BSE SME IPO Share Price

The BSE SME IPO Index was launched to track and measure the performance of the Small and Medium Enterprises after IPO (Initial Public Offering) listing. It consists of 126 companies that are listed on the BSE SME platform.

It reflects how newly listed SME-related IPOs perform post-listing, which many people track out of curiosity and sometimes how they are performing in the stock market.

Like the BSE IPO Index, even this index is more time-based, meaning companies are included for a certain period (usually monthly) after listing.

The selection of the BSE SME IPO Index follows a time-based and eligibility-driven inclusion process.

1. Step 1: Eligible Universe

   
   Any company listing its equity shares via IPO on the BSE SME platform becomes eligible. Only IPO listings are considered.

2. Step 2: Inclusion Timing

   
   Stocks are added to the index on the second day of listing (once initial price discovery settles slightly).

3. Step 3: Fixed Exit Timeline

   
   A stock is removed on the second Monday of the month after completing 3 years of listing. (ensuring the index stays focused on relatively newer companies)

4. Step 4: Minimum Constituents Rule

   
   The index maintains at least 10 stocks at all times. If exclusions bring the count below 10, removal is delayed until new stocks are added.

The BSE SME IPO Index follows a rolling inclusion-based approach along with a free-float market capitalisation methodology.

1. Step 1: Add Newly Listed Companies

   
   A company is included on the second day of its listing on the BSE SME platform.

2. Step 2: Remove Older Listings

   
   A company is removed at the open of the Monday following the third Friday of the month after completing 3 years of listing.

3. Step 3: Migration Adjustment

   
   If a company shifts to the BSE mainboard, it is removed on the migration date.

4. Step 4: Maintain Minimum Constituents

   
   The index maintains at least 10 companies at all times. If the count drops below 10, exclusions are temporarily delayed.

5. Step 5: Index Methodology & Formula

   
   The BSE SME IPO share price is calculated using the Free Float Market Capitalisation Weighted Method and a base value of 100.
   Index Value = (Total Free-Float Market Cap / Base Market Cap) × Base Value

   The index is calculated live during market hours and reconstituted on a monthly basis.

6. Step 6: Real-Time Updates

   
   The index is calculated live during market hours and reconstituted on a monthly basis.

Tracking the BSE SME IPO share price today can help to observe how recently listed SME companies are performing in the market.

With Anand Rathi's TradeMobi platform, explore BSE SME IPO investment options in 5 simple steps.

1. Step 1: Open / Login to Your Account

   
   Start by logging into your account or opening a demat account and trading account.

2. Step 2: Explore IPO Opportunities

   
   Look for funds that track the BSE SME IPO live index.

3. Step 3: Choose Your Investment

   
   Select and invest based on your understanding and goals.

4. Step 4: Invest and Track

   
   Monitor performance and track SME IPO movements in real time.

5. Step 5: Stay Updated

   
   Follow research insights and get alerts on the BSE IPO live chart to track upcoming SME IPOs and related trends regularly.

The BSE SME IPO Index was introduced on March 13, 2012, to track the performance of SMEs entering the public market via IPOs.

It emerged alongside the growth of the BSE SME platform, which was designed to help smaller businesses access capital markets. Over time, as more SMEs began listing, the need for a dedicated benchmark became clear.

The index has since evolved to reflect the early performance trends of newly listed SMEs, offering a window into how smaller businesses adapt to public-market dynamics. Tracking BSE SME IPOs today provides insight into the trends and volatility patterns of SME-listed companies.