Get to Know Andalan Artha Primanusa (ANDA), a Mining Company That Will Soon Go Public
2026-11-05
PT Andalan Artha Primanusa Tbk is one of the energy sector companies preparing for an initial public offering of shares.
Using the issuer code ANDA, the company offers 1,676,000,000 shares, equivalent 25.1% of total shares listed, based on available e-IPO information.
To understand ANDA company, its business activities need to be viewed precisely.
The company operates as a mining support service provider, with operations covering coal and nickel mining.
This business profile is the basis for identifying potential issuers before examining their share offerings.
Key Takeaways
Its main activities are support activities for mining and other quarrying operations, classified under KBLI code 09900.
Its operations cover seven sites in four provinces.Six related locationscoal mining and one location related to nickel mining.
ANDA IPO offers 1.676 billion shares.Henan Putihrai Securities acts as an admin participant and underwriter of securities issuance.
Artha Primanusa's Mainstay Profile: Established in 2014

Source: andalan-nusantara.com
PT Andalan Artha PrimanusaTbk was founded in2014.
Based on the company summaryIn the e-IPO, the company provides operational services and solutions for the mining industry.
The company's stated focus includes occupational safety, operational discipline, productivity, and business sustainability.
The company's official website also positions it as a mining operational partner that prioritizes integrity and measurable work implementation.
The company office is located atPlaju Street No. 11, Kebon Melati, Tanah Abang, Central Jakarta, DKI Jakarta 10230.
Meanwhile, operational activities are taking place in a number of mining areas outside Jakarta.
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What Field Do You Work In?
The answer to the question “what company are ANDA” is a mining contractor services company.
The Company supports the implementation of mining operational activities through services provided to industry players.
This position needs to be distinguished from companies that solely sell their own mining commodities.
In reading ANDA company profile, the existence of an operating location does not automatically indicate ownership of a concession or mineral reserves.
Artha Primanusa's mainstay business initially focused on coal commodities.
In its development, the company expanded its operational scope to nickel mining.
This diversification shows that the company's services cover two commodity groups.
However, the available company summaries do not yet explain the revenue contribution of each commodity, so the portions cannot yet be compared financially.
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Seven Operation Locations in Four Provinces
Operational reach is an important part of Andalan Artha Primanusa's profile.Based on e-IPO information, the company carries out activities on seven mining locations in four provinces.
South Sumatra has the largest number of coal mining sites, with three. Here's a comparison of their distribution:
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In terms of the number of locations, coal still dominates the scope of operations.
However, the number of sites cannot be directly used to calculate revenue contribution because the scale of work at each location can be different.
To understand the magnitude of each operation, relevant information is the contract value, duration of work, volume of activity, and revenue contribution.
This data needs to be traced in the company's prospectus and financial reports.
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Details of Artha Primanusa's IPO Highlights
Andalan Artha Primanusa's IPO plan includes an offering1,676,000,000 shares.
The portion is equivalent25.1% of total shares listedas stated ine-IPO information.
PT Henan Putihrai Securities registered as an admin participant and underwriter of securities issuance.
The underwriter's identity helps readers identify the parties involved in the public offering process of ANDA shares.
The final price, offering schedule, listing date, and use of funds are not yet listed in the e-IPO materials used as a reference in this article.
Therefore, the value of the fundraising cannot be ascertained from the number of shares alone.
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Understand ANDA Company Before Reading Its Offer
The company profile identifies ANDA as a mining operational services provider, covering coal and nickel. Meanwhile, the IPO plan discloses information regarding the public offering of some of the company's shares.
To complete the introduction, a prospectus is required to read the main customers, contracts, financial performance, debt, and use of funds.
This information helps relate operational coverage to reported business conditions.
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FAQ
What company are ANDA?
ANDA is the issuer code of PT Andalan Artha Primanusa Tbk, a company providing mining support services.
What field does Andalan Artha Primanusa operate in?
The Company is engaged in supporting mining and other excavation activities, with operations in coal and nickel commodities.
When was Andalan Artha Primanusa founded?
The company was founded in 2014 based on the company summary in e-IPO information.
How many ANDA shares are being offered through the IPO?
The total is 1,676,000,000 shares, equivalent to 25.1% of the total listed shares.
Where is Andalan Artha Primanusa's operational location?
Seven sites are spread across Central Kalimantan, South Sumatra, North Maluku, and East Kalimantan.
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