{
    "success": true,
    "data": {
        "id": 2018490,
        "msgid": "far-from-target-only-seven-companies-have-listed-on-the-exchange-1791107501",
        "date": "2026-10-04 12:01:13",
        "title": "Far From Target: Only Seven Companies Have Listed on the Exchange",
        "author": " ",
        "source": "GALERT",
        "tags": "",
        "topic": "Finance",
        "summary": "The realisation of Initial Public Offerings (IPOs) on the Indonesia Stock Exchange (IDX) remains significantly below target, with only seven companies listed as of early October 2026. Despite the slow pace, the OJK anticipates further fund collection from upcoming debt securities and refinancing opportunities by the end of the year.",
        "content": "<p>The realisation of Initial Public Offerings (IPO) on the Indonesia\nStock Exchange (IDX) is still far from its target. As of 2 October 2026,\nonly seven companies have been recorded listing on the IDX through stock\nIPOs.<\/p>\n<p>According to IDX data, these seven companies successfully raised\nfunds amounting to Rp 2.16 trillion through their IPOs. Currently, there\nare seven companies in the IPO pipeline at the IDX.<\/p>\n<p>Of these seven prospective issuers, their assets are divided into\nthree categories based on POJK Number 53\/POJK.04\/2017. Two companies\nfall into the small-scale asset category, with assets below Rp 50\nbillion. Three companies have assets between Rp 50 billion and Rp 250\nbillion, while the remaining two fall into the large-scale asset\ncategory with assets exceeding Rp 250 billion.<\/p>\n<p>\u201cUp to this point, there are 7 companies in the IDX listing\npipeline,\u201d the IDX report stated, as quoted on Sunday (4\/10\/2026).<\/p>\n<p>The sectoral breakdown of these prospective public companies includes\ntwo companies in the energy sector, four in the healthcare sector, and\none in the industrials sector.<\/p>\n<p><strong>Five IPOs in the Pipeline Worth Rp 2.028\nTrillion<\/strong><\/p>\n<p>Meanwhile, the OJK previously revealed five companies in the IPO\nqueue. The total emission value of these five companies reaches Rp 2.028\ntrillion.<\/p>\n<p>\u201cFive companies, with an estimated emission of over Rp 2 trillion,\nspecifically Rp 2.028 trillion,\u201d said the Executive Head of Capital\nMarket Supervision, Derivatives, and Carbon Exchange at the OJK, Hasan\nFawzi, to reporters at the IDX Building, Jakarta, on Friday\n(2\/10\/2026).<\/p>\n<p>Hasan explained that the realised fund collection in the capital\nmarket to date has reached Rp 169.5 trillion. Furthermore, there is a\ntotal pipeline of public offerings for all investment instruments valued\nat Rp 27.61 trillion.<\/p>\n<p>Hasan estimates there is a potential for an additional fund\ncollection of approximately Rp 24 trillion by the end of the year. These\nfunds are expected to come from the issuance of debt securities and\nsukuk that are maturing and potentially undergoing refinancing.<\/p>\n<p>\u201cThis means there is still an opportunity for us to hope to reach the\ntarget figure of Rp 250 trillion,\u201d he explained.<\/p>\n<p><strong>2026 IPO Target<\/strong><\/p>\n<p>According to records, the IDX aims for a total of 555 securities\nlistings throughout 2026. This figure includes 50 new companies via IPO.\nFrom the investor perspective, the IDX targets an addition of 2 million\nnew Single Investor Identifications (SID).<\/p>\n<p>At present, only seven new companies have listed their shares on the\nIDX. These seven companies are PT BSA Logistics Indonesia Tbk (WBSA), PT\nNiramas Utama Tbk (JELI), PT Nitrasanata Dharma Tbk (JECX), PT Bach\nMulti Global Tbk (BACH), PT Esa Medika Mandiri Tbk (EMMI), PT Prodia\nDiagnostic Line Tbk (PRDL), and PT Rans Entertainment Indonesia Tbk\n(RANS).<\/p>\n<p>Meanwhile, the number of investors has grown to 31.9 million SID.\nInvestor growth is also claimed to be occurring consistently every\nmonth.<\/p>\n<p>\u201cIn the capital market industry five years ago, the number of\ninvestors in our capital market was 10 million. Today, the number of\ninvestors in our capital market is 31.9 million,\u201d said the President\nDirector of the IDX, Jeffrey Hendrik, in his remarks at the IDX Main\nHall, Jakarta, on Thursday (1\/10\/2026).<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/far-from-target-only-seven-companies-have-listed-on-the-exchange-1791107501",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}