# BSE (BSE) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/bse

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹3,252
- Change: -0.21%
- As of: 2026-09-18
- 1D return: +0.23%
- 5D return: -1.20%
- 1M return: -0.75%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, the stock is trading at ₹3266.4, with a daily technical stance indicating weakness as the price is below key moving averages including the 20-day EMA (₹3331.86) and the 50-day EMA (₹3444.9). The daily trend is assessed as bearish, with the Supertrend indicator at ₹3517.55. This contrasts with a bullish monthly trend, where the price is above the 20-day EMA (₹2901.71) and the Supertrend indicator at ₹2376.59. The weekly timeframe shows a bearish Supertrend (₹4022.25) with the price below the 20-day EMA (₹3478.79) but above the 50-day EMA (₹3207.17). Recent market activity includes two downside events and two positive attention events in the last 30 days. The stock is currently positioned within its recent trading range, with its closest support at ₹3264.73, just below the current price, and the nearest resistance at ₹3297.27.

The stock exhibits a mixed timeframe alignment, with a bearish short-term daily trend conflicting with a bullish longer-term monthly trend. The weekly trend also shows bearish signals. The current price is below several key daily moving averages, suggesting downward pressure on a shorter timeframe. The nearest support level is ₹3264.73, a pivot point, and resistance is observed at ₹3297.27. The stock's risk profile includes an annualized volatility of 47% and a current drawdown of -26%.

Key watch conditions include monitoring the price action around the ₹3264.73 support level. A break below this could signal further downside. Conversely, a sustained move above the ₹3297.27 resistance, followed by the 20-day EMA at ₹3331.86, would be needed to indicate a potential shift in the daily trend. The presence of a Doji pattern on the monthly chart and an Inside Bar on the weekly chart suggest potential consolidation or indecision.

- Current price on September 18, 2026: ₹3266.4
- Nearest support level: ₹3264.73
- Nearest resistance level: ₹3297.27
- Daily trend: Bearish (price below 20-day EMA ₹3331.86, 50-day EMA ₹3444.9, and daily Supertrend ₹3517.55)
- Monthly trend: Bullish (price above 20-day EMA ₹2901.71 and monthly Supertrend ₹2376.59)
- Weekly trend: Bearish (price below weekly Supertrend ₹4022.25)
- Recent anomalies include a high-severity downward gap on September 9, 2026, and an extreme-severity upward gap on September 4, 2026.
- Current drawdown: -26%

- Doji
- Inside Bar
- Bearish Engulfing Reversal
- Outside Bar
- Bullish Engulfing Reversal

### News Context

The week ending September 18, 2026, saw significant activity in the Initial Public Offering (IPO) market, with several companies making their debut or nearing the end of their subscription periods. Veegaland Developers experienced a strong market entry, with its shares listing at ₹154 on the NSE, a 10% increase from its issue price of ₹140. This debut followed an IPO that was subscribed 13.55 times. Meanwhile, Rentomojo's share price, despite a slight dip in its second trading session, remained 44% above its IPO price of ₹404, closing at ₹532.95 on September 18. The National Stock Exchange of India's IPO also saw robust interest, with its subscription fully met on Day 2, and both Qualified Institutional Buyer (QIB) and Non-Institutional Investor (NII) quotas booked 1.3 times each. Additionally, the final day of bidding for Hero Motors, SS Retail, and Jindal Supreme IPOs arrived on September 18, with SS Retail's IPO reported to be subscribed over 14 times and its grey market premium (GMP) rising to 33%.

- Veegaland Developers listed on NSE on September 18, 2026, at ₹154, 10% above its ₹140 issue price, after its ₹210-crore IPO was subscribed 13.55 times.
- Rentomojo shares closed at ₹532.95 on September 18, 2026, remaining 44% higher than its IPO price of ₹404, despite a 1% fall in its second trading session.
- The National Stock Exchange of India's IPO was fully subscribed on its second day of bidding, with QIB and NII quotas each booked 1.3 times.
- On September 18, 2026, SS Retail IPO was subscribed over 14 times, and its grey market premium (GMP) reached 33% on the final day of bidding.
- Hero Motors, SS Retail, and Jindal Supreme IPOs concluded their bidding periods on September 18, 2026.

