• Business
  • Entertainment
  • Feature
  • Finance
  • Forex
  • Health
  • Sports
  • Travel
  • Wedding
Facebook Twitter Instagram
Trending
  • Seasonal Dental Tips From Your Local Family Dentist
  • Exploring The Rise Of Player Manwa
  • Jungle Juice Chapter 116
  • A New Hub For We toonxyz Enthusiasts
  • Webtoon XYS New Era Of Digital Comic Entertainment
  • Manhaw-Raw World Of Unfiltered Manhwa Content
  • The Top Benefits Of Combining General And Cosmetic Dentistry
  • Manwha Z World Of Korean Digital Comics
Tuesday, July 1
WebToonXYZ – Webtoon XYZ, Manhwa, Manga and ManhuaWebToonXYZ – Webtoon XYZ, Manhwa, Manga and Manhua
  • Home
  • Business
  • Entertainment
  • Health
  • Life Style
  • News
  • Real Estate
  • Sports
  • Technology
WebToonXYZ – Webtoon XYZ, Manhwa, Manga and ManhuaWebToonXYZ – Webtoon XYZ, Manhwa, Manga and Manhua
You are at:Home»General»Bira91 Expands ESOP Pool After Being A Public Entity

Bira91 Expands ESOP Pool After Being A Public Entity

0
By James William on April 12, 2023 General

Bira91, one of the renowned names in the alcohol industry, has become a ‘legal entity’ as it is gearing up to enlarge its Employee Stock Ownership Plan (ESOP) pool. Started in 2015 by importing craft beers from Belgium, and within three years, the company ranked amongst 25 craft beer brands worldwide. The company was also counted as the world’s swiftly growing beer brand in 2017.

In 2019, the company emerged as India’s first beverage brand to sponsor ICC World Cup & T20 World Cup series for five years. The enormous growth and success captured the attention of retail investors to invest in Bira91 unlisted shares. Last year, the startup converted into a public company and renamed itself B9 Beverages Limited, as per the regulatory filings of the company; now, the company is all set to expand its Employee Stock Ownership Plan (ESOP) opportunities after becoming a public entity. Continue reading this blog till the end and learn about Bira91’s expanded ESOP pool.

Table of Contents

Toggle
  • Bira91 – Robust Business Model
  • Expanded ESOP Opportunities Bira91 Board Of Directors
  • Bira91 Top IPO Investors
  • Buy Bira91 Unlisted Shares With Stockify

Bira91 – Robust Business Model

Bira91 is a well-known beer brand manufactured by B9 Beverages Pvt. Ltd. As the company offers white ale, blonde large, strong ale, and light beer, it has become a rage amongst GenZ and urban millennials. The company is also India’s fourth-largest craft beer brewer behind Carlsberg, Heineken, and Aneheuser-Busch InBev. The first brewery unit of the company was located in the Flanders region of Belgium, and currently, the company operates four breweries in India. Presently, the company has a production capacity of 2 million hectoliters, about 5-10% shares of the beer market in cities like Mumbai, Bangalore, and New Delhi. The company also plans to open its fifth brewery in Madhya Pradesh with a production capacity of 400,000 hectoliters before the end of this year.

Presently, Bira91 receives 70% of its revenue from bars and restaurants, while the remaining 30% comes from retail. In 2020, the beer market was valued at 5,533.73Mn litres in terms of volume and was expected to reach 9,004.74Mn litres by 2025, with a CAGR of 10.89%. The growing beer market is an opportunity for investors to Bira91 pre-IPO shares to boost their investment portfolio.

Expanded ESOP Opportunities Bira91 Board Of Directors

Bira91, or B9 Beverages Limited, is set to submit its Draft Red Herring Prospectus (DRHP) to India’s market regulation Securities Exchange Board of India (SEBI). In the prospectus, the company will share the amount it plans to raise and other financial information. The company decided to go public after raising $70 million from Japanese beverage conglomerate Kirrin Holdings.

