Coca-Cola Lines Up JPMorgan, Citi, Kotak for 2027 India Bottling IPO
Hindustan Coca-Cola Holdings, the beverage giant's 60%-owned Indian bottler with 14 plants across 10 states, taps four banks to lead a planned 2027 listing after posting $1.32B revenue and $36M net profit.
Coca-Cola appoints JPMorgan, Citi, Kotak and Morgan Stanley as bankers for a planned 2027 IPO of Hindustan Coca-Cola Holdings, its majority-owned Indian bottling arm.
Why this matters
Follows earlier reports of Coca-Cola eyeing a 2027 HCCH listing near $10B valuation amid Campa Cola competitive pressure.
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