TEMPO.CO, Jakarta - Celebrity entrepreneur Raffi Ahmad's media and entertainment company, PT Rans Entertainment Indonesia Tbk., is gearing up for an initial public offering (IPO) on the Indonesia Stock Exchange (IDX). The issuer, using the trading code Rans Entertainment, is floating 25.25 million lots of shares, or 2.5 billion individual shares, which is equivalent to 20.02 percent of its total listed shares.
According to data published on the e-IPO portal, the indicative stock price ranges from Rp135 to Rp170 per share. Through this public offering, Rans Entertainment aims to secure fresh capital of up to Rp429.25 billion.
Serving as the sole underwriter for the securities issuance in this IPO is PT Trimegah Sekuritas Indonesia. The initial offering and book-building phase runs from June 23 to 25, 2026. Meanwhile, the official stock listing on the local bourse is scheduled for July 10, 2026.
Rans Entertainment's core business portfolio spans digital media ecosystems, entertainment content, intellectual property rights, and event management. The company was originally incorporated under the name PT RNR Film Internasional before rebranding to PT Rans Entertainment Indonesia on July 7, 2021.
The firm commenced its commercial operations back in 2018 from its initial base in Kemang, South Jakarta. However, effective February 21, 2025, Rans Entertainment has relocated its corporate headquarters to Bumi Serpong Damai (BSD) in South Tangerang.
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