Coca-Cola's India bottler HCCB taps JPMorgan, Citi, Kotak, Morgan Stanley for ~$1B IPO eyed 2027
Hindustan Coca-Cola Holdings, the bottler behind Thums Up, Sprite and Maaza across 14-15 plants in 10 states, is lining up bankers for a summer 2027 listing valuing the business near $10 billion, following Jubilant Bhartia's 40% stake buy from Coca-Cola.
Coca-Cola's Indian bottler HCCB appoints JPMorgan, Citi, Kotak, Morgan Stanley for a planned 2027 IPO worth ~$1 billion, following Jubilant Bhartia's 40% stake purchase.