IDX’s amended listing rule takes effect for Indonesian IPO candidates
Indonesia’s amended Rule I-A is now effective, requiring IPO teams to revisit listing readiness and evidence against the signed text.
Indonesia Stock Exchange (IDX) brought an amended share-listing rule into force on 9 October, changing the work prospective IPO issuers and their advisers must do before seeking a listing. The signed Decision Kep-00152/BEI/10-2026 is dated 7 October and amends Rule I-A. The immediate business question for a company preparing to raise public capital is whether its planned application and evidence package match the rule now in effect.
In a statement reported by ANTARA, the exchange said the second stage of its Rule I-A changes raises financial requirements for prospective listings. It also described a retained-earnings criterion relevant to companies remaining on the Main Board. Those are category-level changes: an issuer should use the signed rule and its advisers to establish the precise tests that apply to its own proposed listing, rather than infer eligibility from a summary.
More preparation before an application
IDX framed the changes as an effort to improve the condition and readiness of companies entering the market and the quality of listed issuers. The exchange statement also discusses supporting financial information in the application process. For an IPO team, that makes financial evidence and the timing of document preparation part of the capital-raising plan, not a step to leave until the final filing.
The decision affects more than one point in a company's life cycle. A business considering an initial listing needs to review the amended entry conditions. A company already on the Main Board needs to understand the continuing-listing provisions cited by the exchange. Those are different questions and should be reviewed against the applicable signed text.
Effective date sets the next check
The 9 October start date turns the revised rule from a proposal into the operative exchange framework. It does not establish the result for any individual application. A candidate's position depends on the exact provision and filing stage; advisers need to check the signed text for applicable thresholds and transition terms.
Prospective issuers and advisers can now map their fundraising timetable, financial evidence and listing-board strategy against the amended Rule I-A. The source-backed news is the rule's entry into force and the exchange's stated categories of change. A detailed compliance checklist would require a separate clause-by-clause reading.
Source: IDX signed Decision Kep-00152/BEI/10-2026; ANTARA’s 8 October 2026 report of the exchange statement.
