Indonesia Stock Exchange (IDX) is targeting about 66 new companies which will conduct an initial public offering (IPO) in 2025, an increased of 6.45 percent from 62 companies in 2024.
“The target is 66 new IPOs with newly added investors reaching 2 million new investors next year,” Iman Rachman, President Director of IDX, said on Monday, December 30, 2024.
Aditya Jayaantara, Deputy Commissioner for Capital Market Investment Management Supervisory and Securities Institution at the Financial Services Authority (OJK) said, the fundraising in the capital market reached Rp251.04 trillion (US$15.5 billion) from 187 public offerings, with 35 of them being new issuers until Friday, December 27, 2024. About 34 of them are stock issuers, and one other being issuers of Debt Securities and Sukuk (EBUS).
OJK cited the number of investors in the Indonesian capital market is increasing. Until Tuesday, December 24, 2024, the number of Single Investor Identification (SID) increased 21.77 percent or 14,817,376 SIDs, from 12,168,061 SIDs by 2023.
“The increase in the number of investors is the result of the success in money inclusion by all stakeholders,” Aditya said.
According to IDX, up until Friday, December 20, 2024 about 41 companies have conducted IPOs in IDX, and about 22 other companies are under IDX’s registration pipeline.
The following is the number of issuers currently queuing for an IPO based on their sector:
- 3 companies from the basic materials sector;
- 1 company from the primary consumer sector;
- 5 companies from the non-primary consumer sector;
- 3 companies from the energy sector;
- 2 companies from the financial sector;
- 3 companies from the health sector;
- 3 companies from the industrial sector;
- 0 companies from the infrastructure sector;
- 2 companies from the property and real estate sector;
- 0 companies from the technology sector;
- 0 companies from the transportation and logistics sector.
In regards with classification of assets, there is one small-scale company below Rp50 billion, two medium-scale companies with assets between Rp50-250 billion, and 19 large-scale companies with assets above Rp250 billion.
