Jakarta. The Indonesia Stock Exchange (IDX) reported that 15 companies were in the pipeline for initial public offerings (IPOs) as of April 30, signaling a potential pickup in listing activity in Southeast Asia’s largest economy.

IDX Corporate Valuation Director I Gede Nyoman Yetna said on Saturday that 11 of the prospective issuers are classified as large-scale firms, each holding assets exceeding Rp 250 billion ($14.4 million).

The remaining four companies fall into the medium-sized category, with asset values ranging between Rp 50 billion and Rp 250 billion, Nyoman said.

The IPO candidates span a broad range of sectors, including energy, finance, healthcare, infrastructure, and technology—reflecting diversified investor interest across Indonesia’s key growth industries.

So far this year, only one company has completed a listing on the IDX: BSA Logistics Indonesia, which raised approximately Rp 300 billion through its IPO.