Unlisted Shares / Bira 91 (B9 Beverages Limited)
Bira 91 (B9 Beverages Limited)

Bira 91 (B9 Beverages Limited) Unlisted Share Price

As of , the indicative unlisted share price of Bira 91 (B9 Beverages Limited) is ₹60 per share. This is an over-the-counter reference price, not a stock-exchange quote.

As of , Bira 91 (B9 Beverages Limited) is not listed on any Indian stock exchange (NSE or BSE) — its shares trade in the unlisted, over-the-counter (pre-IPO) market.

  • Sector: Consumer Discretionary
  • Status: Unlisted
  • Indicative price: ₹60 per share (as of 16 July 2026)
  • Minimum lot: 170 shares
  • Minimum investment:10,200
Industry: Consumer DiscretionaryIncorporated: 2015Unlisted
Daily price
₹60
₹0 (+0.00%)· 1W
As of 16 Jul 2026
8 Jul16 Jul
Indicative. Past performance is not indicative of future results.
At a glance
Price / unit₹60
Market cap₹721 Cr
Min. investment₹10,200
Lot size170
ROE206.85%
Book value₹-52.74
Key metrics
Price / unit
₹60
Market cap
₹721 Cr
Min. investment
₹10,200
Lot size
170
ROE
206.85%
Book value
₹-52.74
Face value
₹10
EPS
-125.04
Debt / equity
-1.64
52-week high
₹395
52-week low
₹108
Company information
CIN
U80903DL2012PLC236595
ISIN
INE833U01022
PAN
AAECD6739Q
Depository
NSDL & CDSL
Incorporated
2015
Outstanding shares
66758811
₹ in lakhFY23FY24
Revenue824638
Profit after tax-445-749
EPS (₹)-80-125
Revenue (₹ in lakh)
FY23
824
FY24
638
₹ in lakhFY23FY24
Share capital56
Reserves & surplus-422106
Investments11
Fixed assets507431
Trade receivables108170
Trade payables438290
₹ in lakhFY23FY24
Operating (CFO)-283-65
Investing (CFI)-227-189
Financing (CFF)536178
Net cash generated26-76
Net margin-54%-117.4%
Operating margin-29.1%-74.3%

What is Bira 91 (B9 Beverages Limited)?

Bira 91 (B9 Beverages Limited) is an unlisted Consumer Discretionary company whose shares trade in India's over-the-counter (pre-IPO) market and settle in demat form (NSDL/CDSL).

Company Overview B9 Beverages Limited, the company behind the popular Bira 91 brand, operates in the alcoholic beverages segment, specifically focusing on craft and premium beers. Founded in 2015 and headquartered in New Delhi, the company has built a strong brand identity among urban consumers with its differentiated flavors and youthful positioning. The business model is centered on: Developing premium beer products Contract and in-house brewing across multiple facilities Distribution through retail outlets, bars, and taprooms The company has expanded its presence across 500+ cities and 15+ countries, positioning itself as a global Indian beer brand.

Bira 91 (B9 Beverages Limited)
Price per unit₹60
Minimum units170
Units
170
Indicative amount10,200
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Reviewed by Kanishk Dev Bangia · NISM-202300182946. Indicative pricing, subject to availability, documentation and final settlement. Information only — not investment advice.

Key events & news

BB
Founder-CEO Ankur Jain agrees to step down as investors plan ~₹400 crore infusion (Dec 2025)
B9 Beverages founder and CEO Ankur Jain agreed to step aside under pressure from investors and lenders, who are preparing an out-of-court restructuring with a fresh capital infusion of around ₹400 crore (with an option to add ₹100 crore more) at a reduced valuation to clear liabilities and restart operations. A new chief executive is expected to be appointed.
Read more →
BB
B9 Beverages loses control of The Beer Cafe to Kirin and Anicut Capital (Oct 2025)
Largest shareholder Kirin Holdings of Japan and lender Anicut Capital took possession of shares in BTB, the entity operating The Beer Cafe chain (42 outlets), that had been pledged as collateral, per filings with the Registrar of Companies. The Delhi High Court on October 17 issued an interim order restricting Anicut from selling or creating third-party interest in the shares, and Ankur Jain disputed the takeover.
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BB
Over 250 employees petition board seeking ouster of CEO Ankur Jain over unpaid dues (Oct 2025)
More than 250 employees submitted a petition to the board and key investors citing corporate governance failure, lack of transparency, and salary delays of up to six months, and sought a change in leadership. Production at Bira 91's facilities had reportedly come to a standstill around mid-2025.
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BB
FY24 results: net loss of ₹748 crore on revenue of ₹638 crore
For FY24, B9 Beverages reported a net loss of approximately ₹748 crore on revenue of about ₹638 crore, with cumulative losses reaching roughly ₹1,904 crore and liabilities exceeding assets by over ₹600 crore as of March 31, 2024. Beer volumes fell to an estimated 6-7 million cases from about 9 million a year earlier.
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Frequently asked questions

No. As of 16 July 2026, Bira 91 (B9 Beverages Limited) is an unlisted company whose shares trade over-the-counter; it would list only if and when it completes an IPO.

The minimum lot is 170 share(s); at the indicative price of about ₹60, that is approximately ₹10,200. Indicative reference, not a quote.

As of 16 July 2026, the indicative unlisted share price of Bira 91 (B9 Beverages Limited) is ₹60 per share. This is an over-the-counter reference price, not a stock-exchange quote.

The ISIN of Bira 91 (B9 Beverages Limited) is INE833U01022. An ISIN is the unique 12-character code that identifies a company's shares in the depository system; this one is verified against NSDL (the National Numbering Agency). You need it to hold or transfer these unlisted shares in your NSDL or CDSL demat account.

Yes trading in unlisted shares is undoubtedly legal in India. The trading takes place in the over-the-counter market authorised over-the-counter platforms.

No, SEBI does not regulate the unlisted share market but certain rules and regulations of SEBI are applicable in the unlisted market space as well, such as, the DP charges for each transaction, stamp duty, lock-in period and more.

You will get the best price for B9 Beverages Limited and a hassle-free buying experience only on authorised platforms platform.

They can. If the company declares a dividend, unlisted shareholders are eligible like any other shareholder. Many unlisted firms reinvest profits, so dividends are not guaranteed.

After listing, unlisted shares convert into regular listed shares in your demat account and can be traded on the exchange, usually once any applicable SEBI lock-in period ends.

Unlisted shares are less liquid than listed shares. You can sell when a buyer is available through an off-market transfer; there is no continuous exchange market, so exits can take longer.

Unlisted shares carry higher risk and lower liquidity than listed shares, with fewer disclosures and no live market price. This is general information, not investment advice — assess suitability before investing.

An unlisted share price is an indicative, over-the-counter reference set by demand and supply in private deals between buyers and sellers. There is no live exchange quote, so prices can vary across dealers and over time.

Yes. Unlisted shares are delivered in dematerialised form, so you need an active demat account (NSDL or CDSL). No special account type is required — a regular demat account works.

Unlisted shares are sold through an off-market transfer to a buyer via a registered intermediary, settling from your demat account with a contract note. Liquidity depends on buyer availability, so exits can take longer than listed shares.

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Bira 91 (B9 Beverages Limited) vs similar unlisted Consumer Discretionary shares

Indicative over-the-counter prices, as of 16 July 2026. Information only — not a recommendation or ranking.

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