Indonesian rice producer Buyung Poetra Sembada will offer 710 million new shares, or 30.08 percent of the company's expanded capital, to the market through an initial public offering (IPO) on the Indonesia Stock Exchange. The new shares will be offered at between IDR 420-500 per share, hence aiming to raise up to IDR 355 billion (approx. USD $26 million), in December 2015. Buyung Poetra Sembada is a rice producer known for its Topi Koki brand. Underwriter for the offering is Bahana Securities.

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Construction firm Indonesia Pondasi Raya plans to conduct an initial public offering (IPO) on the Indonesia Stock Exchange in December 2015. The company, better known as Indopora, aims to raise around IDR 530 billion (approx. USD $39 million) by offering 303 million shares, or 15.1 percent of its paid-up capital, at a price ranging between IDR 1,280 and IDR 1,920 per share. This range is based on a price-to-earnings ratio of 8 to 12 times. Kurnia Salim, Head of Institutional Business at Yuanta Securities Indonesia, said Indopora is projected to collect IDR 333 billion (approx. USD $25 million) in net profit in 2016.

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Today Mitra Komunikasi Nusantara made a successful trading debut on the Indonesia Stock Exchange. The company, a prepaid mobile credit wholesaler, became the 14th Indonesian company to conduct an initial public offering (IPO) on the IDX this year. Offered at an initial price of IDR 200 (approx USD $0.01) per share, the price rose 70 percent at its trading debut, finishing at IDR 340 per share. Mitra Komunikasi Nusantara is engaged in the trading and sales of smartphones, gadgets, and voucher reloading.

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The economic slowdown and looming capital outflows related to higher US interest rates have been the main reasons why it is highly unlikely for the Indonesia Stock Exchange (IDX) to achieve its revised target of seeing 22 companies conducting an initial public offering (IPO) on the IDX in 2015. So far this year, only 13 companies have listed on the IDX. However, reportedly, there are still about a dozen local companies interested to prepare an IPO in the next two months.

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Most Asian stock markets are strengthening on Friday after indices on Wall Street rose yesterday on strong US economic growth. The US economy grew 3.7 percent (y/y) in the second quarter of 2015 (much higher than the 2.3 percent estimated previously). As a result, the Dow Jones Industrial Average surged 2.27 percent while global oil prices rebounded over 10 percent on Thursday (27/08).

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On Wednesday (12/08), Bank Harda Internasional became the 12th company to list on the Indonesia Stock Exchange (IDX) in 2015. The bank released 800 million shares to the public at a price of IDR 125 (USD $0.01) per share hence raising IDR 100 billion (USD $7.2 million) through the initial public offering (IPO). Despite harsh conditions - the benchmark Jakarta Composite Index fell 2.66 percent during the first trading session on Wednesday - shares of Bank Harda Internasional (with IDX code BBHI) rose 3.2 percent to IDR 129.

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Pada hari Selasa (14/07), perusahaan konstruksi dan pengembang properti Binakarya Jaya Abadi menjadi perusahaan ke-11 yang didaftarkan di Bursa Efek Indonesia (BEI) di 2015. Perusahaan ini menawarkan 150 juta saham, 25% dari modal ditempatkan dan disetor penuh dalam penawaran saham perdana (initial public offering/IPO) dengan harga penawaran Rp 1.000 per saham, mengumpulkan Rp 150 miliar. Kendati sentimen pasar lemah, saham perusahaan ini naik 50% dalam debut perdagangannya di BEI. RHB OSK Securities adalah underwriter untuk IPO ini.

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Penyedia solusi teknologi informasi Anabatic Technologies, menjadi perusahaan ke-10 yang mendaftarkan diri di Bursa Efek Indonesia (BEI) di 2015. Dengan menjual 375 juta saham, atau 20% dari modal ditempatkan dan disetor penuh dalam IPO, Anabatic Technologies mengumpulkan Rp 262,5 miliar. Dalam penawaran saham perdana (initial public offering/IPO) 10% dari saham Anabatic dibeli oleh penyedia solusi teknologi informasi asal Jepang TIS. Melalui kemitraan ini, Anabatic memprediksi akan memperluas bisnisnya di luar Indonesia.

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Shares of Indonesian mining company Merdeka Copper Gold rose about 15 percent on its trading debut on Friday (19/06). The company, a subsidiary of Saratoga Capital, was the sixth company to conduct an initial public offering (IPO) on the Indonesia Stock Exchange (IDX) in 2015. Head of Finance and Corporate Secretary Ellie Turjandi said that Merdeka’s shares had been oversubscribed nearly 40 times during the public offering (11-15 June 2015), reflecting investors’ confidence even though the company has not yet begun production.

