Carlsberg nears filing for up to $700 million India IPO
What's new: The share sale is expected to be secondary stock from the Danish brewer and could come later in 2026.
Carlsberg is preparing to file draft papers as early as June for an initial public offering of its India unit that could raise as much as $700 million. The planned listing is expected to be a secondary share sale by the Danish brewer and could take place later in 2026, though the size, structure and timing may still change. Carlsberg is working with Kotak Mahindra Capital and the local units of JPMorgan Chase and Citigroup on the deal. Carlsberg India, founded in 2007, is the country’s second-largest brewer with about 22% market share and 14 breweries, including company-owned plants and contract manufacturing sites.