Carlsberg India to file $700M IPO in June, eyes 2026 listing as #2 brewer at 22% share
Carlsberg's India unit plans to file draft papers in June for a $700 million IPO, with listing targeted for 2026. The country's second-largest brewer operates 14 breweries (8 owned, 6 contract) and holds 22% market share. Kotak, JPMorgan and Citi are advising. Rival Pernod Ricard is also exploring an India listing.
Carlsberg plans to file draft papers in June for a $700M India IPO, listing likely in 2026. India unit is country's #2 brewer at 22% share, operating 14 breweries. Pernod Ricard also exploring India listing.