Sector: Consumer Goods and Beverages | Upcoming Mainboard IPO
Carlsberg India Ltd., the Indian subsidiary of Danish brewing company Carlsberg, has moved closer to its proposed stock market listing after filing an Updated Draft Red Herring Prospectus (UDRHP) with the Securities and Exchange Board of India (SEBI). The updated offer document, dated October 27, 2026, proposes an Offer for Sale of up to 8.64 crore equity shares by its existing shareholder, South Asian Breweries Pvt. Ltd. The proposed IPO does not include a fresh issue of shares, meaning the proceeds will go to the selling shareholder rather than the company.
According to the updated draft documents, Carlsberg India operates seven owned breweries and nine third-party manufacturing facilities. Its portfolio includes Carlsberg, Tuborg and other beverage brands. For FY26, the company reported total income of approximately Rs. 8,815 crore and profit after tax of Rs. 534.51 crore. The proposed listing will provide an opportunity for existing shareholders to monetise their holdings, although the issue opening date, price band and lot size are yet to be announced.
Source: Reuters / Carlsberg India official offer documents
