Investors Please Be Prepared! GOTO Shares Start Trading Today, Prices Start At IDR 338

Photo: Doc. GoTo

JAKARTA - PT GoTo Gojek Tokopedia Tbk's plan to become a public company is just one step away. The company's shares with the code GOTO are scheduled to be listed on the Indonesia Stock Exchange (IDX), today (Monday 11 April).

Quoting the information from the IDX, Sunday, April 8, GOTO, which has a nominal value of Rp. 1 and an initial price of Rp. 338, will be listed on the main board of the IDX.

The total shares to be listed will reach 1.18 trillion. Consisting of 1.08 trillion series A founder shares, 10.26 billion series A treasury shares, 50.57 billion series B founder shares and 40.61 billion public offerings.

That way, through this IPO action, GOTO will earn IDR 13.73 trillion in funds. The market capitalization value is equivalent to IDR 400.31 trillion.

IDX added that GOTO has 781.66 billion free float shares, equivalent to 66 percent. It consists of 741.04 billion or 62.57 percent of shares locked up for 8 months and 3.43 percent of shares that are not locked up.

As additional information, GOTO will become the 15th listed company listed on the IDX in 2022.

GOTO is engaged in the Technology sector with Software & IT Services sub-sector. The GOTO industry and sub-industry are Online Applications and Services.