
Hindustan Coca-Cola Beverages IPO
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About Hindustan Coca-Cola Beverages
The Coca-Cola Company, headquartered in Atlanta, is one of the world’s largest beverage companies, offering over 500 brands globally.
Coca-Cola is considering taking its Indian bottling arm, Hindustan Coca-Cola Beverages, public in a deal that could raise around $1 billion.
Hindustan Coca-Cola Beverages serves over 2 million retailers, employs 5,200+ people, and operates 14 plants across 12 states and 236 districts in southern and western India. Headquartered in Bengaluru, it plays a key role in Coca-Cola’s India operations.
Recently, Coca-Cola sold a minority stake in Hindustan Coca-Cola Beverages parent company, Hindustan Coca-Cola Holdings Pvt., to the Jubilant Bhartia Group, a diversified Indian conglomerate.
Coca-Cola Valuation
Hindustan Coca-Cola Beverages Pvt. (HCCB), could raise around $1 billion. The proposed listing is expected to value the company at about $10 billion, underscoring India’s growing role in Coca-Cola’s global operations.
Preliminary discussions with bankers have been held in recent weeks, but no official mandates have been finalised yet. If the plan progresses, the IPO could take place next year, though details on timing, structure, and size are still being worked out.
Media coverage
- India Today – Coca-Cola eyes $1 billion IPO for Indian bottling arm
- Mint – Coca-Cola said to mull $1 billion IPO of Indian bottling unit
- Financial Express – Coca-Cola plans $1 billion India IPO; Eyes $10 billion valuation for Hindustan Coca-Cola Beverage
- Times Now – Coca-Cola Eyes $1 Billion IPO Amid Reliance’s Campa Cola ComebackQuick commerce is making fast inroads in India