Release Shares To Public, 26 Companies Get Rp19.2 Trillion

Indonesia Stock Exchange Building. (Angga Nugraha/VOI)

JAKARTA - The Indonesian capital market is a place for companies to get fresh funds. As has been done by 26 companies that released their shares to the public this year until July 19.

According to the Director of the Indonesia Stock Exchange (BEI) I Gede Nyoman Yetna, the 26 companies managed to raise Rp19.2 trillion in funds. Of course, this number will continue to grow.

The reason, said Nyoman, is that there are still around 37 companies that will sell their shares this year. "The value is still in the evaluation stage. It cannot be determined because there is no set price range," said Nyoman recently.

For information, IPO growth on the IDX continues to grow even though Indonesia is also facing the COVID-19 pandemic. In 2020, the number of new share listings reached 51 companies and rose to 54 companies in 2021.

Nyoman said, BEI became the Exchange with the largest number of IPO shares and became the first Exchange to list shares of Unicorn companies in the ASEAN region. In addition, the fundraised value of Rp62.6 trillion from the new listing of shares on the IDX in 2021 is the highest for an exchange in the ASEAN region.

"This achievement is also inseparable from the support and policies of the Government, the Financial Services Authority (OJK), the Exchange and other self-regulatory organizations (SROs) in order to create conducive capital market conditions in this dynamic period," Nyoman added.