JAKARTA. PT Global Sukses Digital Tbk (DOSS), a photography equipment retail and marketplace sales company, will issue 450 million shares in its Initial Public Offering (IPO) in Indonesia Stock Exchange (IDX).

The number of shares offered by DOSS is equal to 26.09% of its issued and paid-up capital post-IPO. Each share is valued at IDR 40 per share, and will be offered for IDR 130-134 per share.

Assuming that the price is set to the upper range at IDR 134 per share, DOSS might potentially gain IDR 60.75 billion of fresh funds from this IPO.

DOSS has assigned PT Samuel Sekuritas Indonesia as the lead underwriter in its IPO. The book building is set to July 22-26, 2024, followed by the public offering on August 1-5, 2024, and the listing on the stock exchange on August 7, 2024.

For the record, as of now, 85.20% of DOSS are still under the control of PT Sukses Investama Indonesia. Tahir Matulatan has another 9.78%, followed by Manjit Kishin Punjabi of 5%, and Mulya Saputra of 0.02%. (KR/ZH)