Danish brewer Carlsberg A/S has confidentially filed draft papers for an initial public offering (IPO) of its India business to raise as much as $700 million (approximately ₹6,650 crore), according to The Economic Times.
The proposed listing is expected to comprise a secondary share sale by Carlsberg and could take place later this year.
The Economic Times reported, citing people familiar with the matter, that the IPO is expected to raise up to $700 million (approximately ₹6,650 crore) through a secondary share sale by the Danish brewer.
According to the report, the offering is likely to be launched later this year, although details regarding the size, structure, and timing of the transaction may still change.
The report added that Carlsberg did not respond to a request for comment.
As mentioned in The Economic Times, Carlsberg is working with Kotak Mahindra Capital Co., the Indian units of JPMorgan Chase & Co. and Citigroup Inc. as advisors for the proposed IPO.
Carlsberg India is the country's 2nd-largest brewer, with an estimated market share of about 22%.
The Danish brewer entered the Indian market in 2007 and currently operates 14 breweries across the country, comprising 8 company-owned plants and 6 contract manufacturing units, according to the company's website.
According to the report, companies filed draft prospectuses to raise a record amount during June 2026, including proposed public issues by Jio Platforms Ltd. and National Stock Exchange of India Ltd., which could become India's two largest IPOs.
The report added that about 12 issuers sought to raise more than ₹885 billion ($9.3 billion) through draft filings during June, surpassing the previous monthly record of over ₹700 billion set in July 2025, when 32 companies filed draft prospectuses.
Carlsberg A/S has confidentially filed draft papers for an IPO of its India business to raise up to $700 million (approximately ₹6,650 crore). The proposed offering is expected to be a secondary share sale, with the final size, structure, and timeline remaining subject to change.
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Published on: Jul 2, 2026, 3:43 PM IST
Rakesh Deshmukh
Rakesh Deshmukh is a financial content specialist with around 3 years of experience writing impactful content across equities, mutual funds, IPOs, and personal finance. At Angel One, he decodes real-time market trends and breaking news, helping investors and traders stay updated. He also helps investors make informed decisions by simplifying market fundamentals and technical analysis. He holds a bachelor’s degree in commerce.
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