SMEIPO (SMEIPO) live share price today at BSE

The BSE SME IPO Index analyses the performance of a selected group of small and medium enterprises. When the IPO procedure is completed, the BSE SME IPO Index tracks the behaviour of the selected group of companies over one year. The BSE IPO Index is beneficial for investors who wish to track the performance of newly listed companies on the BSE. The BSE SME IPO Index has diversified into various sectors such as Finance, FMCG, Healthcare, Chemical & Petrochemical, Transport Services, Tourism, Transport Equipment, Housing Related, IT, Capital Goods, and many more. The total number of diversified sectors which are included in the BSE IPO Index is 43.

The BSE SME IPO Index came into effect on 14th December, 2012, with a base date of 16th August, 2012, and a base value of 100. The share price of the BSE SME IPO Index has crossed its level and continues to trade on the P/E multiple of 102.36%, and has a share price of 9,000. The calculation for the BSE SME IPO Index is based on the modified market-cap weighted method, and valuation is based on a real-time basis. The capping criteria on the stock are based on 20%, and rebalancing shall be done every month.

• The calculation is based on the weighting of 43 stocks by the capped float adjusted market capitalisation method.
• The stock must be listed on the Bombay Stock Exchange and must be a part of the newly listed companies.
• Post-issue capital shall be a minimum of ₹1 crore and shall not exceed ₹25 crore for maintaining eligibility for inclusion.
• The primary function of the BSE SME IPO Index is to track the performance of only those companies that belong to the small and medium enterprises. The stock must be excluded once one year of listing has been completed.
• A minimum of 10 stocks must be available in case of a shortfall in the stocks listed in the BSE Index, or until a new eligible stock has been added to the BSE Index.
• Inclusion of only common stocks from the companies of the SME IPO.   

By using the method of free-float market capitalisation, the BSE Sensex SME IPO Index value shall be determined. The free-float market value of all the companies is reflected by the level of the index at any one time and then compared to the base period. The steps in calculating the market capitalisation are as follows: firstly, dividing the share price by the total number of shares of the company, and then multiplying it by the free-float market capitalisation and the free-float factor.    

The review criteria for the BSE SME IPO Index are conducted every month. The Index evaluates the economic conditions of the country among various sectors, and also contributes to the development of the country and provides support to the developing sectors.

The market capitalisation shall be determined by multiplying the number of outstanding shares by the share price and then multiplying the market capitalisation by the proportion of available free float to the number of outstanding shares.

The formula for the BSE SME IPO Index = Total Free-Float Market Capitalisation* Base Index Value/ Base Market Capitalisation.

• The BSE SME IPO Index serves as a benchmark for investors who want to track the small and medium companies on the Bombay Stock Exchange.
• Investors can analyse the trends in IPO performance, which helps them make better decisions before subscribing to IPOs.
• Companies that belong to the high-growth sectors and are profitable provide exposure to potential high-return opportunities at an early stage.
• The BSE SME IPO Index reflects the confidence of the investors in participating in the new business and for the overall economy, which attracts investors involved in the retail and institutional sectors. 

• In the first months of trading, the newly listed companies have shown movements in the price, and it is considered more volatile than other indices.
• The index does not provide long-term performance and is not a reliable tool for investors seeking long-term stability.
• The BSE SME IPOs may be clustered in specific industries, such as finance, technology, or other customer-related services, which reduces the scope of diversification and increases the risks associated with these sectors.  

Investors can check availability on AMC websites, NSE/BSE sites, or apps, which provide a reliable broking facility, enabling them to select the most profitable and highly growing stocks for their long-term investments. A demat account is necessary if investors want to buy ETFs or constituent stocks, but it is not required if they want to invest through mutual funds and SIPs. If the availability of a direct BSE SME IPO Index fund is not available, then the investors can consider the mutual funds or ETFs. They also provide direct exposure to investors in the BSE SME IPO Index.  

Investors can replicate the index by purchasing the major stocks that are included in the BSE SME IPO Index. The chance of direct control and the advantage of capital and portfolio management are also necessary.

The BSE SME IPO Index analyses the performance of small and medium companies newly listed on the Bombay Stock Exchange. When the procedure of the IPO is completed, the BSE IPO Index tracks the behaviour of the selected group of companies over one year. The BSE IPO Index came into effect on 14th December 2012, with a base date of 16th August 2012 and a base value of 1000. The share price of the BSE SME IPO Index has crossed its level and continues to trade on the P/E multiple of 102.36%, and has a share price of 9,000. The BSE SME IPO Index reflects the confidence of the investors in participating in the new business and for the overall economy, which attracts investors involved in the retail and institutional sectors.