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Maskapai penerbangan berbiaya rendah Indonesia AirAsia, unit lokal dari AirAsia yang bermarkas di Malaysia dan salah satu maskapai penerbangan berbiaya rendah unggulan di dunia, akan berusaha mengumpulkan 250 juta dollar AS selama dua tahun ke depan melalui sebuah penawaran saham perdana (initial public offering/IPO) di Bursa Efek Indonesia (BEI) serta penerbitan obligasi konversi. Obligasi ini senilai 110 juta dollar AS (yang akan memiliki tingkat kupon rendah dengan waktu jatuh tempo 2 tahun), sementara IPOnya (yang dijadwalkan untuk 2017) diprediksi untuk menghasilkan sekitar 150 juta dollar AS.

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Hospital operator and medical management services company Medikaloka Hermina made its trading debut on the Indonesia Stock Exchange on Wednesday (16/05) after having successfully completed its initial public offering (IPO). So far in 2018 a total of 14 companies have become publicly listed companies in Indonesia. Especially the month May has been rich in terms of IPOs. Meanwhile, up to 24 other companies are expected to be listed on the local bourse before the end of the first semester.

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Hospital operator Royal Prima made its trading debut on the Indonesia Stock Exchange on Tuesday (15/05) after having successfully completed its initial public offering (IPO). Royal Prima is the 13th company so far this year to became a publicly listed company in Southeast Asia's largest economy. There are now 578 companies listed on the Indonesia Stock Exchange. Danatama Makmur Sekuritas acted as lead underwriter.

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Surya Pertiwi, an Indonesia-based sanitary ware company and the exclusive distributor of TOTO sanitary products, made its trading debut on the Indonesia Stock Exchange on Monday (14/05). It is the 12th company that has completed its initial public offering (IPO) on the Indonesia Stock Exchange so far in 2018. There are now 577 publicly listed companies in Indonesia.

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Bank BRISyariah (BRISyariah), the Islamic finance unit of leading conventional financial institution Bank Rakyat Indonesia (BRI), received the green light from the Financial Services Authority (OJK) on April 30, 2018, to go-ahead with the company's planned initial public offering (IPO) on the Indonesia Stock Exchange. BRISyariah provided the following statement to Indonesia Investments:

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Indonesia-based trade, transportation and logistics services provider Indah Prakasa Sentosa became the fifth company to complete its initial public offering (IPO) on the Indonesia Stock Exchange in 2018. On Friday (06/04) the company made its trading debut on the local bourse, surging 50 percent to close at IDR 414 per share along the way. After the listing of Indah Prakasa Sentosa there are now 570 publicly-listed companies in Indonesia.

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LCK Global Kedaton, a telecommunication construction services company that was established in 2013, became the first company to make its trading debut on the Indonesia Stock Exchange in 2018. Mirae Asset Sekuritas acted as underwriter for the initial public offering (IPO). On Tuesday (16/01) the company was added on the local bourse.

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Shares of Campina Ice Cream Industry skyrocketed on its debut on the Indonesia Stock Exchange on Tuesday (19/12). In fact, it triggered the auto rejection system as shares surged rapidly by 49.70 percent to IDR 494 per share. Campina Ice Cream Industry is the 35th company to have conducted an initial public offering (IPO) on the Indonesia Stock Exchange in 2017.

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On Wednesday (11/10) Malacca Trust Wuwungan lnsurance became the 26th company that listed on the Indonesia Stock Exchange in 2017. The company, subsidiary of Singapore-based Malacca Trust Limited and linked to the family of former president Bacharuddin Jusuf Habibie, is one of the oldest insurance companies in Indonesia (established in 1952).

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E-commerce company Kioson Komersial Indonesia became the nation's first e-commerce startup to go public on the Indonesia Stock Exchange on Thursday (05/10). There was plenty of interest for the company during its trading debut as its shares rose 50 percent to IDR 450 a piece. The offering was more than 10 times oversubscribed. Local brokerage Sinarmas Sekuritas was the sole underwriter for the IPO.

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Garuda Maintenance Facility AeroAsia (GMF), the pioneer of MRO (Maintenance, Repair, and Overhaul) or integrated aircraft maintenance in Indonesia, is days away from becoming a publicly listed company, with GMF’s initial public offering (IPO) receiving effective statement today from Indonesia's Financial Services Authority (in Indonesian: Otoritas Jasa Keuangan, or OJK).

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