An e-commerce company, Bukalapak, targets to (listing) shares on the Indonesia Stock Exchange (IDX) on July 29, 2021.

The company will use the stock ticker BUKA and carry out the listing after the initial public offering (IPO) of shares projected on 23-27 July 2021.

Based on the IDX Mini Expose document, Bukalapak has registered its IPO shares with the Financial Services Authority (OJK) on May 7, 2021. The share offering will be held on 23-27 July 2021 and listed on the IDX on July 29, 2021.

Bukalapak appointed Mandiri Sekuritas and Buana Capital Sekuritas as joint lead managing underwriters, and UBS Sekuritas Indonesia as domestic underwriters.

In addition, Bukalapak also cooperates with UBS and BofA Securities as joint global coordinators and UBS, BofA Securities, and Mandiri Sekuritas as joint book-runners.

Bukalapak will release a maximum of 25% of its shares of the total paid-up and issued capital, which includes an employee sto