- NSE IPO subscribed fully on Day 2; QIB, NII quotas booked 1.3 times each
- Rentomojo share price rises 44% above IPO price: What should investors watch now?
- Final day to buy Hero Motors, SS Retail, Jindal Supreme: Which issue has highest IPO GMP? Check subscription, review
- Veegaland Developers Delivers Impressive Dalal Street Debut, Stock Surges 10% in Opening Trade
- SS Retail IPO subscribed over 14x so far on last day of bidding; GMP rises to 33%

### What Changed

The company's stock experienced a slight increase, closing at ₹3266.4 on September 18, 2026, up from ₹3259.0 on the previous day. This recent price movement occurred within a broader market context where other companies, such as National Stock Exchange of India, Rentomojo, Hero Motors, SS Retail, and Jindal Supreme, were active in Initial Public Offerings (IPOs). News reports highlighted the subscription status and grey market premiums of these other IPOs, with Veegaland Developers seeing a 10% surge on its listing day on the NSE. The provided evidence does not indicate any new filings or specific corporate actions for BSE itself.

- BSE's stock closed at ₹3266.4 on September 18, 2026, a marginal increase from ₹3259.0 on the prior trading day.
- Recent news focused on IPO activities of other companies, including National Stock Exchange of India, Rentomojo, Hero Motors, SS Retail, and Jindal Supreme.
- Veegaland Developers' shares listed on the NSE on September 18, 2026, opening at ₹154, a 10% premium to its issue price.
- The provided evidence does not contain any new filings for BSE.

- NSE IPO subscribed fully on Day 2; QIB, NII quotas booked 1.3 times each
- Rentomojo share price rises 44% above IPO price: What should investors watch now?
- Final day to buy Hero Motors, SS Retail, Jindal Supreme: Which issue has highest IPO GMP? Check subscription, review
- Veegaland Developers Delivers Impressive Dalal Street Debut, Stock Surges 10% in Opening Trade
- SS Retail IPO subscribed over 14x so far on last day of bidding; GMP rises to 33%

### Official Filings

BSE Limited has disclosed several investor and analyst meetings scheduled for September 2026. These include engagements with Schonfeld Strategic Advisor, Axis Max Life Insurance, William Blair, and Vishal Kamalaksha Bhat on September 17, 2026, as well as a meeting with J.P. Morgan on September 21, 2026. Additionally, a meeting with Abakkus Asset Management was scheduled for September 17, 2026. These interactions provide opportunities for the company to communicate its strategy and performance to the investment community. In a separate development, BSE Limited completed the redemption of its Additional Tier 1 bonds on September 3, 2026, totaling ₹4,000 crore, along with ₹308.80 crore in interest payments, resulting in a nil outstanding amount for these bonds. The company also increased its stake in India International Bullion Holding IFSC Limited (IIBH) to 5.54% as of September 10, 2026, through a rights issue subscription of ₹9.28 crore, with plans to further increase its direct stake to 20% upon the completion of a secondary purchase from its subsidiaries, which would make IIBH a direct associate company.

- BSE Limited scheduled investor and analyst meetings with multiple firms including Schonfeld Strategic Advisor, Axis Max Life Insurance, William Blair, J.P. Morgan, and Abakkus Asset Management between September 17 and September 21, 2026.
- The company completed the redemption of Additional Tier 1 bonds on September 3, 2026, with a total payment of ₹4,000 crore for principal and ₹308.80 crore for interest.
- BSE Limited increased its shareholding in India International Bullion Holding IFSC Limited (IIBH) to 5.54% on September 10, 2026, via a ₹9.28 crore rights issue subscription.
- A further increase in BSE Limited's direct stake in IIBH to 20% is planned, contingent on the completion of a secondary share purchase, which would classify IIBH as a direct associate company.

- BSE Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- BSE Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- BSE LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- BSE Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- BSE LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- BSE Limited has informed the Exchange regarding 'SEBI approval on re-appointment of Shri Jagannath Mukkavilli, Non-Independent Director'. |SUBJECT: Updates
- BSE Limited has informed the Exchange regarding 'further acquisition of equity stake in India International Bullion Holding IFSC Limited.'. |SUBJECT: Updates
- Alivus Life Sciences Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- BSE LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- Confirmation of Redemption/Payment of Interest and Principal |SUBJECT: Confirmation of Redemption/Payment of Interest and Principal

### Fundamentals

BSE has demonstrated a consistent upward trend in its financial performance across the reported periods. Revenue from operations increased from ₹1,244.10 crore in Q3 FY2025-26 to ₹1,566.02 crore in Q1 FY2026-27. This top-line growth has been accompanied by even stronger growth in profitability. Profit Before Tax grew from ₹777.16 crore in Q3 FY2025-26 to ₹1,144.12 crore in Q1 FY2026-27, indicating expanding operating leverage. Consequently, Profit Loss For Period (Net Profit) rose from ₹596.59 crore to ₹872.66 crore over the same timeframe. The company's tax expense also increased, but at a slower pace than pre-tax profit, contributing to the net profit expansion. Comprehensive income for the period followed a similar positive trajectory. The company's Paid Up Value of Equity Share Capital remained stable at ₹81.58 crore across all reported quarters, suggesting no significant equity dilution or issuance.

