Bira
-26.55 % 1 MAbout Bira
A Comprehensive Overview of Price & Journey
Understanding Bira Inception and Growth
Overview
Bira 91, officially known as B9 Beverages Private Limited, is a prominent Indian craft beer company established in 2015 by Ankur Jain. Its headquarters is in New Delhi, India. Bira 91 has rapidly gained popularity for its diverse range of flavorful beers, appealing to a modern and youthful demographic. As the company continues to grow, many investors are keeping a close eye on the upcoming Bira share price and its future listing on the stock exchanges.
Products
The following are the varieties of beers offered by Bira 91:
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Wheat Beers, Such as Bira White.
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Lagers: Including Bira Blonde.
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Strong Ales: Like Boom Super Strong.
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Stouts and Specialty Beers: Featuring limited edition brews.
Funding and Valuation:
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Total Funding Raised: Approximately $457 million over 20 rounds.
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Latest Funding Round: Series D round in March 2024, raising $25 million from Kirin Holdings.
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Valuation: Estimated at $523 million as of the latest funding round.
Board of Directors:
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Ankur Jain: Founder and CEO.
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Other Directors: Information not publicly disclosed.
IPO Details:
Bira 91 is planning an initial public offering (IPO) in 2026 and has engaged Morgan Stanley for the pre-IPO process, aiming to meet specific operating milestones before going public. With increasing interest in the Indian beverage sector, the upcoming listing is expected to generate significant curiosity, especially among those tracking Bira share price in India and hoping to see it listed on major exchanges like the NSE. As of now, Bira share price NSE data is unavailable, since the company has not yet gone public.
Peers:
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Simba Beer
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Proost
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Geist Brewing Co.
Registered Office:
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Address: New Delhi, India.
About Bira
IPO Details, Price movement
Performance for FY22-23
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The Company’s revenue from operations increased to Rs 824 Crores in FY23 from Rs. 719 Crores in FY22.
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The Total Expense (excluding finance cost and depreciation cost) increased from Rs 782 Crores in FY22 to Rs 825 Crores in FY23.
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The Loss Before tax was Rs 396 Crores in FY22 and reached Rs 433.7 Crores in FY23.
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The Loss After tax was Rs 396 Crores in FY22 and reached Rs 445 Crores in FY23.
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There is a cash outflow of Rs 286 Crores from Operating Activities.
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The company spent Rs. 227 Crores on Investing activity
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The company received a cash inflow of Rs 536 crores from Financing activities.
Fundamentals
Financials
| P&L Statement | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Revenue | - | 430.76 | 718.85 | 824.32 |
| Other Income | - | 12.10 | 7.62 | 24.40 |
| COGS | - | 83.23 | 160.35 | 239.11 |
| Gross Profit | - | 359.63 | 566.12 | 609.61 |
| Total Expense | - | 459.98 | 782.29 | 825.29 |
| EBIDTA | - | -100.35 | -216.17 | -215.68 |
| D&A | - | 74.96 | 90.81 | 121.42 |
| EBIT | - | -175.31 | -306.98 | -337.10 |
| Interest Expense | - | 76.21 | 89.08 | 96.60 |
| PBT | - | -251.51 | -396.06 | -433.70 |
| TAX | - | - | - | 11.79 |
| PAT | - | -251.51 | -396.06 | -445.48 |
| Diluted EPS | - | -73.76 | -95.83 | -93.26 |
| Basic EPS | - | -73.76 | -95.83 | -93.26 |
| Total income | 0.00 | 442.86 | 726.47 | 848.72 |
ASSETS
| CURRENT ASSETS | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Cash and Cash Equivalents | - | 15.24 | 8.84 | 32.16 |
| Trade Payables | - | 121.25 | 119.04 | 169.68 |
| Inventory | - | 99.38 | 74.18 | 164.21 |
| Other Current Assets | - | 133.22 | 89.79 | 250.42 |
| Total Current Assets | 0.00 | 369.09 | 291.85 | 616.47 |
