PT Adaro Andalan Indonesia (Ticker: AADI IJ) is a mining company specializing in coal production as a fuel for domestic use, serving customers worldwide. The company plans to raise IDR 4.32 trillion (USD 273.75 million) through its initial public offering by offering 778.69 million common shares at IDR 5,550 per share.

PT Adaro Andalan Indonesia is scheduled to list on December 5, 2024, on the Indonesia Stock Exchange. The offering is managed by Trimegah Securities, with an expected market capitalization at offer of IDR 43.22 trillion (USD 2.74 billion).