Jakarta, IDN Times – Mirae Asset Sekuritas Indonesia (MASI) is observing a significantly high level of enthusiasm among domestic retail investors for subscribing to or purchasing Initial Public Offering (IPO) shares. Prisa Ngadianto, Head of Retail Business Division at Mirae Asset Sekuritas, underscored this trend, noting a substantial volume of IPO share orders from Mirae’s clientele. “The enthusiasm is quite remarkable,” Prisa stated in Jakarta on Tuesday, April 14, 2026. “Looking back at last year, every time there was an IPO, we saw a considerable number of orders from our clients, especially retail investors. It appears some investors are actively seeking out these new offerings.” This highlights a robust appetite within the local investment community for newly listed companies.
According to Prisa, IPO shares are generally considered a secure investment for domestic retail investors, provided the underlying company boasts strong fundamentals and a viable business model. She emphasized, “As long as the fundamentals are solid and the business is robust, it’s essentially a safe bet for retail clients.” This perspective suggests that careful due diligence into the issuing company’s core strengths is paramount for minimizing investment risk.
Consequently, prospective listed companies demonstrating excellent fundamentals and a clear business trajectory are expected to be highly sought after by retail investors. Prisa asserted that investors are unlikely to abandon companies with strong financial health and transparent operations. “I believe if the fundamentals are good, our clients won’t leave. Investors will undoubtedly be keen to invest as long as the fundamentals are sound and the business is clearly defined,” she added. This keen interest underscores the market’s preference for quality and stability.
Furthermore, Prisa highlighted an increased sense of tranquility among retail investors, largely attributed to the comprehensive capital market reforms initiated by the Financial Services Authority (OJK) in collaboration with the Indonesia Stock Exchange (IDX) and the Indonesia Central Securities Depository (KSEI). She noted that various reforms, such as the mandatory disclosure of share ownership exceeding 1% in listed companies, are particularly beneficial for Mirae’s predominantly retail investor base. “Given that the majority of our clients at Mirae are retail investors, these reforms are truly advantageous. They significantly contribute to our clients’ peace of mind,” Prisa explained, emphasizing the positive impact of enhanced transparency and regulatory oversight on investor confidence within the domestic market.