JAKARTA – Four issuers officially celebrated their first year of debuting at the stock exchange on February 7, 2025. However, only one company that reported an uptrend as of yesterday’s (6/2) closing bell, whereas the other three declined.

Based on Indonesia Stock Exchange (IDX) compiled today (7/2), four issuers debuting on the board exactly a year ago include PT Terang Dunia Internusa Tbk (UNTD), PT Mitra Pedagang Indonesia Tbk (MPIX), PT Topindo Solusi Komunika Tbk (TOSK), and PT Ancara Logistics Indonesia Tbk (ALII).

UNTD debuted by issuing 1.66 billion shares for IDR 240 each in IPO, targeting IDR 400 billion of proceeds in IPO. However, its price plummeted 172.72% to IDR 88 per share after debuting. Total traded shares yesterday (6/2) reached 9.32 million, recorded in 2,047 transactions, totalling IDR 831.35 million.

MPIX also debuted a year ago, offering 312.5 million shares for IDR 268 each, thus aiming to raise IDR 83.75 billion. A year after its IPO, its price dropped 77.23% to IDR 61 at yesterday’s (6/2) closing. Total transaction volume at that day reached 489,800 shares, recorded in 82 transactions worth IDR 30.33 million.

Meanwhile, TOSK issued 875 million shares in IPO, setting the price to IDR 125 per share, or raising IDR 109.37 billion in total. After one year, however, the price shrank 60% to IDR 50 per share. Yesterday, 250,400 shares of TOSK were being traded in 53 transactions worth IDR 12.52 million.

On the other hand, ALII’s stock showed significant gain after offering 3.1 billion shares at its IPO with price fixed at IDR 272 per share, thus booking IDR 860.92 billion of proceeds. A year into the market, its price has actually skyrocketed, up 1,986% to IDR 5,675 per share. There were 584,600 shares of ALII traded in 525 transactions worth IDR 3.3 billion. (LK/ZH)