Meanwhile, the company’s board of directors has given the green light to boost the EPOS pool. Fundamentally, a significant resolution was passed by the board of directors of the company to raise EPOS by 1,566,390 options. However, the current EPOS pool of the company stands at 3,649,199 options. With this decision, the company is striving to become the leader in the beverage industry. So, if you want to buy Bira91 unlisted shares, connect with the top unlisted share broker platform today.

Bira91 Top IPO Investors

Initially, founder Ankur Jain raised $1.5 million from a group of his friends when he started B9 Beverages Limited. Back in January 2016, the company expanded its biggest round of funding with INR. 40 crore ($6 million) from Sequoia Capital, which was Sequio’s first investment in the Alcohol beverage segment. The company also had participants from Angel Investors in India like Deepinder Goyal, Co-founder of Zomato, Rohit Bansal and Kunal Bahl (Snapdeal), Ashish Dhawan (Chrys Capital), and Mayank Singhal.

Further, in 2018, the company managed to raise about $50 million from Sofina, a Belgian family-owned fund, and its existing investors. Then in May 2019, the company raised a fund of $4.3 Million from Sixth Sense Ventures in its pre-series C round. Bira91 raised about $10 million in debt funding to increase its production capacity to 1.7 million cases from 400,000 cases. Moving ahead in January 2021, the company further raised $30 million from Japan’s Kirin Holdings. Till now, the company has raised almost $280 million in funding from different investors.

Buy Bira91 Unlisted Shares With Stockify

Do you want to strengthen your investment portfolio? Bira91 pre-IPO shares are the best option to invest in. Since the unlisted market is dynamic in nature, it is essential to connect with the best-unlisted share brokers in India to make your buying process a lot easier. Stockify has a team of experienced brokers who can guide you throughout the trading process by providing valuable information like EBITDA, key performance metrics, revenue growth, operating profit, and much more about any pre-IPO company. So, why wait for so long? Just connect with the brokers at Stockify and start trading now.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
James William
  • Website

Related Posts

The Top Benefits Of Combining General And Cosmetic Dentistry

The World Of Manhwa With OP MC And Romance

Why Implant Dentistry Is A Natural Extension Of Family Dental Care

Comments are closed.

Categories
  • All
  • Art
  • Automobile
  • Automotive
  • Business
  • Digital Marketing
  • Education
  • Entertainment
  • Fashion
  • Feature
  • Finance
  • Food
  • Forex
  • Game
  • General
  • Gift
  • Health
  • Home Improvement
  • Law
  • Life Style
  • Music
  • News
  • Photographer
  • Real Estate
  • SEO
  • Social media
  • Sports
  • Technology
  • Travel & Tour
  • Web design
  • Web hosting
  • Wedding
Latest Post
July 1, 2025

Seasonal Dental Tips From Your Local Family Dentist

June 30, 2025

Exploring The Rise Of Player Manwa

June 28, 2025

Jungle Juice Chapter 116

June 27, 2025

A New Hub For We toonxyz Enthusiasts

June 26, 2025

Webtoon XYS New Era Of Digital Comic Entertainment

June 25, 2025

Manhaw-Raw World Of Unfiltered Manhwa Content

June 24, 2025

The Top Benefits Of Combining General And Cosmetic Dentistry

June 24, 2025

Manwha Z World Of Korean Digital Comics

Wedding
Feature
August 19, 20220

Why Should Employer Accounting Tests Be Conducted?

Poor human resource management and poorly developed marketing plans can help a firm survive for…

Contact Us
Contact Us

WE ARE READY TO ACCEPT GUEST POSTS OF ALL NICHES EXCEPT ADULT CONTENT.

Feel free to Contact us at any time

By Mail: [email protected]
Thank You

Recent Post
July 1, 2025

Seasonal Dental Tips From Your Local Family Dentist

June 30, 2025

Exploring The Rise Of Player Manwa

June 28, 2025

Jungle Juice Chapter 116

June 27, 2025

A New Hub For We toonxyz Enthusiasts

Popular Category
  • Home
  • Business
  • Entertainment
  • Health
  • Life Style
  • News
  • Real Estate
  • Sports
  • Technology
Copyright © 2025 WebToonXYZ | All Rights Reserved
  • About Us
  • Contact Us

Type above and press Enter to search. Press Esc to cancel.