OJK Hunts for IPO Candidates, Here's How
The Financial Services Authority (OJK) is continuing to hunt for potential companies to list on the Indonesia Stock Exchange (BEI) through initial public offerings (IPO). Hasan Fawzi, Chief Executive of Capital Market, Derivative Finance, and Carbon Exchange Supervision at OJK, stated that the authority is actively undertaking various efforts to encourage companies’ interest in conducting an IPO. These efforts are carried out through socialisation and education for prospective issuers in various regions, sectors, and business scales, including medium-sized companies with high growth potential. “These various efforts at the OJK and the Indonesia Stock Exchange are expected to strengthen fundamentals. We hope to once again garner company interest for IPOs,” Hasan stated during an OJK Board of Commissioners meeting press conference in Jakarta on Friday (5/6/2026). According to Hasan, the OJK routinely holds socialisation programmes and coaching clinics for companies interested in becoming issuers. In these activities, companies are given an understanding of the IPO process, the technicalities of share listing, and the various preparations required to become a public company. He explained that the OJK together with the Indonesia Stock Exchange are also running a regional company development programme towards IPO. The coaching clinic programme is aimed at increasing company readiness, particularly in terms of governance and the fulfilment of various requirements before obtaining a permit to list shares on the exchange. In addition, the OJK is also reviewing a number of policies related to public offerings in order to simplify the IPO process. However, this simplification is guaranteed not to reduce the quality of listed companies or the protection of investors. Hasan emphasised that company appetite to execute an IPO remains maintained to this day. This is reflected in the 14 companies that are still in the pipeline and have submitted registration applications to carry out an IPO this year.