Abadi Lestari Indonesia Set to Raise Rp 105 Billion through IPO

IPO Details and Financial Projections

PT Abadi Lestari Indonesia, identified by stock code RLCO, is preparing for its Initial Public Offering (IPO) on the Indonesian Stock Exchange (IDX). The IPO is scheduled to commence trading on December 8, 2025. According to the prospectus, the company will offer 625 million shares, representing 20% of its total issued and paid-up capital post-IPO. The share price has been set within the range of Rp 150 to Rp 168 per share, which values the company at approximately Rp 525 billion (approximately USD 35 million) pre-IPO. The maximum funds to be raised through this public offering amount to Rp 105 billion.

Business Overview and Market Position

Abadi Lestari Indonesia operates as an exporter of edible bird's nests, a highly valued commodity particularly in Asian markets. The company's business model involves collecting, processing, and exporting these nests to various countries where they are used primarily for culinary and medicinal purposes. The decision to go public comes as the company looks to expand its operations and potentially increase its market share in the competitive bird's nest export industry.

Implications and Future Plans

The successful execution of this IPO will not only provide Abadi Lestari with significant fresh capital but also enhance its corporate transparency and governance standards. The additional funds are expected to be utilized for business expansion, potentially including increased production capacity and market development activities. The listing on the IDX will also provide liquidity for the company's shares and potentially pave the way for future capital market activities.