Record 36 IPO Waiting Lists, IDX Believes More Companies Raising Funds In The Capital Market

Indonesia stock exchange. (Photo: Doc. Antara)

JAKARTA - The number of new listed companies (issuers) on the Indonesia Stock Exchange (IDX) continues to grow. During this year until April 25, 2022, the number reached 19 issuers.

Of that amount, the total funds raised by issuers reached Rp. 18.3 trillion. This record makes IDX Director of Corporate Valuation I Gede Nyoman Yetna optimistic that more companies will raise funds in the capital market.

"Taking into account Indonesia's improving economic recovery and several capital market indicators which also show positive growth," Nyoman told reporters, Monday 9 May.

To ensure that hope is realized, Nyoman said, IDX seeks to provide convenience for all levels of companies to be able to raise funds in the capital market. Based on the current stock pipeline data, the company's interest in being able to raise funds in the Indonesian capital market is relatively conducive.

"Several conveniences and relaxations have been provided for all levels of the company which have been realized through various regulatory adjustments and the preparation of studies related to the share listing mechanism," Nyoman added.

That way, IDX believes that all of these positive things will contribute to optimism that this year will be better than the previous year.

In addition to the 19 new listed issuers, Nyoman said there are still 36 companies in the IDX stock listing pipeline. Of that number, six of them are small-scale asset companies (assets below IDR 50 billion), 14 medium-scale asset companies (assets between IDR 50 billion to IDR 250 billion), and 16 large-scale asset companies (assets above IDR 250 billion).

By sector, there are two companies from the basic materials sector, two companies from the industrial sector, three companies from the transportation and logistics sector, seven companies from the consumer non-cyclicals sector, and seven companies from the consumer cyclicals sector.

In addition, there are also two companies from the technology sector, two companies from the healthcare sector, three companies from the energy sector, three companies from the property & real estate sector, and five companies from the infrastructures sector.