- Revenue from operations grew from ₹1,244.10 crore in Q3 FY2025-26 to ₹1,566.02 crore in Q1 FY2026-27.
- Profit Before Tax increased from ₹777.16 crore in Q3 FY2025-26 to ₹1,144.12 crore in Q1 FY2026-27.
- Net Profit (Profit Loss For Period) rose from ₹596.59 crore in Q3 FY2025-26 to ₹872.66 crore in Q1 FY2026-27.
- Comprehensive Income for the period increased from ₹603.49 crore in Q3 FY2025-26 to ₹872.27 crore in Q1 FY2026-27.
- Paid Up Value of Equity Share Capital remained constant at ₹81.58 crore from Q3 FY2025-26 to Q1 FY2026-27.

### Bull Case

The company's stock has demonstrated significant long-term appreciation, with a return of 49% over the past year and 81% since its inception. While recent performance shows some short-term fluctuations, including a 19% decrease in the last three months, the year-to-date return stands at a positive 24%. Technical indicators present a mixed picture, with a bullish monthly trend indicated by a positive Supertrend direction and a higher ADX value of 41.54, suggesting strong momentum over a longer period. However, daily and weekly trends are currently showing a bearish Supertrend direction, indicating potential short-term headwinds.

- The stock has delivered a return of 49% over the past year and 81% since its inception.
- The year-to-date return as of September 18, 2026, is 24%.
- Monthly technical trends indicate a bullish Supertrend direction with an ADX of 41.54.
- Nearest support levels are observed at ₹3264.73, ₹3226.47, and ₹3193.93.

- NSE IPO subscribed fully on Day 2; QIB, NII quotas booked 1.3 times each
- Rentomojo share price rises 44% above IPO price: What should investors watch now?
- Final day to buy Hero Motors, SS Retail, Jindal Supreme: Which issue has highest IPO GMP? Check subscription, review
- Veegaland Developers Delivers Impressive Dalal Street Debut, Stock Surges 10% in Opening Trade
- SS Retail IPO subscribed over 14x so far on last day of bidding; GMP rises to 33%

### Bear Case

The company's technical indicators suggest a weakening trend. The daily SuperTrend is indicating a 'bearish' direction, and the Exponential Moving Average (EMA) 20 slope is negative, pointing downwards. Furthermore, the weekly trend also shows a 'bearish' SuperTrend direction, with the EMA 20 slope significantly negative. The stock has experienced a drawdown of -26% from its recent highs, and its maximum drawdown stands at -36%, indicating substantial price volatility. While the year-to-date return is positive at 24%, the three-month return shows a decline of 19%.

- The daily SuperTrend indicator is 'bearish' as of 2026-09-18.
- The weekly SuperTrend indicator is 'bearish' as of 2026-09-18.
- The stock has a current drawdown of -26% and a maximum drawdown of -36%.
- The three-month return as of 2026-09-18 was -19%.

- NSE IPO subscribed fully on Day 2; QIB, NII quotas booked 1.3 times each
- Rentomojo share price rises 44% above IPO price: What should investors watch now?
- Final day to buy Hero Motors, SS Retail, Jindal Supreme: Which issue has highest IPO GMP? Check subscription, review
- Veegaland Developers Delivers Impressive Dalal Street Debut, Stock Surges 10% in Opening Trade
- SS Retail IPO subscribed over 14x so far on last day of bidding; GMP rises to 33%

### FAQs

**What do recent investor meetings indicate about BSE Limited's engagement with the market?**

BSE Limited has been actively engaging with institutional investors and analysts. Filings show scheduled meetings in September 2026 with entities including Schonfeld Strategic Advisor, Axis Max Life Insurance, William Blair, Vishal Kamalaksha Bhat, J.P. Morgan, and Abakkus Asset Management. These meetings, held physically in Mumbai, are part of the company's efforts to update stakeholders on its performance and outlook.

**How has BSE Limited's stock performed over different time horizons?**

As of September 18, 2026, BSE Limited's stock has shown varied performance. It has delivered a return of 49% over the past year and 24% year-to-date. However, its performance over shorter periods shows a decline: -1% in the last month, -19% in the last three months, and 9% in the last six months. The stock has returned 81% since its inception.

**What are the key technical indicators for BSE Limited's stock as of September 18, 2026?**

On a daily basis, technical indicators suggest a bearish trend, with the Supertrend indicator at 3517.55 and the EMA 20 slope at -29.51. However, on a monthly basis, the Supertrend is at 2376.59, indicating a bullish trend. The weekly trend also shows a bearish Supertrend at 4022.25, with a negative EMA 20 slope of -89.32. The stock's closing price on this date was ₹3266.4.

