Coca-Cola eyes 2027 India IPO for Hindustan Coca-Cola Beverages at ~$10B valuation

Coca-Cola is exploring a BSE/NSE listing of its largest India bottler, Hindustan Coca-Cola Beverages, by 2027 and may pare its stake. Move follows Jubilant Bhartia's 40% buy in 2025 and intensifying competition from Reliance-backed Campa Cola in India's beverage market.

— Filed Tue, 2 Jun, 2026, 06:17 IST · Source The Hindu BusinessLine · Updated

Coca-Cola is exploring a 2027 BSE/NSE IPO for Hindustan Coca-Cola Beverages, its largest India bottler, and may sell part of its stake. Jubilant Bhartia bought 40% in 2025; Bloomberg pegged valuation at $10 billion amid Campa Cola competition.

Why this matters

Signals Coca-Cola's push to monetize and localize its India bottling arm after Jubilant Bhartia's 40% buy in 2025, as Reliance's Campa Cola disrupts pricing in India's beverage market.

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