Jakarta โ- PT Abadi Lestari Indonesia (RLCO), a swallow’s โnest exporting company, announced plans to launch โฃan initial publicโค offering (IPO)โ on the Indonesiaโค Stock Exchange (BEI) slated to begin December 8, 2025. The company intends to offer 625 million shares, representing 20% of its issued and fully paidโค capital following the IPO, at a price โขrange of IDR 150 to IDR 168 โคper share.
The offering โaims to raise up to IDR 105 billion (approximately USD $6.6 million based on current exchange rates) to bolster the company’s working capital and fund strategic โinvestments. According to the IPOโ prospectus, 56.33% of the proceeds will be allocated to purchasing raw materials -โ swallow’sโข nests – for working capital, while the remaining 43.67% willโค be invested in PT Realfood Winta Asia for rawโ material procurement.
RLCO’s move โคcomes as Indonesia’s swallow’s nest industry experiences critically important growth.โ In 2024, the country’s swallow’s nest exports totaled โUS$551,556, and domestic sales of health-focused โswallow’s nest products through online marketplacesโฃ reached โคIDR 10.7 trillion, with food supplements โaccounting for approximately 55% โof โthatโฃ figure.
The company is โขstrategically targeting Indonesia’s rapidly expanding upper middle class,recognizing their purchasing power as crucial forโ long-term growth. RLCO anticipates continued strong demand for swallow’s nests, particularly from key โฃAsian โmarkets including China, โHong Kong, โand Singapore. “Theโ prospects for swallow’sโ nests are very promising as โdemand increases,” the company stated.
