26 companies in line for IPO
JAKARTA. Until September 1, 2023, Indonesia Stock Exchange (IDX) reveals that there are 26 companies queuing for initial public offering (IPO).
Most of those issuers-to-be have total assets ranging from IDR 50 to IDR 250 billion. There are 7 companies with assets over IDR 250 billion and 4 companies with micro-scale assets of below IDR 50 billion.
Meanwhile, until last week, the total publicly listed companies in 2023 is 64 companies, collecting total raised funds of IDR 49.2 trillion.
With 26 companies in line, the total publicly listed companies this year are projected to reach 90 companies.
Based on segments, most of these issuers-to-be come from non-cyclical sector. Then, four of them reportedly originate from basic material sector. (KR/ZH)
