About this business scheme
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.
The scheme "Raising and Accelerating MSME Performance (RAMP)" Interventions is an initiative launched by the Government of India with assistance from the World Bank to enhance the performance of Micro, Small, and Medium Enterprises (MSMEs) across the country. RAMP aims to improve the productivity, competitiveness, and resilience of MSMEs through a comprehensive set of reforms, capacity-building measures, and improved access to finance and market opportunities. The scheme RAMP with "Intervention 3: Assistance for small & medium enterprises (SME) to raise capital through small & medium enterprises (SME) exchange" has been implemented by the Department of Industries, Union Territory of Dadra & Nagar Haveli and Daman & Diu.
Through this scheme, to encourage SMEs to raise equity capital via SME Exchange under SEBI guidelines, the UT Administration will provide one-time financial assistance of up to Rs. 15,00,000/-. The support covers eligible IPO-related expenses such as listing fees, statutory charges, and professional fees. A minimum of 6 SMEs will be supported under this intervention.
Benefits at a glance
| Scheme name | Raising and Accelerating MSME Performance (RAMP) Interventions: Assistance for Small & Medium Enterprises (SME) To Raise Capital Through Small & Medium Enterprises (SME) Exchange – DNH&DD (RAMPASMERDNH) |
|---|---|
| Launched by | Department of Industries |
| Benefit type | Cash (money paid to your bank account) |
| Category | Business |
| Level / State | State · Dadra & Nagar Haveli and Daman & Diu |
| Official portal | swp.dddgov.in (link at the end of this page) |
Key facts
| Scheme for | Infra |
|---|---|
| Application mode | Online |
| Last date | Ongoing (no last date notified) |
| DBT (direct bank transfer) | No |
| Age | No lower limit to 80 years |
Who can apply (quick check)
- 👤All genders
- 🎂Age 0 to 80 years
- 📝Online
Quick check from official data. Full conditions are in the Eligibility section.
What you receive
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):
- One-time assistance of up to Rs. 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.
- 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.
- A minimum of 6 SME shall benefit under this intervention.
Conditions for Assistance (SME Exchange):
- The enterprise must apply for assistance after the date of listing on the SME Exchange, and within the operative period of these guidelines.
- SME status of the enterprise will be considered on the date of listing in the SME Exchange.
- SME should have registered as a Private/Public Limited entity and have a CN number
- SME listed in either or both NSE Emerge and BSE SME are eligible and should have an SME exchange listing approval letter.
- SME having a registered office within the jurisdiction of the UT of DNH&DD.
- The units must possess a valid Udyam Registration Number in the UT of DNH&DD
- Enterprises engaged in manufacturing and service sectors across all industries shall be eligible under this intervention.
- New/ Existing enterprises will be eligible.
Who qualifies
- The unit must be Udyam registered with operations in the UT of DNH&DD.
- 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.
- Eligibility of the MSME unit shall be subject to the detailed conditions specified under the respective scheme provisions.
Who is not eligible
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Registration walkthrough
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.
Frequently asked questions
What is the objective of this intervention?
This intervention aims to support SMEs in raising equity capital through SME Exchanges by providing financial assistance for expenses related to listing and public issue processes.
What financial assistance is provided under this intervention?
Eligible SMEs can receive one-time assistance up to Rs. 15,00,000/- or the actual cost incurred for raising capital through SME Exchange, whichever is lower.
Who can apply under this intervention?
MSMEs classified as Small or Medium enterprises, registered under Udyam, and listed on a recognised SME Exchange (such as BSE SME or NSE SME) can apply.
When can an SME apply for this assistance?
The SME can apply after successful listing on the SME Exchange.
What types of expenses are covered under this intervention?
Expenses related to raising capital are covered, including exchange-related fees, SEBI filing fees, ROC filing fees, stamp duty, and professional fees such as legal advisor, auditor, merchant banker, company secretary, and registrar to the issue.
Is there any limit on the number of beneficiaries?
Yes, this intervention aims to support a minimum of 6 SMEs.
Is the assistance provided more than once?
No, the assistance is provided as a one-time benefit for raising capital through SME Exchange.
What documents are required to apply under this intervention?
Applicants must submit documents such as Udyam Registration Certificate, SME Exchange Listing Letter, GST Registration Certificate, Public Issue Prospectus, Expenditure Statement, CA Certificates, Bills, Bank Statements, and other supporting documents as specified.
Is CA certification required for claiming expenses?
Yes, expenditure statements and bills must be certified by a Chartered Accountant.
How is the assistance disbursed under this intervention?
The approved amount is credited to the applicant’s Loan or Cash Credit account through RTGS/NEFT after verification and sanction.
What happens if incorrect information is provided?
Providing false or misleading information may lead to rejection of the application and recovery of assistance, along with penalties.
How can an applicant apply for this intervention?
The applicant must submit the prescribed application form along with the required documents through the official portal http://swp.dddgov.in.
Submit your application yourself on the official portal; it costs nothing. Treat anyone demanding money to "get you approved" as a scam.
- Guidelines ddd.gov.in
tsmpb.in is not affiliated with any government department. Apply only on the official portal and never pay anyone for an application.
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