Manpasand Beverages Ltd (MBL) has the distinction of being the only listed player in the beverages segment in India. Having entered the beverages market through its flagship product Mango Sip, a mango based fruit drink, increasing consumer preference for healthier drinks has prompted MBL to extend its product portfolio under four new brands Fruits Up, Manpasand ORS, Pure Sip and Coco Sip. MBL plans to expand it capacities by 1.13x over FY16-18E from 177500 cases per day in FY16 to 377500 cases per day in FY18E by setting 4 new plants with each having a production capacity of 50,000 cases per day with a CAPEX outlay of 500 crs raised through the QIP process. With this QIP, MBL has become a...