The Coca-Cola Company plans an initial public offering (IPO) for its Indian bottling arm, Hindustan Coca-Cola Beverages (HCCB). The company aims to raise approximately $1 billion through the listing. This offering is expected to value HCCB at nearly $10 billion.
The IPO is currently anticipated for the summer of 2026. If successful, the listing could rank among India's largest in the consumer sector. Coca-Cola may postpone the offering until 2027 if market conditions prove unfavorable.
Coca-Cola leads India’s substantial soft drinks market. The move supports the company's ongoing strategy for operations within this key region. Coca-Cola has engaged investment bankers at Kotak, HDFC Group, and Citibank to manage the proposed offering.