Terms and Conditions for Participating in e-IPO
Investing in shares involves risks, including the fluctuation of share prices and the illiquidity of share trading on the stock exchange. |
- Parties who have a securities account with a securities company that is a member of the Indonesian Stock Exchange can place orders for IPO’s pooling portion via https://www.e-ipo.co.id.
- Orders can be made during the book-building and the public offering periods.
- To be able to place an order, Investors need to register through https://www.e-ipo.co.id.
- Only orders that meet the following requirements will be allocated :
- The indicated share price is equal to or above the final share price that will be determined at the end of the book-building period.
- After the IPO has received an effective statement from the OJK and the final structure (price and number of shares to be issued) and the IPO schedule are announced, the subscriber has confirmed on the e-IPO site that they have read the prospectus.
- There are sufficient funds in the customer fund account (RDN) during the public offering period in the amount of the total order (if there are insufficient funds, the entire order will be canceled); each securities company may provide a different time limit for the provision of funds in the customer's fund account (RDN).
- If there is an oversubscription of the pooling portion of the IPO, the e-IPO system will automatically calculate the share allocation.
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The allocation of shares is carried out using the following principles:
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Each order will get 10 lots of shares (or according to the order if less than 10 lots).
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All subscribers of up to IDR 100 million will receive an allocation of 1/3 of the total shares available for pooling.
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All subscribers of above IDR 100 million will receive an allocation of 2/3 of the total shares available for pooling.
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Allocations will be made on a pro-rata basis taking into account the conditions above.
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Excess funds that have been paid as a result of the allocation of shares will be refunded in accordance with the policies of each securities company.