The year 2025 marks a significant phase for business development in Indonesia, particularly in the context of Initial Public Offerings (IPOs). After navigating through a period of global uncertainty driven by geopolitical tensions and fluctuating interest rates in previous years, the national business climate is beginning to show signs of greater stability. Amidst ongoing economic recovery, IPOs are once again becoming an attractive strategy for local companies seeking to strengthen their capital structure and enhance market visibility.
Indonesia’s macroeconomic stability is the main foundation for this promising IPO outlook. The government has successfully maintained steady economic growth, supported by increased investment, infrastructure spending, and resilient household consumption. At the same time, adaptive fiscal and monetary policies have helped create the legal and market certainty needed by businesses to make strategic decisions such as going public. As investor confidence improves, the capital market in Indonesia is seeing growing interest from both institutional and retail investors.
The dynamics of certain sectors also shape this year’s IPO trends. Technology companies—particularly those in Artificial Intelligence (AI), data services, and e-commerce—are attracting attention due to their long-term growth potential. Additionally, renewable energy companies are showing increased interest in going public, aligned with government efforts to push for a transition to a green economy. Consumer goods and export-oriented manufacturing sectors are also preparing to tap into the stock market as part of their more aggressive expansion strategies.
The role of regulators in fostering a healthy IPO ecosystem cannot be overlooked. The Financial Services Authority (OJK) and the Indonesia Stock Exchange continue to streamline procedures while promoting transparency and good governance. Regulatory support includes more efficient registration processes, enhanced investor protection, and incentives for issuers operating in priority sectors. As a result, the IPO process in Indonesia is now more open and credible in the eyes of global market participants.
Despite the abundant opportunities, companies planning to go public must prepare carefully. An IPO is not merely a corporate action, but a comprehensive transformation in management, organizational structure, and governance. Amid strong market enthusiasm, companies must be prudent in determining valuations and shaping their public communications strategies. Moreover, a strong commitment to disclosure and compliance with financial reporting standards will be critical for long-term post-IPO success.
The year 2025 offers new momentum for Indonesian companies to leverage the capital market as an efficient and strategic source of long-term funding. An IPO is not only about raising capital—it is also about building reputation, creating added value, and strengthening competitiveness in an increasingly globalized economy. With proper preparation and a sound strategy, the opportunity to grow through IPOs is now more accessible than ever.
If you, a prospective client, have further inquiries about the topic discussed above, Schinder Law Firm is one of the leading corporate law firms in Indonesia, with extensive experience handling similar matters. Our team of professional corporate and civil lawyers makes us one of the top consulting firms in Indonesia. Feel free to contact us at info@schinderlawfirm.com for further consultation.
Author:
Dewi Susanti