Description
Bira is an Indian craft beer brand launched in 2015 by B9 Beverages Pvt. Ltd. Ltd. The first distillery unit of the company started in Belgium from where it expanded to France, India, and other countries. Draft beer made from wheat, barley, and hops by Bira is available in 330 ml, 650 ml bottles, and 500 ml cans.
With its delicious beers, strong draft network, and bold identity, Bira91 quickly became a craze among urban millennials. Furthermore, the authorized share capital of the company is Rs. 428,750,432, and its paid-up capital is Rs. 414,996 864. Today, the company is among the top 25 craft beer brands globally by sales volume and the fastest-growing brand in the world. Due to this, it has been successful in attracting many investors to invest in the unlisted shares of Bira91.
In 2019, Bira91 received ICC sponsorship for the next five years. The company became the first Indian beverage brand to receive global cricket sponsorship from any cricket governing body. As a result, the Bira91 share price also increased on the unlisted stock market, allowing investors to achieve higher returns on investment during major ICC tournaments. Bira is the first Indian brand to sign a 5-year deal with the ICC ODI World Cup, ICC T20 World Cup, and ICC World Test Championship.
Bira91 is a growing beer company in India and unlike other companies, the unlisted price of the company is rising. The price of Bira91 unlisted shares available in the market is Rs. 813.8 per equity share – with six crore shares outstanding. The company recorded revenue of Rs 800 crore in FY22. Additionally, the craft beer market is expected to grow at approximately 11% CAGR from 55 million liters (2020) to 90 million liters (2025), ultimately making Bira91 the industry leader in the market.
As of now, the market price of Bira91 shares stands at Rs 642 per equity share. An unlisted share price of Bira91 varies and depends on various factors including the company’s current performance, market valuation, etc. Bira is known as one of the most prominent beers in the craft segment market. Today, Bira91 has a strong presence in key international markets such as the UK, USA, UAE, Thailand, Hong Kong, and Singapore.
