Bira 91 Unlisted Share Description – Bira 91 beer is a popular brand in India made by B9 Beverages Limited, formerly known as B9 Beverages Private Limited. The New Delhi-based company, founded in 2015, is well-known among urban millennials for its distinctive branding, mouthwatering beer, and extensive draught network.
The company’s first brewery was based in the Belgian province of Flanders. After the beer was produced there using materials from the Himalayas, France, Belgium, and Bavarian farms, it was then shipped to India. Following the initial success, the business started producing beer in India using the same components.
Since the last few years, Bira 91 has been consistently witnessing growth not just in India but overseas as well. The company has maintained its position in the premium beer market and has set up India’s largest dispense beer network in restaurants and bars across the country and is internationally led by world world-class management team with strong industry experience with a background in consumer goods, and spirits, beer, and manufacturing.
Bira 91 is now available in over 550 towns and cities spread across 18 countries and brews its beers across five breweries in India.
The company during the year launched a new beer, RISE, and 7 limited-edition beers. Bira 91 also entered new categories with Hill Station hard ciders and Grizzly hard seltzers. The company participated in various national and international events including the ICC Men’s T20 World Cup in Australia, and a partnership with Delhi Capitals (IPL). Bira 91 Taproom launch at the Bengaluru International Airport, India Art Fair, India Cocktail Week, and numerous other F&B festivals.
In recent years, B9 Beverages has focused on increasing its geographical presence in the Canteen Stores Department, Airlines, and globally by entering the Cayman Islands, Canada, Germany, Israel, Mauritius, New Zealand, Norway, Poland, Seychelles, Taiwan. Further, in addition to its ongoing breweries at Kovvur, Indore, Mysore, and Nagpur, the company is planning to enhance its production footprint by setting up new breweries in other states as well.
Bira 91 Fundings:
- Including the latest funding, Bira 91 has raised USD 290 million from investors such as Sixth Sense Ventures, Sofina, and Sequoia India.
- In March 2023, Bira 91 raised USD 10 million from Japan’s largest bank, MUFG Bank, three months after it raised USD 70 million in its Series D funding round from Japanese beer company Kirin Holdings. (Source: inc42.com)
- In December 2023, B9 Beverages is set to raise INR 400 crore (USD 50 million) of fresh funds, executives close to the development said. (Source: Economictimes.com)
- In March 2024, B9 Beverages raised USD 25 million (INR 207 crore) in funding from Tiger Pacific Capital, an Asia-focussed investment firm headquartered in New York and Hong Kong. (Source: Business Insider)
- Bira 91 has raised a total funding of USD 346 million as of March 2024 across 18 rounds.
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Variants of Bira 91:
- Bira Rise
- Bira Superfresh White
- Bira Gold
- Bira Light
- Bira Blonde
- Bira Boom
- Bira Malabar Stout
- Bira Indian Pale Ale
Interesting Facts about Bira 91 – B9 Beverages
Bira 91 Team:
A team is driven to make the best beers possible and have fun while doing so.
- Mr. Ankur Jain, Founder & CEO
- Mrs. Meghna Agrawal, SVP – Finance
- Mr. Sudhir Jain, SVP – Manufacturing & Sustainability
- Mr. Deepak Sinha, Vice President – International Business
- Mr. Rahul Singh, SVP – Pubs & Taprooms
- Mr. Amandeep Singh Kahlon, Associate Director – Product & Growth
- Mr. Dheeraj Chaula, Vice President – Sales Excellence
- Mr. Gaddi Dave Dutt, Vice President – Sales (South & East)
- Mr. Aditya Sud, Vice President – Sales (North & West)
- Mr. Nayanabhiram Deekonda, Vice President – Human Resources & Admin
- Mr. Nawlendu Ranjan, Vice President – Procurement & Draft Service
- Mr. Sreekanth Neriyanuri, Vice President – Information Systems
- Mr. Shalabh Kumar, Director – Supply
- Mr. Vaibhav Verma, Associate Director – Digital Experience
Bira 91 Unlisted Share Details – Shareholding Pattern
Details of shareholders holding shares in the company as of 31 March 2023:
Shareholder Name | % to Holding | No. of shares |
Mr. Ankur Jain | 24.43 | 4,645,315 |
Day1 Advisors Private | 16.29 | 3,096,774 |
Mrs. Shashi Jain | 11.24 | 2,137,121 |
Sci Investments V | 8.39 | 1,594,625 |
Sequoia Capital India Investment IV | 4.44 | 844,531 |
Others | 35.21 | 35,449,728 |
Key Highlights
- The total revenue from operations of the company for fiscal year 2022-2023 stood at INR 824.34 crore as against INR 718.85 crore for the fiscal year 2021-2022 showing an increase of around 105.49 crore.
