26 Companies Queue for IPO on Indonesian Stock Exchange, Most with Large Assets

JAKARTA, Investotrust.id—The Indonesia Stock Exchange, or IDX, reported that 26 companies are currently in the initial public offering (IPO) pipeline, with the majority classified as large-scale firms having assets exceeding Rp 250 billion.

According to the IDX, as of mid-March 2025, 25 companies fall under the large asset category, while one company is categorized as medium-scale with assets ranging from Rp 50 billion to Rp 250 billion. Small-scale companies, with assets below Rp 50 billion, have not appeared in the IPO pipeline so far this month.

Director of Corporate Valuation at IDX, I Gede Nyoman Yetna, stated that by March 14, 2025, a total of 10 companies had successfully listed on the exchange, raising a combined Rp 3.88 trillion.

“Three companies from the basic materials sector, one from the cyclical consumer sector, six from non-cyclical consumer goods, three from energy, one from finance, and four from healthcare sectors have completed their IPOs this year,” Nyoman wrote in a press statement on Saturday.

He further detailed the sector distribution, noting additional IPO activities involving one infrastructure company, four industrial companies, one technology firm, and two transportation and logistics companies.

Meanwhile, up to March 14, 2025, there have been 23 issuances by 18 corporate bond and sukuk issuers, raising Rp 27.9 trillion. Additionally, two listed companies conducted rights issues during the same period, raising a total of Rp 470 billion.