**What are the nearest support and resistance levels for BSE Limited's stock?**

As of September 18, 2026, the nearest support level identified is ₹3264.73, followed by ₹3226.47. The nearest resistance level is ₹3297.27, with further resistance points at ₹3335.53 and ₹3368.07.

- NSE IPO subscribed fully on Day 2; QIB, NII quotas booked 1.3 times each
- Rentomojo share price rises 44% above IPO price: What should investors watch now?
- Final day to buy Hero Motors, SS Retail, Jindal Supreme: Which issue has highest IPO GMP? Check subscription, review
- Veegaland Developers Delivers Impressive Dalal Street Debut, Stock Surges 10% in Opening Trade
- SS Retail IPO subscribed over 14x so far on last day of bidding; GMP rises to 33%
- BSE Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- BSE Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- BSE LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- BSE Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- BSE LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
## Technical analytics

- As of: 2026-09-18
- Daily trend: Weak Downtrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹3,264.73
- Risk regime: Price Risk Requires Attention

### Support levels
- 3131.5
- 2787.25
- 2734.9

### Resistance levels
- 3474.5
- 3560
- 3867.5

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +0.23% |
| return_10 | -1.20% |
| return_1m | -1.26% |
| return_1y | +48.59% |
| return_20 | -0.75% |
| return_3m | -18.63% |
| return_5 | -1.20% |
| return_6m | +9.04% |
| return_since_start | +80.60% |
| return_ytd | +24.29% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | elevated_risk |
| label | Price risk requires attention |
| summary | Recent drawdown or price variability is high enough to warrant closer monitoring. |
| maximum_drawdown | -36.49% |
| annualized_volatility | +46.63% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Profit jumps 9% sequentially as margins widen despite flat revenue

BSE Ltd. reported revenue of ₹1,566.02 crore in the first quarter of FY2026–27, nearly unchanged from the previous quarter. However, total net profit rose 9.7% to ₹872.66 crore, supported by a sharp increase in other income and a resulting expansion in the pre‑tax profit margin from 67.3% to 73.1%. Profit from continuing operations increased 8.7% to ₹853.12 crore.

## Revenue

Revenue from operations was ₹1,566.02 crore, a marginal 0.16% increase from ₹1,563.51 crore in Q4 FY2025–26. This follows a 25.7% sequential jump in the previous quarter. Compared with the same quarter last year (₹958.39 crore), revenue grew 63.4%, indicating that business activity remained significantly higher than a year ago.

## Profitability and other income

Profit before tax rose 8.7% to ₹1,144.12 crore from ₹1,052.51 crore in the prior quarter. The pre‑tax profit margin expanded to 73.1% from 67.3%, an increase of nearly 6 percentage points.

This margin expansion was supported by a sharp rise in other income, which more than doubled to ₹140.70 crore from ₹66.66 crore in Q4. Total income (revenue plus other income) increased 4.7% sequentially, while revenue was nearly flat.

## Tax and net profit

Tax expense was ₹291 crore, up 8.6% sequentially, with an effective tax rate of 25.4% — stable compared with recent quarters. Total net profit (including discontinued operations) rose 9.7% to ₹872.66 crore, while profit from continuing operations increased 8.7% to ₹853.12 crore. Comprehensive income for the period was ₹872.27 crore, nearly identical to total net profit, indicating negligible other comprehensive income.

## Earnings per share and equity capital

Basic earnings per share from continuing operations was ₹21.22, up 9.7% from ₹19.35 in Q4 and 65.8% from ₹12.80 a year ago. The growth in EPS slightly outpaced the increase in continuing operations profit, reflecting a minor reduction in the weighted average number of shares. Paid‑up equity share capital remained at ₹81.58 crore.

## Key Takeaway

BSE’s first quarter of FY2026–27 was characterized by flat revenue but a significant increase in profitability. The pre‑tax margin expanded by nearly 6 percentage points, driven in part by a doubling of other income. As a result, profit before tax rose 8.7% sequentially, and total net profit increased 9.7%. The quarter demonstrated a shift in the relationship between revenue and earnings, with profit advancing despite the pause in top‑line growth.

