Description

NSE admits units of Groww BSE Hospitals ETF (symbol: GROWWHOSPI) to dealings on the Capital Market segment effective March 05, 2026. The ETF was allotted on March 02, 2026 at an issue price of Rs. 48.88 with a face value of Rs. 10.

Summary

NSE has admitted units of the Groww BSE Hospitals ETF, managed by Groww Asset Management Limited, to dealings on the Capital Market segment effective March 05, 2026. The ETF tracks BSE Hospitals index and was allotted on March 02, 2026 with 1,786,452 units issued at an issue price of Rs. 48.88 per unit.

Key Points

  • Symbol: GROWWHOSPI
  • ISIN: INF666M01OD9
  • Series: EQ
  • Units Issued: 1,786,452
  • Face Value: Rs. 10/- per unit
  • Paid-Up Value: Rs. 10/- per unit
  • Issue Price: Rs. 48.88 per unit
  • Market Lot: 1 unit
  • Date of Allotment: March 02, 2026
  • Effective Trading Date: March 05, 2026
  • Four market makers designated: Kanjalochana Finserve Pvt. Ltd (TM: 90246), East India Securities (TM: 08134), Irage Broking Services LLP (TM: 90068), Parwati Capital Market Pvt. Ltd. (TM: 11890)

Regulatory Changes

No new regulatory changes. The listing is in pursuance of Regulation 3.1.1 and Regulation 2.5.5 of the National Stock Exchange (Capital Market) Trading Regulations Part A, governing admission of securities and lot sizes respectively.

Compliance Requirements

  • Trading members must use the designated symbol GROWWHOSPI and security code for all trades.
  • Trading must be conducted in the specified lot size of 1 unit.
  • Market makers (Kanjalochana Finserve, East India Securities, Irage Broking Services, Parwati Capital Market) are required to fulfill their market-making obligations from the effective date.

Important Dates

  • Date of Allotment: March 02, 2026
  • Effective Trading Date: March 05, 2026
  • Circular Date: March 04, 2026

Impact Assessment

This is a routine new ETF listing with limited broad market impact. The Groww BSE Hospitals ETF provides investors with a new instrument to gain exposure to the Indian hospital and healthcare sector via the BSE Hospitals index. With four market makers appointed, liquidity support is in place from day one. The relatively small initial float of ~1.79 lakh units at Rs. 48.88 suggests a modest initial AUM. Impact is confined to investors interested in sector-specific healthcare ETFs.

Impact Justification

Routine ETF listing notification; limited broad market impact, relevant primarily to investors in healthcare/hospital sector ETFs and registered market makers.