The craft beer giant is eyeing an IPO in 2026. Morgan Stanley is on board for the pre-IPO process. Big moves are brewing!
The craft beer giant is eyeing an IPO in 2026. Morgan Stanley is on board for the pre-IPO process. Big moves are brewing!
In Q3 & Q4 of FY24, Delhi, Karnataka, and Haryana faced supply shortages of Bira91 due to regulatory changes. Issues are now largely resolved with license renewals.
Heavy marketing spends, including ICC World Cup sponsorships, could have impacted profits. Was the expansion and visibility worth the cost?
In March, Tiger Pacific Capital acquired 4% of B9 Beverages for $25M. Weeks earlier, Kirin Holdings raised its stake in B9 Beverages to 20% for the same amount.
Bira91 also acquired Beer Cafe in an all-cash deal, strengthening its market position. Exciting times ahead for B9 Beverages! Are you looking forward to this IPO?