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Trimegah Karya Pratama IPO this morning, take a peek at its profile: Okezone Economy

JAKARTA – PT Trimegah Karya Pratama Tbk will carry out an Initial Public Offering (IPO) on the Indonesia Stock Exchange (IDX). This issuer with stock code UVCR is the 27th Listed Company to be listed on the Exchange this year.

The company, known as the platform called Ultra Voucher, will release a maximum of 25% of the issued and fully paid capital, or a maximum of 500 million shares.

Also Read: IPO, Hasnur Internasional Aims for IDR 157 Billion

The price offered is in the range of Rp100-Rp130 ​​per share. Thus, the funds to be collected are targeted at Rp50 billion-Rp65 billion. Ultra Voucher has appointed PT Mirae Asset Sekuritas Indonesia as Join Lead Underwriters (JLU) with PT NH Korindo Sekuritas Indonesia and PT Surya Fajar Sekuritas.

As of December 2020, the total downloader for the Ultra Voucher application is more than 200,000 on both Android and iOS devices. Where there are more than 10,000 users who make transactions every month. Currently, Ultra Voucher has collaborated with 300 brands and more than 40,000 outlets throughout Indonesia.

Also Read: ASDP Will IPO in the First Quarter of 2022, Aiming at IDR 3.5 Trillion

The merchants who are currently collaborating with Ultra Voucher are from various segments, namely Beauty & Relaxation, Department Store, E-Commerce, Entertainment, Food & Beverage (F&B), Hotel & Travel, Accessories & Jewelry, Lifestyle, Investment, and others. .

Fundamentally, the Ultra Voucher business showed positive performance, throughout 2020, net profit for the year recorded a surge of 408.9%. As of March 2021, profit for the year was recorded at Rp543.49 million with total sales of Rp194.48 billion.

The proceeds from the IPO will be used to improve the Company’s business fundamentals, which is around 36% for capital expenditures including product and feature development, 34% for operational expenses including addition of human resources, software, distribution channels, and 30% for increasing working capital including inventory purchases. vouchers.

Simultaneously, Ultra Voucher will also issue 250 million Series I Warrants accompanying the Company’s New Shares or a maximum of 16.67%. Series I Warrants are given free of charge as an incentive for New Shareholders whose names are recorded in the Shareholders Register on the allotment date provided that each holder of 2 Shares is entitled to 1 Series I Warrant.

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