Bira91 (B9 Beverages Pvt Ltd) Unlisted Shares Share Price
About The Company
Strong
Market Position
Consistent
YoY Growth
Experienced
Management
Key Indicators
A snapshot of Bira91 (B9 Beverages Pvt Ltd) Unlisted Shares's financial health, valuation multiples and capital efficiency at a glance.
Pricing Trends
Financial Performance
| Indicators | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|
| Revenue | 668.2 | 848.7 | 726.5 | 430.8 | 478.8 | 355.0 | 158.2 |
| Expense | 1,113.0 | 1,064.4 | 944.0 | 543.2 | 703.7 | 540.8 | 250.5 |
| EBITDA | -444.8 | -215.7 | -217.5 | -250.3 | -326.5 | -188.3 | -97.2 |
| Other Cost | 304.0 | 218.0 | 178.5 | 75.0 | 58.3 | 6.0 | 3.7 |
| PBT | -748.8 | -433.7 | -396.0 | -251.5 | -317.9 | -201.8 | -101.8 |
| Tax Expense | 0.0 | 11.8 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| PAT | -748.8 | -445.5 | -396.0 | -251.5 | -317.9 | -201.8 | -101.8 |
| Other Inc./Exp. | -3.4 | -14.7 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Income | -752.2 | -460.2 | -396.0 | -251.5 | -317.9 | -201.8 | -101.8 |
| Shares O/S | 6.00 | 4.80 | 4.10 | 3.90 | 3.90 | 3.00 | 2.40 |
| EPS (₹) | -126.00 | -93.30 | -96.90 | -64.50 | -120.90 | -45.00 | -8.90 |
| Rev. Growth % | -21.3% | 16.8% | 68.6% | -10.0% | 34.9% | 124.4% | — |
| EBITDA Mgn % | -66.6% | -25.4% | -29.9% | -58.1% | -68.2% | -53.0% | -61.4% |
| Net Mgn % | -112.6% | -54.2% | -54.5% | -58.4% | -66.4% | -56.8% | -64.3% |
| EPS Growth | 35.0% | -3.7% | 50.2% | -46.7% | 168.7% | 405.6% | — |
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About B9 Beverages Unlisted Shares (Bira91)
Incorporated in 2012, B9 Beverages (Bira91) is India's alcoholic beverages production company. Bira91 quickly became a frenzy amongst urban millennials owing to its luscious beer, strong draft network, and bold identity. Further, the company's authorised share capital is Rs. 428,750,432, and its paid-up capital is Rs. 414,996 864. Today, the company is counted among the top 25 craft beer brands globally by sales volume and the fastest-growing brand in the world. This attracts many investors to invest in the unlisted shares of Bira91.
About Bira91 Unlisted Shares
In 2019, Bira91 clinched ICC sponsorship for the next five years. The company became the first Indian beverage brand to get global cricket sponsorship by any cricket governing body. As a result, the Bira91 share price in the unlisted share market also increased, allowing investors to make a high return on investment during ICC's major tournaments.
Who owns BIRA 91?
Bira 91, operated by B9 Beverages Ltd, was founded by Ankur Jain in 2015. The company has attracted significant investment from various backers, including Kirin Holdings, Peak XV Partners, and Sofina Ventures.
B9 Beverages unlisted share price overview
Let's understand the unlisted share price of Bira91 by looking at the chart below.

As a potential investor, if you're looking to gain high ROI, B9 Beverages can give you a massive return on unlisted shares.
Analysis of Bira unlisted share price
Overall Trend (Jan 2023 – Aug 2025):
The Bira unlisted share price shows a steady and significant decline from early 2023 through mid-2025.
The Bira 91 share price started above ₹800 in early 2023 and fell to below ₹300 by August 2025.
The decline appears gradual at first, with steeper drops starting around early 2025.
Key Observation Point :
Around June- July 2025, there was a sharp price decline in the bira share price, which reflects negative sentiments and investors’ concern due to factors such as negative cash flows, piling up losses, decline in EBITDA, and EPS.
The share price of B9 Beverages (Bira 91) has declined more than 60% between January 2023 and Aug 2025.
This trend reflects growing risk perception and reduced investor confidence.
Bira91 is a growing beer company in India, and the unlisted price of the company is surging, unlike other companies. Currently, the Bira91 unlisted share price available in the market is Rs. 294 per equity share - with 1.91 crores shares outstanding.
