Influence of Company Age, Profitability and Financial Leverage on Underpricing Shares in the Initial Public Offering 2019 on Indonesia Stock Exchange

Researchers want to analyze and obtain empirical evidence on the influence of age and financial ratios.  The population included in this study was companies that IPO in IDX period 2019 totaling 54 companies. The data type used is secondary data with SPSS 24.0 applications. The results showed that the company's age, profitability, financial leverage significantly influenced the underpricing of shares in the IPO in IDX period 2019.