RLCO IPO Remains Open for Subscription Today

Overview of the Offering

The initial public offering (IPO) of PT Abadi Lestari Indonesia Tbk (RLCO) remains open for subscription today, December 3, 2025. The company, which specializes in processing swiftlet nests, is offering 625 million shares at a fixed price of Rp 168 per share. This pricing is at the upper limit of the initial price range of Rp 150-168 per share established during the bookbuilding phase.

Financial Details and Timeline

The IPO period is set to close today, with the share allocation date scheduled for December 4, 2025, and distribution on December 5, 2025. If fully subscribed, the IPO could raise Rp 105 billion for RLCO, representing 20% of the company's paid-up capital. Analysts have indicated that the stock has potential upside of up to 43% from the IPO price, making it an attractive opportunity for investors.

Market Context and Investor Considerations

The swiftlet nest processing industry, RLCO's primary business, has shown significant growth potential in Indonesia. Investors are advised to consider both the company's growth prospects and market conditions before making investment decisions. The successful execution of this IPO could provide RLCO with the necessary capital to expand its operations and enhance its market position.