IDX e-IPO Analytics
IDX · 2021–2026251 DEALS/243 LISTED/8 N/L
View underwriters as
Active Underwriters
66
distinct brokers
Most Active
27
UOB KAY HIAN SEKURITAS
Top by Proceeds
Rp 95.5T
MANDIRI SEKURITAS
Top-5 Share
24%
of role participations
Capital raised
top 12 by proceeds of deals participated in
Activity vs performance
deals vs median D1 · bubble = capital raised · brokers with 3+ deals
Underwriter league table
metrics reflect the selected role · Led + Member counts always shown
66 underwriters
| Underwriter | Led ↓ | Member | Raised | D1 | D3 | D5 | D7 | % Up |
|---|---|---|---|---|---|---|---|---|
| UOB KAY HIAN SEKURITAS AI | 23 | 4 | Rp 21.4T | +19.9% | +12.5% | +15.6% | +9.2% | 85% |
| NH KORINDO SEKURITAS INDONESIA XA | 20 | 4 | Rp 2.0T | +12.4% | +17.5% | +8.1% | +3.0% | 71% |
| KGI SEKURITAS INDONESIA HD | 12 | 10 | Rp 2.0T | +28.7% | +27.6% | +25.5% | +29.9% | 73% |
| TRIMEGAH SEKURITAS INDONESIA TBK. LG | 12 | 9 | Rp 49.5T | +25.0% | +56.5% | +37.0% | +38.0% | 95% |
| MANDIRI SEKURITAS CC | 12 | 4 | Rp 95.5T | +3.0% | +3.4% | +6.9% | +5.5% | 56% |
| SHINHAN SEKURITAS INDONESIA AH | 12 | 3 | Rp 1.4T | +10.0% | +0.0% | +5.0% | -2.0% | 73% |
| SURYA FAJAR SEKURITAS SF | 12 | 0 | Rp 1.9T | +10.0% | +16.5% | +8.1% | +9.4% | 75% |
| MIRAE ASSET SEKURITAS INDONESIA YP | 11 | 9 | Rp 5.0T | +10.0% | +17.6% | +17.2% | +17.1% | 75% |
| MNC SEKURITAS EP | 11 | 1 | Rp 1.2T | +9.9% | -0.8% | +4.7% | +1.0% | 75% |
| LOTUS ANDALAN SEKURITAS YJ | 9 | 2 | Rp 1.2T | +34.3% | +50.8% | +46.9% | +46.0% | 82% |
| CIPTADANA SEKURITAS ASIA KI | 9 | 2 | Rp 14.9T | +25.0% | +27.0% | +26.5% | +28.4% | 100% |
| INDO CAPITAL SEKURITAS IU | 9 | 1 | Rp 991.7B | +2.5% | -2.2% | +0.2% | -3.6% | 50% |
| SAMUEL SEKURITAS INDONESIA IF | 6 | 8 | Rp 42.0T | +15.3% | +10.4% | +15.0% | +13.4% | 79% |
| DANATAMA MAKMUR SEKURITAS II | 6 | 1 | Rp 762.3B | +17.0% | +18.0% | +9.2% | +9.2% | 86% |
| SUCOR SEKURITAS AZ | 5 | 9 | Rp 29.2T | +24.6% | +69.5% | +41.3% | +36.9% | 86% |
| BRI DANAREKSA SEKURITAS OD | 5 | 9 | Rp 40.6T | +9.7% | +4.6% | +8.5% | +9.9% | 71% |
| ERDIKHA ELIT SEKURITAS AO | 5 | 7 | Rp 1.4T | +6.9% | +0.5% | +4.7% | +3.0% | 67% |
| PANIN SEKURITAS TBK, GR | 5 | 4 | Rp 36.3T | +6.1% | +1.3% | +11.7% | -0.0% | 56% |
| SEMESTA INDOVEST SEKURITAS MG | 5 | 3 | Rp 1.6T | +22.9% | +20.0% | +20.7% | +10.9% | 88% |
| VICTORIA SEKURITAS INDONESIA MI | 5 | 2 | Rp 682.2B | +25.0% | +10.2% | +9.5% | +2.0% | 71% |
