Indonesia Investments added the company profile of Trans Power Marine in the Indonesian companies section. Trans Power Marine (TPMA) is a listed Indonesian shipping company that engages in the transport of bulk goods, in particular coal. Although coal prices have plunged in recent years, the financial performance of Trans Power Marine was relatively unaffected because most of the company's customers are end-users. The company conducted its initial public offering (IPO) in February 2013.

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The Financial Services Authority of Indonesia (Otoritas Jasa Keuangan, abbreviated OJK) is studying the possibility to raise the minimum ratio of shares that has to be offered to the public for an initial public offering (IPO) to 30 percent. Currently, a company that conducts an IPO on the Indonesia Stock Exchange (IDX) needs to offer at least 10 percent of its enlarged capital to the public. Previously, the stock exchange had suggested to raise the minimum ratio to 20 percent. However, the OJK seems eager to push the boundary higher.

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Grand Kartech, an Indonesian engineering and manufacturing company, will be listed on the Indonesia Stock Exchange (IDX) today (08/11). The company offers 163.64 million shares to the public through its initial public offering (IPO). The stock price that was set for the IPO amounts to IDR 275 (USD $0.024) per share and the company expects to reap IDR 45 billion (USD $4.0 million) through this corporate action. Demand for Grand Kartech's shares has been high as the IPO is oversubscribed almost 44 times.

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Sawit Sumbermas Sarana, a subsidiary of palm oil plantation company Citra Borneo Indah, plans to release 15.7 percent of its shares (1.5 billion shares) to the public through an initial public offering (IPO). The IPO will be conducted in November 2013. The book building takes place between 7 and 20 November and the official listing on the Indonesia Stock Exchange is scheduled for 12 December 2013. The underwriters of the IPO are BNP Paribas Securities, Mandiri Sekuritas and RHB OSK Securities.

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Blue Bird, the biggest taxi operator of Indonesia, aims to raise IDR 5 trillion (USD $450 million) through an initial public offering (IPO) on the Indonesia Stock Exchange, which is expected to be conducted in November 2013. This would make it the largest Indonesian IPO since food producer Indofood CBP Sukses Makmur raised USD $696 million in 2010. Blue Bird allegedly appointed Credit Suisse, UBS and Danareksa Sekuritas to act as underwriters. It has been speculated that the company will sell 20 to 40 percent of its stock equity.

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The Indonesia Stock Exchange expects that 30 companies will conduct their initial public offering (IPO) on the Indonesia Stock Exchange (IDX) in 2014. This target is the same as the target that had been set for this year. Next year, legislative and political elections in Indonesia will bring some uncertainties to the Indonesian market and may be a reason for some companies to postpone the IPO. Up to now, six companies have announced to conduct their IPO in 2014. In 2013 so far, 25 companies have been newly listed on the IDX.

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The government of Indonesia expects to list two state-owned enterprises on the Indonesia Stock Exchange (IDX) in 2014. Minister of State-Owned Enterprises Dahlan Iskan announced that the two companies involve Perkebunan Nusantara III and Perkebunan Nusantara IV. The main reason behind conducting the initial public offerings (IPOs) is to reap funds for further expansion. The IPO plan needs to be approved first by the Privatization Committee, under the wings of the Ministry of Economy, and then by the House of Representatives (DPR).

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SidoMuncul Herbal, Indonesia´s largest herbal medicine producer, is expected to conduct an initial public offering (IPO) on the Indonesia Stock Exchange (IDX) in the fourth quarter of 2013. The company, established in 1951, is a fully-modernized herbal company that strives to produce and market products that support the people´s health and well-being. The company will release 20 percent of its shares on the IDX and targets to raise IDR 1.5 trillion (USD $130 million). Kresna Securities acts as underwriter for the IPO.

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The company profile of the Blue Bird Group has been updated in the Indonesian Companies' section. The Blue Bird Group is Indonesia's largest taxi operator with a current fleet size of about 26,000 taxis. The company is planning to conduct its initial public offering (IPO) on the Indonesia Stock Exchange (IDX) in the fourth quarter of 2013, through which it aims to raise over USD $600 million. It has been reported that Credit Suisse, Rothschild and UBS will act as underwriters. Funds will be used for expansion and rejuvenation of its taxi fleet.

