10 Issuers that IPOed on the IDX during 2022-2025 with the Highest Share Price Increases (February 6, 2026)

During the 2022-2025 period, 205 issuers conducted initial public offerings (IPOs) on the Indonesia Stock Exchange (IDX).

Of these issuers, as of February 6, 2026, the highest share price increase was achieved by PT Abadi Lestari Indonesia Tbk (RLCO).

RLCO conducted its initial public offering on December 8, 2025, with an IPO price of IDR 168 per share.

By the close of trading on February 6, 2026, RLCO's share price had reached IDR 6,750, a 3,918% increase compared to its IPO price.

Here is a list of the 10 listed companies listed on the stock exchange between 2022 and 2025 with the highest percentage increase in share price from their IPO to February 6, 2026:

1. PT Abadi Lestari Indonesia Tbk (RLCO)

• IPO Date: December 8, 2025
• IPO share price: Rp168
• Share price on February 6, 2026: Rp6,750
• Percentage increase in share price: 3,918%

2. PT Agro Bahari Nusantara Tbk (UDNG)

• IPO Date: October 31, 2023
• IPO share price: Rp100
• Share price on February 6, 2026: Rp2,050
• Percentage increase in share price: 1,950%

3. PT Arkora Hydro Tbk (ARKO)

• IPO Date: July 8, 2022
• IPO share price: Rp300
• Share price on February 6 2026: Rp6,125
• Percentage increase in share price: 1,942%

4. PT Remala Abadi Tbk (DATA)

• IPO Date: May 7, 2024
• IPO share price: Rp188
• Share price on February 6, 2026: Rp3,400
• Percentage increase in share price: 1,709%

5. PT Indokripto Koin Semesta Tbk (COIN)

• IPO Date: July 9, 2025
• IPO share price: Rp100
• Share price on February 6, 2026: Rp1,805
• Percentage increase in share price: 1,705%

6. PT Adaro Minerals Indonesia Tbk (ADMR)

• IPO Date: January 3, 2022
• IPO share price: Rp100
• Share price on February 6, 2026: Rp1,740
• Percentage increase in share price Shares: 1,640%

7. PT ITSEC Asia Tbk (CYBR)

• IPO Date: August 8, 2023
• IPO share price: Rp100
• Share price on February 6, 2026: Rp1,600
• Percentage increase in share price: 1,500%

8. PT Mora Telematika Indonesia Tbk (MORA)

• IPO Date: August 8, 2022
• IPO share price: Rp396
• Share price on February 6, 2026: Rp5,550
• Percentage increase in share price: 1,302%

9. PT Barito Renewables Energy Tbk (BREN)

• IPO Date: October 9, 2023
• IPO share price: Rp780
• Share price on February 6, 2026: Rp8,025
• Percentage increase in share price: 929%

10. PT Estee Gold Feet Tbk (EURO)

• IPO Date: August 8, 2022
• IPO share price: IDR 70
• Share price on February 6, 2026: IDR 635
• Percentage increase in share price: 807%