S&P BSE SME IPO Index: Price, Performance, and Key Updates
The S&P BSE SME IPO Index is a unique benchmark that tracks the performance of a select group of Small and Medium Enterprises (SMEs) after they have been newly listed on the dedicated BSE SME platform. It is a highly volatile but often high-return index, reflecting the rapid growth potential and speculative interest in India's emerging small businesses.
Today's S&P BSE SME IPO Index Price
The S&P BSE SME IPO Index closed at Rs 104,894.08 on Wednesday, 26 November 2025 (3:30 PM IST).
This represents a strong daily gain of +1.67% over the previous close of Rs 103,173.22. The index's daily high was Rs 104,944.50, reflecting a sharp rebound and strong buying interest in the newly listed small-cap space.
The BSE SME Index's high volatility is a defining feature, with returns often outpacing the broader indices but also subject to rapid corrections.
S&P BSE SME IPO Index Historical Returns
As of 26 November 2025, the S&P BSE SME IPO Index historical returns are as follows:
| Period |
Return |
Key Trend/Comparison |
| 1 Day |
+1.67% |
Strong daily rebound. |
| 1 Month |
-3.38% |
Signifies recent profit-taking/consolidation. |
| 1 Year |
+5.11% |
Positive, but lower than historical average. |
| 3 Years |
+72.54% |
Exceptional long-term wealth creation. |
| 5 Years |
+137.37% |
Indicates powerful long-term outperformance. |
The massive 3-Year return of over 72% and 5-Year return of over 137% underscore the dramatic structural growth and investor enthusiasm for the BSE SME ecosystem in India.
Key BSE SME IPO News and Updates Today
Activity on the BSE SME platform remains robust, with several new listings and issues opening for subscription today:
-
Strong Listing Debut: Gallard Steel made a strong debut on the BSE SME platform today, listing with a significant 48.73% premium at Rs 223.10 against its issue price of Rs 150. This exceptional listing gain, driven by an oversubscription of 375.54 times, provides a major boost to sentiment in the SME segment.
-
New IPOs Opened: Three new SME IPOs opened for subscription today, further crowding the BSE SME IPO list:
-
K K Silk Mills IPO (Price band ?36-?38 per share).
-
Mother Nutri Foods IPO (Price band ?111-?117 per share).
-
SSMD Agrotech India IPO (Opened on Nov 25).
-
Index Composition: The S&P BSE SME IPO Index is a strategic index that generally excludes stocks after one year of listing or upon migration to the main board, ensuring it captures only the performance of the most recent and relevant new entrants to the SME segment.