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The Financial Services Authority of Indonesia (OJK or Otoritas Jasa Keuangan) announced that six more Indonesian companies are planning to conduct their initial public offering (IPO) on the Indonesia Stock Exchange (IDX) in 2013. The OJK is currently processing the applications, which should see the listings materialize in Q4-2013. One company that was expected to conduct its IPO, but postponed, was Puradelta Lestari. The company was not willing to conduct the IPO in the midst of current bearish market conditions in Indonesia.

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On 24 February 2023 Pertamina Geothermal Energy made its trading debut on the Indonesia Stock Exchange (IDX) after concluding its initial public offering (IPO) – in which it sold 10.35 billion shares (which is equivalent to 25 percent of its enlarged share capital, including a 10 percent free float on the IDX) at an offering price of IDR 875 per share.

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Indonesia’s benchmark stock index (Jakarta Composite Index, or IHSG) grew 10.08 percent in full-year 2021, a good performance after a volatile and highly uncertain 2020 when the COVID-19 crisis emerged. At around 6,580 points on the first trading day of 2022, the index remains at near-record high territory (with the record being set recently, in mid-November 2021, at around 6,750 points).

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Despite the challenging conditions, Indonesian cement producer Cemindo Gemilang decided to offer 2.71 billion shares, equivalent to 15.0 percent of the company’s total shares, to the public through an initial public offering (IPO) on the Indonesia Stock Exchange (IDX). With the IPO price set at the range of 600-800 per share, the cement producer eyes to collect around IDR 1.89 trillion (approx. USD $133 million) through this corporate move.

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On Monday 17 June 2019, Bali Bintang Sejahtera (Bali United) became the first football club in Indonesia – reportedly even the first football club in the Southeast Asian region – to conduct an initial public offering (IPO) on the stock market.

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In 2018 a total of 57 companies made their trading debuts on the Indonesia Stock Exchange (IDX). To see 57 Indonesian companies conducting their initial public offering (IPO) on the IDX within 12 months only is a remarkable achievement and a significant increase from 37 IPOs in 2017, and 14 in 2016. It is in fact the biggest number of IPOs for Indonesia since the year 1992. Moreover, big appetite for Indonesian companies to go-public in 2018 is particularly remarkable considering there was plenty of uncertainty lurking about in global and domestic markets.

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Indonesian construction company Trimitra Propertindo made its trading debut on the Indonesia Stock Exchange on Thursday (23/08). The company is the 33rd company that has completed its initial public offering (IPO) on the local bourse so far in 2018. There are now a total of 597 listed companies in Indonesia.

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Madusari Murni Indah, an Indonesia-based company that is engaged in the production of ethanol and carbon dioxide gas (CO2), plans to set its share price in the range of IDR 500 - 600 a piece for its initial public offering (IPO) on the Indonesia Stock Exchange.

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On Monday (09/07) three companies made their trading debuts on the Indonesia Stock Exchange. So far this year a total of 26 companies have completed their initial public offering (IPO) on the Indonesia Stock Exchange. And considering there are still almost six more months to go in 2018 - while various IPOs are in the pipeline - it should become a very good year for IPOs in Indonesia.

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Indonesian retailer MAP Aktif Adiperkasa made its trading debut on the Indonesia Stock Exchange on Thursday (05/07) after successfully having completed its initial public offering (IPO). The company offered 427.6 million new shares, equivalent to 15 percent of the company's total share capital, to the public at a price of IDR 2,100 a piece, hence raising IDR 897.9 billion (approx. USD $63 million). Indo Premier Sekuritas acted as underwriter for the IPO.

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In the already busy initial public offering (IPO) month of May, two more companies were added to the Indonesia Stock Exchange on Wednesday (23/05): (1) Sarimelati Kencana, the operator of the Pizza Hut chain in Indonesia, and (2) Guna Timur Raya, an integrated logistics solutions provider. This brings the total number of IPOs in Indonesia so far in 2018 to 16. In May alone a total of seven companies made their trading debut on the Indonesia Stock Exchange. Thus, Indonesia is on track to set a new record in terms of IPO realizations this year.

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