REPUBLIKA.CO.ID, JAKARTA -- Corporate Listing Director of Indonesia Stock Exchange (IDX), Hoesen ensured that 31 companies conducted initial public offering (IPO) in Indonesian capital market this year. About 28 companies are already listed on stock exchange today.

"We expect, there are at least 30 companies listed on IDX every year," Hoesen said on Tuesday.

Achievement of this year is the highest in the last 15 years. In 2011, 25 companies issued its shares on IDX, the highest number throughout history. Although issues of tapering off of US Central Bank haunted capital market, domestic companies are still optimistic that Indonesia's stock market is still promising as fund sources.

PT Indomobil Multi Services is 28th company, which listed its 450 million shares or 10.4 percent of paid up capital at price of 500 IDR per share. Company plans to get fund of 225 billion IDR.

There are three companies going to list shares on IDX before the end of the year, namely PT Logindo Samudramakmur on December 11, PT Sawit Sumbermas Sarana on December 12 and PT Industri Jamu dan Farmasi Sido Muncul on December 18, 2013. Two other companies are delaying its listing caused by capital market's fluctuation, namely PT Bank Muamalat Indonesia and a transportation company, Blue Bird Group.

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