PT Bach Multi Global Tbk (BACH) has entered a crucial phase in its corporate journey by officially starting its Initial Public Offering (IPO) process. The energy solutions and telecommunications infrastructure provider aims to raise up to IDR 307.5 billion in fresh capital to spur business growth amid the rapidly growing national demand for digital connectivity.
In this corporate action, BACH is offering 615 million new shares to the public, representing 15.06 percent of the total paid-up capital. The offering price has been set in the range of IDR 400 to IDR 500 per share. Management stated that this strategic move aims to strengthen the capital structure while capturing significant opportunities in the power generation and telecommunications infrastructure maintenance industries.
BACH's financial performance throughout 2025 showed an impressive trend with revenue jumping 40 percent to IDR 1.73 trillion. This achievement was reinforced by a 97.5 percent surge in net profit to IDR 155 billion. This significant growth was driven by the performance of the generator set rental segment, which surged by more than 1,200 percent, as well as stable recurring revenue from telecommunications infrastructure maintenance services.
The strategy for using the IPO proceeds has been determined proportionally: 70 percent will be allocated as working capital to procure generator units to meet high market demand. Meanwhile, the remaining 30 percent will be used for partial repayment of bank debt. This efficiency measure is expected to reduce financial burdens and provide greater flexibility for the company to expand in the future.
With a two-decade track record, BACH manages more than 40,000 infrastructure sites and serves over 200 large-scale corporate clients, including the banking sector and national telecommunications operators. Moving forward, the company is optimistic about achieving a revenue target above IDR 3 trillion by 2030, supported by plans to increase power plant rental capacity up to 50 megawatts per year and diversify into the new energy sector.
