Description
Two newly listed companies, Luxury Time Limited and Western Overseas Study Abroad Limited, will be added to the BSE SME IPO Index effective December 12, 2025.
Summary
BSE announced the addition of two newly listed companies to the BSE SME IPO Index effective December 12, 2025. Luxury Time Limited (Exchange ticker: 544635) and Western Overseas Study Abroad Limited (Exchange ticker: 544636) were listed on BSE on December 11, 2025, and will be included in the index at market open on December 12, 2025.
Key Points
- Two companies being added to BSE SME IPO Index
- Luxury Time Limited (ticker: 544635) listed on December 11, 2025
- Western Overseas Study Abroad Limited (ticker: 544636) listed on December 11, 2025
- Index additions effective at market open on December 12, 2025
- Changes included in end-of-day corporate action file (*.SDE)
- Reference notices: 20251210-77 and 20251210-53
Regulatory Changes
No regulatory changes. This is a routine index composition update following the listing of new SME companies.
Compliance Requirements
No specific compliance requirements for market participants. Index tracking funds and portfolio managers may need to adjust holdings to reflect the updated index composition.
Important Dates
- December 11, 2025: Listing date for both companies on BSE
- December 12, 2025: Effective date for addition to BSE SME IPO Index (at market open)
Impact Assessment
Minimal market impact. This is a routine administrative action affecting the BSE SME IPO Index composition. Index tracking funds and products benchmarked to the BSE SME IPO Index will need to include these securities. The addition reflects the normal operation of BSE’s SME platform and supports the visibility of newly listed SME companies. For additional queries, market participants can contact bseindex@bseindia.com.
Impact Justification
Routine index addition of two SME companies following their listing; affects index composition but has minimal market-wide impact