### Ratios

## Official filings

- 2026-09-18 — Generic Announcement: BSE Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BSE1_18092026174246_NSEIntimation.pdf)
- 2026-09-18 — Generic Announcement: BSE Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BSE1_18092026174423_NSEIntimation.pdf)
- 2026-09-18 — Generic Announcement: BSE Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_14509_WebXMLFile_20260918_175412165.xml)
- 2026-09-17 — Generic Announcement: BSE Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BSE1_17092026143337_NSEIntimation.pdf)
- 2026-09-16 — Generic Announcement: BSE Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BSE1_16092026165642_NSEIntimation_21092026.pdf)
- 2026-09-16 — Generic Announcement: BSE Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_14509_WebXMLFile_20260916_170446523.xml)
- 2026-09-11 — Generic Announcement: BSE Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BSE1_11092026175028_NSEIntimation.pdf)
- 2026-09-11 — Generic Announcement: BSE Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_14509_WebXMLFile_20260911_175221226.xml)
- 2026-09-11 — Management Change: BSE Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BSE1_11092026174820_NSEintimation.pdf)
- 2026-09-10 — Generic Announcement: BSE Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BSE1_10092026180312_NSEIntimation.pdf)
- 2026-09-05 — Generic Announcement: Alivus Life Sciences Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/GLS_05092026201935_BSE_NSE_Investor_Meet_0509_Signed.pdf)
- 2026-09-04 — Generic Announcement: BSE Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_14509_WebXMLFile_20260904_102955973.xml)
- 2026-09-04 — Generic Announcement: State Bank Of India — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/SBIN1_04092026134605_BSE_NSE_INE062A08280_03092026_dsc.pdf)
- 2026-09-03 — Generic Announcement: BSE Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BSE1_03092026105909_NSEIntimation.pdf)
- 2026-09-03 — Generic Announcement: Talwalkars Better Value Fitness Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/TALWALKARS1_03092026185745_Notice_of_AGM-_BSE_and_NSE.pdf)
- 2026-09-01 — Generic Announcement: State Bank Of India — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/SBIN1_01092026160341_BSE_NSE_CallOption_8298_dsc.pdf)
- 2026-09-01 — Generic Announcement: Flair Writing Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/flair2016_01092026161306_BSE_NSE_Initmation_for_Allotment_of_Shares.pdf)
- 2026-09-01 — Generic Announcement: BSE Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BSE1_01092026182136_NSEIntimation.pdf)
- 2026-09-01 — Generic Announcement: Univa Foods Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/univa_01092026221544_BSE_Pre_Intimation_sd.pdf)
- 2026-08-31 — Generic Announcement: PAKKA LIMITED — [Official attachment](https://nsearchives.nseindia.com/corporate/yashpakka_31082026182052_Disclosure_BSE_Listing_Approval.pdf)
- 2026-08-27 — Generic Announcement: Sampann Utpadan India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SEPOWER_27082026132556_NSE_BSE_Out_Come_27082026_DATE_AGM.pdf)
- 2026-08-27 — Generic Announcement: Sampann Utpadan India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SEPOWER_27082026132952_NSE_BSE_Out_Come_27082026_DATE_AGM.pdf)
- 2026-08-26 — Generic Announcement: BSE Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BSE1_26082026181414_NSEIntimation.pdf)
- 2026-08-26 — Press Release: Shalibhadra Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SHALIFIN_26082026182320_BSE_Upload.pdf)
- 2026-08-26 — Generic Announcement: BSE Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BSE1_26082026181526_NSEIntimation.pdf)

