Blibli's driver PT Global Digital Niaga plans to offer as a lot of as 17.77 billion reveals,

15% of complete funding, at a cost variety of 410 rupiah to 460 rupiah a part in a portion purchase offering collection for Nov. 1-3, it stated in a prospectus.

JAKARTA: Indonesian e-commerce group Blibli, supported by of one of the nation's largest

empires Djarum Group, intends to launch a going public upcoming month to increase as long as 8.17 trillion rupiah ($528.29 thousand), the company claimed.

Blibli's driver PT Global Digital Niaga prepares to offer as lots of as 17.77 billion shares, 15% of total capital, at a rate series of 410 rupiah to 460 rupiah a part in an allotment purchase providing set for Nov. 1-3, it pointed out in a syllabus.

The list program observes the $1.1 billion IPO of GoTo Team, Indonesia's greatest technology agency, earlier this year and also the 2021 $1.5 billion IPO of competitor BukaLapak.

Blibli will certainly utilize 5.5 mountain rupiah of the profits to repay small business loan, along with the rest to be used as functioning capital to establish its system.