Superbank Sets IPO Price at Rp 635 as It Prepares for Dec 17 Listing

JAKARTA, Investortrust.id — PT Super Bank Indonesia Tbk or SUPA sets its initial public offering price at Rp 635 per share on Tuesday, Dec 9, 2025 in Jakarta to raise Rp 2.79 trillion as it moves toward a Dec 17 listing on the Indonesia Stock Exchange, a step expected to strengthen its lending capacity and accelerate its digital banking expansion. The bank also outlines a dividend commitment of up to 85 percent of net profit once retained earnings turn positive.

The lender, which also goes by its brand name Superbank, secured its effective statement on Monday and set its public offering for Dec 10 to Dec 15.

Superbank said it offered 4.406 billion new shares, equal to 13 percent of enlarged capital after the IPO. Management explained that 70 percent of proceeds would support loan disbursement while the remainder would fund capital expenditure and technology development.

IPO underwriting was handled by Mandiri Sekuritas, CLSA Sekuritas Indonesia, Trimegah Sekuritas Indonesia Tbk, and Sucor Sekuritas.

After the IPO, ownership would include Emtek through Elang Media Visitama, Grab Holdings, Kudo Teknologi Indonesia, A5–DB Holdings, GXS Bank, KakaoBank, and Singtel Alpha Investments, with Emtek and Grab holding the largest stakes.

Superbank said its dividend distribution would depend on profitability, capital adequacy, bank health metrics, earnings growth expectations, and future capital needs.

SUPA reported a rise in interest income to Rp 904.49 billion in the first half of 2025 from Rp 268.15 billion a year earlier. The increase enabled the bank to post Rp 20.50 billion in net profit, reversing a net loss of Rp 135.43 billion in the same period last year.