## News and market events

- 2026-09-18 — REDIFF.COM: **Jindal Supreme IPO Subscribed 181 Times Signalling Strong Investor Confidence** — Jindal Supreme (India) Ltd's initial public offering, a manufacturer of plastic piping solutions, was subscribed an astounding 181.07 times on its final day, reflecting robust investor demand across all categories. — [Source](https://www.rediff.com/business/report/jindal-supreme-ipo-oversubscribed-181-times-what-this-means-for-investors/20260918.htm)
- 2026-09-18 — FREEPRESSJOURNAL.IN: **Jindal Supreme IPO Gets Massive Response, Subscribed 181 Times On Final Day** — Jindal Supreme India’s Rs 125-crore IPO was subscribed 181.07 times on the final day, receiving bids for 1,70,19,83,003 shares against 93,99,600 on offer. The non-institutional portion was subscribed 327.99 times, retail 149.34 times and QIBs 126.41 times. Shares are proposed to list on September 23. — [Source](https://www.freepressjournal.in/business/jindal-supreme-ipo-gets-massive-response-subscribed-181-times-on-final-day)
- 2026-09-18 — Mint: **This newly listed stock more than doubled investors' money in less than 2 months; HDFC Securities sees further upside** — The stock debuted on the Indian bourses on 30 July this year. Currently, it is up almost 118% from its IPO price of  ₹485. The stock's record low is  ₹701, set on the listing day itself. — [Source](https://www.livemint.com/market/stock-market-news/this-newly-listed-stock-more-than-doubled-investors-money-in-less-than-2-months-hdfc-securities-sees-further-upside-11789726391489.html)
- 2026-09-18 — BUSINESSTODAY: **NSE IPO subscribed fully on Day 2; QIB, NII quotas booked 1.3 times each** — National Stock Exchange of India, National Stock Exchange of India IPO, National Stock Exchange, National Stock Exchange IPO, NSE , NSE IPO, IPO, NSE IPO IPO Day 2, NSE IPO GMP, NSE IPO allotment date, NSE IPO subscription status, NSE IPO listing date, NSE IPO details, NSE IPO Subscription day 2, NSE IPO Subscription status, NSE IPO grey market premium, NSE IPO gmp, NSE IPO day 2 bidding — [Source](https://www.businesstoday.in/markets/ipo-corner/story/nse-ipo-subscribed-fully-on-day-2-qib-nii-quotas-booked-1-3-times-each-556435-2026-09-18)
- 2026-09-18 — Mint: **Rentomojo share price rises 44% above IPO price: What should investors watch now?** — Rentomojo share price fell by over 1% in its second trading session, yet it remains 44% higher than its IPO price of  ₹404. The stock opened at  ₹566.95, hit a low of  ₹524.95, and closed at  ₹532.95, highlighting strong investor interest. — [Source](https://www.livemint.com/market/stock-market-news/rentomojo-share-price-rises-44-above-ipo-price-what-should-investors-watch-now-11789716691840.html)
- 2026-09-18 — Mint: **Final day to buy Hero Motors, SS Retail, Jindal Supreme: Which issue has highest IPO GMP? Check subscription, review** — The three IPOs - Hero Motors, SS Retail, and Jindal Supreme - showcase potential in automotive, retail, and steel sectors. As bidding wraps up today, investors are eyeing robust subscription rates and grey market premiums for insights. — [Source](https://www.livemint.com/market/ipo/final-day-to-buy-hero-motors-ss-retail-jindal-supreme-which-issue-has-highest-ipo-gmp-check-ipo-subscription-review-11789715942088.html)
- 2026-09-18 — FREEPRESSJOURNAL.IN: **Veegaland Developers Delivers Impressive Dalal Street Debut, Stock Surges 10% in Opening Trade** — Veegaland Developers shares listed at ₹154 on NSE, a 10% premium over the ₹140 issue price, after its ₹210-crore IPO was subscribed 13.55 times. — [Source](https://www.freepressjournal.in/business/veegaland-developers-delivers-impressive-dalal-street-debut-stock-surges-10-in-opening-trade)
- 2026-09-18 — MONEYCONTROL: **SS Retail IPO subscribed over 14x so far on last day of bidding; GMP rises to 33%** — SS Retail IPO, SS Retail IPO subscription, SS Retail IPO GMP, SS Retail IPO GMP today, SS Retail IPO September 16, SS Retail IPO Day 1 subscription, SS Retail IPO latest news, SS Retail IPO price band, SS Retail IPO allotment, SS Retail IPO listing date, SS Retail IPO investors, SS Retail IPO anchor investors, SS Retail IPO shares, SS Retail IPO grey market premium, SS Retail IPO subscription status, SS Retail IPO NSE, SS Retail IPO BSE, SS Retail IPO Rs 500 crore, SS Retail IPO retail subscription, SS Retail IPO NII subscription, SS Retail IPO QIB subscription, SS Retail shares, SS Retail IPO review, SS Retail IPO details, SS Retail IPO news, SS Retail mobile retail IPO, SS Retail IPO 2026 — [Source](https://www.moneycontrol.com/news/business/ipo/ss-retail-ipo-subscribed-over-14x-so-far-on-last-day-of-bidding-gmp-rises-to-28-14032782.html)