- Bira 91 holds a market share of 5% across key markets in India. It has five manufacturing facilities in the country and is available across 550 towns and 18 countries worldwide.
- The EBIDTA (before exceptional items) of the company for the fiscal year 2022- 2023 is (INR 215.68) crore as compared to (INR 216.17) crore for the fiscal year 2021- 2022.
Bira 91 Unlisted Share Details
Name | Bira 91 Unlisted Share Details |
Face Value | INR 10 per share |
ISIN Code | INE833U01014 |
Lot Size | 10 shares |
Demat Status | NSDL, CDSL |
Bira 91 Unlisted Share Price | INR 660 per share |
Market Cap | INR 3,153 crore |
Total number of shares | 47,768,094 shares |
Website | www.bira91.com |
Bira 91 Subsidiaries Companies
- Kamakhya Beer & Bottling Private Limited, India
- BTB Marketing Private Limited, India
- B9 Restaurants Private Limited, India
- Pomelo Flavormaker Merchandise and Events Private Limited, India
- B9 Beverages INC, USA
- B9 Beverages SPRL, Belgium
- B9 Beverages Pte. Ltd, Singapore
- B9 Beverages Limited, UK
- B9 Beverages Company Limited, Vietnam
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Bira 91 Services Board of Directors
- Mr. Ankur Jain, Managing Director
- Mrs. Shashi Jain, Director
- Ms. Sakshi Vijay Chopra, Nominee Director
- Ms. Ankeeta Pawa, Director
- Mr. Varun Kwatra, Company Secretary
Bira 91 Unlisted Share Details – Financial Metrics
Particulars | FY 2021 | FY 2022 | FY 2023 |
Revenue | 430.76 | 718.85 | 824.34 |
Revenue Growth (%) | (10.02) | 66.88 | 14.67 |
Expenses | 694.37 | 942.64 | 1,064.40 |
Net income | (251.51) | (396.06) | (445.48) |
Margin (%) | (58.39) | (55.10) | (54.04) |
ROCE (%) | – | (61.0) | (36.0) |
EPS | (73.76) | (95.83) | (93.26) |
Debt/Equity | 2.15 | 6.20 | 0.60 |
Bira 91 Annual Reports
Bira 91 Annual Report FY 2022 – 2023
Bira 91 Unlisted Share Peer Comparison
Company | 3-yr Sales CAGR (%) |
PE Ratio | Net Margin (%) | ROCE (%) | MCap (INR crore) |
Bira 91 | 19.86 | (7.08) | (54.04) | (36.0) | 3,153 |
Tilaknagar Industries | 21.3 | 30.6 | 12.89 | 15.5 | 4,109 |
Associated Alcohols & Breweries | 10.3 | 17.7 | 5.93 | 14.6 | 855 |
United Breweries | 4.84 | 135.0 | 4.07 | 11.4 | 45,702 |
IFB Agro Industries | 8.14 | 79.0 | 3.94 | 12.8 | 388 |
United Spirits | 4.40 | 65.2 | 10.61 | 20.0 | 82,845 |
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Bira 91 Unlisted Share FAQs
Is it safe to purchase unlisted shares in India?
What is Bira 91 unlisted share price?
Bira 91 unlisted stock price in April 2024 is INR 660 per share. Shares are purchased in lots of 10 shares.
Who determines the Bira 91 share price?
The unlisted share price is determined by a variety of factors including recent transaction price, supply and demand, valuation in the latest funding round, profitability, and return ratios.