BusinessPhoto: Mint CompaniesHindustan Coca-Cola IPO Shows Thums Up Outperforms Coke in 10 Indian States
Hindustan Coca-Cola Holdings, a Coca-Cola bottler, has filed for an IPO structured as an offer for sale. The company serves about 1.7 million retail outlets and sells 41 beverages in three categories. Coca-Cola owns 60% of HCCH, while Jubilant Beverages holds 40%. The IPO filings reveal that Thums Up is outperforming Coca-Cola in 10 key Indian states.
Mint Companies·



