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Coca-Cola mulling $1 billion IPO of its India bottling arm

Business Standard

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October 18, 2025

Coca-Cola Co. is considering taking its Indian bottling unit public in a deal that may fetch $1 billion, according to people familiar with the matter.

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Coca-Cola mulling $1 billion IPO of its India bottling arm

The company has met with bankers in recent weeks to discuss the possible initial public offering of Hindustan Coca-Cola Beverages Pvt, which would value the unit at about $10 billion, according to the people, who asked not to be identified discussing a private matter.

It’s still early in the process and the company hasn’t hired bankers for the deal yet, according to the people.

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