Carlsberg A/S has confidentially filed draft papers for an initial public offering (IPO) of its India unit. The proposed IPO is expected to raise as much as $700 million and will consist entirely of a secondary share sale by the Danish brewer.
The listing could take place later this year, according to sources familiar with the matter. The article is co-authored by Rajesh Mascarenhas and Baiju Kalesh, and was published on July 2, 2026.
This move by Carlsberg adds to a growing trend of companies looking to capitalize on India's burgeoning IPO market.