Carlsberg India, the local arm of the Danish beer giant, is planning a $600 million IPO in January 2027.
The company's parent, Carlsberg A/S, will sell 15% of its stake through this move, hoping to reach a $4 billion valuation.
It's all about tapping into India's growing market and riding the current wave of investor confidence.
Carlsberg India posts ₹8,709cr revenue
The IPO journey kicked off quietly with a draft in July and went public by late October. Big names like Kotak Mahindra Capital, Citigroup, and JPMorgan Chase are managing the show, with investor meetings starting next week.
Carlsberg India is already the country's second-largest brewer, holding a 21.9% market share across 16 key states and union territories and just posted ₹8,709 crore in revenue for the fiscal year ended March 31, 2026.
With recent big-ticket IPOs like Jio Platforms boosting market mood, Carlsberg seems ready for its moment on the main stage.