Assistance Towards Expenses Incurred for Raising of Funds through NSE's/ BSE's SME Exchange Platform in Meerut

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

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)