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Coca-Cola Taps Bankers for $1 Bn India Bottler IPO at $10 Bn Valuation

Coca-Cola is selecting bankers for a proposed ~$1bn IPO of its Indian bottler Hindustan Coca-Cola Beverages, targeting a $10bn valuation. HCCB serves 1.7 million retail outlets across 236 districts via 14 plants.

Reported figures

From the report. Source details below

  • ₹9,500 crore
  • 5,000 employees
  • 12 states

The source

Source Read the source at Outlook Business

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Confirmed by ET Hospitality

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