Status: Planning Stage
Promoter: Manpasand Beverages
Project: Plans modernization of its beverages manufacturing facility (Vadodara-I)
Location: Manjusar Industrial Estate, dist. Vadodara, Gujarat
Project Cost: The estimated cost of the project is Rs. 186.875 million.
Project Details: The modernization will involve installation of new plant and machinery, namely blowing machine and PET bottle filling and packing lines. The unit manufactures fruit drink and carbonated fruit drink products. The company operates three separate production lines in this facility for tetra pak, PET bottle and PET bottle for carbonated fruit drinks. Orders for machinery are yet to be placed. The company is awaiting SEBI’s approval to raise funds through Initial Public Offer (IPO).
Work on the project will commence after approval from SEBI. The project is expected to be completed within 6 months from zero date.