| NON CURRENT ASSETS | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Plant Property and Equipment | - | 355.21 | 366.40 | 446.62 |
| Long Term Investment | - | - | - | 1.10 |
| Other Non Current Assets | - | 31.29 | 71.83 | 209.98 |
| TOTOAL NON CURRENT ASSSETS | 0.00 | 386.50 | 438.23 | 657.70 |
| Total Assets | 0.00 | 755.59 | 730.08 | 1,274.17 |
|---|
| CURRENT LIABILITES | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| TRADW Payable | - | 183.18 | 203.25 | 290.06 |
| Other Current Liab | - | 248.37 | 321.39 | 501.61 |
| Total Current Liab | 0.00 | 431.55 | 524.64 | 791.67 |
| NON CURRENTLIABILITIES | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Long Term Debt | - | 137.35 | 155.77 | 17.40 |
| Deffered Tax Liab | - | - | - | 13.98 |
| Other Non Current Liab | - | 282.53 | 272.49 | 289.25 |
LIABILITIES
| EQUITY | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Share Capital | - | 13.27 | 14.21 | 19.02 |
| Reserves And Surplus | - | - | - | - |
| Other Equity | - | -109.12 | -237.05 | 142.85 |
| Retained Earnings | - | - | - | - |
| share Equity | 0.00 | -95.85 | -222.84 | 161.87 |
| Total Liabilities | 0.00 | 324.03 | 205.42 | 482.50 |
|---|
| CASH FLOW STAT | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Cash Flow from operating | - | -127.71 | -192.95 | -285.85 |
| Cash Flow from financing | - | 189.22 | 229.71 | 536.36 |
| Cash Flow from investing | - | -59.54 | -43.16 | -227.19 |
| Net cash flow | 0.00 | 1.97 | -6.40 | 23.32 |
Revenue Growth
PAT Growth %
EPS Growth %
TOTAL ASSETS Growth %
QUICK RATIO Growth %
LONG TERM DEBT TO EQUITY RATIO Growth %
Shareholding Pattern
2025
| Name | Designation | Share % |
|---|---|---|
| Mr. Ankur Jain | NA | 21.39% |
| Day1 Advisors Private Limited | NA | 23.51% |
| Mrs. Shashi Jain | NA | 10.22% |
| Peak XV Partners Investments IV | NA | 1.79% |
| Others | NA | 43.09% |
Events
| Name | Date | Details |
|---|---|---|
| No events available. | ||
Frequently Asked Questions
- The lockin period is of 6 months for pre-ipo investors i.e. they cannot sell their shares for 6 months after they get listed. However, they can definitely sell the shares in pre-ipo market before they get listed.
- With BharatInvest, you can now invest in unlisted/pre-ipo shares with as low as 25-50k depending upon the share.
- 1. You can download the NSDL or CDSL application and login into the account and check whether the shares have been credited or not.
- 2. Credit of Unlisted Shares/Pre-IPO shares can be checked in brokers application as well but it takes T+2 days to show the shares.
- The value of share in unlisted space is determined in the same way as it is done in listed market. Demand and supply decide the price of any share. If the demand more than the supply, then the prices of the share increases and vice versa.
- When a new shares is introduces in the unlisted space, the value of the company is decided upon the last funding raised by company. If the company hasn’t raised any funding in the past, then the valuation is decided upon the fundamentals of the company.
- A Public Unlisted Shares Is Not Listed on Stock Exchange, Where as a Listed Public Company Is Listed On Stock Exchange Such As BSE Or NSE For Trading Of Shares.
- If you sell your shares within 2 years, then you will have to pay Short-term Capital gain on unli sted shares. Short-Term Capital Gain is added in your Income. So, as per individual tax slab you need to pay capital gain tax.
- If you sell your shares after 2 years, then you will have to pay Long-term Capital gain on unlisted shares LTCG is 12.5% without indexation benefits.
- After listing of shares, the unlisted shares which you have bought through unlisted market, will be taxed at listed rates, if sold through exchange. So, taxes of listed market will be applicable. And, to calculate holding time, for determining LTCG or STCG, the purchase date of unlisted shares will be applicable.
- Absoluetly NOT! Grey market is all about speculation relation to open price, subscription rate etc. And does not include physical delivery of shares. Whereas in pre ipo market you get to invest in shares much before the ipo too and it involves physical delivery of shares. It is compeletly legal and does not include any such speculation.
- Existing stakeholders, promoters or employees who have equity shares of an unlisted company and early investors who wish to get value of their investment.
- Yes, investing in unlisted shares is undoubtedly legal in India. The trading takes place in the over-the-counter market.