Indonesia Stock Exchange Pipeline: Eight Companies Eye IPOs in Early 2026
Jakarta, Indonesia – The Indonesia Stock Exchange (IDX) currently has eight companies in the pipeline for Initial Public Offerings (IPOs), according to a recent assessment. The prospective listings span several sectors, with a focus on larger asset-based companies.
IPO Pipeline Composition
As of February 20, 2026, the IDX reports that five of the eight companies awaiting listing have assets exceeding IDR 250 billion (approximately US$15.6 million as of February 23, 2026). The remaining three companies fall into the medium-scale asset classification, with assets between IDR 50 billion and IDR 250 billion (approximately US$3.1 million to US$15.6 million).
Sector Breakdown
The companies in the IPO pipeline represent the following sectors:
- Basic Materials (2 companies)
- Consumer Non-Cyclicals (1 company)
- Energy (1 company)
- Industrials (1 company)
- Financials (2 companies)
- Transportation & Logistics (1 company)
Notably, no companies from the Consumer Cyclicals, Healthcare, Infrastructures, Properties & Real Estate, or Technology sectors are currently in the pipeline.
Funds Raised and Market Context
As of February 20, 2026, no IPOs have been completed, resulting in zero funds raised. However, the IDX continues to foster growth, having reached 956 listed companies by December 2025 Indonesia Stock Exchange. The Indonesian market capitalization accounted for 72% of its nominal GDP in 2025, and reached nearly US$1 trillion, making it the largest in ASEAN Indonesia Stock Exchange.
Recent Developments: Indonesia Carbon Exchange
In September 2023, former Indonesian President Joko Widodo inaugurated the Indonesia Carbon Exchange (IDXCarbon), managed by the IDX. This initiative supports Indonesia’s Nationally Determined Contribution (NDC) targets and facilitates carbon trading Indonesia Stock Exchange.
Looking Ahead
The IDX’s pipeline demonstrates continued interest in listing on the Indonesian stock market. The exchange’s growth, coupled with the introduction of IDXCarbon, positions Indonesia as a key player in the Southeast Asian financial landscape. Further developments in the IPO pipeline will be closely watched by investors and market participants.