PT Super Bank Indonesia Tbk (Superbank) is poised to make its debut on the stock exchange with an Initial Public Offering (IPO) under the ticker symbol SUPA. The company plans to release a maximum of 4.40 billion shares to the public, representing up to 13% of its issued and fully paid-up capital, with a nominal value of Rp 100 per share.
According to the preliminary prospectus, Superbank has set its initial offering price in the range of Rp 525 to Rp 695 per share. This strategic move is expected to raise fresh funds of up to Rp 3.06 trillion for the digital bank.
A substantial portion of the IPO proceeds, approximately 70%, will be strategically allocated to working capital to bolster credit disbursement capabilities. The remaining 30% will be utilized for capital expenditure. Superbank has appointed prominent underwriters, including PT Mandiri Sekuritas and PT CLSA Sekuritas Indonesia, to manage the issuance.
As of June 2025, Superbank showcased a robust financial performance, reporting total assets of Rp 14.87 trillion. The company also recorded net interest income of Rp 665.29 billion and a net profit of Rp 20.50 billion during the period.
Post-IPO, Superbank’s management has committed to a dividend distribution policy, pledging to allocate up to 85% of the current year’s net profit to shareholders. This dividend payment is planned based on the net profit from the 2029 financial year.
The post-IPO shareholding structure will see key entities like Elang Media Visitama (EMV) holding 27.07%, Kudo Teknologi Indonesia (KTI) with 16.67%, and GXS Bank Pte Ltd (GXS) retaining 10.44%. The public will collectively hold a 13% stake.
Superbank’s shares are tentatively scheduled to be listed on the Indonesia Stock Exchange (BEI) on December 17, 2025. The bookbuilding process is set to commence in late November, followed by the public offering period before the official listing date.
Discover more about the profile of Superbank, the innovative digital bank set to make its highly anticipated IPO on December 17, 2025, below.
Profil Superbank (Theeconopost.com)
Profil Superbank
Superbank’s journey began in 1993 as PT Bank Fama International, founded in Bandung. Over the years, the institution underwent a significant transformation, evolving into the modern digital bank it is today.
In 2021, the Emtek Group acquired the company through PT Elang Media Visutama and PT Nusantara Berkat Agung. A year later, Grab and Singtel joined as strategic partners, further strengthening its position. By 2023, a consortium led by KakaoBank also made a significant investment, underscoring confidence in Superbank’s vision.
Early in 2023, Bank Fama officially rebranded as Superbank and relocated its headquarters to Jakarta. Its renewed focus centered on expanding credit access for both retail customers and Micro, Small, and Medium Enterprises (MSMEs) through innovative digital solutions.
The rapid growth of Superbank has been largely fueled by its seamless integration with the extensive digital ecosystems of Grab and OVO. Following the public launch of its application in June 2024, the number of active users surged dramatically from fewer than 20,000 in April 2024 to approximately 4 million by June 30, 2025.
Notably, 64.4% of Superbank’s total users were acquired directly through the Grab and OVO applications, highlighting the power of these strategic partnerships.
Entering 2024, Superbank further solidified its service offerings by launching a suite of advanced digital products, including:
- Saku by Superbank (a versatile savings account allowing up to eight separate sub-accounts).
- Celengan by Superbank (an automatic savings feature that rounds up daily transactions).
- Deposits with competitive interest rates.
- Pinjaman Atur Sendiri (PAS) (a flexible, unsecured digital loan solution).
Operational data for the company as of June 30, 2025, underscores its strong performance, showing 4.0 million digital deposit customers, total deposits reaching Rp 8.43 trillion, and loans disbursed amounting to Rp 8.85 trillion. Retail and MSME loans stood at Rp 6.05 trillion, while the Gross Non-Performing Loan (NPL) ratio was a healthy 2.70%, complemented by a robust Capital Adequacy Ratio (CAR) of 74.74%.
This comprehensive overview details the profile of Superbank, the dynamic digital bank gearing up for its IPO on December 17, 2025, with an ambitious target to raise Rp 3.06 trillion in fresh capital.
Summary
Superbank (PT Super Bank Indonesia Tbk) is preparing for an Initial Public Offering (IPO) under the ticker SUPA, aiming to raise up to Rp 3.06 trillion by offering 13% of its shares to the public. The initial offering price is set between Rp 525 and Rp 695 per share, with listing tentatively scheduled for December 17, 2025. Proceeds from the IPO will be allocated to working capital (70%) to bolster credit disbursement and capital expenditure (30%). As of June 2025, Superbank reported total assets of Rp 14.87 trillion and a net profit of Rp 20.50 billion.
Established in 1993 as Bank Fama International, Superbank transformed into a modern digital bank following acquisitions by Emtek Group, Grab, Singtel, and KakaoBank. Rebranded in 2023, it focuses on expanding credit access for retail customers and MSMEs, leveraging integration with the Grab and OVO digital ecosystems. Its active users surged to approximately 4 million by June 2025, driven by digital product offerings such as Saku, Celengan, and Pinjaman Atur Sendiri (PAS). The bank reported Rp 8.85 trillion in loans disbursed with a healthy Gross Non-Performing Loan (NPL) ratio of 2.70% as of June 30, 2025.
