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Manpasand Beverages Ltd. Company History and Annual Growth Details

The Promoter commenced the business of manufacturing fruit drinks under a sole proprietorship in the year 1997 which was subsequently transferred to the Company with effect from April 1, 2011 pursuant to a succession agreement dated December 17, 2010.
The Company was originally formed as a partnership firm under the Partnership Act in the name of ?Manpasand Agro Food?, pursuant to a deed of partnership dated January 4, 2010. The name of the partnership firm was changed to Manpasand Beverages pursuant to agreement modifying the partnership deed dated July 17, 2010. Manpasand Beverages was thereafter converted from a partnership firm to a public limited company under Part IX of the Companies Act, 1956 with the name of ?Manpasand Beverages Limited? and received a fresh certificate of incorporation from the Registrar of Companies on December 17, 2010. The certificate of commencement of business was granted by the Registrar of Companies, Gujarat, Dadra and Nagar Havelli on January 4, 2011. The Company was subsequently converted into a private limited company named ?Manpasand Beverages Private Limited? and a fresh certificate of incorporation consequent to conversion to private limited company was granted by the Registrar of Companies, Gujarat, Dadra and Nagar Havelli on August 5, 2011. Subsequently the Company was converted into a public limited company with the name ?Manpasand Beverages Limited? and a fresh certificate of incorporation was granted by the RoC on October 7, 2014.

Major events and Milestones :

1997

-Incorporation of proprietorship in the name Manpasand Agro Food

-Launched fruit drinks brand 'SIP'

2005

-Set-up manufacturing plant at Vadodara

2007

-Set up an additional line to produce tetra pak fruit drinks

2010

-Conversion of the proprietorship Manpasand Agro Food into a partnership firm under the name Manpasand Agro Food

2011

-Increased our installed capacity at the manufacturing plant at Vadodara

-Acquisition of business and operation by our Company from the proprietorship of our Promoter

-Conversion from a public limited company to a private limited company named Manpasand Beverages Private Limited

-Set-up a new manufacturing plant at Varanasi

-Inducted Mr. B.M. Vyas, ex-managing director of Gujarat Cooperative Milk Marketing Federation, the dairy company selling the Amul‘ brand, as an independent Director on the Board

-Granted ISO 22000:2005 by the Governing Board of Progressive International Certification Limited

2012

-Increased our total installed capacity at the manufacturing plants at Vadodara and Varanasi

2013

-Increased our total installed capacity at the manufacturing plants at Vadodara and Varanasi

-Signed Sunny Deol as brand ambassador for Mango SIP

2014

-Signed Mary Kom as brand ambassador for 'Manpasand ORS'

-Raised capital by way of allotment of 218,600 CCPS to SPIL

-Launched new brands 'Fruits up', Manpasand ORS and 'Pure Sip'

-Acquired the facility at Dehradun and consequently expanded owned capacity

-Raised capital by allotment of 112,500 Equity Shares to Aditya Birla Trustee Company Private Limited (held on behalf of Aditya Birla Private Equity Trust A/c Aditya Birla Private Equity Sunrise Fund)

-Conversion from a private limited company to a public limited company

2015

-Commencement of business at the Vadodara 2 manufacuring plant

-Granted ISO 9001:2008 by Geotek Global Certification Services for quality management system for manufacture of asceptic fuit juice (tetra & PET) and carbonated fruit drinks in respect of the Vadodara 2 Facility

-Granted ISO 14001:2004 by Geotek Global Certification Services for environmental management system for manufacture of asceptic fuit juice (tetra & PET) and carbonated fruit drinks in respect of the Vadodara 2 Facility

-Granted ISO 22000: 2005 by Geotek Global Certification Services for food management system for manufacture of asceptic fuit juice (tetra & PET) and carbonated fruit drinks in respect of the Vadodara 2 Facility.

2016
-Manpasand Beverages has tied up with Germany based wholesale major Metro Cash & Carry to tap urban markets.
-Manpasand introduces packaged tender coconut water.
-"Manpasand Beverages new manufacturing facility in Haryana completed".
-Manpasand Beverage 'Mango Slip' brand emerges as one of the fastest selling fruit drinks at SPAR's retail outlets.
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