Key facts
- Coca-Cola is exploring a potential 2027 IPO in India for Hindustan Coca-Cola Holdings.
- Hindustan Coca-Cola Holdings is the parent of Coca-Cola's largest bottler in India.
- Coca-Cola is also exploring selling a portion of its stake in the unit.
- The IPO could value the unit at $10 billion.
- Rothschild & Co has been retained to advise on the listing.
Coca-Cola's potential listing of its Indian bottling arm, Hindustan Coca-Cola Holdings, in 2027 signals a strategic move to tap into India's growing consumer market and potentially unlock value. Such a listing could provide capital for expansion and align with the company's global strategy. The company faces competition in India from Reliance's Campa Cola.