Seven Hills Beverages Ltd. వార్షిక వృద్ధి వివరాలు ఆధారంగా కంపెనీ చరిత్ర

The Company was incorporated as Seven Hills Beverages Private Limited on December 11, 2009 under Companies Act 1956 with Registrar of Companies, Pune bearing Registration No.135147. The status of the Company was changed to public limited and the name of the Company was changed to Seven Hills Beverages Limited vide Special Resolution dated April 10, 2017. The fresh certificate of incorporation consequent to conversion was issued on May 26, 2017 by the Registrar of Companies, Pune. Further, we have shifted the Registered Office from Pune to Nashik and have received a revised Corporate Identification Number as U15500MH2009PLC296411 vide certificate dated June 21, 2017 by the Registrar of Companies, Mumbai.

We are engaged in the business of manufacturing packaged drinking water for Bisleri International Pvt. Ltd. We operate as ÂCo-packersÂ for ÂBisleriÂ wherein we manufacture the bottles at the plant in order to avoid any possible contaminations and carry out the filling of purified water as well as final sealing and packaging. The water purification process is carried out in multiple stages to ensure that the water is free from all forms of bacteria and is in accordance with the process and standards of Bisleri International Pvt. Ltd and also BSI Manual namely IS 14543 : 2004 for Packaged Drinking Water.

The manufacturing plant spread across almost 2 acres of owned land is located at Dondori, Nashik in the state of Maharashtra. We have been augmenting the manufacturing capacities of this plant from time to time and the plant has a current installed capacity of 32,85,000 boxes (with each box consisting of 12 bottles each). This makes us a strong partner for ÂBisleriÂ in meeting the requirements of packaged drinking water supply in Nashik and areas nearby such as
Shirdi, Aurangabad etc. For details of the past capacity utilisations please refer Âthe Business Â Capacity and Capacity UtilizationÂ on page no. 81 of this Draft Prospectus.

The product Âpackaged drinking waterÂ is available in 5 pack sizes: 250 ml bottles, 500 ml, 1 litre, 2 litre and 20 litre jars. For details, please refer to Âthe Business ÂProduct PortfolioÂ on page no. 76 of this Draft Prospectus. We use advanced machinery and production techniques for all the manufacturing activities like bottle manufacturing, water treatment, packaged drinking water (ozonated) etc. We have an in-house testing and quality control system having fully
automatic and semi-automatic testing machines, under proper quality control and strict supervision. The in-house testing facilities are as per the general industry standards. For details, please refer to ÂThe Business - Testing and Quality ControlÂ on page no. 80 of this Draft Prospectus.

Recently, we have acquired 50.49% strategic stake in Palwe Pest Control Pvt. Ltd. (ÂPPCPLÂ), making it as the subsidiary company. PPCPL is a service provider, rendering pest control and other related services to corporate, societies and household. PPCPL has been in this business since more than 16 years and is a recognized brand in services such as General Pest Control Treatment, Birds Control Treatment, Landscaping services and Export Fumigation to Vessel and Container. We expect to achieve benefits in form of capital appreciation from these
investments, improvement in the financial results (as per ÂSubsidiary accountingÂ) as well as future synergies if any.

MAJOR EVENTS & MILESTONES

2009

- Incorporation of Company as Seven Hills Beverages Pvt. Ltd.

2010

- Agreement with Bisleri International Pvt. Ltd. for production of Packaged Drinking Water

2011

- Started the construction of the manufacturing unit at Nashik

- First International Delegates visit to the Factory

- Commencement of commercial product

2013

- Change in Management of our Company, where in ÂPalwe FamilyÂ got majority control

2014

- Received Certificate of Appreciation from Bisleri for consistent excellent services

2015

- New Machinery was installed, which resulted in increase in the existing capacity

2016

- Received MVAT Subsidy for the Machinery installed

2017

- Renewal of agreement with Bisleri International Pvt. Ltd. for production of Packaged Drinking Water

- Changed the status of our Company from Private to Public i.e. Seven Hills Beverages Limited.

- Company has decided to go for IPO for raising funds required for growth of the Company

- Acquired 50.49% shares in Palwe Pest Control Private Limited, making it a subsidiary of our Company

- Agreement with Bisleri International Pvt. Ltd. for production of Packaged Drinking Water

2011

- Started the construction of the manufacturing unit at Nashik

- First International Delegates visit to the Factory

- Commencement of commercial product

2013

- Change in Management of our Company, where in ÂPalwe FamilyÂ got majority control

2014

- Received Certificate of Appreciation from Bisleri for consistent excellent services

2015

- New Machinery was installed, which resulted in increase in the existing capacity

2016

- Received MVAT Subsidy for the Machinery installed

2017

- Renewal of agreement with Bisleri International Pvt. Ltd. for production of Packaged Drinking Water

- Changed the status of our Company from Private to Public i.e. Seven Hills Beverages Limited.

- Company has decided to go for IPO for raising funds required for growth of the Company

- Acquired 50.49% shares in Palwe Pest Control Private Limited, making it a subsidiary of our Company.

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