IDX: Rp187 Trillion Needed to Meet 15 Per Cent Free Float Requirement

Jakarta (ANTARA) - The Indonesia Stock Exchange (IDX) has disclosed that 267 listed companies require the market to absorb up to Rp187 trillion in funds to meet the minimum free float threshold of 15 per cent.

IDX Director of Company Assessment I Gede Nyoman Yetna stated that the 267 issuers currently meet the minimum free float requirement of 7.5 per cent but have yet to satisfy the 15 per cent threshold.

“The potential additional market capitalisation from these 267 listed companies that must be absorbed by the market to meet the 15 per cent free float is approximately Rp187 trillion,” Nyoman told reporters in Jakarta on Thursday.

Free float refers to the portion of a company’s shares available for public trading on the stock market.

The IDX currently records that 894 listed companies have fulfilled the public shareholding obligation with a minimum free float of 7.5 per cent of total listed shares.

However, the exchange noted that 49 issuers have yet to meet the 7.5 per cent minimum free float requirement. Of these, 18 companies have submitted their Monthly Share Ownership Registration Reports (LBRE) but have not met the free float and/or shareholder number requirements.

A further 31 companies failed to submit their LBRE as of 31 December 2025 and were therefore deemed non-compliant due to the absence of data available for the exchange to review.

The data is based on the LBRE as of 31 December 2025, communicated by the IDX through Announcement Number Peng-S-00006/BEI.PLP/02-2026.

The IDX, together with the Financial Services Authority (OJK), will soon adjust the free float threshold from the current 7.5 per cent to 15 per cent, with implementation targeted for March 2026.

“Implementation of this regulatory adjustment is planned for the forthcoming March 2026,” said IDX Corporate Secretary Kautsar Primadi Nurahmad.