Undeterred by IHSG Slump, 15 Prospective Issuers Queue for IPO

The Indonesia Stock Exchange (BEI) has confirmed that the initial public offering (IPO) pipeline is proceeding according to plan. Fifteen companies are currently queuing to be listed on the BEI.

BEI Director of Corporate Assessment, I Gede Nyoman Yetna, stated that the exchange is encouraging prospective issuers and underwriters to accelerate the submission of documents and responses to the regulator to prevent delays in the listing process.

“We are still on schedule, we have 15. The process is certainly ongoing, we monitor the progress daily,” Nyoman told the media at the BEI Building in Jakarta on Thursday.

Nyoman explained that these prospective issuers are in the IPO queue using financial reports for the December 2025 fiscal year. Consequently, the companies must list by July 2026 at the latest.

Coordinating Minister for Economic Affairs Airlangga Hartarto previously urged that fundraising in the capital market through IPOs be increased.

Airlangga reported that investment in the real sector reached Rp498.79 trillion in the first quarter of 2026, growing by 7.22%. Meanwhile, the number of workers absorbed was 706,000.

Alongside this, financing needs are projected to increase by Rp7,400 trillion in 2026 and Rp9,200 trillion in 2029. He noted that the private sector and the public, including the financial sector, would be the drivers.

Airlangga stated, “From the financial side, of course, the function of the capital market is to attract funds for IPOs. In this first quarter period, perhaps uncertainty is high, so this is still in the pipeline. The pipeline has not yet emerged. This may need to be pursued going forward because this is also an important sector.”