Coca-Cola eyes 2027 India bottler IPO at $10B valuation amid Campa Cola heat

Coca-Cola is exploring a 2027 BSE/NSE listing of Hindustan Coca-Cola Holdings, its largest India bottler running 14 plants across 10 states. FY25 sales hit Rs 50 bn ($526M). Rothschild is advising on a potential partial stake sale at a $10B valuation as Reliance-backed Campa Cola intensifies price competition.

— FiledTue, 2 Jun, 2026, 09:40 IST·First seen Tue, 2 Jun, 2026, 09:39 IST·Source VCCircle (HTML list)

What happened

Coca-Cola plans a 2027 BSE/NSE IPO of Hindustan Coca-Cola Holdings, its largest India bottler, exploring partial stake sale. Rothschild advising. Bottler runs

Key facts

  • 60% stake
  • 40% stake
  • 14 bottling plants
  • 10 states
  • 50 billion rupees FY25 sales
  • $526.37 million
  • $10 billion valuation

Why this matters

The Rothschild-led partial stake sale opens a rare window for strategic minority plays in India's beverage backbone, with 2027 timing leaving room for pre-IPO anchor positioning.