What is Chandra Daya Investment's IPO plan?

Chandra Daya Investment (CDIA), a subsidiary of Chandra Asri Pacific (TPIA), is launching an IPO on the Indonesia Stock Exchange (IDX), offering 12.5 billion shares, representing 10% of the company.

What is the price range for the CDIA IPO shares?

The initial offering price for Chandra Daya Investment's IPO is between Rp. 170 and Rp. 190 per share.

When is the initial bid period for the Chandra Daya investment IPO?

The initial bid period for the Chandra Daya investment IPO is scheduled from June 19-24, 2025.

How much funding does Chandra Daya Investment expect to raise from the IPO?

chandra daya Investment anticipates raising between 2.1 and 2.4 trillion rupiah from this IPO.

Which securities firms are underwriting the Chandra daya Investment IPO?

BCA Sekuritas, BNI Sekuritas, DBS Vickers, Henan Putihrai, OCBC sekuritas, and trimegah Sekuritas are acting as the underwriters for the Chandra Daya Investment IPO.

What sector does Chandra Daya investment operate in?

Chandra Daya Investment operates in the infrastructure sector as a subsidiary of PT Chandra Asri Pacific (TPIA).

Indonesian IPO Market Gears Up for Lighthouse Companies

Indonesia’s stock market is anticipating a surge of initial public offerings (IPOs) from “Lighthouse Companies” this year, promising substantial capital injections. This marks a pivotal moment, potentially reshaping the financial landscape with significant investment opportunities.

IPO Plans Unveiled

The Indonesian Stock Exchange (IDX) is anticipating three companies to go public in the “Lighthouse” category, with substantial market capitalization. According to IDX Assessment Director I Gede Nyoman Yetna, these companies are expected to list this year. One of these firms is Prajogo Pangestu’s PT Chandra Daya Investment Tbk (CDIA).

Nyoman stated on Monday, June 23, 2025, that three prospective companies, including CDIA, are poised to record shares within the Lighthouse IPO classification. They plan to list in 2025.

The IDX is aiming for five Lighthouse IPOs in 2025. Three companies have already registered, including PT Raharja Energi Cepu Tbk (Ratu), PT Bangun Kosambi Sukses Tbk (CBDK), and PT Yupi Indo Jelly Gum Tbk (Yupi). Nyoman added that three companies have been recorded toward this target.

Chandra Daya Investment is linked to PT Chandra Asri Pacific Tbk (TPIA). CDIA plans to release 12.48 billion shares, approximately 10% of the company’s issued and fully paid capital after the IPO. The stock price range is set between Rp. 170 and Rp. 190 per share.

This IPO could generate approximately Rp 2.37 trillion for CDIA. The company has appointed several securities firms as emission and insurance guarantors.

BRI Danareksa Sekuritas’ IPO Initiatives

BRI Danareksa Sekuritas (Brids) intends to introduce about three companies to the Indonesia Stock Exchange (IDX) during the second half of 2025. These firms are expected to raise around Rp 1 trillion from their IPOs. The companies involved operate in the consumer, trading, and manufacturing sectors, according to Director Laksono Widodo.

Laksono mentioned that the three companies are currently in the IPO queue. He also noted that no companies have withdrawn from the IPO schedule. Laksono believes that these firms will be attractive to investors.

“We plan in the second semester, so we don’t know yet. It is still too early to be able to walk and not,” he added.

Looking Ahead

The anticipated IPOs signal growing confidence in Indonesia’s capital markets. Recent data indicates a 15% rise in IPOs across Southeast Asia last year (Statista 2024), reflecting a regional trend of expansion.

The new IPOs are expected to bring new investment opportunities, helping to energize Indonesia’s economy.

Chandra Daya Investment Launches IPO on IDX, Targeting Trillions in Funding

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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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