SOE IPO In 2023: Get Ready There Are 4 Choices!

Illustration of the Ministry of SOEs (Photo: Doc. Antara)

YOGYAKARTA - The Ministry of SOEs has notified that the agenda of implementing the Initial Public Offering (IPO) or the initial public offering of four SOEs in 2023 will come. What are the IPO SOEs in 2023?

The details of the IPOs for the four BUMN business branches are:

Can everyone invest in the IPO?

In essence, the IPO is open to all investors who are interested in investing their capital in a company. However, risking the number of IPOs offered or traded to the public is limited in number, so there is a possibility that its availability is insufficient demand. However, if you remain consistent with the weight for investment, it can be through the purchase of mutual funds or other instruments that have a concentration on the IPO.

How does the IPO work?

There are various steps and conditions needed by a company to go public. Companies that plan to go public generally cooperate with emission-guarantor companies (underwriters), to help with IPO work. This is because many document requirements and careful preparation are needed before the company is owned and directly supervised by the public. Not only preparing requirements, but the emission-guarantor company will also later measure the company's score which will determine the share points that will be marketed to the public.

In general, the work on the IPO begins with preliminary preparation and document preparation. Followed by the submission of a preliminary agreement on the listing of shares to the Indonesia Stock Exchange. After that, the work that needs to be carried out is the submission of a registration statement to the OJK. The last work is public offering, or listing and trading of shares on the Indonesia Stock Exchange.

Is the IPO Promising?

The reason is, the IPO aims to raise funds in the context of business development. So that there is the potential for an IPO to be promising or vice versa. For example, a company with an IPO to increase fresh funds so that the company consistently runs due to an internal financial crisis. The figure shows the company's internal problems which may later result in the price of shares being traded.

However, with the IPO, a company will usually also receive the spotlight where it will have an impact on fluctuating IPO prices on the launch day of the IPO. But this often provides profit due to significant price increases. However, often in the days after the IPO the price will experience improvement which could have an impact on losses if prices continue to decline. So it is necessary to observe from the start the business prospects and company circumstances before you buy an IPO.

So after knowing what IPO SOEs are in 2023, see other interesting news on VOI, it's time to revolutionize news!