Proses Intial Publik Offering ( IPO) Perusahaan di Bursa Efek Indonesia

Summary

This video explains the process of an Initial Public Offering (IPO) in Indonesia, as part of a Financial Management course. It outlines the key steps in an IPO, including internal preparation, document submission to the Indonesia Stock Exchange (IDX) and Financial Services Authority (OJK), and the public offering process. The video also covers the requirements for a company to be listed on IDX, such as submitting financial reports, legal opinions, and projections. Finally, it explains how shares are traded after the IPO and the role of brokers in facilitating transactions.

Takeaways

• 😀 Initial Public Offering (IPO) refers to a company's process of offering its shares to the public to raise funds.
• 😀 The IPO process helps companies access capital markets for funding by selling a portion of their shares to the public.
• 😀 The first step of the IPO process involves internal preparation, including forming a team and preparing necessary documents.
• 😀 Companies must seek approval from their shareholders (RUPS) and amend their articles of association before proceeding.
• 😀 The company submits a preliminary listing agreement to the Indonesia Stock Exchange (Bursa Efek Indonesia) to get listed.
• 😀 The company then files a registration statement and supporting documents with the Financial Services Authority (OJK).
• 😀 A prospectus must be prepared and published, detailing the company’s financials and plans, before the public offering can proceed.
• 😀 The company needs to receive approval from OJK for the public offering before it can proceed with the IPO.
• 😀 The public offering period typically lasts between 1 and 5 working days, during which shares are offered to investors.
• 😀 After approval, the company's shares are listed on the Indonesia Stock Exchange, and trading can begin under a specific ticker code.
• 😀 Investors can then buy and sell the company's shares through brokers or securities companies registered with the Indonesia Stock Exchange.

Q & A

What is an Initial Public Offering (IPO)?

An Initial Public Offering (IPO) is the process by which a company offers its shares to the public for the first time in order to raise capital. This allows the company to gain funding by selling part of its ownership to external investors.

What are the main benefits for a company to go public through an IPO?

The main benefits for a company going public through an IPO include access to capital for growth and expansion, increased public profile and credibility, and the ability to offer liquidity to its existing shareholders.

What is the first step in the IPO process?

The first step in the IPO process is the preparation stage. This involves forming an internal team, identifying external parties to assist with the IPO, obtaining approval from the General Meeting of Shareholders (RUPS), and amending the company's Articles of Association as needed.

What documents are necessary to submit to the Indonesia Stock Exchange (Bursa Efek Indonesia) during the IPO process?

During the IPO process, a company must submit several documents to the Indonesia Stock Exchange, including its company profile, financial statements, legal opinion, and financial projections, among others.

How does a company apply for listing its shares on the Indonesia Stock Exchange (BEI)?

To apply for listing, a company must submit an application to the Indonesia Stock Exchange, providing necessary documents and information such as company profile, financial statements, and legal opinions, among others. The BEI will review these before approving the application.

What role does the Financial Services Authority (OJK) play in the IPO process?

The Financial Services Authority (OJK) plays a key role in reviewing and approving the company's registration statement and prospectus before the public offering can take place. The company must also obtain approval from OJK to publish its prospectus to the public.

What is a prospectus, and when must it be published during the IPO process?

A prospectus is a detailed document that provides potential investors with critical information about the company, including its financial health, business model, and risks involved. It must be published to the public after the company receives approval from OJK.

What is the book-building process in an IPO?

The book-building process is a method used during the IPO where the company and its underwriters gauge investor demand for the shares by collecting bids. This helps determine the price at which the shares will be offered to the public.

How long does the public offering phase typically last?

The public offering phase typically lasts between 1 and 5 business days. During this time, the company offers its shares to the public for purchase.

What happens after the shares are listed on the Indonesia Stock Exchange (BEI)?

After the shares are listed on the Indonesia Stock Exchange, they become tradable, and investors can buy and sell them through registered brokers or securities companies. The company also receives a ticker code, which is used for trading its shares on the exchange.