18 July 2024
B9 Beverages Ltd, which owns Bira 91, is reportedly planning for an initial public offering in 2026 and has tapped Morgan Stanley for its pre-IPO process
Last month, the beer brand raised $25 Mn (about INR 208 Cr) via external commercial borrowing (ECB) from its existing backer Kirin Holdings
Gearing up for its IPO, Bira 91 became a public entity, in 2022, while also renaming itself as B9 Beverages Ltd
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