What ONIX CAPITAL does

PT Onix Capital Tbk is a publicly listed Indonesian holding company (IDX: OCAP) founded in 1989 and headquartered in Jakarta Pusat. Originally incorporated as PT Piranti Ciptadhana Amerta, the entity underwent multiple name changes before adopting its current identity in 2011 and pivoting in May 2013 — via an Extraordinary General Meeting of Shareholders — from a securities brokerage and underwriting business into a consulting, business management, and administration services company. The parent operates with 1-10 employees and functions primarily as a holding vehicle over three wholly-owned subsidiaries: PT Onix Sekuritas (securities brokerage and underwriting, whose operations were suspended effective September 1, 2020), PT Onix Investama (health-sector consulting), and PT Menteng Medika Indonesia (operating healthcare clinics in various locations in Jakarta). The company's revenue model is a mix of investment-related income, management/administration fees, and clinic operating revenue, distributed through the Indonesia Stock Exchange as a publicly traded security and through direct B2B/B2C channels at the subsidiary level.

The company has been in structural decline: its core brokerage franchise was operationally suspended in 2020 with subsequent license revocation, parent-level headcount has shrunk to 1-10, and the entity announced a going-private transaction on January 12, 2024 accompanied by delisting-related shareholder meeting documents. Management is overseen by President Commissioner Hardjanto Adiwana and led by President Director Bagus Hananto, with an Independent Commissioner (Zainuddin Effendi) chairing the Audit Committee and a separate Corporate Secretary (Herani Kurnia) handling investor relations. The corporate footprint is entirely domestic — single country, Jakarta-centric — with no technology platform, patents, trademarks, or disclosed AI/data capabilities. Marketing is limited to statutory investor-relations channels (annual reports, financial reports, the corporate website).

Name

ONIX CAPITAL

Legal name

PT Onix Capital Tbk

Website

https://ocap.co.id

Company type

Public

Founded year

1989

Operating status

Operating

Headcount range

1–10 employees

Short description

PT Onix Capital Tbk (IDX: OCAP) is a Jakarta-based Indonesian public holding company that, after a 2013 pivot, operates general consulting services and healthcare clinics in Jakarta through subsidiaries PT Onix Investama and PT Menteng Medika Indonesia, while its brokerage arm PT Onix Sekuritas remains suspended.

Ownership category

akta.pro rank

Headquarters

HQ city

Jakarta Pusat

HQ country

Indonesia

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Others

Distribution channels1 record

Marketing channels3 records

Core offering

PT Onix Capital Tbk is an Indonesian investment holding company that delivers business consulting, management, and administrative services through its parent entity. Its operating subsidiaries include PT Onix Sekuritas (securities brokerage and underwriting), PT Onix Investama (health sector consulting), and PT Menteng Medika Indonesia (healthcare clinic operations across multiple Jakarta locations). The group derives revenue from consulting engagements and equity participation in its subsidiary companies, with the company publicly listed on the Indonesia Stock Exchange under ticker OCAP.

Product overview

ONIX CAPITAL is a financial services and investment company based in Indonesia, operating as a holding company with two main subsidiary entities: PT Onix Sekuritas (engaged in securities brokerage and underwriting) and PT Onix Investama (engaged in business, management, and administration consulting services, including health sector consulting). PT Onix Investama further operates through its subsidiary PT Menteng Medika Indonesia in the healthcare sector. The company does not appear to offer technology products or software services; rather, it provides traditional financial and consulting services.

Differentiator

Problem solved

Functional benefit

Products and services

• Business, Management, and Administrative Consulting Services Core service offering of PT Onix Capital Tbk covering business consulting, management, and administration advisory engagements, adopted as the company's primary business activity since May 2013.
• Securities Brokerage and Underwriting (PT Onix Sekuritas) Brokerage of securities traders and underwriting services delivered through wholly-owned subsidiary PT Onix Sekuritas; operations were suspended effective September 1, 2020 and the SPAB license was revoked.
• Health Sector Consulting Services (PT Onix Investama) Consulting services in the health sector delivered through wholly-owned subsidiary PT Onix Investama.
• Healthcare Clinic Operations (PT Menteng Medika Indonesia) Operating multiple clinics in Jakarta under subsidiary PT Menteng Medika Indonesia, delivering frontline healthcare services within the holding group's portfolio.

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves9 records

Expansion highlights3 records

Broad incumbents

• PT Panin Sekuritas: Indonesian securities brokerage and underwriting firm. Comparable to Onix Sekuritas's historical core business of securities trading and underwriting.
• PT Trimegah Sekuritas Indonesia: Established Indonesian securities brokerage and underwriting firm listed on IDX. Comparable to PT Onix Sekuritas's historical brokerage/underwriting business line, though operating at much larger scale.
• PT Mitra Keluarga Karyasehat: Indonesian listed hospital and clinic operator. Comparable as a domestic publicly listed healthcare operator with clinic-based service delivery, similar to PT Menteng Medika Indonesia.
• PT Siloam International Hospitals: Major Indonesian listed healthcare operator running clinics/hospitals across Jakarta and Indonesia. Comparable to PT Menteng Medika Indonesia's clinic operations, though at significantly larger scale.

Direct peers

• PT Victoria Investama: Indonesian listed investment holding company with brokerage and financial-services subsidiaries. Comparable given Onix's historical brokerage roots via PT Onix Sekuritas.
• PT Equity Development Investment: Indonesian listed investment holding company operating across multiple sectors. Comparable as a domestic listed investment/holding entity of similar scale and vintage.
• PT Nirvana Development: Indonesian publicly listed holding/development company with diversified subsidiaries. Comparable as a domestic listed holding entity of similar small-cap profile.
• PT Pool Advista Indonesia: Indonesian publicly listed micro-cap holding company with diversified subsidiaries and similarly small operational footprint. Comparable as a fellow IDX-listed shell/holding entity undergoing restructuring dynamics.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat2 records

Key risks7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ONIX CAPITAL