Upcoming IPOs Set to Boost Market with $1.1 Billion in Funding

Significant IPOs on the Horizon

Two major Initial Public Offerings (IPOs) are poised to enter the stock market, aiming to raise a total of $1.1 billion, signaling a vibrant phase for the IPO landscape. Carlsberg A/S has submitted confidential draft documents for an IPO of its Indian subsidiary, targeting up to $700 million (approximately ₹6,600 crore). Meanwhile, Mohalla Tech Pvt is looking to secure around $400 million through a public listing planned for next year. This company operates the social media platform ShareChat, the short-video service Moj, and the subscription-based micro-drama application QuickTV.

In a recent discussion with Bloomberg, CFO Manohar Charan revealed that ShareChat achieved operational profitability in the first quarter of the fiscal year starting April 2026. He stated, “Our unit economics have turned positive,” and expressed the intention to pursue a listing within the next four to five quarters.

Carlsberg's IPO Details: Carlsberg is collaborating with Kotak Mahindra Capital, along with the Indian branches of JPMorgan Chase and Citigroup, for this offering. Since its entry into the Indian market in 2007, Carlsberg has established 14 breweries and currently ranks as the second-largest brewer in the country, holding a market share of approximately 22%.

Insights on ShareChat's IPO: ShareChat has reported an annual revenue exceeding ₹10 billion (around $105 million) and is on track for an annualized revenue of up to ₹14 billion. The QuickTV app has garnered support from investors like LightSpeed and Tiger Global. A significant factor in the company's resurgence has been its micro-drama content, featuring serialized stories in episodes as brief as 60 seconds. Together, ShareChat and Moj boast around 150 million monthly active users, while QuickTV has attracted 3 million subscribers.