Two key Initial Public Offerings (IPOs) are set to hit the bourses soon collectively raising USD 1100 Million, a boom for the IPO market.
Carlsberg A/S has confidentially filed draft papers for an initial public offering of its India unit to raise as much as $700 million (Rs 6,600 crore), reports said while Mohalla Tech Pvt is seeking to raise as much as $400 million from a public market listing, which is planned for next year.
Mohalla Tech Pvt operates social network ShareChat, short-video platform Moj and subscription-based micro-drama app QuickTV.
In an interview with Bloomberg, Chief Financial Officer Manohar Charan said ShareChat has become operationally profitable in the first quarter of the year that began April 2026.
“Our unit economics has now turned positive,” he said. “We will aim to list over the next four or five quarters.”
Carlsberg IPO:
Reportedly, Carlsberg is working with Kotak Mahindra Capital as well as the Indian units of JPMorgan Chase and Citigroup on the proposed offering.
Carlsberg entered India in 2007, operates 14 breweries across the country, and is currently country’s second-largest brewer with a market share of about 22%.
Sharechat IPO:
ShareChat annual revenue has crossed 10 billion rupees ($105 million) and is running at an annualized pace of as much as 14 billion rupees.
The quick TV format app counts LightSpeed and Tiger Global among its backers. Key driver of the company’s recovery has been micro-dramas, or serialized stories told in episodes as short as 60 seconds.
ShareChat and Moj together have about 150 million monthly active users while QuickTV has 3 million subscribers.