Chandra Daya Investment Launches IPO on IDX, Targeting Trillions in Funding
JAKARTA – PT Chandra Daya Investment Tbk (CDIA), an infrastructure-focused subsidiary of PT Chandra Asri Pacific (TPIA), has officially announced its Initial Public Offering (IPO) on the Indonesia Stock Exchange (IDX). The company plans to offer 12.5 billion shares, representing 10% of its equity.
IPO Details: Price and Timeline
the offering price is set between Rp. 170 and Rp. 190 per share, with the initial bidding period running from June 19 to June 24, 2025. this valuation could potentially inject between 2.1 and 2.4 trillion rupiah into Chandra Daya Investment, according to a Stockbit Securities review.
Did You Know? Indonesia’s infrastructure sector is projected to grow by 7-9% annually through 2028, driven by government initiatives and increasing foreign investment [[1]].
Underwriters and market Impact
The IPO is being underwritten by a consortium of leading securities firms,including BCA Sekuritas,BNI Sekuritas,DBS Vickers,Henan putihrai,OCBC Sekuritas,and Trimegah Sekuritas. The successful completion of this IPO is expected to bolster investor confidence in Indonesia’s infrastructure sector.
Pro Tip: Investors should review the company’s prospectus and financial statements carefully before making any investment decisions.
Chandra Asri Pacific’s Strategic Move
As a subsidiary of Chandra Asri Pacific, CDIA’s IPO aligns with TPIA’s strategic goals to expand its presence in the infrastructure domain. The funds raised will likely be used to finance new projects and enhance existing infrastructure assets.
The Indonesian Stock Exchange (IDX) has seen a surge in IPO activity in recent years, reflecting a growing appetite for investment opportunities in the country.In 2024, the IDX recorded 68 IPOs, raising a total of Rp 51.7 trillion [[2]].
Key IPO Details
| Item | Details |
|---|---|
| Company | PT Chandra Daya Investment Tbk (CDIA) |
| Parent Company | PT Chandra Asri Pacific (TPIA) |
| Shares Offered | 12.5 billion (10%) |
| Price Range | Rp. 170 – Rp. 190 per share |
| Bidding Period | June 19-24, 2025 |
| expected Funds | Rp. 2.1 – 2.4 trillion |
| Underwriters | BCA Sekuritas, BNI Sekuritas, DBS Vickers, Henan Putihrai, OCBC Sekuritas, Trimegah Sekuritas |
Understanding Indonesia’s Infrastructure Investment Landscape
Indonesia’s infrastructure progress is a key priority for the government, aiming to improve connectivity, support economic growth, and enhance the quality of life for its citizens. The country has launched numerous infrastructure projects,including toll roads,airports,seaports,and power plants. These initiatives are attracting significant domestic and foreign investment, creating opportunities for companies like Chandra Daya Investment to thrive.
The World Bank estimates that Indonesia needs to invest approximately $150 billion in infrastructure by 2025 to meet its development goals [[3]]. This substantial investment requirement underscores the importance of IPOs and other capital market activities in funding these critical projects.
Frequently Asked questions About Chandra Daya Investment’s IPO
- What is the primary business of Chandra Daya investment?
- Chandra Daya Investment focuses on infrastructure development projects in Indonesia.
- How will the funds from the IPO be used?
- The funds are expected to be used for financing new infrastructure projects and enhancing existing assets.
- What are the potential risks associated with investing in the IPO?
- Potential risks include market volatility, regulatory changes, and project execution challenges.
- Where can investors find more details about the IPO?
- Investors can consult the company’s prospectus and financial statements, as well as seek advice from financial advisors.
- What is the significance of this IPO for the Indonesian stock market?
- This IPO reflects growing investor confidence in Indonesia’s infrastructure sector and the overall economy.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investors should conduct their own research and consult with a qualified financial advisor before making any investment decisions.
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