Carlsberg India lines up $700M IPO, eyes 2026 listing as #2 brewer scales footprint
Carlsberg plans to file draft papers this month for an India IPO of up to $700 million through a secondary share sale, per reports. Its India arm is the country's second-largest brewer with 22% market share and 14 breweries — 8 owned, 6 contract — since entering in 2007. Listing targeted for later 2026.
What happened
Carlsberg plans to file draft papers this month for an India IPO of up to $700 million via secondary share sale. Carlsberg India is the country's second-largest
Key facts
- $700 million
- 22% market share
- 14 breweries
- 8 company-owned
- 6 contract units
Why this matters
Carlsberg's planned DRHP this month signals a window for category M&A and contract-brewing partnerships as listed peers reprice and the #2 brewer firms its India narrative.