Aim of the IPO is to receive new funds to expand its business activities. More than 93 percent of the proceeds will be used to purchase new shuttle minibuses, tour buses, heavy equipment as well as land. The remainder is reserved for working capital. Lead undewriters for the IPO are Mandiri Sekuritas and Kim Eng Securities.

Cipaganti Citra Graha, which businesses cover transportation, heavy equipment and property, posted net profit of IDR 76.29 billion (USD $7.8 million) in 2012, a 78 percent increase from the previous year. Its revenue in 2012 was IDR 639.37 billion.