1. Startups

What You Need to Know about GoTo's IPO (Part I)

Exploring GoTo plans after IPO, shareholders, financial performance, and growth metrics

Monday (11/4), a combined entity of Gojek and Tokopedia officially took the floor on the Indonesia Stock Exchange. Using the trade code "GOTO", the company lists approximately 1,184 trillion shares. The shares released to the public (Series A) were 40,6 billion shares with an offering price of IDR 338 per share.

PT GoTo Gojek Tokopedia Tbk. listed on the main board, in its initial listing one week ago, the value of its shares had increased by 23%, making the company's market capitalization more than Rp466 trillion; at the same time pushed to the big 3.

Agenda after IPO

GoTo submitted a registration statement in connection with the initial public offering of shares to OJK since December 21, 2021. At least 13,7 trillion Rupiah has been collected from the share offering. Through this corporate action, a number of agendas prepared by GoTo after being successfully listed on the IDX.

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