Sources & Methodology

Source Register

Every factual claim on this site carries an [S#] tag resolving to the register below. Figures are triangulated across ≥2 independent professional sources, as IDX's own rule PDFs are access-restricted.

Last verified: 18 July 2026

S1Rule I-A 2026 (Kep-00045/BEI/03-2026): free-float tiers 25/20/15%, retained-earnings test, effective 31 Mar 2026 — AHP client alert · PDF

S2Five financial options & thresholds per board; 36/12-month history; 1,000/500 SID; share minimums — Baker McKenzie listings guide · PwC IPO guide

S32026 reform detail: retained earnings, lock-up, free-float definition, phase-in — ABNR · Rajah & Tann

S4Continuing 15% free float, 750-SID Main Board maintenance, demotion mechanics — AO Shearman · White & Case

S5Special Monitoring Board / full call auction criteria — Liputan6 · Bisnis.com

S6Development Board loss-maker projection (year 2 / year 6) — PwC IPO guide

S7May/November board evaluations; May 2026 promotions/demotions — Kumparan

S8New Economy Board criteria (Rule I-Y; CAGR ≥30%, tech innovation) — ABNR

S9Multiple voting shares (POJK 22/2021): thresholds & mechanics — OJK (PDF resmi)

S10SME issuer definitions, big-group exclusion, raise caps (POJK 53/2017) — OJK POJK 53/2017

S11Acceleration Board rules (I-V): 20% float, 300 SID, IDR 50 price, year-6 profit — HBT Law · CNBC Indonesia

S12Acceleration listing fees — ADCO Listing Handbook 2025

S13Process, timeline, cost stack 2.7–6% — ADCO Listing Handbook 2025 · Bisnis.com (datapoint Bukalapak)

S14963 listed companies (Jul 2026); IPO counts 2023–2026 — Antara · CNBC Indonesia

S15GOTO & BELI demoted to Development Board (May 2026) — RCTI+/IDX Channel

S1619% CIT incentive (PP 55/2022, ≥40% free float, ≥300 holders) — Ortax

S170.1% final tax on-exchange (+0.5% founder shares) — Ortax · IDX (perpajakan)

S18Takeover/MTO + 2-year refloat, no extension (POJK 9/2018) — Baker McKenzie (PDF) · PwC legal alert

S19Material & affiliated transaction gates (POJK 17 & 42/2020) — SSEK

S20Issuer vs public company (300 holders / IDR 3 bn); debt route — OJK — Issuer & Public Company

S21Delisting/relisting Rule I-N 2024 (≥6 months) — MKK Law (PDF)

S22SPACs not available — IFLR/AHP

S23No direct foreign listing; SPEI unused — Baker McKenzie quick summary

Verification note: items to re-verify with counsel before any paid campaign — the exact 2026 rule text of the five financial options, the OJK levy cap, and Acceleration-Board lock-up specifics.