Description
RUBICON RESEARCH LIMITED and CANARA ROBECO ASSET MANAGEMENT COMPANY LIMITED to be added to BSE IPO Index effective October 20, 2025.
Summary
BSE has announced the addition of two newly listed companies to the BSE IPO Index effective October 20, 2025. RUBICON RESEARCH LIMITED (ticker 544578) and CANARA ROBECO ASSET MANAGEMENT COMPANY LIMITED (ticker 544580) are being added following their listing on BSE on October 16, 2025.
Key Points
- Two stocks to be added to BSE IPO Index: RUBICON RESEARCH LIMITED (544578) and CANARA ROBECO ASSET MANAGEMENT COMPANY LIMITED (544580)
- Both companies listed on BSE on Thursday, October 16, 2025
- Index addition effective at market open on Monday, October 20, 2025
- Changes included in end-of-day corporate action file (*.SDE)
- Queries can be directed to bseindex@bseindia.com
Regulatory Changes
No regulatory changes. This is a routine index maintenance activity following new listings.
Compliance Requirements
No specific compliance requirements. Index fund managers and passive investment vehicles tracking the BSE IPO Index may need to adjust their portfolios to reflect the new constituents.
Important Dates
- October 16, 2025: Listing date for both companies on BSE
- October 20, 2025: Effective date for addition to BSE IPO Index (at market open)
Impact Assessment
Low market impact. This is a routine index maintenance activity. The addition will primarily affect:
- Passive funds and ETFs tracking the BSE IPO Index, which will need to purchase shares of the new constituents
- Index-linked derivative products
- Potential modest buying pressure on the two stocks from index-tracking portfolios
The BSE IPO Index tracks recently listed companies, and periodic additions are standard procedure following new IPOs.
Impact Justification
Routine index addition following new listings; impacts passive index funds and trackers but not material for broader market