Carlsberg India confidentially files for $700M IPO via secondary share sale
The country's second-largest brewer, holding ~22% market share across 14 breweries, has confidentially filed draft papers to raise up to $700 million in a secondary share sale. Kotak Mahindra Capital, JPMorgan and Citigroup are advising, with a listing targeted later this year.
Carlsberg has confidentially filed draft papers for an IPO of its India unit to raise up to $700 million via a secondary share sale. Carlsberg India is the country's second-largest brewer with about 22% market share and 14 breweries.
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