Coca-Cola is considering listing its bottling holding company in India in 2027.
Read Desk. Coca-Cola is possibly considering a possible initial public offering (IPO) for Hindustan Coca-Cola Beverages (HCCB) in India. HCCB is the holding company for Coca-Cola’s largest bottling operations in the country. According to a Reuters report, the company is targeting listing on BSE and National Stock Exchange by 2027.
The report further states that the company may also sell some part of its stake in this unit under the proposed offering. In 2025, India’s Jubilant Bharatiya Group acquired a 40 percent stake in Hindustan Coca-Cola Beverages, a significant investment in Coca-Cola’s India bottling business.
In May last year, fair trade regulator Competition Commission of India (CCI) had approved Jubilant Beverages’ proposal to acquire 40 per cent stake in Hindustan Coca-Cola Holdings Pvt Ltd (HCCH). HCCH is the parent company of Hindustan Coca-Cola Beverages Pvt. Ltd., the largest bottler of Coca-Cola in India.
HCCH, which is a holding company and has no independent business activities in India, is part of Atlanta-based ‘The Coca-Cola Company’ conglomerate. Hindustan Coca-Cola Beverages (HCCB) is a subsidiary of HCCH. HCCB is engaged in manufacturing, packaging, supply and distribution of various types of Coca-Cola beverages in India. This is Monster Inc. It also manufactures and distributes beverages under the ‘Monster’ brand owned by Ltd.
In 2024, Coca-Cola announced the sale of 40 percent stake in its India bottling business, Hindustan Coca-Cola Beverages Pvt Ltd (HCCBL), to Jubilant Indian Group. The acquisition deal was part of The Coca-Cola Company’s strategy to reduce its stake in its bottling operations globally in line with its ‘asset-light’ strategy. HCCBL operates 13 factories and manufactures and sells 37 different products.
According to media reports, the deal for a 40 percent stake in Hindustan Coca-Cola Holdings was valued at around Rs 10,000 crore. “The Coca-Cola Company will maintain its investment in this important bottler and focus on growing its portfolio of global and local brands in India,” Sanket Ray, Coca-Cola’s president of India and Southwest Asia and head of major emerging markets, told Reuters.
Don’t forget to follow Read.Com’s WhatsApp channel.
Comments are closed.