How To Use E-IPO To Buy IPO Shares Online – The Indonesia Stock Exchange (IDX) has issued a new mechanism for investors to buy initial shares via e-IPO. It is hoped that the digital base in this network will equalize the opportunity to buy shares of issuers who have just gone to the stock exchange or IPO.
Quoting e-ipo.co.id, Wednesday (6/1/2022), as of December 29, 2022, 23 Securities Company participants have joined the e-IPO mechanism.
IDX has introduced this mechanism starting in August 2022 and this mechanism will begin to be fully deployed to companies that will be listed on the stock exchange earlier this year.
The e-IPO itself has the advantage that it can be reached from anywhere. But first you have to register and provide funds in the Customer Fund Account (RDN). Registering an e-IPO is quite easy. Taken from IDX Instagram on Wednesday (6/1/2022),
Following are the steps for registering and ordering an e-IPO by visiting the web www.e-ipo.co.id.
- Registration is done by:
– Register the type of investor you will do.
– Fill in personal data, including e-mail address.
– Enter the OTP sent to the registered phone number or e-mail for the authentication process.
– Then you can choose a broker and create a password or password that consists of at least 6 digits which includes capital letters, lowercase letters, special characters or symbols, and numbers.
– Then you can log in using the Single Investor Identification (SID) that you already have. - To start investing, make sure that the balance on your RDN is sufficient to select an interest or order.
- Orders can be done by:
– Choose the desired stock then click “more info”.
– After reading carefully then click “place order”.
– Fill in the order form and click “send”.
– To confirm it enter the OTP that was sent to you. - If you have placed an order, you must confirm it by reading the prospectus otherwise the order will be cancelled.
You can read it on the active orders menu, then click “view”, when finished reading then click “i have already read prospectus”. - View the results or status of your share receipts on the History menu.
There are four status descriptions;
– Alloted which means getting an allotment,
– Alloted with Scale Book, namely getting an adjusted allotment,
– Not Alloted is not getting an allotment,
– Not Carried Over is the order is not forwarded to the allotment process.
Source: business.com
