Record Number of Listings Expected at the Indonesia Stock Exchange After 33 Years

Based on data from the Indonesia Stock Exchange (IDX) processed by the Central Bureau of Statistics (BPS), the number of listed companies or issuers on the Indonesian stock exchange has been consistently increasing.

In May 2023, there were 864 companies seeking capital on the stock exchange. This number increased to 868 companies in June 2023.

In July 2023, the number of listed companies increased by 10 to 876. The following month saw a significant increase of 12 companies, bringing the total to 888. This August 2023 figure is the highest since the beginning of 2023.

(Also read: [Number of Issuers on the Indonesia Stock Exchange Frequently Increases Throughout January-May 2023](https://databoks.katadata.co.id/datapublish/2023/06/26/jumlah-emiten-di-bursa-efek-indonesia-kerap-meningkat-sepanjang-januari-mei-2023))

Citing *Katadata*, this consistent increase in listed companies is expected to break a new all-time high record. Two prospective issuers are scheduled to list their shares on Friday, October 6, 2023.

"Therefore, this number has surpassed the highest number of company listings in the exchange's history, which was 66 companies in 1990," said I Gede Nyoman Yetna, Director of Company Valuation at the IDX, on Saturday, September 30, 2023.

These two issuers will become the 67th and 68th listed companies on the IDX in 2023. They are PT Kokoh Exa Nusantara Tbk (KOCI) and PT Sumber Sinergi Makmur Tbk (IOTF).

The IDX also calculated that, from the 66 companies that have listed shares on the exchange, Rp494 trillion in funds had been raised as of September 29, 2023.

However, the IDX has not yet revealed the record for funds raised this year. "Wait until December," said Nyoman.

Furthermore, based on the IDX pipeline data, there are 28 prospective listed companies or issuers planning to conduct initial public offerings (IPOs) on the exchange by the end of 2023.

The following is a classification of the assets of the companies currently in the pipeline, referring to POJK Number 53/POJK.04/2017, compiled by *Katadata*:

* 2 Companies with small-scale assets (assets below Rp50 billion)
* 17 Companies with medium-scale assets (assets between Rp50 billion and Rp250 billion)
* 9 Companies with large-scale assets (assets above Rp250 billion)

The following is a breakdown by sector:

* 5 companies from the non-cyclical consumer sector
* 4 companies from the technology sector
* 4 companies from the basic materials sector
* 4 companies from the energy sector
* 3 companies from the cyclical consumer sector
* 3 companies from the infrastructure sector
* 2 companies from the industrial sector
* 1 company from the property and real estate sector
* 1 company from the healthcare sector
* 1 company from the transportation and logistics sector
* 0 companies from the financial sector

In addition, the IDX also recorded a share volume of 427.79 billion shares in August 2023. This figure is up from 347.31 billion shares in July 2023.

(Also read: [Top 10 Issuers by Market Capitalization at the End of August 2023, BCA Soars](https://databoks.katadata.co.id/datapublish/2023/08/29/10-emiten-dengan-kapitalisasi-pasar-terbesar-akhir-agustus-2023-bca-melejit))