Indonesia Stock Exchange (IDX): Listing Requirements and IPO Guide

Headquarters

Jakarta, Indonesia

Region

Asia-Pacific

Market Focus

Emerging Markets & Growth

Overview

The Indonesia Stock Exchange was formed in 2007 by merging the Jakarta and Surabaya stock exchanges. It has seen a large number of IPOs in recent years as domestic investor participation has grown rapidly.

Companies list on different boards depending on their size, track record and stage of development.

Known For

Banks, telecoms, consumer and natural resource companies
Coal, nickel and energy transition supply chains
A high number of IPOs among Southeast Asian exchanges
Rapid growth in retail investors

Listing Considerations

The Financial Services Authority (OJK) regulates the market
Free float requirements apply to listed companies
Rupiah currency exposure matters for foreign investors
Strong domestic demand for well-known consumer and banking names

Key Facts

Founded

2007 (Jakarta exchange from 1912)

Operator

PT Bursa Efek Indonesia

Regulator

Financial Services Authority (OJK)

Main Index

IDX Composite (IHSG)

Currency

Indonesian rupiah (IDR)

Trading Hours

Approx. 9:00 a.m. – 4:00 p.m. WIB, with a midday break

Market Segments

Main Board, Development Board, Acceleration Board, New Economy Board

Official website →

Listing Requirements

Main Board: established companies meeting profit and minimum net tangible asset or market value tests
Development Board: companies not yet profitable or still building a track record
Acceleration Board: small and medium-sized companies
Minimum free float at listing that scales with company size, and a minimum number of shareholders
Registration statement filed with OJK

Summary of IDX listing structure, checked November 2026. Detailed thresholds are set in IDX Rule I-A.

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Indonesia Stock Exchange (IDX)