Raising and Accelerating MSME Performance (RAMP) Interventions: Assistance for Small & Medium Enterprises (SME) To Raise Capital Through Small & Medium Enterprises (SME) Exchange - DNH&DD
This intervention encourages SMEs to raise equity capital through SME Exchanges under SEBI guidelines by providing financial assistance for expenses related to listing and public issue processes.
About This Scheme
Benefits
Under the new guidelines of the Securities and Exchange Board of India (SEBI), Small and Medium Enterprises (SME) can raise equity capital through the SME exchange. To encourage SME to opt for this route, assistance will be provided under this intervention.
> Quantum of Assistance (SME Exchange):
₹15.0 L · one-time
1. One-time assistance of up to ₹15,00,000/- or the actual cost incurred for raising capital, whichever is lower, shall be provided to eligible SMEs upon successful raising of equity through an SME Exchange, in accordance with the approved scheme of the SME Exchange, during the operative period of these guidelines.
1. Eligible expenditure shall include exchange-related fees (initial and annual listing fees), statutory and regulatory fees (SEBI filing fees, ROC filing fees, stamp duty), professional fees (legal advisor, auditor, registrar to the issue, merchant banker, company secretary), and other IPO-related expenses.
1. A minimum of 6 SME shall benefit under this intervention.
> Conditions for Assistance (SME Exchange):
1. The enterprise must apply for assistance after the date of listing on the SME Exchange, and within the operative period of these guidelines.
1. SME status of the enterprise will be considered on the date of listing in the SME Exchange.
1. SME should have registered as a Private/Public Limited entity and have a CN number
1. SME listed in either or both NSE Emerge and BSE SME are eligible and should have an SME exchange listing approval letter.
1. SME having a registered office within the jurisdiction of the UT of DNH&DD.
1. The units must possess a valid Udyam Registration Number in the UT of DNH&DD
1. Enterprises engaged in manufacturing and service sectors across all industries shall be eligible under this intervention.
1. New/ Existing enterprises will be eligible.
Eligibility
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Required Documents
- ✦Constitution of the enterprise (MOA & AOA)
- ✦Board Resolution for Authorised Signatory
- ✦Udyam Registration Certificate
- ✦SME Exchange Listing Letter (from BSE/NSE/SME Exchange)
- ✦GST Registration Certificate
- ✦Public Issue Prospectus or Boucher
- ✦Expenditure Statement on company letterhead
- ✦CA Certificate confirming MSME status on listing date
- ✦Audited Balance Sheet or Annual Report (latest)
- ✦CA Certificate of expenditure statement with head-wise details
- ✦Bills for expenses incurred
- ✦Bank Statement with highlighted payments
- ✦Self-Certified Shareholding Pattern
- ✦Cancelled Cheque (for RTGS/NEFT)
- ✦Undertaking/Declaration on non-judicial stamp paper (Annexure-III)
- ✦Chartered Accountant certified bills
✦ Required ◦ Optional
How to Apply
Quick Info
- Level
- Central Government
- Max benefit
- ₹15.0 L
