Coca-Cola is considering filing draft prospectus documents in December for an initial public offering of its India bottling unit, according to multiple reports citing people familiar with the matter. The potential deal is described as a roughly $1 billion IPO.

The reports say the share sale would be led largely by existing investors, rather than new shares issued by the company. One outlet adds that Coca-Cola is seeking a valuation of about $10 billion, which would be tied to the size and pricing of the offering.

Other outlets frame the rationale as both financial and strategic: a listing would allow Coca-Cola to tap strong investor demand for new offerings in India and unlock value from one of the country’s largest bottling operations. Across coverage, the timing focus remains on a possible December filing, with no consensus on final launch dates or whether the filing will proceed.