43 Companies Held IPOs on the Indonesia Stock Exchange This Year

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Reza Pahlevi 01/12/2021 16:00 WIB

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PT Jaya Swarasa Agung's IPO will bring the total number of initial public offerings this year to 43.

Number of Companies Conducting Initial Public Offerings

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43 Companies Held IPOs on the Indonesia Stock Exchange This Year

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Number of Companies Conducting Initial Public Offerings

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PT Jaya Swarasa Agung's IPO will bring the total number of initial public offerings (IPOs) this year to 43. Jaya Swarasa will use the trading code TAYS on the Indonesia Stock Exchange (IDX).

In 2020, 51 companies conducted IPOs, down from 55 in both 2019 and 2018.

The number of IPOs in 2017 was 37, up from 15 in 2016.

This year marks the first time a unicorn—a startup valued at over US$1 billion—has conducted an IPO on the IDX. PT Bukalapak.com was the first.

Bukalapak's IPO was also the largest in the IDX's history, raising Rp 21.9 trillion.

Editor : Annissa Mutia

"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."