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UNLISTED COMPANY PROFILE

BIRA 91 (B9 BEVERAGES LIMITED)

CONSUMER DISCRETIONARY LINE
INDICATIVE PRICE / SHARE
₹82
▼ 2.4% · 30-DAY
OTC REFERENCE PRICE · NOT AN OFFER TO DEAL
PRICE AS OF 02 SEPT 2026
VIEW DATA METHOD →
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INDICATIVE PRICE HISTORY · DATED OBSERVATIONS SINCE 2018

PRICE HISTORY.

Use the left and right arrow keys to inspect dated observations. Home selects the first observation and End selects the latest.

₹825
₹60
01 May 1821 Mar 2602 Sept 26

ALL-TIME LOW
₹60
ALL-TIME HIGH
₹825
WINDOW
ALL
NOT A STOCK-EXCHANGE QUOTE · NOT AN OFFER TO DEAL
THE TIMETABLE · KEY NUMBERS

Key numbers

Published fundamentals and the date each figure was recorded.

CALCULATION METHOD →
Market cap
₹547 Cr
Indicative price × reported outstanding shares
Min. investment
₹10,250
Indicative price × lot size
Lot size
125
EPS
-125.04
ROE
206.85%
Book value
₹-52.74
Face value
₹10
Debt / equity
-1.64
52-week high
₹395
52-week low
₹108
ISIN
INE833U01022
Company security identifier
THE BUSINESS · HOW IT EARNS

B9 Beverages Limited is the parent company behind the Bira 91 beer business. Its FY2023-24 financial statements state that it acquired the business relating to Bira 91 beer from Cerana Beverages Private Limited on a slump-sale basis on 17 October 2015. The group is engaged in trading and manufacturing alcoholic beverages. The standalone segment disclosure describes one business segment, manufacturing of alcoholic beverages, and states that the company exports products to various countries. Standalone revenue from operations comprises sale of products, including beer, and other operating revenue from scrap and non-beer items. The consolidated disclosures additionally list sales of liquor, food and other beverage items, franchisee and sponsorship fees. The annual report identifies B9 Beverages Inc., B9 Beverages SPRL, B9 Beverages Pte. Ltd. and Indian subsidiaries in the group. This factual description is limited to the activities and revenue categories disclosed in the FY2023-24 registrar-hosted annual report.

About this company

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.

COMPANY AT A GLANCE
Sector lineConsumer Discretionary
SettlementNSDL & CDSL
Incorporated2012
Listing statusUnlisted / Pre-IPO
*INDICATIVE · TIMELINE MAY CHANGE · NOTHING FINAL UNTIL THE RHP

COMPANY REGISTRY · ON FILE

PUBLIC OR ADMIN-SUPPLIED DATA · VERIFY INDEPENDENTLY
CIN
U80903DL2012PLC236595
PAN
AAECD6739Q
Depository
NSDL & CDSL
Incorporated
2012
Outstanding shares
66758811
Registered office
Premise No. 106, Second Floor, Block H, Connaught Circus, New Delhi 110001, India
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THE LOGBOOK · FINANCIALS BY YEAR

WHAT THE ENGINE HAS DONE.

AMOUNT UNIT NOT VERIFIEDFY23FY24
REVENUE824638
PAT-445-749
EPS (₹)-80-125
PAT MARGIN-54%-117%
CAUTION · AMOUNT UNIT AND FIELD-LEVEL SOURCES HAVE NOT BEEN VERIFIED · DO NOT RELY ON THESE FIGURES WITHOUT CHECKING THE COMPANY FILING

THE CREW · BOARD & MANAGEMENT

Mr. Ankur Jain
CEO
23 YRS
LINKEDIN →
Shashi Jain
Director
LINKEDIN →
Sakshi Vijay Chopra
Director
LINKEDIN →
COMPANY TIMELINE · EVENTS
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 THE NOTICE →
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.

READ THE NOTICE →
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.