- 2026-09-18 — MONEYCONTROL: **Hero Motors IPO: Issue subscribed over 4x so far on Day 3; GMP drops to 4%** — Hero Motors IPO, Hero Motors IPO subscription, Hero Motors IPO GMP, Hero Motors IPO GMP today, Hero Motors IPO September 16, Hero Motors IPO price band, Hero Motors IPO allotment, Hero Motors IPO listing date, Hero Motors IPO shares, Hero Motors IPO grey market premium, Hero Motors IPO latest news, Hero Motors IPO subscription status, Hero Motors IPO NSE, Hero Motors IPO BSE, Hero Motors IPO anchor investors, Hero Motors IPO Rs 1000 crore, Hero Motors IPO fresh issue, Hero Motors IPO offer for sale, Hero Motors shares, Hero Motors IPO review, Hero Motors IPO investment, Hero Motors IPO news, Hero Motors IPO 2026, Hero Motors GMP today, Hero Motors subscription status today — [Source](https://www.moneycontrol.com/news/business/ipo/hero-motors-ipo-issue-subscribed-over-4x-so-far-on-day-3-gmp-drops-to-4-14032769.html)
- 2026-09-18 — The Hindu: **Veegaland Developers shares hit lower circuit after 10% premium listing on NSE** — Veegaland Developers shares came under selling pressure after making a modest debut at a premium to their IPO price on Friday. — [Source](https://www.thehindubusinessline.com/markets/veegaland-developers-hit-lower-circuit-after-10-premium-listing-on-nse/article71479497.ece)
- 2026-09-18 — BUSINESSTODAY: **NSE IPO: Nirmal Bang and Sparks say 'Subscribe', cites structural growth potential** — NSE IPO, NSE IPO subscription, NSE IPO rating, NSE IPO review, NSE IPO Nirmal Bang, NSE IPO Subscribe, NSE IPO brokerage rating, NSE IPO price band, NSE IPO valuation, NSE IPO GMP, NSE IPO allotment, NSE IPO listing date, NSE IPO issue size, NSE IPO latest news, National Stock Exchange IPO, NSE IPO BSE comparison, NSE IPO FY26 valuation, NSE options market share, NSE IPO brokerage views, Nirmal Bang NSE IPO, Spark's Midas NSE IPO, NSE IPO Nirmal Bang Subscribe rating, NSE IPO brokerage review and rating, NSE IPO should you subscribe, NSE IPO key risks and positives, NSE IPO latest brokerage recommendations — [Source](https://www.businesstoday.in/markets/ipo-corner/story/nse-ipo-nirmal-bang-and-sparks-say-subscribe-cites-structural-growth-potential-556365-2026-09-18)
- 2026-09-18 — Times of India: **NSE IPO Day 2: After 43% subscription on first day, GMP stands at 8%; what brokerages are saying** — India Business News: NSE IPO Day 2: National Stock Exchange of India IPO, India’s second largest till date, enters its second day of subscription with a grey market premiu. — [Source](https://timesofindia.indiatimes.com/business/india-business/nse-ipo-day-2-after-43-subscription-on-first-day-gmp-stands-at-8-what-brokerages-are-saying/articleshow/134326592.cms)
- 2026-09-18 — MONEYCONTROL: **Jindal Supreme IPO subscribed over 50x so far on Day 3; GMP jumps to 33%** — Jindal Supreme IPO, Jindal Supreme IPO subscription, Jindal Supreme IPO GMP, Jindal Supreme GMP today, Jindal Supreme IPO Day 2, Jindal Supreme IPO latest GMP, Jindal Supreme IPO price band, Jindal Supreme IPO allotment, Jindal Supreme India IPO, IPO subscription status, IPO GMP today, Jindal Supreme shares — [Source](https://www.moneycontrol.com/news/business/ipo/jindal-supreme-ipo-gmp-today-day-2-should-you-apply-or-not-14032743.html)
- 2026-09-18 — BUSINESS: **PVR Inox hits 52-week high, up 12% in 6 days post share buyback record date** — On Friday, PVR Inox's share price quoted higher for the third straight trading day, soaring 7 per cent during the period. The ex-date for share buyback was September 04, 2026. — [Source](https://www.business-standard.com/markets/news/pvr-inox-hits-52-week-high-up-12-in-6-days-post-share-buyback-record-date-126091800269_1.html)
- 2026-09-18 — BUSINESS: **Veegaland Developers list at premium** — Shares of Veegaland Developers were currently trading at Rs 143.45 at 10:21 IST on the BSE, representing a premium of 2.46% as compared with the issue price of Rs 140. — [Source](https://www.business-standard.com/markets/capital-market-news/veegaland-developers-list-at-premium-126091800294_1.html)
- 2026-09-18 — Economic Times: **NSE IPO impact on BSE explained: How the mega listing may benefit a rival** — NSE is set to make its grand debut on the BSE on September 24, 2026. This significant event is anticipated to enhance BSE's market presence and revenue potential. While analysts foresee only a modest revenue boost from trading NSE shares, the surge in investor activity and institutional investments could unveil far larger opportunities. — [Source](https://economictimes.indiatimes.com/markets/ipos/fpos/nse-ipo-impact-on-bse-explained-how-the-mega-listing-may-benefit-a-rival/articleshow/134325864.cms)
- 2026-09-18 — BUSINESS: **Skyways Air Services shares surge 14.5% as Q1 PAT more than doubles** — From its issue price of Rs 138, Skyways Air Services stock is down 5.4 per cent. The stock listed on the exchanges on September 1. — [Source](https://www.business-standard.com/markets/news/skyways-air-services-share-price-surge-14-5-as-q1-pat-more-than-doubles-126091800259_1.html)
