JAKARTA (Yosefardi) – Insurer for covering damage or losses, PT Asuransi Mitra Maparya Tbk sets its IPO price at Rp270 per share, to raise total proceeds of Rp108.75 billion. It will offer 402.78 million through the initial public offering (IPO), representing 29% of its totaled issued and paid-up shares capital.

PT Griyainsani Cakrasadaya will sell 263.88 million shares on the IPO. The offering is scheduled for January 3-9, 2014 while listing at stock exchange is scheduled for January 16, 2014. The company will also issue 402.78 million warrants, or 32.22% of total issued shares. PT Kresna Graha Sekurindo Tbk will act as underwriter for the IPO.

Shipping company PT Capitol Nusantara Indonesia Tbk has set its IPO price at Rp200 per share for 208.36 million shares, to raise proceeds of Rp41.67 billion. The shares offering is scheduled for January 3-9, 2014 and listing at stock exchange is set for January 14,2014.

PT Bank Ina Perdana TBk downsizes its IPO to 529 million shares, or 24.76% of its total issued and paid-up capital, from initial plan of 790 million shares, or 33.3% of its total shares. The company has set its IPO price at Rp240 per share, to raise total proceeds of Rp124.8 billion.

The offering is scheduled for January 3-9, 2014 and will list at IDX on January 16, 2014. The bank will use the IPO proceeds for supporting its loan expansion. The bank targets to book net profit of Rp15 billion next year, and targets to boost capital to Rp1 trillion by 2016.

Fine packaging producer PT Tunas Alfin Tbk, controlled by PT Proinvestindo, plans to offer 270 million shares through IPO, priced at Rp395 per share, to raise total proceeds of Rp106.65 billion. The offering is scheduled for January 3-9, 2014 while listing at stock exchange is set for January 17, 2014. PT UOBKayHian Securities acts as underwriter.