IDX Adds Three Companies, Raising IDR53.88 Trillion in IPO Funds

IDX has accumulated IPO funds of IDR53.88 trillion this year as of Wednesday (8/11/2023), following the listing of three new companies: RGAS, MSTI, and IKPM.

Tim Redaksi

9 Nov 2023 - 23.34
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IDX Adds Three Companies, Raising IDR53.88 Trillion in IPO Funds

Illustration - Indonesia Stock Exchange building./Bisnis.

Bisnis, JAKARTA — The Indonesia Stock Exchange (IDX) has accumulated IPO funds of IDR53.88 trillion throughout this year as of Wednesday (8/11/2023), following the listing of three new companies, namely PT Kian Santang Muliatama Tbk. (RGAS), PT Mastersystem Infotama Tbk. (MSTI), and PT Ikapharmindo Putramas Tbk. (IKPM).

Iman Rachman, president director of IDX, said 74 companies have listed their shares on the exchange this year, raising funds of IDR53.11 trillion. With the listing of RGAS, MSTI, and IKPM, IDX’s total funds raised will reach IDR53.88 trillion, increasing the total number of listed companies on the exchange to 902.

Iman noted that most exchanges worldwide still see growth in the number of listings as of September 2023, albeit in the range of 1–3%. “The highest growth recorded in our exchange is at 7.9%,” said Iman during CEONetworking on Tuesday (11/7/2023).

According to EY Global IPO Trends for the third quarter of 2023, IDX ranks fifth globally in terms of the number of IPOs and seventh in terms of funds raised.

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IDX Adds Three Companies, Raising IDR53.88 Trillion in IPO Funds

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