Bira 91 Announces Rights Issue to Strengthen Growth

B9 Beverages Limited (Bira 91) has announced a Rights Issue to raise up to ₹100.75 crore, offering 31,00,000 equity shares at ₹325 per share (face value ₹10, premium ₹315). The Rights Issue is open to existing shareholders in the ratio of 1 new share for every 7 shares held as of the record date, May 16, 2025. The issue opens on May 27, 2025, and closes on June 16, 2025.

About BIRA 91

Founded in 2012, Bira 91 has become one of the fastest-growing beer brands globally, known for its innovative, flavorful beers and strong presence in over 1,000 Indian towns and 24 countries. The company operates five breweries across India and has diversified into “Beyond Beer” products, including ciders and cocktail seltzers. Bira 91 also owns “The Beer Café” and operates over 50 pubs and taprooms nationwide. The company’s products have won multiple global awards, including four Gold Medals at the 2024 World Beer Awards in London.

Financial Snapshot

• FY24 Revenue:₹5,548 million
• FY24 Loss:₹6,435 million (reflecting ongoing investments in growth and expansion).
• Strong backing: Supported by global and domestic investors such as Kirin Holdings, Peak XV (formerly Sequoia Capital India), Sofina, Tiger Pacific, and MUFG Bank.
  

​Shareholding Impact

Upon full subscription, total outstanding equity shares will increase from 2,18,30,168 to 2,49,30,168. The Rights Issue will help Bira 91 reinforce its market position and fund its next phase of growth