Coca-Cola is considering an Initial Public Offering (IPO) of its India business, says a Bloomberg report. As per the report, the company is looking to raise approximately $1 billion in its India IPO.

The report states that Coca-Cola is seeking to value Hindustan Coca-Cola Beverages at approximately $10 billion. The company has met with bankers in recent weeks to discuss the possible IPO . The discussions are still in the early phase, and the company has not yet hired bankers for the deal.

Coca-Cola India IPO timing

Bloomberg reports that the IPO is likely to occur next year, if it proceeds. The company is still deliberating on timing, structure, and size of the offering.

Coca-Cola’s IPO will bring one of the world’s best-known brands to India’s hot IPO market, which is on track for

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