In 2016, OJK and IDX officially confirmed to ease the requirements for listing in Indonesia Stock Market and promoted Indonesia Stock Market actively with a campaign ‘Yuk, Nabung Saham’. Based on the efforts, single identification number (SID Number) increased almost 2 times from 2016 to 2017 and the companies started to raise capital by doing IPO aggressively. Especially, small and medium companies started to be listed in Indonesia Stock Market to raise funds and the number of property companies were remarkable due to government policy to limit financing to buy landbank from bank side.

In Indonesia IPO Market, there are two things that you need to know. First of all, the averaged profit after three months from the listing date was about 240%(+/-) from offering price. Second, its daily-averaged transaction valuation was significantly small to do exit. Based on our research comment, it is because of the lack of recognition on the capital market and high deposit-interest from banks.


(Source: Indonesia Stock Exchange, NH Korindo Research Center)