Key insights and market outlook
The Financial Services Authority (OJK) is overseeing 16 initial public offerings (IPOs) planned for 2025. As of November 2025, Rp238.68 trillion has been raised through public offerings, exceeding the Rp220 trillion target for the year. OJK's Head of Capital Market Supervision, Inarno Djajadi, stated that corporate fundraising in the capital market remains strong.
The Financial Services Authority (OJK) has confirmed that it is currently overseeing a pipeline of 16 initial public offerings (IPOs) planned for 2025. According to Inarno Djajadi, Head of Capital Market Supervision at OJK, corporate fundraising in the capital market remains robust. As of end-November 2025, the total value of public offerings by corporations reached Rp238.68 trillion, surpassing the annual target of Rp220 trillion set for 2025.
The strong performance in the capital market is evident from the significant amount raised through public offerings. By the end of November 2025, the total fundraising figure had reached Rp238.68 trillion, representing an increase of approximately Rp3.89 trillion compared to the previous month. This achievement demonstrates the continued confidence of corporations in utilizing the capital market for their funding needs.
The OJK's disclosure of 16 companies in the IPO pipeline for 2025 indicates a positive outlook for the capital market. With the 2025 fundraising target already exceeded, the OJK's oversight will be crucial in ensuring that these IPOs are executed smoothly, maintaining investor confidence and supporting corporate growth.
IPO Pipeline Disclosure
Capital Market Fundraising Achievement