Fore Coffee’s IPO oversubscribed by 200.63 times, and hits upper Auto Reject (ARA) on debut day
PT Fore Kopi Indonesia Tbk (Fore Coffee), Indonesia’s leading premium affordable coffee chain, today officially listed its shares on the Indonesia Stock Exchange (IDX). The listing marks a major milestone in Fore Coffee’s growth journey, signifying its transformation into a publicly listed company and reinforcing its commitment to transparency and strong corporate governance.
East Ventures incubated company, Fore Coffee, attracts 114,873 new investors and oversubscribed 200.63 times
PT Fore Kopi Indonesia Tbk (Fore Coffee), Indonesia’s leading premium affordable coffee chain, just concluded its public offering, which took place from April 8 to 10, 2025. The public offering attracted significant interest from 114,873 retail investors and was oversubscribed by 200.63 times from the IDX e-ipo system, based on data on April 10, 2025.
Fore Coffee announces initial public offering on the Indonesia stock exchange
PT Fore Kopi Indonesia Tbk (Fore Coffee), a leading premium affordable Indonesian coffee chain, today announced its plan to conduct an IPO (Initial Public Offering) on the IDX (Indonesia Stock Exchange). This strategic move will support the company's ambitious expansion plans and solidify its position in the rapidly growing premium coffee market.
The role of R&D in Fore Coffee’s product excellence
Fore Coffee, an F&B (Food and Beverage) company specializing in affordable premium coffee, continues to demonstrate its commitment to innovation in developing a sustainable business. The goal is to strengthen the company and enhance its competitiveness, particularly in leading dynamic market trends.
Fore Coffee: Reshaping Indonesia’s new coffee culture
The food and beverage (F&B) coffee industry in Indonesia has experienced significant growth in the last decade. This is apparent as more coffee shops and brands are emerging amidst intense competition, supported by the skyrocketing coffee consumption by Indonesians of various ages—which is projected to increase this year, reaching nearly five million bags from 3.5 million in 2018.
Against the odds: East Ventures’ portfolio rises above the e-Conomy SEA 2024 report’s baseline
Southeast Asia's digital economy is poised for significant growth. The latest report from e-Conomy SEA 2024 by Google, Temasek, and Bain shows how the digital economy demonstrates solid performance with double-digit growth across GMV, revenue, and profit, proving growth can happen alongside profitability.
Indonesia’s F&B startups are more robust with the resilience of Indonesia’s economy
Food and Beverage (F&B) has appeared as a resilient sector for Indonesia despite the slowdown during the pandemic. While most industries experienced a contraction, the F&B sector still grew by 0.2 percent in revenue growth year-on-year (YoY) in the second quarter of 2020, as Statistics Indonesia (BPS) data shows.
Coffee tech startups serve coffee goodness for all, from farmers to consumers
Who doesn't love coffee? At East Ventures, we are deeply in love with coffee. Our portfolio has three coffee-focused tech startups: Otten Coffee, Fore Coffee, and Morning.