BusinessPhoto: Mint MarketsHindustan Coca-Cola Holdings Files DRHP for IPO, Majority Shareholder to Sell Stake
Hindustan Coca-Cola Holdings (HCCH), the parent of Coca-Cola's Indian bottling business, has filed draft papers for an IPO consisting entirely of an offer for sale (OFS) of up to 99.75 crore shares by its majority shareholder, Hindustan Coca-Cola Overseas Holdings. The majority shareholder plans to reduce its stake from 60% to about 45%. Jubilant Beverages, holding 40%, will not participate. The IPO follows Coca-Cola's 2027 listing plans.
Mint Markets·




