India's primary market is buzzing. The wave of large IPOs continues. Recently, the country's largest public issue, Jio Platforms, created 13 new records by listing at a bumper premium of over 21% on Dalal Street. Following Jio's historic success, India's largest non-alcoholic ready-to-drink beverage company, Hindustan Coca-Cola Holdings (HCCH), has filed its Draft Red Herring Prospectus (DRHP) with SEBI for an IPO of over 99.74 crore equity shares.
Hindustan Coca-Cola Holdings Limited (HCCH) has filed a draft red herring prospectus (DRHP) with market regulator SEBI for its proposed initial public offering (IPO). The public issue will consist entirely of an offer for sale (OFS) of 99,74,61,456 (approximately 99.75 crore) equity shares of face value ₹10 each by Hindustan Coca-Cola Overseas Holdings Pte Ltd, the promoter-selling shareholder. The issue is being conducted through the book-building process, in accordance with SEBI regulations. More than 50% of the net offer will be reserved for qualified institutional buyers (QIBs)a minimum of 15% for non-institutional bidders (NIBs), and at least 35% for retail investors. The shares will be listed on the BSE and NSE.
According to a TKC report, HCCH is projected to be the largest non-alcoholic ready-to-drink company in India by revenue in fiscal year 2025-26. Furthermore, it is the largest bottler of concentrates in India based on sales under the Coca-Cola system. For the quarter ended June 2026, the company recorded revenue from operations of ₹4,310.17 crore, representing a year-on-year growth of 20.46%. The company produces and markets popular brands such as Thums Up, Sprite, Maaza, Limca, Fanta, and Smartwater. Its network spans over 1.7 million retail outlets and 2,273 distributors across the country.This move by Coca-Cola's bottling arm comes at a time when the primary market recently witnessed the success of Jio Platforms' blockbuster IPO. The country's largest IPO, worth ₹30,200 crore, listed at ₹1,358, a substantial premium of 21.36% over its issue price of ₹1,119. With over 13.8 million applications, it became the IPO with the highest retail participation in the world. It received a total subscription of 22.2 times and a 70.55 times subscription in the QIB category. Jio's listing demonstrates the strong investor confidence in large corporate issues.The Coca-Cola Company holds a 60% stake in HCCH. Jubilant Beverages Limited holds the remaining 40%. It joined the promoter group in July 2025. This listing is in line with Coca-Cola's global asset-light strategy, under which the company is transferring its bottling assets to franchise partners. India is the fifth-largest market for Coca-Cola globally. HCCH's mega IPO is being managed by leading merchant bankers such as Kotak Mahindra, Citigroup, JP Morgan, Morgan Stanley, and Axis Capital. This will further increase liquidity and investor interest in the primary market.
Month-over-month growth is a key metric for measuring the growth of your business. To calculate Month-over-Month growth, subtract the first month from the second month and then divide that by the last month’s total. Multiply the result by 100 and you’re left with a percentage. The percentage is your Month-over-Month growth rate. The formula for Month-over-Month growth rate is: Percent change = (Month 2 – Month 1) / Month 1 * 100 However, there’s much more to understanding your monthly growth than just extracting the most recent increase. It’s also important to understand the context around the MoM metric so you can use it effectively. For example, knowing how to interpret and present Month-over-Month growth is particularly valuable for raising capital. Investors expect to see growth metrics and projections, and monthly breakdowns are appropriate when your company is very new. In this article, I’ll provide: Every formula needed to calculate Month-over-Month growth. A demonstration...
Comments
Post a Comment