Public Offering (Go Public)

In the initial stage, the company must conduct a public offering. Public offering (go public) is the activity of the company to obtain funds from public investors by selling stocks or bonds. Public offering by the issuer to sell securities to the public so that people from different walks of buying and holding stocks helped the company issuing the stock. By doing go public, the company gets the benefits are as follows:  
- Obtain substantial funds for business development and improve its capital structure, as they are received directly without going through the various stages (installments) 
- The shareholding spread in the community, the company is required to conduct its business in a transparent and professional that spurred the company to grow.
- Expand opportunities for people to invest by way of share ownership. 
- Better known by the public so that indirectly helped run promotional activity.Here are steps that must be done in the company's public offering went public.- The preparation stageCompanies that will issue shares prior to the General Meeting of Shareholders (AGM) to form a consensus among the shareholders in the context of a public offering of shares. Once agreed, issuers and underwriters to determine the supporting institutions and markets that include the following institutions.
  1. Underwriter, is a party to assist issuers in the issuance of shares. His job, among others, to prepare various documents, helped prepare the prospectus, and provide a blanket guarantee for publication.
  2. Public accountant (independent auditor), is in charge of the audit and examination of financial reports for issuers.
  3. Assessors, ie that the assessment of the company's fixed assets and determine the feasibility.
  4. Legal counsel (legal opinion) to help and give an opinion from the legal side.
  5. Notary in charge of making the figures amendments, the deeds of the agreement, and the minutes of the meeting

- Stage Registration Statement FilingFor issuers to register with the supporting documents furnished to Bapepam. Then Bapepam decided issuer meets the requirements or not.
- Phase Stock QuotesAt this stage issuers offer shares to public investors through agents designated sellers. In this stage the desire of investors to own shares are sometimes not met. For example, shares are released into the primary market of 150 million shares, while investors are interested in a number of 250 million shares. Investors who do not get to buy shares in the secondary market after the shares are listed on stock exchanges. 
- Phase Shares on the Stock Exchange Listing Once the shares offered in the primary market, then the securities are listed on the Indonesia Stock Exchange. Listing of shares can be done in the stock market.