Bira 91 is a craft beer brand manufactured by B9 Beverages Pvt. Ltd. It was established in February 2015 and has been rapidly increasing its presence in India and aboard since then. Bira in a span of 4 years has managed to acquire over 5% share in the Indian beer market despite the dominance of Kingfisher, Budweiser and Carlsberg. It is a strong player in the niche and fast-growing segment of wheat beer.
*Disclaimer: Investors should consider certain risk factors such as wide bid ask spread, delay in expected IPO, change in underlying business fundamentals impacting adversely on original investment rationale, security becoming further illiquid due to demand/supply imbalance and IPO floor may turn out to be lower than investors expectation.