Description
BSE announces monthly reconstitution of BSE IPO and BSE SME IPO indices with multiple stock exclusions effective August 18, 2025.
Summary
BSE Index Services Private Limited has announced the monthly reconstitution results for BSE IPO and BSE SME IPO Indices. The reconstitution involves the exclusion of 12 companies across both indices and will be effective from August 18, 2025.
Key Points
- Monthly reconstitution of BSE IPO and BSE SME IPO indices
- 6 companies to be dropped from BSE IPO index
- 6 companies to be dropped from BSE SME IPO index
- Changes effective at market open on Monday, August 18, 2025
- Corporate action file updated with these changes
Regulatory Changes
No regulatory changes - this is a routine monthly index reconstitution process.
Compliance Requirements
- Market participants should note the index composition changes
- Fund managers tracking these indices need to adjust portfolios accordingly
- Queries can be directed to bseindex@bseindia.com
Important Dates
- Notice Date: August 8, 2025
- Effective Date: August 18, 2025 (at market open)
- Corporate Action File Update: End of day August 8, 2025
Impact Assessment
Medium impact on index composition and index-tracking funds. The removal of 12 companies from the indices will require portfolio adjustments by fund managers and may affect the performance characteristics of the indices. Regular monthly reconstitution ensures indices remain representative of their respective market segments.
Impact Justification
Regular monthly index reconstitution affecting multiple stocks across BSE IPO and SME IPO indices