Andira Agro offers 500 million shares to the public through the corporate move, hence it is set to generate IDR 100 billion (approx. USD $6.9 million) in new funds. Underwriter is Victoria Sekuritas Indonesia.

Activities of Andira Agro involve the cultivating and harvesting of fresh fruit bunches (FFBs) from palm trees, as well as the extracting and refining of crude palm oil (CPO) and palm kernel. Total concession area that is owned by the company covers 12,172 hectares.

Currently, prior to the IPO, Andira Agro is owned by Central Energi Pratama (67.88 percent) and Anugerah Perkasa Semesta (32.12 percent).

So far in 2018 a total of 31 companies have been added to the Indonesia Stock Exchange:

Last Update: 21 Sep 2018
IPOs on the Indonesia Stock Exchange up to 7 August 2018
CompanyP: 21 Sep 2018P: 20 Sep 2018Gain/LossP/E ttmYield %Gain/Loss YTD
LCK Global KedatonLCKM3022962.03%N/A0.00%-3.21%
Borneo Olah Sarana SuksesBOSS2,6002,5501.96%N/A0.00%333.33%
Jaya TrishindoHELI9798-1.02%N/A0.00%-48.13%
Sky Energy IndonesiaJSKY9009000.00%N/A0.00%50.00%
Indah Prakasa Sentosa Tbk.INPS2,0502,0500.00%N/A0.00%395.17%
Gihon Telekomunikasi Indonesia Tbk.GHON1,0051,0000.50%N/A0.00%-42.74%
Tridomain Performance Materials Tbk.TDPM3863860.00%N/A0.00%12.87%
Dafam Property Indonesia Tbk.DFAM1,1401,1102.70%N/A0.00%484.62%
Charnic Capital Tbk.NICK1351340.75%N/A0.00%-60.29%
Bank Tabungan Pensiunan Nasional Syariah Tbk.BTPS1,6501,655-0.30%N/A0.00%13.01%
Bank BRIsyariah Tbk.BRIS590600-1.67%N/A0.00%8.26%
Surya Pertiwi Tbk.SPTO1,0101,0001.00%N/A0.00%-15.13%
Royal Prima Tbk.PRIM1,1851,230-3.66%N/A0.00%58.00%
Medikaloka Hermina Tbk.HEAL3,3403,3300.30%N/A0.00%5.36%
Sarimelati Kencana Tbk.PZZA1,0851,100-1.36%N/A0.00%-1.81%
Guna Timur Raya Tbk.TRUK137139-1.44%N/A0.00%-60.17%
Asuransi Tugu Pratama Indonesia Tbk.TUGU2,9402,950-0.34%N/A0.00%-18.33%
Steadfast Marine Tbk.KPAL5705307.55%N/A0.00%192.31%
Sriwahana Adityakarta Tbk.SWAT124126-1.59%N/A0.00%-54.41%
MNC Studios International Tbk.MSIN358372-3.76%N/A0.00%-31.81%
Trimuda Nuansa Citra Tbk.TNCA1281280.00%N/A0.00%-49.61%
Map Aktif Adiperkasa Tbk.MAPA3,8004,180-9.09%N/A0.00%20.63%
Transcoal Pacific Tbk.TCPI3,2503,280-0.91%N/A0.00%1,288.89%
Batavia Prosperindo Trans Tbk.BPTR102107-4.67%N/A0.00%-40.00%
Jaya Sukses Makmur Sentosa Tbk.RISE6756700.75%N/A0.00%144.57%
Indonesia Kendaraan Terminal Tbk.IPCC1,5801,585-0.32%N/A0.00%-7.87%
Pollux Properti Indonesia Tbk.POLL1,6101,620-0.62%N/A0.00%75.00%
Sinergi Megah Internusa Tbk.NUSA171174-1.72%N/A0.00%-32.68%
Mahkota Group Tbk.MGRO3883880.00%N/A0.00%14.79%
NFC Indonesia Tbk.NFCX2,7102,750-1.45%N/A0.00%-2.17%
MD Pictures Tbk.FILM1,2851,13513.22%N/A0.00%309.24%
Combined Total37,30337,573-0.72%31.83%

Green colour indicates upward movement Red colour indicates downward movement P = price; E = earnings; D = dividend; Yield = D/P "N/A" indicates P/E < 0 (negative earnings) "-" indicates E,D,P or YTD is not available

Discuss