JAKARTA. PT Global Sukses Digital Tbk (DOSS), a retail company and an online marketplace specialised in photography tools, has set the offering price for the shares offered in Initial Public Offering (IPO) to IDR 135 each.

With said price level, the proceeds of IPO of DOSS are estimated to reach IDR 60.75 billion. For the record, the number of shares issued by DOSS in this IPO is 450 million shares, or equal to 26.09% of total issued and paid-up capital of DOSS post-IPO.

In the issued prospectus, DOSS is said to allocate approximately 27.4% of IPO proceeds for its capital expenditure. Then, the remaining 72.6% will goes to its working capital.

DOSS has appointed PT Samuel Sekuritas Indonesia as its lead underwriter for the upcoming IPO. The public offering will last until today (5/8), and will be followed by distribution of shares on August 6, and the listing on the stock exchange on August 7, 2024. (KR/ZH)