Google Advertisement
Jakarta, June 15, 2026 – PT Niramas Utama Tbk, the Indonesian food manufacturer behind the household brand Inaco, is preparing to enter the capital market with an initial public offering (IPO) that could raise up to Rp392 billion.
The move underscores the company’s ambition to expand its footprint both domestically and internationally, while tapping into investor appetite for consumer non-cyclical stocks.
IPO Structure and Timeline
The offering will consist of 350 million new shares, representing 25.93% of the company’s issued capital.
Google Advertisement
Shares are priced between Rp900 and Rp1,120, with bookbuilding scheduled from June 15–22, 2026.
Following regulatory approval from the Financial Services Authority (OJK) on June 29, the public offering will run from July 1–3, with allotment on July 3 and electronic distribution on July 6.
The official listing on the Indonesia Stock Exchange (IDX) is set for July 7, 2026.
The IPO is fully underwritten by PT Sucor Sekuritas, signaling confidence in the company’s prospects and ensuring the offering will be absorbed by the market.
Company Profile
Founded in 1990, Niramas Utama has built a reputation as a pioneer in nata de coco, jelly drinks, puddings, aloe vera-based products, konnyaku, and ready-to-drink beverages.
With more than 35 years of experience, the company has established 251 domestic distribution points across Indonesia and successfully penetrated export markets including Japan, India, China, Thailand, Australia, Canada, and the United States.
Looking ahead, the company plans to expand into Africa and Europe in 2026, capitalizing on rising global demand for natural and healthy food products.
Allocation of Proceeds
The company intends to channel 51.04% of IPO proceeds into its subsidiary, PT Niramas Pandaan Sejahtera (NPS).
The funds will be used to purchase new machinery, expand production facilities, and increase capacity for gummy candy and jelly products.
The remainder will support research and development, product diversification, and distribution network strengthening.
This strategic allocation reflects Niramas Utama’s focus on innovation and scaling production to meet both domestic and international demand.
The IPO comes at a time when consumer non-cyclical stocks are attracting strong investor interest, particularly in the food and beverage sector.
Inaco’s positioning in healthy, natural-based products aligns with global consumption trends, offering resilience against economic cycles.
With established exports to major economies and new expansion targets, the company’s growth trajectory could appeal to investors seeking exposure to Indonesia’s consumer sector.
Inaco’s IPO represents more than just a capital-raising exercise it is a strategic step toward transforming the company into a global player.
By leveraging its established brand, expanding production capacity, and entering new markets, Niramas Utama is positioning itself to capture long-term growth opportunities in the evolving food and beverage industry.
