Jun. 2 at 2:15 AM
Coca-Cola is exploring a potential 2027 IPO of Hindustan Coca-Cola Holdings (HCCH), the parent company of its largest Indian bottling operation, while also considering selling part of its ownership stake. The company has engaged Rothschild & Co as an advisor for a possible listing on the Bombay Stock Exchange and National Stock Exchange, pending market conditions and regulatory approvals.
HCCH’s operating subsidiary, Hindustan Coca-Cola Beverages (HCCB), is a major player in India’s beverage market, operating 14 bottling plants across 10 states and reaching more than 1.7 million customers through a network of over 2,000 distributors. The company bottles and distributes brands including Coca-Cola, Sprite, Fanta, Thums Up, Limca, Maaza, and Minute Maid.
In 2025, India’s Jubilant Bhartia Group acquired a 40% stake in HCCH. Coca-Cola said the partnership positions the business for long-term growth.
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