READ THE NOTICE →
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.

READ THE NOTICE →
THE GLOVEBOX · ANNUAL REPORTS
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NON-BINDING · NO PAYMENT · NOT AN OFFER TO DEAL
RESEARCH DESK · QUESTIONS

COMMON QUESTIONS.

Is Bira 91 (B9 Beverages Limited) listed on the stock exchange?+

No. As of 2 September 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.

What is the Bira 91 (B9 Beverages Limited) unlisted share price?+

As of 2 September 2026, the indicative unlisted share price of Bira 91 (B9 Beverages Limited) is ₹82 per share. This is an over-the-counter reference price, not a stock-exchange quote.

What indicative minimum amount is displayed for Bira 91 (B9 Beverages Limited) unlisted shares?+

The displayed unit count is 125 share(s); at the indicative price of about ₹82, the displayed amount is approximately ₹10,250. This is a display convention, not evidence of inventory, an order minimum or a quote.

What is the ISIN of Bira 91 (B9 Beverages Limited)?+

The recorded ISIN of Bira 91 (B9 Beverages Limited) is INE833U01022. An ISIN is a 12-character security identifier. Verify it against the issuer and the relevant depository record before using it for any transfer or documentation.

Is trading in Bira 91 (B9 Beverages Limited) unlisted shares legal in India?+

Unlisted shares can be transferred off-market in India, but the legal, tax and compliance position depends on the security, parties, documents and current rules. Verify the intermediary, issuer restrictions and applicable requirements before proceeding.

Is there a lock-in period for unlisted shares?+

A post-listing lock-in may apply under the rules in force at the time. The period and any exemptions can depend on the holder and acquisition, so check the current regulation and the issuer's offer documents rather than relying on a generic period.

Do you guarantee returns?+

No. Unlisted shares carry higher risk and lower liquidity than listed shares. Returns depend on company performance, market conditions and future listing outcomes. This is information only, not investment advice.

SIMILAR COMPANY PROFILES
CONSUMER DISCRETIONARY LINE.
Prices shown are indicative over-the-counter reference prices, not an offer to deal. This page is information only and not investment advice. Unlisted shares carry higher risk and lower liquidity than listed shares. Settlement to your own demat account via NSDL / CDSL through registered intermediaries.
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TODAY'S INDICATIVE PRICES — PARAG PARIKH FINANCIAL ADVISORY SERVICES LIMITED ₹20,400 · CAPGEMINI TECHNOLOGY SERVICES INDIA LIMITED ₹10,400 · HDFC SECURITIES LIMITED ₹7,990 · NATIONAL STOCK EXCHANGE (NSE) ₹1,985 · BOAT (IMAGINE MARKETING LIMITED) ₹895 · CHENNAI SUPER KINGS (CSK) ₹249 · BIRA 91 (B9 BEVERAGES LIMITED) ₹82 · ZEPTO ₹33 · ORAVEL STAYS (OYO ROOMS) ₹24.5 · HUTTI GOLD MINES COMPANY LIMITED ₹1,19,838 — INDICATIVE, NOT AN OFFER TO DEAL —TODAY'S INDICATIVE PRICES — PARAG PARIKH FINANCIAL ADVISORY SERVICES LIMITED ₹20,400 · CAPGEMINI TECHNOLOGY SERVICES INDIA LIMITED ₹10,400 · HDFC SECURITIES LIMITED ₹7,990 · NATIONAL STOCK EXCHANGE (NSE) ₹1,985 · BOAT (IMAGINE MARKETING LIMITED) ₹895 · CHENNAI SUPER KINGS (CSK) ₹249 · BIRA 91 (B9 BEVERAGES LIMITED) ₹82 · ZEPTO ₹33 · ORAVEL STAYS (OYO ROOMS) ₹24.5 · HUTTI GOLD MINES COMPANY LIMITED ₹1,19,838 — INDICATIVE, NOT AN OFFER TO DEAL —