OJK Reveals 61 IPO Plans Still in Pipeline Worth Rp 52.38 Trillion

The Financial Services Authority (OJK) has revealed that corporate enthusiasm for seeking alternative funding in the capital market remains quite high.

Hasan Fawzi, the Executive Head of Capital Market, Derivatives, and Carbon Exchange Supervision at OJK, stated that there are 6im planned public offerings in the pipeline with an integrative value of approximately Rp 52.38 trillion.

“Therefore, a high level of interest in fundraising to support corporate and government activities recorded this year is still noted,” he said at the Indonesia Stock Exchange (IDX) building in Jakarta on Tuesday (30/06/2026).

Meanwhile, the fundraising value so far in 2026 stands at Rp 81.09 trillion. This achievement is considered quite good amidst the conditions of uncertainty and challenges faced this year.

However, Hasan noted that capital market performance can be quickly tested when market confidence faces pressure. He stated that market developments throughout the first half of this year should serve as a reminder that good economic fundamentals alone are not always sufficient.

According to trading data as of 26 June 2026, the Jakarta Composite Index (IHSG) has undergone a deep correction of 31.81% year-to-date. At the same time, foreign investors recorded a net sell of Rp 71.68 trillion throughout the year.

“This dynamic confirms that confidence will always be the primary factor determining the direction of capital market movements in the region,” he revealed.

Consequently, Hasan mentioned that Indonesia must not only build a large and active capital market but also present an Indonesian capital market capable of building trust as the main foundation for the development of its entire ecosystem.

“This trust is not a task that can be completed through a single policy or by a single institution alone. Trust is the result of the consistency of the entire capital market ecosystem in maintaining its respective integrity,” he concluded.