Description

Four companies being added to BSE indices: Park Medi World and Nephrocare Health Services to BSE IPO index, Shipwaves Online and Unisem Agritech to BSE SME IPO index.

Summary

BSE has announced the addition of four newly listed companies to its indices. Park Medi World Limited (544645) and Nephrocare Health Services Limited (544647) will be added to the BSE IPO index effective December 19, 2025. Shipwaves Online Limited (544646) and Unisem Agritech Limited (544648) will be added to the BSE SME IPO index effective December 18, 2025.

Key Points

  • Park Medi World Limited (544645) listed on BSE main board on December 17, 2025
  • Nephrocare Health Services Limited (544647) listed on BSE main board on December 17, 2025
  • Shipwaves Online Limited (544646) listed on BSE SME platform on December 17, 2025
  • Unisem Agritech Limited (544648) listed on BSE SME platform on December 17, 2025
  • All additions have been included in the end-of-day corporate action file (*.SDE)

Regulatory Changes

No regulatory changes. This is a routine index maintenance activity following new stock listings.

Compliance Requirements

No specific compliance requirements. Index tracking funds and portfolios may need to rebalance to reflect the new index constituents.

Important Dates

  • December 17, 2025: Listing date for all four companies
  • December 18, 2025: Effective date for BSE SME IPO index additions (Shipwaves Online and Unisem Agritech) at market open
  • December 19, 2025: Effective date for BSE IPO index additions (Park Medi World and Nephrocare Health Services) at market open

Impact Assessment

Minimal market impact. These are routine index additions following IPO listings. Impact is primarily limited to:

  • Index tracking funds that replicate BSE IPO and BSE SME IPO indices
  • Passive investment strategies linked to these indices
  • Trading volumes may see slight increase in these stocks as index funds acquire positions

The staggered effective dates (December 18 vs December 19) allow for orderly inclusion without market disruption.

Impact Justification

Routine index additions following new listings with limited market-wide impact; primarily affects index tracking portfolios