Supported by Coca-Cola and Jubilant Beverages, Hindustan Coca-Cola Holdings LTD. Submits an IPO DRHP to SEBI

News Desk, News Nation 360: Hindustan Coca-Cola Holdings Limited (HCCH), the largest NARTD revenue generator in India, with a 100% presence in the Indian territory in FY26, is the key bottling partner of the Coca-Cola System in India. The company has submitted its Draft Red Herring Prospectus (DRHP) to SEBI for conducting an Initial Public Offering (IPO). This will be conducted entirely through an Offer for Sale (OFS) of up to 997,461,456 equity shares of face value INR 10 each, by one of the promoter selling shareholders, i.e. Hindustan Coca-Cola Overseas Holdings Pte. Ltd. (having a 60% stake), along with Jubilant Beverages Limited (having a 40% stake). The public issue will be listed on BSE and NSE through a book-building process. Up to 50% will be issued to QIBs, a minimum of 15% to NIBs and a minimum of 35% to retail investors. Hindustan Coca-Cola Holdings Limited had a strong start to the year, with retained units reporting revenue from operations of INR 4,310.17 crore (20.46% increase year-on-year with an increase in volumes by 18.61%) while operating EBITDA margins improved to 17.20%. The company operates through its wholly-owned subsidiary Hindustan Coca-Cola Beverages Private Limited (HCCB) in exclusive areas of 10 states and 4 Union Territories. It has a large customer base of 616.9 million customers, 1.7 million retail outlets through 2,273 distributors and 14 production facilities with 90 bottling lines. It has a strong market share, with Thums Up, Maaza and Kinley driving volumes. The company is led by its Chief Executive Officer, Hemant Kumar Rupani, and Chief Financial Officer, Harsh Kumar Bhutani and is managed by book-running lead managers Kotak Mahindra Capital, Citigroup Global Markets India, J.P. Morgan India, Morgan Stanley India, Axis Capital, Goldman Sachs (India) Securities and IIFL Capital Services. Its registrar is KFin Technologies.

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