JAKARTA. Indonesia Stock Exchange (IDX) authorities reveals that 30 issuers have entered the pipeline for Initial Public Offering (IPO), and another 11 are lining up for rights issue as of September 20, 2024.

Then, 11 out of 30 companies in IPO pipeline reportedly owned jumbo assets amounting to over IDR 250 billion. Most of them are listed under non-primary consumer, energy, and industry sector.

For the rights issue queue line, most of the companies come from primary consumer sector, followed by financial, energy, and non-primary consumer sector.

Since the beginning of this year, 34 companies have debuted on IDX, raising total funds of IDR 5.15 trillion. Meanwhile, rights issue from companies have amassed proceeds of IDR 34.42 trillion in total. (KR/ZH)