Raising and Accelerating MSME Performance (RAMP) Interventions: Assistance for Small & Medium Enterprises (SME) To Raise Capital Through Small & Medium Enterprises (SME) Exchange - DNH&DD
State: Dadra & Nagar Haveli and Daman & Diu
Ministry: null
Department: Department of Industries
Category: Business & Entrepreneurship
Beneficiary Type: Industries

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.

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):**

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&amp;DD.
1. The units must possess a valid Udyam Registration Number in the UT of DNH&amp;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.

<br>

Eligibility:
1. The unit must be Udyam registered with operations in the UT of DNH&amp;DD.
1. Eligibility of MSME units in the Manufacturing or Service sector, upon commencement of commercial production or service operations, shall be governed by the duration of operation criteria as outlined in the relevant intervention of the scheme.
1. Eligibility of the MSME unit shall be subject to the detailed conditions specified under the respective scheme provisions.

<br>

Application Process:
[Online]
Step 1: The applicant should visit the web portal: http://swp.dddgov.in.
Step 2: The applicant should fill in the prescribed application form (Annexure I) for the respective component.
Step 3: The applicant should upload all required documents as per Annexure II.
Step 4: The application should be submitted online to the General Manager, District Industries Centre (DIC).
Step 5: The UT RAMP Programme Committee (UTRPC) will scrutinise and verify the application.
Step 6: Based on recommendations, the DIC will issue a sanction order.
Step 7: The approved subsidy will be credited to the applicant’s Loan or Cash Credit account via RTGS/NEFT.
Step 8: The application will be processed within 90 days after submission of complete documents.
Step 9: Applications are processed on a first-come, first-served basis, subject to the availability of funds.

Documents Required:
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