A report says that the company has invited investment banks to pitch for roles on the planned IPO and the presentations are scheduled in London next week
Global beverage major Coca-Cola is looking to raise around USD 1 billion through the planned initial public offering (IPO) of its Indian bottling unit Hindustan Coca-Cola Holdings (HCCH), the parent company of the largest Coca-Cola bottler in India, Hindustan Coca-Cola Beverages (HCCB).
The company is seeking a valuation of about USD 10 billion for its Indian bottling arm. A media report has highlighted that the company has invited investment banks to pitch for roles on the planned IPO, with presentations scheduled in London next week. The company’s adviser on the transaction, Rothschild & Co will interact with the prospective banks for the proposed listing, the report mentioned.
The company is looking to bring the IPO in 2027. On 1 June 2026, it highlighted that initial preparations were underway for a potential listing on the Bombay Stock Exchange and National Stock Exchange of India, subject to market conditions and applicable regulatory and other approvals.
In July 2025, The Coca-Cola Company completed a transaction in which Jubilant Bhartia Group, an Indian family-owned conglomerate with presence in diverse sectors and strong relationships with other multinational companies, acquired a 40 per cent stake in HCCH. The potential listing will be a significant milestone, completing the refranchising of HCCH and positioning it well to capitalise on the opportunities in the Indian market, the company had said.
“This announcement is another important step for HCCB. Under the leadership of our trusted partners in Jubilant Bhartia Group, following the listing, the bottler will be well placed to continue to pursue growth. The Coca-Cola Company will stay invested in this important bottler and focus on growing our portfolio of global and local brands in India,” stated Sanket Ray, president, India and Southwest Asia and Emerging Large Markets Lead for The Coca-Cola Company.
HCCH and its operating subsidiary HCCB were established in 1997 and, as of March 31, operated a network of more than 2,000 distributors and reached over 1.7 million customers. HCCB operates 14 bottling plants across 10 states in India and works with eight co-packers, the company added.
