Carlsberg India to file DRHP this month for $700M IPO, eyes Rs 6,600 cr secondary sale
Carlsberg's India unit is preparing to file its draft prospectus this month for an IPO of up to Rs 6,600 crore ($700M) via a secondary share sale. Kotak, JPMorgan and Citi are advising. The brewer holds ~22% market share, operating 14 breweries (8 owned, 6 contract), trailing United Breweries and Pernod Ricard.
Carlsberg plans to file DRHP this month for its India unit IPO, potentially raising up to $700 million (Rs 6,600 crore) via a secondary share sale, with Kotak, JPMorgan and Citi as advisers.