- 2026-09-18 — Economic Times: **NSE IPO GMP Today Live: NSE IPO Day 2 bidding begins with 8% GMP. Check subscription status, potential listing gains - The Economic Times** — NSE IPO GMP Live: The second day of bidding begins for the Rs 22,562 crore NSE IPO, with the issue commanding a grey market premium of around 8%. On Day 1, the IPO was subscribed 43% overall, with bids received against the 8.86 crore shares on offer. — [Source](https://economictimes.indiatimes.com/markets/stocks/live-blog/nse-ipo-gmp-live-updates-nse-ipo-subscription-price-band-listing-date-latest-news/liveblog/134300009.cms)
- 2026-09-18 — BUSINESSTODAY: **Block deal effect: Bombay Burmah shares zoom 9%, Mcap crosses Rs 10,000 crore** — Bombay Burmah Block deal, Bombay Burmah Block deal effect, Bombay Burmah shares, Bombay Burmah stock price rises, Bombay Burmah  market cap — [Source](https://www.businesstoday.in/markets/stocks/story/block-deal-effect-bombay-burmah-shares-zoom-mcap-crosses-rs-10000-crore-556345-2026-09-18)
- 2026-09-18 — CNBC-TV18: **Veegaland Developers IPO listing: Shares debut at 10% premium on NSE** — Veegaland Developers IPO was subscribed 14.60 times overall. The retail investor portion was subscribed 9.95 times, while the non-institutional investors (NIIs) category saw 19.41 times subscription. The qualified institutional buyers (QIBs) portion was subscribed 19.13 times. — [Source](https://www.cnbctv18.com/market/veegaland-developers-ipo-listing-today-share-price-debuts-premium-nse-bse-19993359.htm)
- 2026-09-18 — BUSINESS: **Veegaland Developers shares list at 10% premium over IPO price on NSE** — Veegaland Developers share price: Ahead of the stock market debut, Veegaland Developers' IPO GMP was ₹8 or 5.71 per cent. — [Source](https://www.business-standard.com/markets/news/veegaland-developers-shares-list-at-10-premium-over-ipo-price-on-nse-126091800228_1.html)
- 2026-09-18 — BUSINESSTODAY: **Veegaland Developers IPO shares make decent debut; stock lists at 10% premium on NSE** — Veegaland Developers, Veegaland Developers IPO, Veegaland Developers IPO shares listing price, Veegaland Developers IPO shares listing, Veegaland Developers IPO listing price, Veegaland Developers IPO share price, Veegaland Developers IPO gmp, Veegaland Developers IPO latest gmp, Veegaland Developers IPO grey market premium, Veegaland Developers IPO news — [Source](https://www.businesstoday.in/markets/stocks/story/veegaland-developers-ipo-shares-make-decent-debut-stock-lists-at-10-premium-on-nse-556339-2026-09-18)
- 2026-09-18 — MONEYCONTROL: **Veegaland Developers share price: Stock lists at 10pc premium over IPO price on NSE; should you buy, sell or hold?** — Veegaland Developers share price today, Veegaland Developers share price nse, Veegaland Developers share price nse today news, Veegaland Developers share price target, Veegaland Developers share listing price, Veegaland Developers shares nse, Veegaland Developers shares bse — [Source](https://www.moneycontrol.com/news/business/ipo/veegaland-developers-share-price-stock-lists-at-10pc-premium-over-ipo-price-on-nse-should-you-buy-sell-or-hold-14032653.html)
- 2026-09-18 — Mint: **Hero Motors IPO GMP rises 7% on Day 3; check key dates, review, subscription. Should you apply or not? | Stock Market News** — Hero Motors IPO opened for subscription on 16 September at ₹79– ₹84 per share and closed on 18 September. The allotment basis is expected on 21 September, with shares listed on 23 September. The IPO consists of a fresh issue worth ₹600 crore and an Offer for Sale of ₹400 crore. — [Source](https://www.livemint.com/market/hero-motors-ipo-gmp-rises-7-on-day-3-check-key-dates-review-subscription-should-you-apply-or-not-11789702052357.html)
- 2026-09-18 — Economic Times: **Veegaland Developers shares to list today; Check GMP ahead of debut** — The Rs 210-crore public issue was priced at Rs 140 per share and comprised entirely of a fresh issue of 1.50 crore shares. Since the IPO had no offer-for-sale (OFS) component, the proceeds will go directly to the company. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/veegaland-developers-shares-to-list-today-check-gmp-ahead-of-debut/articleshow/134324439.cms)

## Business profile

**Strategic vision:** Provides market for trading financial instruments.

### Business segments
- **BSE SME:** Serves as a platform for small and medium enterprises in India.
- **BSE StAR MF:** An online mutual fund platform.
- **BSE SENSEX:** A popular equity index that functions as a stock market benchmark.
- **Asia Index Private Limited:** Provides thematic indices such as BSE Premium Consumption.

### Competitive strengths
- Operates a recognized equity index (BSE SENSEX) functioning as a stock market benchmark.

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## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/bse
Markdown representation: https://faxioms.com/stocks/bse?render=md