INDIGY Surges 80% on First Trading Day in Thai Stock Market

INDIGY Public Company Limited (mai: IDG) made its trading debut at 5.40 baht, an 80% increase from the IPO price of 3 baht in the Thai stock market. The highest price recorded was 5.60 baht, a 86% gain from its IPO.

IDG is a leading provider of comprehensive Digital Transformation services, distinguished by its end-to-end digital solutions covering Digital Consulting, Digital Integration, Digital Platform, Digital Academy, and Digital Market. Leveraging technological expertise through Microsoft and global partners, the company has gained the trust of more than 500 leading organizations, completing over 1,000 projects across various industries including financial institutions, technology, hospitals, food and beverage, and other industrial sectors.

In the first half of 2025, revenue from enterprise and corporate clients accounted for more than 84% of total revenue, reflecting a stable customer base. The company also has plans to expand regionally to raise its service standards to international levels, while continuously developing high-margin business segments.

The funds raised will be allocated towards research and development (R&D), expanding office and digital business service centers, as well as serving as working capital to enhance competitiveness in the rapidly growing digital era. The company targets to at least double its revenue by 2028.