Hindustan Coca-Cola Holdings Ltd (HCCH), the Indian bottling arm of The Coca-Cola Company, has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi), setting the stage for its proposed initial public offering (IPO).The proposed IPO will be entirely an offer for sale (OFS), with promoter shareholder Hindustan Coca-Cola Overseas Holdings Pte. Ltd. looking to sell up to 99.74 crore equity shares with a face value of ₹10 each. The issue will be conducted through the book-building process, with the company’s shares proposed to be listed on the BSE and the NSE.For the three months ended June 30, 2026, HCCH’s retained units reported revenue from operations of ₹4,310.17 crore, registering a year-on-year growth of 20.46%. Sales volumes increased 18.61% during the period. Its EBITDA margin, excluding other income and exceptional items, improved to 17.20% from 13.76% in the corresponding period last year. Should you buy Coca Cola shares ?
