Description
Two newly listed companies, ASTRON MULTIGRAIN LIMITED and RAVELCARE LIMITED, will be added to the BSE SME IPO Index effective December 9, 2025.
Summary
BSE announces the addition of two newly listed companies to the BSE SME IPO Index. ASTRON MULTIGRAIN LIMITED (Exchange ticker: 544628) and RAVELCARE LIMITED (Exchange ticker: 544629), both listed on December 8, 2025, will be included in the index effective at market open on December 9, 2025.
Key Points
- Two stocks being added to BSE SME IPO Index: ASTRON MULTIGRAIN LIMITED and RAVELCARE LIMITED
- Exchange tickers: 544628 (ASTRON) and 544629 (RAVELCARE)
- Both companies listed on BSE on Monday, December 8, 2025
- Index addition effective at open on Tuesday, December 9, 2025
- Changes included in end-of-day corporate action file (*.SDE)
- References prior notices: 20251205-56 and 20251205-57
Regulatory Changes
No regulatory changes. This is a routine index composition update following new SME listings.
Compliance Requirements
No compliance actions required. Market participants tracking the BSE SME IPO Index should note the composition change for portfolio adjustments and rebalancing.
Important Dates
- December 8, 2025: Listing date for both companies on BSE
- December 9, 2025: Effective date for addition to BSE SME IPO Index (at market open)
Impact Assessment
Minimal market impact. This is a standard administrative action reflecting the addition of recently listed SME companies to the relevant index. Impact limited to index funds and portfolios that track the BSE SME IPO Index, which may need to adjust holdings. For queries, market participants can contact bseindex@bseindia.com.
Impact Justification
Routine index addition for two SME IPO stocks with limited market-wide impact