| ARTHA SEKURITAS INDONESIA SH | 5 | 1 | Rp 864.0B | +35.0% | +142.0% | +120.0% | +88.5% | 100% |
| ELIT SUKSES SEKURITAS SA | 5 | 1 | Rp 187.2B | -9.0% | -16.2% | -15.3% | -19.1% | 33% |
| HENAN PUTIHRAI SEKURITAS HP | 5 | 0 | Rp 4.0T | +25.0% | +95.5% | +201.7% | +369.6% | 100% |
| RELIANCE SEKURITAS INDONESIA TBK, LS | 4 | 1 | Rp 894.2B | +15.3% | +5.0% | +20.1% | +28.7% | 80% |
| RHB SEKURITAS INDONESIA DR | 4 | 0 | Rp 374.1B | +24.6% | -10.7% | -24.6% | -29.8% | 75% |
| BNI SEKURITAS NI | 3 | 7 | Rp 42.6T | +9.5% | +7.5% | +8.6% | +11.5% | 80% |
| INDO PREMIER SEKURITAS PD | 3 | 6 | Rp 39.1T | +11.3% | +3.1% | +5.3% | +1.3% | 67% |
| OCBC SEKURITAS INDONESIA TP | 2 | 6 | Rp 22.8T | +17.3% | +12.3% | +16.8% | +18.5% | 88% |
| PANCA GLOBAL SEKURITAS PG | 2 | 5 | Rp 1.1T | +32.3% | +93.3% | +68.3% | +46.0% | 71% |
| BCA SEKURITAS SQ | 2 | 4 | Rp 11.7T | +25.0% | +60.7% | +111.4% | +98.8% | 83% |
| KOREA INVESTMENT AND SEKURITAS INDONESIA BQ | 2 | 3 | Rp 3.2T | +24.4% | +93.7% | +40.9% | +43.3% | 80% |
| INVESTINDO NUSANTARA SEKURITAS IN | 2 | 2 | Rp 19.1T | +20.8% | +12.0% | +19.4% | +21.9% | 75% |
| PILARMAS INVESTINDO SEKURITAS PO | 2 | 1 | Rp 609.9B | +24.8% | +55.3% | +45.6% | +59.8% | 100% |
| WANTEG SEKURITAS AN | 2 | 1 | Rp 368.8B | +8.3% | +3.3% | +9.2% | +9.2% | 67% |
| BUANA CAPITAL SEKURITAS RFlow n | 2 | 0 | Rp 824.7B | +17.6% | +14.7% | +14.7% | +10.5% | 100% |
| KB VALBURY SEKURITAS CP | 1 | 13 | Rp 42.7T | +18.4% | +10.6% | +13.4% | +10.6% | 71% |
| DBS VICKERS SEKURITAS INDONESIA DP | 1 | 4 | Rp 31.6T | +4.4% | +10.0% | +15.6% | +9.2% | 80% |
| SUKADANA PRIMA SEKURITAS (EX-OSO) ADlow n | 1 | 0 | Rp 59.5B | +24.6% | +25.1% | +70.0% | +85.7% | 100% |
| PROFINDO SEKURITAS INDONESIA RGlow n | 1 | 0 | Rp 55.7B | +7.0% | +3.1% | +1.6% | +1.6% | 100% |
| CIMB NIAGA SEKURITAS C3 | 0 | 10 | Rp 23.1T | +4.2% | +4.0% | +6.7% | +3.4% | 60% |
| CLSA SEKURITAS INDONESIA KZ | 0 | 6 | Rp 40.8T | +11.9% | +12.5% | +11.8% | +8.9% | 83% |
| CREDIT SUISSE (SUSPENDED) CS | 0 | 6 | Rp 49.3T | +0.0% | -3.0% | +2.4% | -0.5% | 33% |
| YULIE SEKURITAS INDONESIA RS | 0 | 6 | Rp 28.0T | -0.3% | -1.6% | -1.9% | -2.3% | 33% |
| DANASAKTI SEKURITAS INDONESIA PF | 0 | 5 | Rp 41.6T | +0.0% | -3.1% | -0.6% | -1.1% | 20% |
| MAYBANK SEKURITAS INDONESIA ZP | 0 | 4 | Rp 12.1T | +5.3% | +2.2% | +3.0% | +3.3% | 75% |
| UBS SEKURITAS INDONESIA AK | 0 | 4 | Rp 17.9T | +14.2% | +7.9% | +7.7% | +7.3% | 75% |
