Hypefast Targets IPO in 2027, Aims for Expansion into Global Markets

JAKARTA - The technology-based house of brands company, Hypefast, is targeting an Initial Public Offering (IPO) on the Indonesia Stock Exchange (BEI) in 2027.

Hypefast’s Founder and CEO, Achmad Alkatiri, stated that the company is preparing several strategic steps to realise the public listing next year.

One of these is strengthening the business fundamentals.

Although the IPO is in planning, Achmad revealed that the funds raised from the capital market will be used to expand Hypefast’s ecosystem, including developing offline distribution channels, manufacturing capabilities, and expanding local brands to international markets, starting from Southeast Asia (ASEAN).

Hypefast was established in 2020 as a pioneer and technology-based house of brands in Indonesia.

The company assists in developing local brand founders’ startups in Indonesia through investment support, access to industry experts in retail strategy, marketing, product development, operations, and supply chain management.

Thanks to this support, their portfolio has experienced an average sales increase of 270% in the first 12 months.

Up to Q1 2026, Hypefast recorded more than 300% year-on-year (YoY) growth in net income, as well as net cash flow approaching 250%.

As a house of brands for local brands in Indonesia, Hypefast manages nine brands across various categories such as beauty, fashion, and mother-and-child needs, including Luxcrime, Cessa, and Bohopanna.

Several major brands recorded growth in the first three months of this year.

This positive performance is seen as demonstrating the consistency of Hypefast’s strategy in developing brands with a data-driven approach and close collaboration with the founders.

In the fashion category, Bohopanna recorded the highest quarterly revenue in the brand’s history. Meanwhile, Nyonya Piyama also showed solid performance with revenue up 93% compared to the same period last year.

Achmad described these achievements as a reflection of the fundamental strengths supporting Hypefast’s growth.

Amid dynamic global conditions, Hypefast still sees positive growth opportunities, while prioritising prudent business practices.

“We are stepping into the rest of this year with strong optimism, but remaining cautious amid the changing global geopolitical dynamics. Whatever the market conditions ahead, our business fundamentals remain strong, and we are committed to maintaining them,” he added.