GoTo Confirms Full Use of Rp13.5 Trillion IPO Funds After Three Years

PT GoTo Gojek Tokopedia Tbk (GOTO) confirmed that all funds raised from its 2022 initial public offering (IPO) have been fully used according to the company’s plans (18/01).

GOTO said the funds were allocated as outlined in its IPO prospectus and approved changes by the Extraordinary General Meeting of Shareholders on 18 June 2025.

IPO Raised Rp13.5 Trillion in Net Proceeds

GOTO Director Simon Tak Leung Ho reported that the total funds raised from the IPO reached Rp13.72 trillion, with Rp153.4 billion spent on issuance costs. The company recorded net proceeds of Rp13.5 trillion.

Allocation for Working Capital and Subsidiaries

From the net IPO funds, GOTO allocated Rp4.07 trillion for the company’s working capital.

Capital injections were also distributed to subsidiaries: Rp4.07 trillion to PT Tokopedia, Rp3.39 trillion to PT Dompet Anak Bangsa, and Rp678.7 billion to PT Multifinance Anak Bangsa.

The company allocated Rp300 billion to Velox Digital Singapore Pte. Ltd. and Rp508.61 billion to Go Viet Technology Trading Joint Stock as part of its capital investment strategy.

Stock Market Context

On 15 January 2026, GOTO shares closed at Rp68, down 1.45% from the previous session. Over the past five trading days, the stock still showed a 3.03% gain, and GOTO recorded the highest trading volume with 5.62 billion shares, representing 11.96% of total transactions on the Indonesia Stock Exchange.

PHOTO: KATADATA.CO.ID/GOTO

This article is a summary of two original articles. The full versions can be read at the following links:

https://www.idnfinancials.com/id/news/60491/dana-ipo-goto-rp13-5-triliun-ludes-setelah-3-tahun

https://stocksetup.kontan.co.id/news/anomali-goto-harga-saham-turun-saat-dana-ipo-rp-1373-t-sudah-habis

This article was created with AI assistance.

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