Carlsberg nears DRHP filing for $700M India IPO via secondary sale
India's second-largest brewer at 22% share is set to file this month with Kotak, JPMorgan and Citi as bankers. The $700M offer is structured as a secondary share sale, signaling investor exit ambitions and benchmarking against United Breweries' $3.6B market cap.
Carlsberg is preparing to file DRHP this month for a $700 million India IPO via secondary share sale, with Kotak, JPMorgan and Citi as bankers. Carlsberg India is the country's second-largest brewer with 22% share.