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Ancara Logistics Indonesia Tbk PT

Ancara Logistics Indonesia Tbk PT (Ticker: ALII IJ) is a coal logistics company based in Indonesia, focusing on providing comprehensive and customized logistics solutions for the coal mining industry. These solutions encompass transportation, transshipment, and other mining-related services. Established in 2019, Ancara Logistics Indonesia aims to support the logistics and sea shipping needs of coal mines, specifically those affiliated with PT Ade Putra Tanrajeng and PT Guruh Putra Bersama.

The company has announced its IPO set to be listed on the Jakarta exchange on February 7, 2024. Ancara Logistics Indonesia is offering 3.17 billion shares at a price of IDR 272.00 per share, intending to raise IDR 879.91 billion (approximately USD 56.26 million). The offering is comprised entirely of primary shares, with no secondary shares or greenshoe facility involved.

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