CDIA Set to Launch IPO Tomorrow as Market Awaits Trading Debut

PT Chandra Daya Investasi Tbk (CDIA) is set to launch its Initial Public Offering (IPO), with trading scheduled to begin on July 9, 2025, on the Indonesia Stock Exchange under the ticker CDIA. The company, a subsidiary of Chandra Asri Pacific and EGCO Group, operates across four key infrastructure pillars—energy, logistics, ports & storage, and water services.

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7/8/20251 min read

Key IPO Details:

  • IPO size: Up to Rp 2.37 trillion

  • Shares offered: Approximately 12.48 billion shares

  • Offering price: Rp 190 per share

  • Book-building period: June 19–24, 2025

  • e-IPO offering period: Extended from July 2–4 to July 2–7, 2025

  • Minimum investment: Rp 19,000 (equivalent to 100 shares)

The IPO has drawn significant investor interest, reportedly oversubscribed by more than 400 times, signaling strong demand. The listing is expected to boost market liquidity amid currently subdued trading volumes on the IDX.

Use of Proceeds:
The funds raised will be allocated to:

  • Expansion of the logistics business, including the purchase of vessels and operational support through subsidiaries such as CSI and MIM

  • Development of port and storage infrastructure, including tank construction and pipeline projects via CSP and CCP

Investor Outlook:
Analysts view CDIA’s IPO as a key milestone for both the company and Indonesia’s infrastructure sector. Supported by strong financials and strategic backing, the offering provides investors with access to long-term growth in critical infrastructure industries.

CDIA’s public listing is highly anticipated and could mark one of the most notable IPO debuts of 2025.