After 33 Years, The Indonesian Capital Market Sets The Most IPO Records Of All Time

Indonesian capital market (Photo: dock. Antara)

JAKARTA - PT Bursa Efek Indonesia (IDX) recorded the most new record for listing shares or IPOs in history in a period of one year.

The current listing is 68 records with total proceeds of funds reaching Rp49.60 trillion.

This number surpassed the previous record for listing the initial shares 33 years ago, namely in 1990 which was 66 initial share records, according to a statement received in Jakarta, Friday.

The last two listings of initial shares on Friday, October 6 increased the number of listed companies on the Indonesian capital market to 892 companies.

This recording record further strengthens the IDX's consistent position as the stock exchange with the highest number of initial shares recorded in Southeast Asia (ASEAN) since 2018.

Judging from the type of business, 68 companies recorded only in 2023 were dominated by the non-primary consumer goods sector as many as 12 registered companies, as well as the technology sector and the primary consumer goods sector as many as 9 companies.

Then, the industrial sector and property sectors as many as 8 companies were recorded, respectively.

In terms of business scale, the majority of companies recorded only in 2023 managed to take the floor on the Development Board of 34 companies, then on the Main Board a total of 19 companies, and on the Acceleration Board a total of 15 companies.

As of October 6, 2023, there are still 28 companies in the pipeline (antrian) for the initial listing of shares on the IDX from the primary consumer goods sector as many as 6 companies, the energy sector as many as 5 companies, and the raw goods sector as many as 4 companies.

Of the 68 companies recorded only in 2023, 86.7 percent of companies were recorded as coming from the western part of Java Island, namely 42 companies located in DKI Jakarta, as many as 9 companies located in Banten. and as many as 8 companies located in West Java.

The IDX hopes that more companies will entrust their growth and development through funding in the Indonesian capital market from various sectors and corporate sizes.

This record achievement achievement is the result of IDX efforts with the Financial Services Authority and Self-Regulatory Organizations (SRO), and other supporting professions that always increase capital market inclusion in Indonesian society by always prioritizing quality and compliance aspects.

Currently, the IDX has been present through representative offices in 30 cities spread from Sabang to Merauke which are tasked with assisting companies throughout Indonesia in accelerating the company's growth through public offerings and listing shares on the IDX.