Assistance Towards Expenses Incurred for Raising of Funds through NSE's/ BSE's SME Exchange Platform in Dispur
ATWIRFTNBSEP
Department of Industries & Commerce, Government of Rajasthan
Guidance for businesses in Dispur
Under this scheme, the Govt. of Rajasthan will provide one-time support up to a maximum of ₹15,00,000/- towards expenses incurred for raising of funds through NSE's/BSE's SME exchange platform after successful raising of equity.
At a glance
- Implementing State
- Government of Rajasthan
- Support
- One-time, up to ₹15,00,000
- Trigger
- After successful equity listing on SME Exchange
- Beneficiaries
- Udyam-registered SMEs (manufacturing & services)
- Application Window
- Within 1 year of listing
- Validity
- Until 31 March 2029
Benefits
One-time support up to a maximum of ₹15,00,000/- towards expenses incurred for raising funds through NSE's/BSE's SME exchange platform, after successful raising of equity.
Expenditure covered: Stock Exchange Filing Fees; "Registrar to the issue" Expenses; Stock Exchange Software Expenses; SEBI registered merchant banker charges; RTA Fees, CDSL and NSDL joining and admission Fees; Advertising charges; NSE or BSE Fees and other Expenses; Market making fees.
Note: The enterprise must be commercially active and in regular production at the time of disbursement. The assistance is released only after successful listing and verification of documents.
Eligibility
- Small & medium enterprises having a Udyam Registration Certificate (URC) or MSME registration under the MSMED Act, 2006.
- The enterprise raising equity capital through SME Exchange platforms should be established in Rajasthan.
- The enterprise should have successfully raised capital through SME Exchange during the operative period of the scheme, and file the application within the operative period.
- The applicant must submit the application within one year from the date of successfully listing on the SME Exchange Platform, and should have followed SEBI guidelines for raising capital.
- Enterprises engaged in Manufacturing and Services only are eligible. The enterprise should be in regular production/commercially active at the time of disbursement (assistance not released to a closed unit).
Documents required
- Certificate of Incorporation/Partnership deed or equivalent document
- Memorandum of Association & Article of Association or equivalent documents
- Board Resolution/Power of attorney in the name of Authorized Signatory
- Udyam Registration Certificate (URC)
- CA certified expenditure statement (Annexure 2.2) with expense vouchers/bills
- Copy of SME Exchange Registration
- Other Registrations/Licenses/Approval/Permission
- Copy of Application Form prepared by enterprise for Equity Capital issue
- Copy of Public Issue Brochure
- Proof for Commencement of Commercial Production (Recent Sale Bill)
- Bank account details/copy of cancelled cheque and PAN number card
- Audited balance sheet of the unit of the last year
- Undertaking/Declaration on non-judicial stamp paper (Annexure 2.3)
How to apply
- 1
Download the application form (Annexure 2.1) from the official website.
- 2
Fill in all mandatory fields and attach copies of all mandatory documents (self-attest, if required).
- 3
Submit the duly filled and signed application form along with the documents to the respective Commissioner, Industries & Commerce, within one year from the date of successful listing (physical verification may be conducted).
- 4
The application is evaluated by the Department of Industries & Commerce and reviewed by the High-Level Task Force Committee (HLTFC). Upon approval, an approval letter is issued and the approved amount is disbursed to the enterprise's bank account under the RAMP fund.
About the scheme
This Rajasthan scheme provides one-time support of up to ₹15,00,000 towards the expenses incurred by SMEs for raising funds through NSE's/BSE's SME exchange platform, after a successful equity listing — helping SMEs access capital markets.
Why it matters
- Capital Market Access:
- Supports SME listing on NSE/BSE SME platforms.
- ₹15 Lakh Support:
- One-time reimbursement of listing expenses.
- Wide Coverage:
- Filing fees, merchant banker, RTA, advertising.
- Manufacturing & Services:
- Both sectors eligible.
Focus areas
- SME Listing:
- NSE/BSE SME exchange platform.
- Equity Raising:
- Supporting capital-market access.
- MSMEs:
- Manufacturing and service enterprises.
Is this scheme right for you?
This scheme helps Rajasthan's SMEs access capital markets by reimbursing up to ₹15 lakh of the cost of listing on the NSE/BSE SME exchange. If you are an Udyam-registered SME that has raised equity on an SME platform, this scheme can offset your listing expenses (apply within one year of listing).
Frequently asked questions
Who can apply under this scheme?
Small and Medium Enterprises (SMEs) registered in Rajasthan that have raised equity through NSE/BSE's SME platform.
What kind of financial support is provided?
One-time assistance up to ₹15,00,000 towards eligible expenses.
Is there a time limit for applying?
Yes, applications must be submitted within one year of successful listing.
What expenses are eligible for reimbursement?
Filing fees, merchant banker charges, RTA fees, advertising, and exchange platform fees.
Who approves the applications?
The High Level Task Force Committee (HLTFC) under the Department of Industries & Commerce.
Can the enterprise be inactive at the time of applying?
No, only commercially active enterprises are eligible for assistance.
How is the assistance disbursed?
Post-approval, the amount is transferred to the enterprise's bank account.
Are service sector units eligible?
Yes, both manufacturing and service sector MSMEs are eligible.
Is this scheme applicable to enterprises outside Rajasthan?
No, only enterprises established in Rajasthan are eligible.
What is the applicability date of this scheme?
The scheme is valid till 31st March 2029, but individual applications must be submitted within one year of listing.
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