Jakarta - The Indonesia Stock Exchange (IDX) has pocketed dozens of names of companies that plan to conduct an Initial Public Offering (IPO) or an initial public offering of shares on the IDX.

As of October 1, 2021, there are 24 companies in the IDX IPO pipeline.

IDX Director of Corporate Valuation, I Gede Nyoman Yetna, said 24 companies were in the IDX share listing pipeline. However, among the companies in the channel, there has been no addition to the number of companies or subsidiaries of SOEs.

"As of October 1, 2021, there are 24 companies in the IDX stock pipeline and two of them are SOEs subsidiaries," he said in a statement on Tuesday (5/10).

In terms of sector, the 24 companies were quite diverse, consisting of seven companies in the Consumer Cyclicals sector, five companies in the Consumer Non-Cyclical sector, and three companies in the Energy sector.

Then, there were two companies in the Basic Materials sector an