The Superbank IPO Plan Is Still Not Clear, OJK Says It Has Not Received Information

JAKARTA - Chief Executive of the Capital Market Supervisory, Derivative Finance, and Carbon Exchange of the Financial Services Authority (OJK) Inarno Djajadi, stated that his party has yet to obtain information regarding the PT Super Bank Indonesia (Superbank) initial public offering plan (IPO).

"I haven't got the update. I haven't got it yet," said Inarno after the Media Gathering Working Journalist's Capital Market Activity, quoted on Sunday, November 16.

Previously, a screenshot circulated in early November 2025 which stated that Superbank plans to release around 5.20 billion shares with a price range of Rp500 to Rp1,030 per share. If the plan is implemented, the company has the potential to raise funds of up to Rp5.36 trillion.

In the same information, it was also stated that the estimated IPO Superbank schedule, namely the bookbuilding period on November 17, 2025 and the listing of shares on the Indonesia Stock Exchange (IDX) which is planned to take place on December 11, 2025.

Previously, IDX Assessment Director, I Gede Nyoman Yetna, also emphasized that the stock exchange had not been able to provide a response before the Financial Services Authority (OJK) officially issued a permit to publish the prospectus.

"Regarding the prospectus, referring to Bapepam and LK Regulation No. IX.2 number 2 paragraph a, there is a prohibition for parties to convey the Prospectus Sumkas, before receiving the OJK statement that issuers are obliged to announce the Ringkas Prospectus in accordance with the Form Number: IX.2-9 attachment 9," he said.