Coca-Cola India Bottler Files Draft for Shareholder-Led IPO
Hindustan Coca-Cola Holdings filed draft papers for an offer of up to 99.75 crore shares, with proceeds going to its promoter.
Key takeaways
- HCCH filed a draft prospectus for an offer for sale of up to 99.75 crore shares.
- All IPO proceeds will go to selling shareholder Hindustan Coca-Cola Overseas Holdings.
- HCCH reported June-quarter revenue of ₹4,310.17 crore and restated profit of ₹408.454 crore.
Hindustan Coca-Cola Holdings Ltd. (HCCH), the holding company for Coca-Cola’s Indian bottling business, has filed draft papers for a proposed IPO with India’s securities regulator. The offer for sale would include up to 99.75 crore shares.
The shares will be sold by promoter Hindustan Coca-Cola Overseas Holdings Pte. Ltd., and all proceeds will go to that shareholder, according to the filing. The draft prospectus does not describe the offer as a sale of newly issued shares.
Hindustan Coca-Cola Overseas Holdings owns 60% of HCCH, while Jubilant Beverages holds the remaining 40%, the company said. Jubilant became one of HCCH’s promoters in July 2025.
HCCH’s restated profit attributable to shareholders was ₹408.454 crore in the April-June quarter, down from ₹1,054.4 crore a year earlier. Revenue from operations rose 17% to ₹4,310.17 crore in the quarter.
For FY26, revenue from operations was ₹11,663.24 crore, compared with ₹12,869.54 crore in FY25. HCCH said in its filing that it was India’s largest non-alcoholic ready-to-drink beverage company by revenue operating exclusively in the country in FY26, citing a report by The Knowledge Company.
This article was produced with the help of AI technology. Based on reporting by the outlets listed above.