What is the share price of B9 beverages Pvt Ltd?
The current unlisted share price of B9 Beverages Pvt Ltd, which operates the Bira 91 brand is Rs 294. An unlisted share price of Bira91 keeps changing and depends on various factors, including the company's current performance, market valuation, etc.
What is the current valuation of Bira 91?
Currently, Bira 91 is valued at Rs 612 crores. The company has raised over $457 million in total funding, with significant contributions from investors like Kirin Holdings, KOIS and Sequoia.
What is the turnover of Bira 91 in India?
Bira 91 reported a turnover of approximately ₹668.2 crore (around $100 million) for the financial year 2023 -24 (FY24), marking a 21.2 % decrease in revenue compared to the previous year.
Is Bira 91 listed in the stock market?
Bira 91, the popular Indian craft beer brand, is not currently listed on the stock market. It operates under the name B9 Beverages Ltd and is actively traded in the unlisted market. The company has plans to conduct an initial public offering (IPO) in 2026.
Why Buy Bira91 Unlisted Shares?
In FY 22-23, the revenue of Bira91 was Rs 824 crore, which increased from Rs 719 crore in the previous financial year. The company's other financial metrics also increased, which positively impacted Bira91 share price. Although the revenue decreased by 21.2 % in FY 23-24 but with its international expansion and strong investor backing, investing in Bira can still be a good prospect.
Why buy B9 Beverages unlisted shares?
Bira is known to be the most prominent beer in the craft segment market. In FY22, the company recorded a revenue of Rs 800 crores. Additionally, the craft beer market is expected to grow at around 11% CAGR from 55 million litres (2020) to 90 million litres (2025), ultimately making Bira91 an industry leader in the market. Today, Bira91 has a considerable existence in major international markets such as the UK, USA, UAE, Thailand, Hong Kong, and Singapore. Further, Bira is the first Indian brand to sign a 5-year association with the ICC ODI World Cup, ICC T20 World Cup, and ICC World Test Championship.
Although the revenue decreased by 21.2 % in FY 23-24 but with its international expansion and strong investor backing, investing in Bira 91 unlisted shares can still be a good investment prospect. This clearly reveals why one should invest in Bira91 unlisted shares.
Have a look at the financials of the company
Particulars (in Rs crore) | 2024 | 2023 | 2022 | 2021 |
Revenue | 668.2 | 848.7 | 726.5 | 430.8 |
Expenses | 1113 | 1064.4 | 944. | 543.2 |
EBITDA | -444.8 | -215.7 | -217.5 | -250.3 |
PAT | -251.5 | -396.0 | -445.5 | -748.8 |
EPS | -64.5 | -96.9 | -93.3 | -126.0 |
Revenue fell 21% year‑on‑year to about ₹668 cr,(from ₹849 cr in FY 2023).
Net losses (PAT) narrowed by 36%, coming in at ₹252 cr compared with ₹396 cr in FY 2023.
EPS (Earnings Per share) of B9 Beverages Pvt Ltd, Losses have reduced improving from -96.9 to -64.5 per share.
B9 beverages’ current liabilities exceed its current assets by ₹487.56 cr.
The management of B9 Beverages pvt ltd confirmed restructured leadership amid financial performance to recover losses in future.
The financials of Bira91 indicate its growth in the last three years. Investors should analyse other metrics as well before planning an investment. These factors might also affect Bira91 share price in NSE once it gets listed.
How to apply for B9 Beverages unlisted Shares online?
Are you planning to invest in B9 Beverages unlisted shares but unaware of the buying and selling process? Fret not; we're here to aid. At Stockify, we help clients with the buying & selling process of unlisted stocks and guide them throughout the process. We do extensive research for you and offer Key Performance Indicators, EBITDA Margin Reports, EPS Growth, etc. No doubt, buying B9 Beverages unlisted shares becomes easy with us.
Check B9 Beverages unlisted Share Price today at Stockify
Keeping an eye on unlisted share prices becomes crucial when planning to buy stocks. If you're planning to buy B9 Beverages unlisted stocks and are unaware of the prices, then Stockify is here to help. Our experts have in-depth knowledge about the stock market and closely monitor the fluctuation in the stock market. Well, the B9 Beverages unlisted share price today is Rs. 294 per equity share. Further, you can also subscribe to our newsletter to get the latest updates on prices and the share market.
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