| PHILLIP SEKURITAS INDONESIA KK | 0 | 4 | Rp 723.2B | +8.1% | +5.8% | +2.3% | +4.7% | 75% |
| ALDIRACITA SEKURITAS INDONESIA PP | 0 | 3 | Rp 27.1T | +13.0% | +10.7% | +11.8% | +1.3% | 100% |
| BINAARTHA SEKURITAS AR | 0 | 3 | Rp 556.5B | +24.7% | +70.0% | +48.0% | +46.0% | 100% |
| MORGAN STANLEY SEKURITAS INDONESIA S0 | 0 | 3 | Rp 32.1T | -4.4% | -3.1% | -3.7% | -1.1% | 0% |
| BAHANA SEKURITAS DXlow n | 0 | 2 | Rp 11.9T | +12.2% | +42.6% | +20.2% | +20.8% | 50% |
| J.P. MORGAN SEKURITAS INDONESIA BKlow n | 0 | 2 | Rp 20.6T | +6.3% | +4.7% | +5.2% | +5.4% | 50% |
| MACQUARIE SEKURITAS INDONESIA RXlow n | 0 | 2 | Rp 9.3T | +8.9% | +12.0% | +13.8% | +16.2% | 100% |
| CITIGROUP SEKURITAS INDONESIA C4low n | 0 | 2 | Rp 12.8T | +0.2% | -2.7% | +0.8% | -1.1% | 50% |
| HSBC SEKURITAS INDONESIA GWlow n | 0 | 2 | Rp 27.4T | -2.2% | -5.8% | -2.2% | -2.1% | 0% |
| YUANTA SEKURITAS INDONESIA FSlow n | 0 | 2 | Rp 425.0B | +35.0% | +142.0% | +141.0% | +110.5% | 100% |
| SINARMAS SEKURITAS DHlow n | 0 | 1 | Rp 4.7T | +25.0% | +14.6% | +18.0% | +27.8% | 100% |
| AMANTARA SEKURITAS INDONESIA YOlow n | 0 | 1 | Rp 4.7T | +25.0% | +14.6% | +18.0% | +27.8% | 100% |
| CGS INTERNATIONAL SEKURITAS INDONESIA YUlow n | 0 | 1 | Rp 264.0B | +25.0% | +94.9% | +203.4% | +371.6% | 100% |
| WATERFRONT SEKURITAS INDONESIA FZlow n | 0 | 1 | Rp 118.0B | +35.0% | +144.0% | +128.0% | +92.0% | 100% |
| BNP PARIBAS SEKURITAS INDONESIA Y0low n | 0 | 1 | Rp 10.0T | +4.4% | +10.0% | +15.6% | +9.2% | 100% |
| MEGA CAPITAL SEKURITAS CDlow n | 0 | 1 | Rp 338.3B | +10.0% | +5.0% | +11.7% | +11.1% | 100% |
| PLUANG MAJU SEKURITAS ROlow n | 0 | 1 | Rp 13.7T | +13.0% | +10.7% | +11.8% | -0.0% | 100% |
| DEUTSCHE SEKURITAS INDONESIA D4low n | 0 | 1 | Rp 13.7T | +13.0% | +10.7% | +11.8% | -0.0% | 100% |
| YUGEN BERTUMBUH SEKURITAS IPlow n | 0 | 1 | Rp 288.9B | -6.2% | -17.7% | -28.5% | -23.8% | 0% |
| RB RBlow n | 0 | 1 | Rp 245.7B | +17.0% | +4.3% | -0.0% | -2.1% | 100% |
Lead vs syndicate-member pop
same broker, day-1 median, both roles
Brokers active in both roles tend to show a larger day-1 pop when they lead the book than when they join as a member.
Solo vs syndicated deals
by deal structure · median cumulative return
| Structure | Deals | D1 | D3 | D5 | D7 |
|---|---|---|---|---|---|
| Solo (1 underwriter) | 142 | +24.5% | +17.0% | +13.9% | +12.7% |
| Syndicated (2+) | 101 | +17.0% | +14.6% | +15.0% | +14.7% |