Restaurant Franchise Opportunities

May, 29 2014

Manpasand Beverages to raise 400cr

Plans an IPO by next year.

By Franchise India Bureau
Manpasand Beverages to raise 400cr

Manpasand Beverages, the maker of 'Mango Sip', is in talks with investment banks Kotak Mahindra Capital Company and India Infoline to raise an IPO of Rs 400 crore in coming years.

Speaking on the same, Dhirendra Singh, MD, Manpasand Beverages, said, “It will take us at least one year as we have just initiated the process.”

Earlier the company has raised Rs 60 crore from SAIF Partners in 2011. And is growing at a fast pace expecting to reach 500 crore in financial year 2014-15, up from about 300 crore in the recently closed fiscal 2014.

Related: KFC offers home delivery to some customers

Click Here to add Comment
Please add your Comment
Rating
NEWSLETTER SIGNUP

Submit your email address to receive the latest updates on news & host of opportunities.

Most

Video

Magazines & Books

Read the latest franchising magazines and books to get comprehensive and up-to-date information on leading franchise systems, trends and more.

BOS
Recommended For You
Newsletter Signup
Submit your email address to receive the latest updates on news & host of opportunities.
Restaurant India

Copyright © 2009 - 2016 Franchise India Holdings Ltd.

The information contained herein is of generic nature only, and Franchise India is not, by means of this website or any part thereof, rendering professional advice or services. Before making any decision or taking any action that might affect your finances or business, you should consult a qualified professional advisor. Your use of this website or any of its pages or links given, is at your own risk and you assume full responsibility and risk of loss resulting from your usage. With respect to use of the website, kindly visit www.franchiseindia.com/terms.