Sector: Beverages and FMCG | Proposed Mainboard IPO
Hindustan Coca-Cola Holdings Ltd. (HCCH), the holding company of Coca-Cola’s Indian bottling business, has filed its Draft Red Herring Prospectus (DRHP) with SEBI for a proposed initial public offering.
The proposed IPO will comprise an Offer for Sale of up to 99.75 crore equity shares by its promoter, Hindustan Coca-Cola Overseas Holdings Pte. Ltd. The issue is entirely an OFS, meaning the company will not receive proceeds from the sale of shares. The equity shares are proposed to be listed on the BSE and NSE.
According to the draft documents, HCCH reported revenue of Rs. 11,663 crore in FY26. Its operating network includes 14 owned manufacturing facilities, eight co-pack units and a distribution network of 2,273 distributors as of June 2026. Its portfolio includes Coca-Cola, Thums Up, Sprite, Fanta, Maaza and Minute Maid.
The proposed listing represents an important development for India’s packaged beverage industry. However, the issue opening date, price band and final offer size remain subject to further regulatory disclosures.
Source: Business Standard / Economic Times | 8–9 November 2026
