Coca-Cola has appointed JPMorgan and Citigroup as lead bankers for the planned 2027 IPO of its majority-owned Indian bottling partner, Hindustan Coca-Cola Holdings (HCCH), Reuters reported, citing sources. The company announced its IPO plans in June and is exploring the sale of part of its stake in HCCH as part of the listing. Coca-Cola owns a 60% stake in HCCH.