholding Structure of United Spirits?

In 2023, United Spirits had a promoter holding of 56.68% and a public holding of 43.32%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹14,033,056,000.00

Satisfied Charges

₹258,107,462,257.00

Charges Breakdown by Lending Institutions

Others : 1284.46 Cr
Mbi Investment Ltd. : 75.00 Cr
Mbl Investments Ltd. : 43.20 Cr
State Bank Of Patiala : 0.65 Cr

Latest Charge Details

Date	Lender	Amount	Status
17 Jun 2010	Others	₹1,284.46 Cr	Open
27 May 2005	Mbl Investments Ltd.	₹43.20 Cr	Open
27 May 2005	Mbi Investment Ltd.	₹75.00 Cr	Open
01 Feb 1999	State Bank Of Patiala	₹6.50 M	Open
23 Dec 2015	The Hongkong And Shanghai Banking Corporation Limited	₹325.00 Cr	Satisfied

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How Many Employees Work at United Spirits?

United Spirits has a workforce of 1876 employees as of Jul 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of United Spirits, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped United Spirits's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on United Spirits

Recent Activity within the Organization

Director Appointment

Narayan Keelveedhi Seshadri was appointed as a Director was appointed as a Director on 09 Oct 2025 & has been associated with this company since 7 months 2 days . was recorded as a recent event.
09 Oct 2025
Annual General Meeting

The activity United Spirits Limited last Annual general meeting of members was held on 29 Aug 2025 as per latest MCA records. was completed.
29 Aug 2025
Director Appointment

The activity Praveen Someshwar was appointed as a CEO was appointed as a CEO on 01 Apr 2025 & has been associated with this company since 1 year 1 month . was completed.
01 Apr 2025
Balance Sheet

The activity United Spirits Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was completed.
31 Mar 2025
Director Appointment

Preeti Arora was appointed as a Director was appointed as a Director on 01 Oct 2024 & has been associated with this company since 1 year 7 months . was recorded as a recent event.
01 Oct 2024
Director Appointment

Amrita Gangotra was appointed as a Director was appointed as a Director on 01 Sep 2024 & has been associated with this company since 1 year 8 months . was recorded as a recent event.
01 Sep 2024

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