Criteria
IDX Regulations
- Company’s Existence
- Duration of Operation
- Operating Profit
- Audited Financial Report
- Underwriting
- Net Tangible Assets (NTA)
- Total Number of Shareholders
- The number of shares owned by non-controlling and non-main shareholders in the five Trading Days preceding the listing application must be at least:
- Number of Floating Shares owned by non-controlling and non-mains shareholders
- Initial Registration Fee (to be deducted from Initial Registration Fee)
- Initial Listing Fee
- Annual Listing Fee
Development Board (I-A)
- ≥ 12 months
- More than a year of operational activities
- Permissible Loss
- Unqualified
- Full Commitment
- At least IDR 5 billion Alternatives: (i) a minimum operating profit of IDR 1 billion and a market capitalization of IDR 100 billion, or (ii) an operating profit of IDR 40 billion and a market capitalization of IDR 40 billion.
- 500 Parties
- 150.000.000 shares
- 20% of the total after IPO for equity of less than IDR 500 billion
- IDR 25 Million
- IDR 150 Million (IDR 1 Million per Billion of Market Capitalization)
- IDR 250 Million (IDR 500 Thousand per Billion of Market Capitalization)
Acceleration Board (I-V)
- ≥ 12 months
- More than a year of operational activities
- Permissible Loss
- Fair Opinion Without Modification.
- Best Effort
- Unregulated
- 300 Parties
- Unregulated
- Min. 20%
- IDR 10 Million
- IDR 25 Million (Fixed)
- IDR 25 Million (Fixed)