RAMPASMERDNH

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 ₹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.

• 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.

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 ₹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.