The Indonesian Stock Exchange (BEI) said there were 30 companies queuing to conduct an initial public offering (IPO) as of December 29, 2023. Nine of them have huge assets of more than Rp250 billion. As of December 29 2023, there were 79 companies listed on the IDX, with funds raised of Rp54.14 trillion. Meanwhile, 30 companies are in the IDX listed company pipeline. Of the 30 companies, 9 companies were companies with large-scale assets with an asset value of more than Rp250 billion.