Coca-Cola eyes 2027 India IPO for Hindustan Coca-Cola Holdings at $10B valuation
Coca-Cola is exploring a 2027 BSE/NSE listing for its largest India bottler, Hindustan Coca-Cola Holdings, with Rothschild advising. The unit—60% Coca-Cola, 40% Jubilant Bhartia—operates 14 plants across 10 states and posted Rs 50 bn FY25 sales as Reliance's Campa Cola intensifies pricing pressure.
What happened
Coca-Cola plans a 2027 BSE/NSE IPO for Hindustan Coca-Cola Holdings, its largest India bottler, with Rothschild advising. The unit, 60% Coca-Cola and 40%
Key facts
- 60% stake
- 40% stake
- 14 bottling plants
- 10 states
- Rs 50 bn FY25 sales
- $526.37 mn
- $10 bn valuation
Why this matters
Rothschild's mandate and the 60/40 Jubilant Bhartia structure signal a partial monetization path worth watching for bottler consolidation plays and pre-IPO secondary opportunities.