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Bira91 Unlisted Share Prices By Altius Investech

The founder of Bira, Ankur Jain, during his stint in New York, had co-founded a health management start-up, Reliant MD. One of the US's most famous craft breweries, Brooklyn Brewery, was close to his place of business and his passion for craft beer expanded as he visited the brewery every Saturday afternoon

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Bira91 Unlisted Share Prices By Altius Investech

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  1. BIRA91 UNLISTED SHARE PRICES BY ALTIUS INVESTECH

  2. About Bira 91 Established in the summer of 2015 by B9 Beverages and headquartered in New Delhi, Bira 91 has quickly become the rage amongst urban millennials owing to its delicious beers, bold identity, and strong draft network. It is crafted with the creative urban drinker in mind someone who likes to have fun and the brand aims to disrupt the global beer world with 21st-century technology and its playful monkey mascot. In 2017, Bira 91 leaped across to New York City to begin its campaign in the United States. It has a passionate team of over 350 beer lovers who have only one goal - to change the world of beer and beer for the world.

  3. Overview of Bira91 Unlisted Share Prices The founder of Bira, Ankur Jain, during his stint in New York, had co-founded a health management start-up, Reliant MD. One of the US's most famous craft breweries, Brooklyn Brewery, was close to his place of business and his passion for craft beer expanded as he visited the brewery every Saturday afternoon. Upon his return to India, he discovered that there were no possibilities for Craft Beer. Jain decided to pivot after realising there was a market for beer in India. Destiny and Jain‘s passion for craft beer made his dream come true in 2007 when he founded the Cerana Beverages (now B9 Beverages). A company that imported and distributed craft beer brands from Belgium, Germany and the US. Jain's experience helped him understand intricacies and the Indian taste palate much better. The beer was marketed in 330 ml bottles in Delhi, Mumbai and Bangalore. Cerena Beverages which is a beverage importer and distributor, controls India’s first and largest draught beer distribution network, which is found in restaurants and pubs across the country.

  4. Industry Overview The beer market in India is estimated to increase by USD 4,449.19 million from 2022 to 2027. The market's growth momentum will progress at a CAGR of 8.76% during the forecast period. The market is fragmented due to the presence of diversified international and regional vendors. The growth of online retailing of beer is notably driving the market growth. In India, the use of the Internet for beer sales and marketing is increasing. However, e-commerce is helping small businesses such as craft beer makers get their products in front of a wide range of customers. Beer availability on online trading platforms expands vendor visibility and It also allows vendors to sell more to Internet-savvy customers.

  5. Market Capitalisation of Bira 91 Unlisted Shares Equity shares 1.6 crores outstanding as on 31st March, 2023. Market Cap = (1.6 * 600) = 1011 Bira has around 7 crore preference shares. Market Cap on a dilutive basis = (8.6 cr * 600) = 5160 approx. (Share Price taken as on date of 1st March, 2024)

  6. IPO Plans While Bira 91 has expressed an intention to go public in the past, the timing is currently uncertain. Here's what we know: Evidence of IPO plans: · Public company status: In 2022, B9 Beverages converted itself into a public company called B9 Beverages Limited, a key step in the IPO process. · Previous statements: Bira 91's CEO, Ankur Jain, previously stated plans for an IPO in the next three to five years, which would have placed it within the timeframe of 2022 to 2027. · Expansion and fundraising: Recent efforts like acquiring The Beer Cafe, building new production facilities, and seeking fresh funds could be seen as preparation for an eventual IPO.

  7. Bira Unlisted Share Price Journey Bira unlisted shares were introduced into the unlisted market in April-21 at a price of 800 per share and the stock made a high of 1055 per share in December 2021. Since then Bira Unlisted Shares has remained a bit subdued in terms of stock performance and has faced a correction of around 45% from the highs of 1055 it made in December 2021. If you're looking to buy profitable unlisted shares, BIRA should be one of your top picks. Buy Bira91 Unlisted Shares from Altius Investech.

  8. THANK YOU!

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