BSE Ltd

SME IPO

S&P BSE SME IPO Index:

The Micro, Small and Medium Enterprises (MSMEs) segment in India plays a pivotal role in the overall growth and development of economy of the country. In recent years the MSME segment has consistently registered higher growth rate compared to the overall industrial sector. With its agility and dynamism, the segment has shown admirable innovativeness and adaptability to survive the recent economic downturn and recession.

BSE has introduced BSE SME IPO index on December 14, 2012. It will enable investors to track performance of the SME companies listed at BSE.

S&P BSE SME IPO Index Factsheet:Click Here

Index Specification:

Base Date

August 16, 2012

Base Index Value

100

Date of Launch

December 14, 2012

Method of calculation

Free-float market capitalization

Number of Scrips

Variable

Index calculation frequency

Real Time

Index calculation and Maintenance

Click here for Index calculation and maintenance

Historical Notices

Click here to search Historical Notices on Index Replacements

S&P BSE SME IPO Index Scrip Selection Criteria:

1.         Any company seeking listing of its equity shares via IPO, on the SME Platform of the Exchange shall be considered eligible for inclusion in the index.

2.         Stock will be included in the index on second day of its listing.

3.         A stock will be excluded from the index on second Monday of the month after completion of three years of listing

4.         Minimum 10 stocks shall be maintained in the index, at all times. In case, there are less than 10 companies on account of possible exclusion after three years, the exclusion of such company shall be delayed till such time new inclusion is made in the Index.

[Note: The index calculation was started with 5 constituents for its base composition in back testing.]