LB Brewers targets ₹500 cr revenue in 4-5 years, weighs IPO as MakaDi, Borecha scale
Goa-based Latambarcem Brewers projects FY revenue of ₹60 crore, up from ₹24 crore, on the back of craft beer MakaDi (40,000 cases) and functional drink Borecha (36,000 cases). Now in 10 Indian states and 6 countries, the company is plotting a mid-term public listing.
Goa-based Latambarcem Brewers, maker of craft beer MakaDi and functional drink Borecha, targets Rs 500 crore revenue in 4-5 years with mid-term IPO plans. FY revenue projected at Rs 60 crore, expanding across 10 Indian states and 6 countries.