Home » Business » Indonesian Stock Exchange Reveals 29 Companies in IPO Pipeline

Indonesian Stock Exchange Reveals 29 Companies in IPO Pipeline

Romys Binekasri, CNBC Indonesia

Market

Monday, 18/09/2023 17:05 IWST

Photo: Digital screen of the movement of the Composite Stock Price Index (IHSG) at the Indonesia Stock Exchange Building, Jakarta, Wednesday (10/5/2023). (CNBC Indonesia/Muhammad Sabki)

Jakarta, CNBC Indonesia – The Indonesian Stock Exchange (BEI) revealed that there are 29 companies that will soon conduct initial public offerings (IPO). A number of these companies are already in the IDX share listing pipeline.

IDX Company Valuation Director I Gede Nyoman Yetna said, as of September 15 2023, 66 companies had listed their shares on the capital market with accumulated funds of IDR 49.4 trillion.

“To date, there are 29 companies in the IDX share listing pipeline,” he told reporters, quoted Monday (18/9).

He detailed that the classification of company assets currently in the pipeline refers to POJK Number 53/POJK.04/2017, 8 large-scale asset companies or assets above Rp. 250 billion, 18 medium-scale asset companies or assets between Rp. 50 billion to Rp. 250 billion. billion, and 3 companies with small scale assets or assets under IDR 50 billion.

As for the sector details, 5 companies are from the basic materials sector, 3 companies are from the critical consumer sector, 6 companies are from the non-critical consumer sector, 2 companies are from the energy sector, 2 companies are from the health sector, 2 companies are from the industrial sector.

Furthermore, 3 companies from the infrastructure sector, 1 company from the property and real estate sector, 3 companies from the technology sector, and 2 companies from the transportation and logistics sector.

Watch the video below:

Thin Capital & Tight Liquidity, Is GRIA IPO Worth Buying?

(fsd/fsd)

2023-09-18 10:05:01
#Announcement #Investors #Prospective #Jumbo #Asset #Issuers #IPO

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.