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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Partially verified — 7 of 10 criteria met
Government-registered export credentials verified from DGFT and MCA registries.
RINPOCHE SPIRITS PRIVATE LIMITED is anchored to the official records above. Anything self-declared by the company is labelled separately on this page. Check another company free →
RINPOCHE SPIRITS PRIVATE LIMITED is a government-verified manufacturer of food manufacturing based in Ganjam, Odisha, India. It was incorporated in 2018 per Ministry of Corporate Affairs records (CIN U15490OR2018PTC029957). BharatSeal verifies it against MCA — official Indian government registries. Its BharatSeal trust score is 50 out of 100.
Manufacturer & Exporter
Ganjam, OD, India
Yes — verified across MCA (government registries including MCA, GSTN). CIN: U15490OR2018PTC029957.
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.
50 out of 100. BharatSeal's trust score is computed from the breadth of government registrations the entity carries (MCA + GSTN + Udyam + IEC + EPFO), the freshness of those records, and the entity's interaction history on the platform (orders completed, on-time delivery rate, dispute outcomes). Buyers use this number to triage suppliers at scale.
Yes — exports to India.
MOQ varies by product, generally starting from 38708920 units.
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