DCI Indonesia Shares Surge 19.97%, Hit Upper Auto Reject Limit

Shares of PT DCI Indonesia Tbk (DCII) soared 19.97%, hitting the upper auto reject (ARA) limit at IDR 80,650 during trading on Friday, February 22, 2025.

Throughout the session, a total of 74.70 million DCII shares were traded across 397 transactions, with a total transaction value of IDR 5.95 billion.

This surge extends DCII's ARA streak since February 19, 2025. Over the past week, the stock of this data center company, owned by Otto Toto Sugiri, has skyrocketed 71.60%.

Stock Split Speculation Fuels DCII's Rally

The sudden spike in DCII stock followed remarks from PT DCI Indonesia Tbk’s President Director, Otto Toto Sugiri, regarding the possibility of a stock split.

"We are currently exploring the possibility of a stock split," Otto stated at the IDE Katadata 2025 event on Tuesday, February 18, 2025.

Stock Price Soars 19,102% Since IPO

PT DCI Indonesia Tbk (DCII) officially debuted on the Indonesia Stock Exchange (IDX) on January 6, 2021, approximately four years ago. At the time of its initial public offering (IPO), the stock was priced at IDR 420 per share.

Now, DCII’s stock has surged by an astonishing 19,102% since its IPO. Investors who held onto their shares since the beginning have seen extraordinary returns.

Previously, Otto Toto Sugiri revealed the reasons behind DCII’s massive price surge beyond its IPO value.

Speaking on the YouTube channel "Helmi Yahya Bicara", Otto explained that DCII’s strong future growth potential as a data center company is a key driver behind the stock's surge.

Additionally, he admitted that during the IPO, DCII intentionally set a very low initial price.

"It was my first IPO. I told myself that I didn’t want investors to lose money, so we sold it at a very low price. That was one of the main reasons. I wanted to protect our reputation and ensure that investors wouldn’t suffer losses," he said in the interview.

Furthermore, Toto Sugiri highlighted that the data center industry still has few players, positioning DCII as one of its pioneers.

"We are among the pioneers who recognized the growing demand for data centers, both in Indonesia and globally," he concluded.

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