Throughout 2017, eight issuers listed on the Indonesia Stock Exchange (IDX). Among these eight new issuers, PT Nusantara Pelabuhan Handal Tbk achieved the largest initial public offering (IPO) value, at Rp 308.62 billion. This was followed by PT Bintraco Dharma Tbk with an IPO value of Rp 262.5 billion. The smallest IPO was by PT Sanurhasta Tbk, at Rp 27.56 billion. According to Financial Services Authority data, the eight issuers successfully raised Rp 973.78 billion in IPO funds.
Furthermore, 24 other prospective issuers are still in the process of listing their shares on the exchange this year. Therefore, it is estimated that more than 30 new companies will list on the exchange by the end of the year. Of these 24 companies, 15 are private companies and nine are subsidiaries of state-owned enterprises (SOEs). These prospective issuers operate in various business sectors, ranging from manufacturing, property, construction, electricity, multifinance, aviation, to modern retail.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy,
but please note that automated translations may contain errors or slight inconsistencies."