India, Oct. 29 -- Coca-Cola is known mostly as a brand, but in India the drinks are produced, bottled and distributed by a separate business. That difference is very important to investors. A bottler doesn't own the recipe or the global marketing machine, so its profits hinge on volumes, pricing and how efficiently it runs plants and trucks.

What's the News Hindustan Coca-Cola Holdings (HCCH), the holding company behind the Indian bottling rights of Coca-Cola, is looking to list about $1 billion worth of shares in an initial public offering. The draft red herring prospectus can be submitted to SEBI as soon as 29 October and the offering could value the company at around $10 billion. The listing will take place on the BSE and NSE in 202...