Which banks has Coca-Cola appointed for the planned 2027 IPO of its Indian bottling unit, Hindustan Coca-Cola Holdings?

Coca-Cola has appointed JPMorgan and Citi as bankers for the planned 2027 IPO of Hindustan Coca-Cola Holdings, and according to one source, Kotak and Morgan Stanley were also appointed on the IPO.

What is Coca-Cola's ownership stake in Hindustan Coca-Cola Holdings, and what were its reported revenue and net profit for 2023?

Coca-Cola holds a 60% stake in Hindustan Coca-Cola Holdings, which recorded revenue of 127.35 billion Indian rupees ($1.32 billion) and a $36 million net profit in 2023, according to the latest available data from Toefler.

Coca-Cola appoints JPMorgan, Citi for India bottler IPO, sources say

Jul 20, 2026

Coca-Cola appointed JPMorgan and Citi to lead a planned 2027 IPO of its Indian bottling unit, Hindustan Coca-Cola Holdings. This move follows a trend of multinationals monetizing investments via Indian equity markets.

reuters

2026-06-01

Coca-Cola explores listing of India bottling unit

2026-07-20

Coca-Cola appoints JPMorgan, Citi for India bottler IPO, sources say

Coca-Cola appoints JPMorgan, Citi for India bottler IPO, sources say

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