Shares of Megapower Makmur (MPOW) surged 70% to Rp340 at morning trade today, the day of its trading debut. But the trading volume was very thin. The Company only listed 816.99 million shares on the Indonesia Stock Exchange (IDX) and started trading with market capitalization of Rp163.39 billion. Megapower only offered 245.1 million shares through the initial public offering (IPO), priced at Rp200, raising proceeds of Rp49 billion. Megapower engages in small-scale power plant business. Megapower booked net profit of Rp10.5 billion in 2016 on revenues of Rp59.27 billion. Its assets reached Rp350 billion and liability amounted Rp268.74 billion.