Fundraising in IDX in 2023 to potentially hit its highest record
JAKARTA. The total amount of bonds and rights issue recorded by Indonesia Stock Exchange (IDX) until September 2023 reportedly reached IDR 126.4 trillion. Once the 28 companies in the pipeline carry out their IPOs this year, 2023 will be the year the highest record is made in stock listing in IDX.
Director of Corporate Evaluation of IDX, I Gede Nyoman Yetna, mentioned that as of September 29, 2023, there have been 79 securities issued by 51 debt security issuers worth IDR 89.1 trillion, while 26 companies have issued new shares worth a total of IDR 37.3 trillion. The board also records 19 securities from 14 issuers that, until the end of September 2023, are listed in the pipeline of securities’ issuance.
According to Nyoman Yetna, the IPO trend also remains strong and could potentially hit its highest record in 2023. Based on IDX data, there are still 28 companies queuing for their IPOs by the end of this year. (AM/ZH)