Global beverage leader Coca-Cola Co. is exploring an initial public offering (IPO) for its Indian bottling subsidiary, Hindustan Coca-Cola Beverages Pvt. Ltd. (HCCB). The potential offering could be valued at around $1 billion and may assign a valuation of approximately $10 billion to HCCB. "These discussions are still in the early stages, and the company has not yet appointed bankers for the deal, " a Bloomberg report said. Advertisement

The IPO could take place as soon as next year, though precise details regarding the timing, structure, and size of the offer are yet to be finalised. A listing would introduce one of the world’s most recognised consumer brands to the Indian stock market, which has witnessed significant activity in recent years with sizable debuts such as Hyundai Motor I

See Full Page