Hindustan Coca-Cola Holdings Files DRHP for IPO, Offers 99.75 Crore Shares for Sale

Hindustan Coca-Cola Holdings Ltd. has filed its Draft Red Herring Prospectus (DRHP) with SEBI on November 6, 2026, to launch an IPO comprising an offer for sale (OFS) of up to 99.75 crore equity shares.

The company has proposed listing its shares on the BSE and NSE. IPO dates, price band and lot size are yet to be announced.

Hindustan Coca-Cola IPO Details

Particulars	Details
Issue Type	Book Building IPO
Issue Size	99.75 crore shares
Face Value	₹10 per share
Sale Type	100% Offer for Sale
Listing	BSE, NSE
Registrar	KFin Technologies
Lead Managers	Kotak Mahindra Capital and others
IPO Dates	To be announced
Price Band	To be announced

About Hindustan Coca-Cola Holdings

Incorporated in 1997, the company operates in India's non-alcoholic ready-to-drink beverage sector through its material subsidiary, Hindustan Coca-Cola Beverages (HCCB).

Its portfolio includes popular brands such as Coca-Cola, Thums Up, Sprite, Fanta, Maaza, Kinley, Minute Maid and Monster.

As of June 2026, its operations covered 10 states and four Union Territories, supported by 2,273 distributors, 14 owned manufacturing facilities and eight co-pack units.

Financial Performance

Particulars	FY26	FY25
Total Income	11,663.24	12,869.55
Profit After Tax	1,165.05	759.90
EBITDA	1,353.04	1,640.02
Total Assets	15,637.09	14,733.30

While total income declined by around 9% in FY26, profit after tax increased by approximately 53% year-on-year.

IPO Objectives and Shareholding

The IPO is entirely an OFS, with all 99.75 crore shares being sold by promoter shareholder Hindustan Coca-Cola Overseas Holdings Pte. Ltd. The company will not receive any proceeds from the issue.

Following the IPO, the proposed shareholding structure is 85% for promoters and promoter group and 15% for public shareholders.

Key Takeaway: The proposed IPO will give public investors an opportunity to invest in a major Coca-Cola bottling business in India. Investors will need to wait for the price band and issue dates before evaluating the offer.

When did Hindustan Coca-Cola Holdings file its DRHP?

Hindustan Coca-Cola Holdings filed its Draft Red Herring Prospectus (DRHP) with SEBI on November 6, 2026.

What is the proposed issue size of the Hindustan Coca-Cola IPO?

The IPO comprises an offer for sale of up to 99.75 crore equity shares.

Is the Hindustan Coca-Cola IPO a fresh issue or an OFS?

The IPO is entirely an offer for sale (OFS). No fresh shares are being issued.

What is the face value of Hindustan Coca-Cola Holdings shares?

The face value of each equity share is ₹10.

On which stock exchanges will Hindustan Coca-Cola Holdings list?

The company has proposed listing its shares on the BSE and NSE.

Have the Hindustan Coca-Cola IPO dates been announced?

No. The IPO opening and closing dates are yet to be announced.

What is the price band for the Hindustan Coca-Cola IPO?

The price band has not yet been announced.

Who is the registrar of the Hindustan Coca-Cola IPO?

KFin Technologies has been appointed as the IPO registrar.

Who are the lead managers for the Hindustan Coca-Cola IPO?

Kotak Mahindra Capital and other investment banking firms are managing the IPO.

Who is selling shares in the Hindustan Coca-Cola IPO?

Promoter shareholder Hindustan Coca-Cola Overseas Holdings Pte. Ltd. is offering up to 99.75 crore shares for sale.

Will Hindustan Coca-Cola Holdings receive money from the IPO?

No. Since the issue is entirely an OFS, the proceeds will go to the selling shareholder rather than the company.

What does Hindustan Coca-Cola Holdings do?

The company operates in India's non-alcoholic ready-to-drink beverage sector through its material subsidiary, Hindustan Coca-Cola Beverages (HCCB).

Which popular brands are part of its beverage portfolio?

Its portfolio includes Coca-Cola, Thums Up, Sprite, Fanta, Maaza, Kinley, Minute Maid and Monster.

How many states and Union Territories did its operations cover as of June 2026?

Its operations covered 10 states and four Union Territories.

How many manufacturing facilities does the company operate?

It had 14 owned manufacturing facilities and eight co-pack units as of June 2026.

What was Hindustan Coca-Cola Holdings' total income in FY26?

The company reported total income of ₹11,663.24 crore in FY26, compared with ₹12,869.55 crore in FY25.

What was its net profit in FY26?

Its profit after tax stood at ₹1,165.05 crore in FY26, compared with ₹759.90 crore in FY25.

How much did the company's profit increase in FY26?

Profit after tax increased by approximately 53% year-on-year.

What will be the promoter shareholding after the IPO?

The proposed post-IPO shareholding structure provides for 85% ownership by promoters and the promoter group and 15% by public shareholders.

Should investors consider the Hindustan Coca-Cola IPO?

Investors should review the final prospectus, valuation, financial performance, business risks and IPO price band before making an investment decision.