About Great State Aleworks
Great State Aleworks is a Consumer company based in Pune (India) founded in 2017. Crafts experimental ales using local ingredients and supplies to bars in India. It operates on a B2B and D2C model. Its Indian entity Indian Ale Ventures Private Limited reported revenue of ₹3.43 Cr. Great State Aleworks offers products and services including Flagship Beers, Millet Project, Seasonal Brews, and Small Batch Series. Its focus areas include Food and Beverage, Craft Brewing, Community Experiences and Events and Collaborations. Similar companies include John Distilleries, United Breweries and Geist; 1 of its 3 listed similar companies has raised funding.
Company details
Great State Aleworks is a craft brewery in Pune, India, focusing on modern and experimental ales like juicy IPAs, tangy sours, and millet-based beers. They use local ingredients and collaborate globally to create unique brews. The company supplies over 50 bars and restaurants in Pune, Mumbai, and Goa, while engaging in seasonal projects and community events to promote craft beer culture.
- Headquarters Pune, India
- SectorsConsumer
- Email••••••••
- Website greatstatealeworks.com
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- Legal Name Indian Ale Ventures Private Limited
- Date of Incorporation 22 Jul, 2013
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹3.43 Cr
FY 2023 · +197% YoY
- Net Loss-₹24.4 Lakh
FY 2023 · -7% margin
- EBITDA-₹2.5 Lakh
FY 2023 · -1% margin
Associated legal entities of Great State Aleworks
Great State Aleworks operates through Indian Ale Ventures Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Indian Ale Ventures Private Limited CIN U15510PN2013PTC148207 | Active | 22 Jul 2013 | Pune, Maharashtra | ₹3.4 Cr | 2 | View details |
Products & Services of Great State Aleworks
Great State Aleworks offers a comprehensive portfolio of products and services, including Flagship Beers, Millet Project, Seasonal Brews, and Small Batch Series.
Year-round beers supplied to bars using local ingredients.
Beers brewed with indigenous grains like bajra and jowar.
Limited-edition ales made with seasonal ingredients.
Innovative ales from a pilot setup for unique flavors.
Board of directors of Indian Ale Ventures Private Limited (Great State Aleworks)
Indian Ale Ventures Private Limited is the primary company behind Great State Aleworks. The board of Indian Ale Ventures Private Limited currently have 2 directors; the longest-serving is Prabha Vivekanand Bhonsle, appointed in 2013. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Prabha Vivekanand Bhonsle DIN 06637966 | Director | 24 Sep 2013 | 13 yrs 1 mo | Indian Ale Ventures Private Limited |
| Nakul Vivekanand Bhonsle DIN 06637964 | Director | 24 Sep 2013 | 13 yrs 1 mo | Indian Ale Ventures Private Limited |
Financials of Great State Aleworks
Figures of Indian Ale Ventures Private Limited, the primary company behind Great State Aleworks, for FY 2023. Revenue was ₹3.43 Cr (+197% year on year). Net loss was -₹24.4 Lakh (-7% margin). EBITDA was -₹2.5 Lakh (-1% margin). Revenue has grown at a compounded annual rate of +34% over three years and +55% over five years.
- ₹3.43 CrRevenue · FY 2023 · +197% YoY
- -₹24.4 LakhNet loss · -7% margin
- -₹2.5 LakhEBITDA · -1% margin
- ₹1.3 LakhPaid-up capital
- +34%Revenue CAGR, 3 years
- +55%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Indian Ale Ventures Private Limited are on its company page.
Detailed financial statements for Great State Aleworks
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Similar companies to Great State Aleworks
Great State Aleworks has 3 listed similar companies in our database, 1 of them funded. They include John Distilleries, United Breweries and Geist.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| jdl.in | 1996 | Bengaluru, India | 721 | Brand of whiskey, rum, brandy, and wines | ||
| unitedbreweries.com | 1915 | Bengaluru, India | 64 | Processed beverages are manufactured and marketed globally by United Breweries. | ||
| geist.in | 2005 | Bengaluru, India | $8.31M | 261 | Craft beer is manufactured, distributed, and retailed by Geist. |
Detailed similar companies of Great State Aleworks
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Top companies in Food & Beverage Products & Processing
3 companies that operate in the same segment as Great State Aleworks (Food & Beverage Products & Processing) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Platform offering a subscription-based delivery service for fresh milk and groceries | 2015 | Gurugram, Haryana, India | USD 228.42 M | USD 99.78 M | 3,464 | |
Subscription-based coffee products are offered by an internet-first brand. | 2013 | Gurugram, Haryana, India | USD 112.84 M | USD 25.83 M | 2,059 | |
Meat and seafood products are delivered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 564.84 M | USD 97.26 M | 2,828 |
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Frequently Asked Questions about Great State Aleworks
Great State Aleworks was founded in 2017.
Great State Aleworks is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
The primary company behind Great State Aleworks, Indian Ale Ventures Private Limited, reported revenue of ₹3.43 Cr for FY 2023, up 197% year on year.
Great State Aleworks is a craft brewery in Pune, India, focusing on modern and experimental ales like juicy IPAs, tangy sours, and millet-based beers. They use local ingredients and collaborate globally to create unique brews. The company supplies over 50 bars and restaurants in Pune, Mumbai, and Goa, while engaging in seasonal projects and community events to promote craft beer culture.
Great State Aleworks's top competitors include John Distilleries, United Breweries and Geist.
Great State Aleworks offers Flagship Beers, Millet Project, Seasonal Brews, and Small Batch Series.
Great State Aleworks operates through Indian Ale Ventures Private Limited.
The legal entities of Great State Aleworks currently have 2 directors, including Prabha Vivekanand Bhonsle, Nakul Vivekanand Bhonsle.