Description

BSE announces the addition of five newly listed companies to its IPO indices, including Corona Remedies and Wakefit Innovations to BSE IPO index, and three companies to BSE SME IPO index.

Summary

BSE Index Services announces the addition of five newly listed companies to its IPO-related indices. Corona Remedies Limited (544644) and Wakefit Innovations Limited (544642) will be added to the BSE IPO index effective December 17, 2025. Three SME companies - Riddhi Display Equipments Limited (544640), K.V. Toys India Limited (544641), and Prodocs Solutions Limited (544643) - will be added to the BSE SME IPO index effective December 16, 2025.

Key Points

  • Corona Remedies Limited (544644) and Wakefit Innovations Limited (544642) listed on BSE on December 15, 2025
  • Both companies will be added to BSE IPO index at market open on December 17, 2025
  • Riddhi Display Equipments Limited (544640), K.V. Toys India Limited (544641), and Prodocs Solutions Limited (544643) listed on BSE SME platform on December 15, 2025
  • All three SME companies will be added to BSE SME IPO index at market open on December 16, 2025
  • Changes included in end-of-day corporate action file (*.SDE)
  • Notice references prior listing notices: 20251212-62, 20251212-61, 20251212-44, 20251212-47, and 20251212-59

Regulatory Changes

No regulatory changes. This is a routine index composition update following standard procedures for newly listed companies.

Compliance Requirements

No specific compliance requirements for market participants. Index composition changes are informational and automatically reflected in index calculations.

Important Dates

  • December 15, 2025: Listing date for all five companies on BSE/BSE SME platform
  • December 16, 2025 (at market open): SME companies added to BSE SME IPO index (Riddhi Display Equipments, K.V. Toys India, Prodocs Solutions)
  • December 17, 2025 (at market open): Main board companies added to BSE IPO index (Corona Remedies, Wakefit Innovations)

Impact Assessment

Market Impact: Minimal. These are routine index additions following the standard process for newly listed IPO companies. The additions affect specialized IPO tracking indices rather than broad market indices like Sensex or BSE 500.

Investor Impact: Passive funds and ETFs tracking BSE IPO or BSE SME IPO indices will need to incorporate these stocks. Index fund managers will execute purchases at the effective dates to maintain index tracking.

Liquidity Impact: May provide modest incremental demand for these newly listed stocks from index-tracking funds, though BSE IPO indices typically have limited assets under management compared to flagship indices.

Operational Impact: Changes reflected in corporate action files for automated processing by market systems and participants.

Impact Justification

Routine index additions for newly listed companies with no broader market impact beyond index composition updates