Carlsberg India stacks board, flips to public Ltd ahead of ₹30-35K cr IPO
Carlsberg India added four directors—ex-PepsiCo, L'Oreal, Reckitt and government hands—and converted to a public limited company in preparation for a listing pegged at ₹30,000-35,000 crore. FY25 net sales hit ₹8,939 crore with ₹443 crore profit, putting it within striking distance of UB's ₹35,377 crore market cap.
Carlsberg India added four directors and converted to a public limited company ahead of a planned IPO seeking ₹30,000-35,000 crore valuation. New board includes ex-PepsiCo, L'Oreal, Reckitt and government executives. FY25 sales were ₹8,939 crore.