What is Bira 91 Unlisted Share Price?

Glance at Bira 91 Unlisted Share Sector:

The global non-alcoholic beverage market stood at a value of USD 1180 billion in 2020 and is forecasted to grow to USD 2175 billion by 2026, boasting a Compound Annual Growth Rate (CAGR) of 7.3% between 2013 and 2026. In India, the alcoholic beverage sector was valued at INR 671 billion in 2019 and is expected to escalate to approximately INR 1472.33 billion by 2030, contingent upon a GDP growth rate of around 7.8%. Despite these promising figures, India's participation in the global beverage trade is notably absent from the top 50 countries. Comparatively, exports from India are trailing behind those of ASEAN nations and China. This discrepancy highlights an area of opportunity for India to enhance its presence and competitiveness in the international beverage market landscape.
(Source: Annual report of Bira 91)

Overview of Bira 91 Unlisted Shares:

Established in 2015 and headquartered in New Delhi, this refreshingly modern beer brand has set its sights on introducing flavorful beers to the new world. With a rapidly growing reputation for its innovative approach to color and flavor, it has swiftly become one of the fastest-growing brands globally. Boasting a presence in over 500 towns and cities across 15 countries, the brand produces its beers across five breweries situated in India. Supported by a dedicated team of over 600 individuals, it has garnered backing from prominent investors such as Sequoia Capital India, Sofina of Belgium, and Kirin Holding of Japan. In addition to its brewing facilities, the brand also operates four taprooms, including one located in Bangalore, catering to enthusiasts seeking a taste of its distinctive brews.

Shareholding Pattern of Bira 91 Unlisted Shares:

In the equity shareholding pattern with voting rights of Rs 10 each, Mr. Ankur Jain holds the largest stake at 24.43%, followed by Day1 Advisors Private Limited with 16.29%. Mrs. Shashi Jain and Sci Investments V hold 11.24% and 8.39%, respectively. Sequoia Capital India Investment IV owns a 4.44% share, while the remaining 35.21% is held by others.

In the equity shareholding pattern with voting rights of Rs 1000 each, Mr. Ankur Jain possesses full ownership, holding 100% of the shares.

Corporate Actions by Bira 91 Unlisted Shares:

In the corporate actions undertaken during the fiscal year 2022-23, several significant developments occurred within the operations of the company. Firstly, the authorized capital was augmented, increasing from Rs. 1,07,62,50,430 to Rs. 1,49,97,54,180. Additionally, the company acquired a 100% stake in Kamakhya Beer & Bottling Pvt. Ltd. through a share-swap arrangement. This acquisition involved issuing 451903 Compulsory Convertible Preference Shares (CCPS) at a price of Rs 500 per share, with a face value of Rs 15 and a premium of Rs 485 per share, amounting to approximately Rs 22.59 crore in consideration, excluding cash.

Moreover, the company acquired a full stake in BTB Marketing Pvt Ltd, issuing 1281338 Compulsory Convertible Preference Shares (CCPS) priced at Rs 718 per share, comprising a face value of Rs 15 and a premium of Rs 703 per share, for a consideration of Rs 92 crore, settled other than in cash.

Furthermore, transitioning from a private to a public limited company, the entity changed its name from B9 Beverages Pvt Ltd to B9 Beverages. Lastly, the company invested Rs 65 lakhs in its Indian subsidiary, Pomelo Flavormaker Merchandise & Events Pvt Ltd, through a subscription to 2.5 lakh equity shares. These corporate actions signify strategic moves aimed at enhancing the company's market position and expanding its operational footprint.

Bira 91 Unlisted Share Price:

As of February 27, 2024, the current Bira 91 Unlisted share price is ₹ 623 per share. 

Bira 91 Unlisted Share Price in Depth 

Face Value of Bira 91 Unlisted Share: ₹10

Price per share as of  February 27: ₹ 623

You can check the Bira 91 Unlisted Share Current Price at  Precize.in  

Growth Opportunities and Challenges for Bira 91 Unlisted Shares. 

Growth Opportunities for Bira 91 Unlisted Shares:

The craft beer industry is booming, driven by urbanization and a growing demand for unique brews. Companies are expanding online, innovating new products, and forming partnerships to capitalize on this trend.

Challenges for Bira 91 Unlisted Shares:

Political instability, environmental concerns, and shifting consumer behaviors, preferences, expectations, and feedback are all key factors shaping today's business landscape. Moreover, market trends and customer needs are constantly evolving, necessitating adaptability and agility from businesses to remain competitive and responsive to changing demands.