Manpasand Beverages share price crash costs SAIF Partners $67m

Manpasand Beverages share price crash costs SAIF Partners $67m

(Clockwise from back left) Vivek Mathur, Mayank Khanduja, Deepak Gaur, Mukul Arora, Mukul Singhal and Mridul Arora of SAIF Partners. Photo:Priyanka Parashar/Mint

Venture capital investor SAIF Partners, the single largest public shareholder in Manpasand Beverages Ltd holding over 17% stake, has seen the value of its shareholding crash by over ₹450 crore, or $67 million, in just one week, as the beverage company’s stock went into a free fall, data from stock exchanges and Mint’s analysis show.

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