Description
Four new stocks being added to BSE IPO and BSE SME IPO indices effective November 19-20, 2025.
Summary
BSE announces the addition of four newly listed companies to its indices. Emmvee Photovoltaic Power Limited (544608) and PhysicsWallah Limited (544609) will be added to the BSE IPO index effective November 20, 2025. Workmates Core2Cloud Solution Limited (544610) and Mahamaya Lifesciences Limited (544611) will be added to the BSE SME IPO index effective November 19, 2025.
Key Points
- Emmvee Photovoltaic Power Limited (544608) listed on BSE on November 18, 2025
- PhysicsWallah Limited (544609) listed on BSE on November 18, 2025
- Both stocks will be added to BSE IPO index at market open on November 20, 2025
- Workmates Core2Cloud Solution Limited (544610) listed on BSE SME platform on November 18, 2025
- Mahamaya Lifesciences Limited (544611) listed on BSE SME platform on November 18, 2025
- Both SME stocks will be added to BSE SME IPO index at market open on November 19, 2025
- Actions included in end-of-day corporate action file (*.SDE)
Regulatory Changes
No regulatory changes. This is a routine index maintenance action.
Compliance Requirements
No compliance requirements for market participants. This is an informational notice regarding index composition changes.
Important Dates
- November 18, 2025: Listing date for all four companies on BSE
- November 19, 2025: Effective date for BSE SME IPO index additions (544610, 544611) at market open
- November 20, 2025: Effective date for BSE IPO index additions (544608, 544609) at market open
Impact Assessment
Minimal market impact. These are routine index additions following new listings. The additions will be reflected in end-of-day corporate action files. Index fund managers tracking BSE IPO and BSE SME IPO indices may need to adjust their portfolios accordingly. No material impact on trading operations or market structure.
Impact Justification
Routine index additions for newly listed companies with no regulatory changes or compliance requirements