From The Hindu BusinessLine
Center-Right Owned by The Hindu Group (Kasturi & Sons)Hindustan Coca-Cola Holdings files DRHP for IPO
What's behind this
Hindustan Coca-Cola Holdings Ltd, the Indian bottling arm backed by The Coca-Cola Company and Jubilant Beverages, has filed draft IPO papers with the Securities and Exchange Board of India. The filing seeks to raise funds through an initial public offering that will be entirely an offer‑for‑sale, with up to 99.75 crore equity shares to be sold by promoter Hindustan Coca-Cola Overseas Holdings Pte Ltd. The company plans to list the issue by 2027 as part of Coca‑Cola’s global asset‑light strategy for its bottling assets.
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center · 2 outlets
Hindustan Coca-Cola Holdings Ltd has filed its draft IPO papers with the Securities and Exchange Board of India. The planned IPO will involve the sale of up to 99.75 crore equity shares by the promoter. Coca-Cola aims to list HCCH by 2027 amid a global asset-light strategy for its bottling assets…
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right · 3 outlets
Proposed IPO to be entirely an offer for sale of up to 99.75 crore equity shares by promoter Hindustan Coca-Cola Overseas Holdings Pte Ltd
RSS excerpt
The IPO is an offer for sale of up to 99.75 crore shares of ₹10 face value by promoter Hindustan Coca-Cola Overseas Holdings Pte Ltd, per the DRHP
