Cupid Breweries has announced a significant strategic expansion by acquiring a 100% stake in Rinpoche Spirits Private Limited (RSPL) for approximately ₹354 crore through a share swap. The company also signed an MOU for a substantial production capacity unit in Odisha and plans to open new branches across five states, marking a concerted effort to grow its presence in the alcoholic beverage sector. Cupid Ltd. has been strategically diversifying its business operations beyond its traditional stronghold in the condom manufacturing and export sector. The company has been actively expanding its presence in the Indian Made Foreign Liquor (IMFL) segment, signalling a clear intent to capture a larger share of the rapidly growing Indian alcoholic beverage market. This diversification strategy positions Cupid as a challenger in an industry currently dominated by established giants.
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Record completeness: 5 of 7 records on file
Not on record: GST registration, Income-tax PAN
Export details the company has shared.
7 facts · 0 checked · 5 on record or declared · 2 unknown
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Manufacturer & Exporter
Ganjam, OD, India
No. Rinpoche Spirits Private Limited has not claimed its BharatSeal profile. Registry records on this page are on record in government registers; BharatSeal has not checked them separately.
Rinpoche Spirits Private Limited was incorporated in 2018 per Ministry of Corporate Affairs records under CIN U15490OR2018PTC029957. The company has been operating for 8 years, with the registration auditable on mca.gov.in.
Yes — exports to India.
MOQ varies by product, generally starting from 38708920 units.
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