Listing of Sido Muncul Herbal (SIDO) on Indonesia Stock Exchange
On Wednesday (18/12), PT Industri Jamu dan Farmasi Sido Muncul, better known as Sido Muncul Herbal, was the 30th company that became listed on the Indonesia Stock Exchange (IDX) in 2013. The company, Indonesia's largest herbal medicine producer, offers 1.5 billion shares (about ten percent of its enlarged capital) to the public for the price of IDR 580 per share, thus aiming to generate IDR 8.7 trillion (USD $72.5 million) from today's initial public offering (IPO).
About 56 percent of the generated funds will be used as working capital for the development of raw materials, packaging, and finished goods. Roughly 42 percent will be used for investment in land acquisition for factory expansion. The remaining 2 percent will be used for IT and computer technology.
Shares of Sido Muncul immediately rose at its trading debut. Just before the end of the first trading session on Wednesday (18/12), its price was up to IDR 710 per share, a 22.4 percent jump from the start of the day.
Last Update: 29 Mar 2021
Newly Listed Companies on the IDX in 2013
| Company | P: 29 Mar 2021 | P: 28 Mar 2021 | Gain/Loss | P/E ttm | Yield % | Gain/Loss YTD |
| Bank Maspion Indonesia Tbk.BMAS | 750 | 805 | -6.83% | N/A | 0.00% | 75.23% |
| Multipolar Technology Tbk.MLPT | 1,195 | 1,165 | 2.58% | N/A | 0.00% | 36.57% |
| Pelayaran Nasional Bina Buana RayaBBRM | 50 | 50 | 0.00% | N/A | 0.00% | 0.00% |
| Saraswati Griya LestariHOTL | 50 | 50 | 0.00% | N/A | 0.00% | 0.00% |
| Sarana Meditama Metropolitan Tbk.SAME | 432 | 458 | -5.68% | N/A | 0.00% | 15.51% |
| Multi Agro Gemilang PlantationMAGP | 50 | 50 | 0.00% | N/A | 0.00% | 0.00% |
| Electronic City IndonesiaECII | 1,050 | 1,100 | -4.55% | N/A | 0.00% | 10.53% |
| Trans Power Marine TPMA | 1,035 | 1,040 | -0.48% | N/A | 0.00% | 26.99% |
| Steel Pipe Industry of IndonesiaISSP | 194 | 195 | -0.51% | N/A | 0.00% | -27.07% |
| Dyandra Media InternationalDYAN | 103 | 100 | 3.00% | N/A | 0.00% | 74.58% |
| Austindo Nusantara JayaANJT | 700 | 690 | 1.45% | N/A | 0.00% | -1.41% |
| Bank Nationalnobu Tbk.NOBU | 775 | 795 | -2.52% | N/A | 0.00% | 1.97% |
| Mitra Pinasthika Mustika Tbk.MPMX | 585 | 595 | -1.68% | N/A | 0.00% | 15.84% |
| Apexindo Pratama DutaAPEX | 394 | 382 | 3.14% | N/A | 0.00% | -44.90% |
| Dharma Satya NusantaraDSNG | 615 | 635 | -3.15% | N/A | 0.00% | 2.50% |
| Sri Rejeki IsmanSRIL | 206 | 214 | -3.74% | N/A | 0.00% | -18.90% |
| Acset IndonusaACST | 328 | 328 | 0.00% | N/A | 0.00% | -24.42% |
| Saratoga Investama SedayaSRTG | 5,375 | 5,375 | 0.00% | N/A | 0.00% | 35.39% |
| Nusa Raya Cipta Tbk.NRCA | 338 | 338 | 0.00% | N/A | 0.00% | -8.65% |
| Semen BaturajaSMBR | 885 | 885 | 0.00% | N/A | 0.00% | -17.67% |
| Victoria Investama Tbk.VICO | 126 | 133 | -5.26% | N/A | 0.00% | 53.66% |
| Bank Mestika Dharma Tbk.BBMD | 1,380 | 1,380 | 0.00% | N/A | 0.00% | -4.17% |
| Siloam International HospitalsSILO | 4,890 | 4,800 | 1.87% | N/A | 0.00% | -9.44% |
| Arita Prima IndonesiaAPII | 178 | 178 | 0.00% | N/A | 0.00% | -15.24% |
| Grand Kartech Tbk.KRAH | 436 | 436 | 0.00% | N/A | 0.00% | 0.00% |
| Indomobil Multi Jasa Tbk.IMJS | 342 | 338 | 1.18% | N/A | 0.00% | -5.00% |
| Sawit Sumbermas SaranaSSMS | 985 | 1,000 | -1.50% | N/A | 0.00% | -7.08% |
| Industri Jamu dan Farmasi Sido MunculSIDO | 780 | 780 | 0.00% | N/A | 0.00% | 1.96% |
| Combined Total | 24,227 | 24,295 | -0.28% | 5.05% |
Green colour indicates upward movement
Red colour indicates downward movement
P = price; E = earnings; D = dividend; Yield = D/P
"N/A" indicates P/E < 0 (negative earnings)
"-" indicates E,D,P or YTD is not available