Jakarta. Nine companies remain in the pipeline to go public on the Indonesia Stock Exchange as the year draws to a close, reflecting continued interest in Indonesia’s equity market despite year-end timing.

The pipeline suggests that Indonesia’s IPO market remains active, with a diverse mix of sectors preparing to tap public capital even as the calendar year comes to an end.

I Gede Nyoman Yetna, the exchange’s director of company valuation, said about one-third of the prospective issuers operate in the financial sector. “As of now, there are nine companies in the IDX share-listing pipeline,” Nyoman said on Thursday.

Beyond the three financial firms, the remaining candidates include two companies in the basic materials sector and one company each in energy, industrials, technology, and logistics.

In terms of scale, six of the nine companies have assets exceeding Rp 250 billion. One firm holds assets in the Rp 50 billion–Rp 250 billion range, while two are classified as small-scale issuers with assets below Rp 50 billion.

As of Dec. 24, 2025, the IDX has recorded 26 initial public offerings this year, raising a combined Rp 18.11 trillion, or about $1 billion, according to exchange data.

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