Bisnis.com, JAKARTA — Authorities observed that the line for initial public offerings (IPOs) had surpassed the record set in 2023. Interestingly, this extensive lineup emerged despite the high market volatility.
The Financial Services Authority (OJK) reported that 97 companies had entered the IPO pipeline in the Indonesian capital market, surpassing the previous record of 79 IPOs in 2023. According to OJK, these 97 companies could potentially raise an estimated IDR 14.87 trillion. Notably, this substantial queue emerged despite ongoing fluctuations in the capital market.
