Coca-Cola's largest bottler in India, SLMG Beverages is eyeing a revenue of Rs 20,000 crore within the next five years and plans to launch its <a href="https://www.mid-day.com/business/business-news/article/ipo-a-guide-to-understanding-how-companies-get-listed-on-the-stock-exchanges-23644953" target="_blank" rel="none noopener">initial public offering (IPO)</a> before then in the next three to four years, according to news agency PTI.
"We should at least go for Rs 20,000 crore in the next five years. We will definitely be listed by then," SLMG Beverages Joint Managing Director Paritosh Ladhani told PTI.
The company, which has a gross turnover of around Rs 9,000 crore, is targeting a turnover of more than Rs 15,000 crore over the medium-term of three years. It expects to cross Rs 10,000 crore next year.&nbsp;
"We are currently growing at a double-digit rate and will continue the momentum. We grew about 25 per cent in FY26, while our compound annual growth rate (CAGR) has exceeded 20 per cent over the last four years," Ladhani said.&nbsp;
"We are very bullish for growth," he added.
SLMG Beverages holds bottling rights for Coca-Cola in Uttar Pradesh and Bihar along with Uttarakhand, and parts of Madhya Pradesh. It plans to tap into the Indian consumption and also explore opportunities in overseas markets.
<h2>Capacity expansion</h2>
The Lucknow-based company has already invested around Rs 1,200 crore in its facility at Buxar in Bihar, while construction has begun at its proposed Gorakhpur plant in Uttar Pradesh, at an investment outlay of around Rs 1,000 crore.
"We have also acquired land for setting up <a href="https://www.mid-day.com/business/business-news/article/varun-beverages-net-profit-increases-15-per-cent-to-rs-1525-crore-in-june-quarter-23642042" target="_blank" rel="none noopener">bottling facilities</a> in Central and Western UP. Construction will start in those plants very soon. Moreover, the second plant in Bihar will also come after 2027," he said.
SLMG Beverages, had committed an investment of Rs 5,000 crore in UP and Bihar, "will be crossing that (committed amount) in the next three years," Ladhani said.
The capacity expansion is aligned to keep pace with rising demand in Uttar Pradesh and Bihar. The company expects significant growth, particularly from smaller towns and rural markets. &nbsp; It currently has a bottling capacity of around 35,000 bottles per minute (BPM) and it plans to augment this by adding another 10,000 bottles per minute over the next five years.
"So, I think in the next five years, we will be adding another 10,000 BPM capacity&hellip; the way we are growing in the next 10 years, we should reach 1 lakh bottles per minute," said Ladhani.
<h2>Distribution and chilling equipment investments</h2>
The company is also investing in distribution and cooling infrastructure to enhance product availability and <a href="https://www.mid-day.com/mumbai/mumbai-news/article/just-top-20-per-cent-of-consumers-are-driving-demand-report-23248565" target="_blank" rel="none noopener">drive consumption</a> in underserved markets.
SLMG Beverages invested over Rs 60&ndash;70 crore in chilling equipment last year and expects total investment in such equipment to surpass Rs 100 crore, including funding through its retailer financing initiative.
<h2>Aims to be among top 10 bottlers in next five years&nbsp;</h2>
It aims to become one of the world's top five bottlers for the beverages giant over the next decade. It currently ranks among the world's top 15 Coca-Cola bottlers and aims to feature in the top 10 firms globally within five years.
(With inputs from PTI)

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The company, which has a gross turnover of around Rs 9,000 crore, is targeting a turnover of more than Rs 15,000 crore over the medium-term of three years. It expects to cross Rs 10,000 crore next year

SLMG Beverages eyes Rs 20,000 crore turnover in 5 years; IPO in 3-4 years

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