JAKARTA - PT Super Bank Indonesia Tbk (SUPA) officially carried out the initial public offering of shares alias Initial Public Offering (IPO) on the Indonesia Stock Exchange (IDX) on Wednesday, December 17.
As for the opening of the stock at 09:00 WIB, SUPA shares rose 155 or 24.41 percent to the price position of Rp790.
In the initial public offering of shares, SUPA set the IPO public offering price at IDR 635 per share and released 4.4 billion new shares, equivalent to 13 percent of the issued and fully paid-up capital after the IPO.
Through this corporate action, Superbank managed to collect funds of IDR 2.79 trillion, which will be used to support business expansion and strengthening the company's digital banking capabilities.
The period for the public offering of SUPA shares IPO will take place on December 10-15, 2025.
Based on the prospectus, around 70 percent of the proceeds from the IPO will be used to strengthen working capital, especially in the distribution of loans.
Meanwhile, the rest is allocated for capital expenditure from 2026 to the next five years, including the development of funding and financing products, digital payment systems, information technology infrastructure, operational strengthening, investment in artificial intelligence and data analysis, and improvement of cyber security systems.
Superbank President Director Tigor M. Siahaan said that the listing of Superbank shares on the IDX opens a new chapter in the company's journey.
"With the support of shareholders and a strong digital ecosystem, we are increasingly ready to expand access to credit, accelerate product innovation, and provide safe and relevant financial services for millions of Indonesians. The capital obtained from this IPO will strengthen the foundation of our long-term growth," he said in the initial listing of SUPA shares, Wednesday, December 17.
In addition, SUPA recorded an oversubscribed demand of up to 318.69 times, with the number of investor requests reaching more than 1 million orders.
CEO of Sucor Sekuritas, Bernadus Wijaya, said the surge in demand was a clear evidence of the market's high enthusiasm for SUPA's prospects as a digital bank.
According to this achievement, it also confirms SUPA as one of the largest IPOs in the digital banking sector in Indonesia, as well as strengthening investor confidence in the direction of digital transformation of the national financial industry.
He added that investor enthusiasm reflected in the high level of oversubscription is considered a strong signal of market confidence in the fundamentals, growth strategy, and long-term prospects of Superbank.
"This positive momentum is getting stronger ahead of the listing of shares, along with the support of six securities companies that also amplify the achievement of Superbank IPO to the public," he said in a statement, December 16.
Bernadus, assessed the high demand for Superbank's IPO as a positive signal for the Indonesian capital market.
English:
"IPO SUPA set a record with an oversubscription rate of 318 times and investor demand of more than 1 million orders. This reflects market confidence in the fundamentals and prospects of Superbank. This response indicates that investor appetite for IPOs in the digital banking sector is still very strong," he said.
According to him, the high oversubscribed condition in the Superbank IPO is expected to have a positive impact on the liquidity of stock trading after listing, as well as being a catalyst for the development of the digital banking sector in Indonesia.
He added that with the very strong demand ahead of the listing of shares, Superbank's IPO is one of the corporate actions that most attract investor attention at the end of 2025.
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