Hindustan Coca-Cola Holdings Files Draft Papers for IPO
The Coca-Cola bottler's parent plans an offer for sale of nearly 100 crore shares.
Key Takeaways
- Hindustan Coca-Cola Holdings filed draft papers for an IPO.
- The issue is entirely an offer for sale, so the company gets no proceeds.
- The Coca-Cola Company holds 60% and Jubilant Beverages holds 40%.
- Revenue for April to June 2026 rose 20.46% to Rs 4,310.17 crore.
- Seven lead managers are handling the proposed BSE and NSE listing.
Table of Contents 6 sections
Hindustan Coca-Cola Holdings (HCCH), the parent of Coca-Cola's Indian bottler Hindustan Coca-Cola Beverages (HCCB), has filed its draft red herring prospectus for an IPO with the Securities and Exchange Board of India. The filing was reported on 7 November 2026.
The IPO is entirely an offer for sale of up to 99,74,61,456 equity shares of Rs 10 each, so the company receives no proceeds. The seller is Hindustan Coca-Cola Overseas Holdings Pte Ltd, and the shares are proposed to list on the BSE and NSE.
Hindustan Coca-Cola Holdings' IPO at a glance
| Detail | Hindustan Coca-Cola Holdings |
|---|---|
| Type of issue | Entirely an offer for sale |
| Shares on offer | Up to 99,74,61,456 equity shares of Rs 10 each |
| Seller | Hindustan Coca-Cola Overseas Holdings Pte Ltd |
| Proceeds to the company | None |
| Proposed listing | BSE and NSE |
| Price band | Not announced |
| Lead managers | Kotak Mahindra Capital, Citigroup, J.P. Morgan, Morgan Stanley, Axis Capital, Goldman Sachs and IIFL Capital Services |
Who owns Hindustan Coca-Cola Holdings today
The Coca-Cola Company holds 60% of HCCH through Hindustan Coca-Cola Overseas Holdings, and Jubilant Beverages holds the other 40%.
How big Hindustan Coca-Cola Beverages is on the ground
HCCB sells beverages including Thums Up and Maaza. It serves about 17 lakh retail outlets.
| Operations | HCCB |
|---|---|
| Production facilities | 14 |
| Retail outlets served | About 17 lakh |
Hindustan Coca-Cola's results for April to June 2026
For the quarter ended 30 June 2026, revenue rose 20.46% year on year to Rs 4,310.17 crore. Sales volume grew 18.61%, and the EBITDA margin, excluding other income and exceptional items, rose to 17.20% from 13.76% a year earlier.
Where Hindustan Coca-Cola Holdings stands after the filing
Hindustan Coca-Cola Holdings has filed for an offer-for-sale IPO of up to 99,74,61,456 shares, with the price band yet to be announced. Seven lead managers are handling the issue, and the shares are proposed to list on the BSE and NSE.
More news
Frequently Asked Questions
What is Hindustan Coca-Cola Holdings?
What did Hindustan Coca-Cola Holdings file?
How many shares are on offer in the Hindustan Coca-Cola Holdings IPO?
Will Hindustan Coca-Cola Holdings receive money from the IPO?
Who is selling shares in the Hindustan Coca-Cola Holdings IPO?
How much of Hindustan Coca-Cola Holdings does Coca-Cola own?
How much does Jubilant Beverages own in Hindustan Coca-Cola Holdings?
Where will Hindustan Coca-Cola Holdings list its shares?
How did Hindustan Coca-Cola grow in April to June 2026?
What brands does Hindustan Coca-Cola Beverages sell?
How many retail outlets does Hindustan Coca-Cola Beverages serve?
Which banks are managing the Hindustan Coca-Cola Holdings IPO?
More in Business
Adani Ports to Buy Evos at €2.56 Billion Enterprise Value
APSEZ will buy all of Evos from Igneo Infrastructure Partners at a €2.56 billion enterprise value.
AvenuesAI Q2 Revenue Rises 47% to Rs 2,879 Crore
AvenuesAI reported Rs 2,879.24 crore of Q2 revenue and Rs 71.70 crore of profit after tax.
Zomato Now Delivers From Restaurants Up to 40 km Away
Zomato's Limitless Delivery lets users order from restaurants up to 40 km away in seven cities.