IDX Says There Are 19 Jumbo Asset Companies Queue For IPO

IDX (Photo: Antara)

JAKARTA - PT Bursa Efek Indonesia (IDX) noted that 19 large-scale rice companies are in line (pipeline) to hold an Initial Public Offering (IPO) in the Indonesian capital market.

Quoting Antara, a total of 19 companies were categorized as large-scale rice fields with assets above Rp250 billion, referring to the Financial Services Authority Regulation (POJK) Number 53/POJK.04/2017.

IDX Director of Corporate Assessment I Gede Nyoman Yetna explained that in total there are 20 companies in the queue to hold an IPO in the Indonesian capital market.

In the queue, as many as 19 large-scale rice fields and one medium-scale rice company between Rp50 billion to Rp250 billion.

In terms of sectors, in the IPO queue there are six primary consumer goods sector companies, four industrial sector companies, and three energy sector companies.

Then, three health sector companies, two raw goods sector companies, one financial sector company, and one transportation & logistics sector company.

As of February 14, 2025, eight companies have held IPOs in the Indonesian capital market, with funds raised reaching IDR 3.70 trillion.

In the same period, 13 emissions from 11 issuers of Debt and Sukuk (EBUS) securities have been issued with funds raised worth IDR 15.3 trillion.

Until that period, there were 15 emissions from 12 EBUS publishers who were in line (pipeline) to issue EBUS emissions.

Meanwhile, for the rights issue, as of February 14, 2025, there have been two companies that have carried out rights issue with a total value of IDR 470 billion.

In the queue, there are as many as seven companies that will hold a rights issue in the Indonesian capital market, consisting of three companies in the raw goods sector, two energy sector companies, and two health sector companies.