​The Company was founded in 1976 in the framework of Domestic Investment (DCI), later on, it became a public company in 1994 by offering 10,000,000 shares to the public in the Jakarta Stock Exchange. The Company's shares are traded on the Indonesia Stock Exchange under the ticker DVLA.

The composition of shareholders in 2017 is as follows:


​Total Shares

​Public ​100%
  • ​Majority :
    Blue Sphere Singapore Pte. Ltd*
  • ​Minorit​y :
    Other Public
  • ​Treasury Stock
* Blue Sphere Pte Ltd sold 6,000,000 shares through the Bourse on January 19, 2016, therefore the number of shares owned by minority shareholders became 84,124,388 shares or representing 7.54% as the Annual Report is published. As a consequence of merger between PT Prafa and Darya-Varia, the Company repurchased 4,074,700 shares from public.
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