Archive · 15 Jan 2026
Coca-Cola Plans $1B HCCB IPO for 2026
Coca-Cola is planning to list its Indian bottling company, Hindustan Coca-Cola Beverages (HCCB), on the stock market in 2026.
This IPO is expected to raise about $1 billion.
HCCB is valued at around $10 billion and sells popular drinks like Coca-Cola, Thums Up, and Sprite.
The company's revenue was Rs 12,751.29 crore in the last financial year, which was a bit lower than the previous year.
Coca-Cola is working with banks like Kotak, HDFC Group, and Citibank for this IPO.
The listing might be delayed to 2027 if the weather affects sales, like it did last year.
Coca-Cola sold a part of HCCB to another company called Jubilant Bhartia Group, which helps them focus more on making new products and marketing.
Coca-Cola plans to raise $1 billion through an IPO of its Indian bottling arm, Hindustan Coca-Cola Beverages (HCCB), in 2026.
HCCB is valued at approximately $10 billion and distributes popular brands like Coca-Cola, Thums Up, and Sprite.
The IPO process began after Coca-Cola sold a 40% stake in HCCB's parent company to Jubilant Bhartia Group for Rs 12,500 crore.
HCCB reported revenue of Rs 12,751.29 crore in FY25, a 9% decrease from the previous year.
The listing might be postponed to 2027 if adverse weather conditions disrupt peak summer demand, similar to the previous year.
- Who
- Coca-Cola and Hindustan Coca-Cola Beverages (HCCB)
- What
- Planned IPO of HCCB to raise $1 billion
- When
- 2026 (possibly 2027 if delayed)
- Where
- India
- Why
- To raise funds and part of Coca-Cola's global asset-light strategy
- Company
- Hindustan Coca-Cola Beverages (HCCB)
- IPO Size
- $1 billion (Rs 9,027 crore)
- Valuation
- $10 billion
- Listing Year
- 2026 (possibly 2027)
- CEO
- Hemant Rupani
- Revenue (FY25)
- Rs 12,751.29 crore (down 9% YoY)
- Major Brands
- Coca-Cola, Thums Up, Sprite, Maaza, Kinley, Dasani, Georgia Coffee, Schweppes
- Parent Company
- Hindustan Coca-Cola Holdings Pvt Ltd
