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

StateCash

At a Glance

Scheme Category

Business & Entrepreneurship,Employee management,Setting up / start-up / entrepreneurship

Target Beneficiaries

Business Entity,Industries

Brief Description

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.

Benefit Type

Cash

Eligibility Criteria

All small and medium enterprises (SMEs) in Rajasthan must fulfill the following criteria: 1. Small & medium enterprises having a Udyam Registration Certificate (URC) or MSME registration under MSMED Act, 2006. 1. Enterprise raising the equity capital through SME Exchange platforms should be established in Rajasthan. 1. Enterprise should have successfully raised capital through SME Exchange during the operative period of the scheme and would also need to file the application within the operative period of the scheme. 1. Applicant will be required to submit application within one year from the date of successfully listing on SME Exchange Platform. 1. Enterprise should have followed the guidelines of SEBI for raising capital through SME Exchange. 1. Enterprises engaged in Manufacturing and Services only will be eligible for the scheme. 1. The enterprise should be in regular production/ commercially active at the time of disbursement and the assistance shall not be released to a closed unit.

Application Mode

Offline

Application Process

Application Process: Step 1: The interested applicants may download the application form <nis:link nis:type=webUrl nis:id=slugId nis:text="(Annexure 2.1)" nis:value=https://jankalyanfile.rajasthan.gov.in//Content/UploadFolder/OrderEntry/ICOM/2025/Guidelines/O_030325_26f50adb-f7b4-4eb5-b94d-1e5e45451a85.pdf nis:enabled=true/> from the official website. Step 2: In the application form, fill in all the mandatory fields, and attach copies of all the mandatory documents (self-attest, if required). Step 3: Submit the duly filled and signed application form along with the documents to the respective Commissioner, Industries & Commerce. Note: - The application must be submitted within one year from the date of successful listing. - The office of the Commissioner, Industries & Commerce/Concerned DICC may conduct the necessary physical verification of the enterprise to validate the authenticity of the documents. Post-Application Process: Step 1: The application will be evaluated by the Department of Industries & Commerce. Step 2: The application is reviewed by the High-Level Task Force Committee (HLTFC). Step 3: Upon approval, an approval letter is issued. Step 4: The approved amount will be disbursed to the enterprise’s bank account under the RAMP fund.

Required Documents

  • 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 as per 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 last year.
  • Undertaking/Declaration on non-judicial stamp paper as per Annexure 2.3

FAQs

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.

Assistance Towards Expenses Incurred for Raising of Funds through NSE’s/ BSE’s SME Exchange Platform | Rajasthan | Public App