Shares of property devloper PT Cahayasakti Investindo Sukses Tbk (CSIS) gained 50% to Rp450 per share on its trading debut this morning. It has offered 207 million shares through the initial public offering (IPO), at price of Rp300, raising total proceeds of Rp62.1 billion. CSIS listed 1.3 billion shares on the Indonesia Stock Exchange (IDX). CSIS booked net profit of Rp7.04 billion in Jan-Oct 2016 period on revenues of Rp53.8 billion. Its assets reached Rp258.3 billion while liability amounted Rp136.9 billion.