IIPO WBSA, Logistics Sector in the Spotlight

JAKARTA, KOMPAS.com – PT BSA Logistics Indonesia Tbk (WBSA) is preparing to list on the Indonesia Stock Exchange and offer its initial shares to the public.

The logistics company is poised to attract investor interest amid the continuously growing prospects of the logistics sector.

WBSA will offer a maximum of 1.8 billion shares, equivalent to 20.75 percent of the placed and fully paid-up capital. The offering price is in the range of Rp150 to Rp170 per share, targeting funds of up to Rp306 billion.

WBSA’s services encompass end-to-end logistics chains. The company manages land transportation, freight forwarding, warehousing, and Inland Logistics Terminals.

Financial performance indicates a solid condition. Total assets are recorded at Rp1.15 trillion and net profit at Rp24.39 billion as of September 2025.

Number of shares: maximum 1.8 billion shares

Offering price: Rp150 to Rp170 per share

Target funds: up to Rp306 billion

Public ownership: 20.75 percent

Public offering period: 1 to 8 April 2026

Listing date: 10 April 2026

Referring to the Financial Services Authority regulations, retail investors have the opportunity to receive a minimum allocation of 10 lots per Single Investor Identification for certain emission categories, including WBSA.

The maximum booking limit is set at 10 percent of the total IPO value or Rp30.6 billion per SID. Investors must also ensure funds are available in the booking system.

The IPO proceeds will be used for inorganic expansion. One of the main plans is the acquisition of PT Bermuda Inovasi Logistik to strengthen the sea freight line.