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Issue Date:17 October 2017     Price in Rs. R 6500    Price in USD. $ 100

Bangalore based Hector Beverages Private Limited is in the non-alcoholic beverages business. Its brand Paper Boat has become quite popular in India’s metro cities. To increase its reach, Hector Beverages has tied up with Indo Nissin Foods Pvt. Ltd, the Japanese company which makes Top Ramen noodles.


Harvest Gold Industries was incorporated in Oct’09. The company has 3 directors – Neeraj Kumar Kakkar, Neeraj Biyani, VT Bharadwaj and Linda Brownstein; the latter two being nominee directors.


The company has raised several rounds of funding, including $29 million funding led by Sofina Capital and Hillhouse Capital. Earlier in 2011Hector Beverages had secured funding from Catamaran Ventures, and Footprint Ventures. It subsequently raised investments from Sequoia Capital.


During FY16, SFPL reported revenues of Rs 630m (USD 9.9m) and a loss of Rs 840m (USD 13.1m).

  • Company Background
  • Business Highlights
  • Financial Performance
  • Financial Details


  • Board of Directors
  • Financial Summary
  • Profit & Loss Account
  • Balance Sheet
  • Ratios


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