Coca-Cola's $900M HCCH IPO sets stage for Jubilant Bhartia to take operational control of India bottling

Coke's planned 2027 listing of Hindustan Coca-Cola Holdings (~Rs 8,500 cr) will progressively hand bottling control to Jubilant Bhartia, which already paid Rs 10,000 cr for 40%. The shift mirrors the PepsiCo-Varun Beverages model as HCCB profits slid 73% to Rs 757 cr amid Campa Cola's 10-15% share grab.

Coca-Cola's planned 2027 IPO of HCCH at Rs 8,500 cr will hand India bottling control to Jubilant Bhartia, mirroring the PepsiCo-Varun Beverages model.

NDTV Profit · 6/2/2026, 11:12:26 AM · Ask about this →

Hindustan Coca-Cola Beverages + Campa Cola + Coca-Cola + Hindustan Coca-Cola Holdings + Jubilant Bhartia Group + PepsiCo + Varun Beverages +