JAKARTA. The Financial Services Authority (OJK) revealed that as many as 79 companies have entered the Initial Public Offering (IPO) pipeline or queue.

Inarno Djajadi, Chief Executive of the OJK Capital Market, Finance and Carbon Exchange Supervision, said that as of June 28, 2024, the amount of funds raised from the IPO of shares, bonds and rights issues was recorded at IDR 120 trillion. Some of them came from the IPO of 25 new issuers.

"Fundraising in the capital market is still in a positive trend," said Djajadi, in a press conference Monday (9/7) yesterday.

Meanwhile, details of the fundraising value of 79 companies in the IPO pipeline, with a target of raising funds of IDR 11.08 trillion. Then there are 7 companies that will hold a Limited Public Offering (PUT) with a total value of IDR 3.88 trillion, 10 debt and sukuk securities (EBUS) offerings with a value of IDR 7.76 trillion, and 10 advanced PUB EBUS worth IDR 7.30 trillion.

Thus, the potential fund raised in the capital market is estimated at IDR 30.02 trillion. (KR/LM)