Raising and Accelerating MSME Performance (RAMP) Interventions: Assistance for Small & Medium Enterprises (SME) To Raise Capital Through Small & Medium Enterprises (SME) Exchange - DNH&DD
By Department of Industries, UT Administration of Dadra and Nagar Haveli and Daman and Diu
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Quick Answer
A scheme under the RAMP initiative by DNH&DD providing one-time financial assistance of up to ₹15 lakh to eligible SMEs for IPO-related expenses incurred when raising equity capital through SME Exchanges.
- Funding amount
- Up to ₹15 Lakhs
- Funding type
- Subsidy
- Application deadline
- Rolling
About this subsidy
The Raising and Accelerating MSME Performance (RAMP) Interventions scheme is a significant initiative spearheaded by the Government of India, with crucial assistance from the World Bank. Its overarching goal is to fortify the Micro, Small, and Medium Enterprise (MSME) sector across India by enhancing their productivity, competitiveness, and overall resilience. This is achieved through a multi-faceted approach involving comprehensive reforms, targeted capacity-building measures, and crucially, improved access to both finance and market opportunities.
Specifically, 'Intervention 3' of the RAMP scheme, titled 'Assistance for small & medium enterprises (SME) to raise capital through small & medium enterprises (SME) exchange,' has been meticulously implemented by the Department of Industries in the Union Territory of Dadra & Nagar Haveli and Daman & Diu. This particular intervention is designed to actively encourage SMEs to leverage the SME Exchange, under SEBI guidelines, as a viable route for raising equity capital. To incentivize this, the UT Administration offers a one-time financial assistance of up to ₹15,00,000/-. This support is intended to cover various eligible IPO-related expenses, including listing fees, statutory charges, and essential professional fees. The scheme aims to support a minimum of 6 SMEs through this intervention, facilitating their growth and access to public markets.
Eligibility
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Full eligibility criteria — entity type, stage, sector, founder profile and registration requirements — plus your fit for this program. Sign up to view.
Subsidy providers
Benefits & Funding
- Amount
- Up to ₹15 Lakhs
What You Get
This intervention provides one-time financial assistance of up to ₹15,00,000, or the actual cost incurred for raising capital, whichever is lower. The support is disbursed to eligible SMEs upon their successful raising of equity through an SME Exchange. The assistance covers a comprehensive range of IPO-related expenses, including initial and annual listing fees for the exchange, various statutory and regulatory fees such as SEBI filing fees, ROC filing fees, and stamp duty. Additionally, it encompasses professional fees for essential service providers like legal advisors, auditors, registrars to the issue, merchant bankers, and company secretaries, along with other miscellaneous IPO-related costs. This aims to significantly reduce the financial burden on SMEs accessing public markets.
- Disbursement
- Reimbursement
- Cohort size
- 6 startups
- Bootstrap friendly
- Yes
Timelines & Process
Applications
Rolling basis
Selection Process
Applications are first submitted online and then undergo scrutiny and verification by the UT RAMP Programme Committee (UTRPC). Following the UTRPC's recommendations, the District Industries Centre (DIC) will issue a formal sanction order to the approved SMEs. The entire process, from submission of complete documents to sanction, is aimed to be completed within 90 days, with applications handled on a first-come, first-served basis, contingent on the availability of funds.
Application Process
- 1
Visit Portal
Applicant visits the official web portal swp.dddgov.in to initiate the application.
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How to apply
Four steps from draft to disbursement — one action each.
- 1
Submit on the official portal
Use the official application link and verify all details before final submission.
- 2
Follow up
Reach out 5–7 days after submitting to confirm receipt and ask about the review timeline.
Frequently Asked Questions
What is the maximum financial assistance available under this scheme?
The scheme provides a one-time financial assistance of up to ₹15,00,000 or the actual cost incurred for raising capital, whichever amount is lower, upon successful listing on an SME Exchange.
Which expenses are covered by this assistance?
Eligible expenses include exchange-related fees (initial and annual listing), statutory and regulatory fees (SEBI, ROC, stamp duty), professional fees (legal advisor, auditor, merchant banker, company secretary), and other IPO-related costs.
What are the key eligibility criteria for an SME?
To be eligible, an SME must be Udyam registered with operations and a registered office in DNH&DD, be a Private/Public Limited entity with a CIN, and already be listed on NSE Emerge or BSE SME with an approval letter.
Is there a restriction on the industry or business stage?
No, the scheme is open to enterprises engaged in manufacturing and service sectors across all industries. Both new and existing enterprises are eligible to apply.
How many SMEs will benefit from this intervention?
A minimum of 6 SMEs are targeted to benefit under this intervention to encourage broader participation in capital markets.
How is the application processed and funds disbursed?
After online submission, applications are scrutinized by the UT RAMP Programme Committee. Upon recommendation, a sanction order is issued by the DIC, and the approved subsidy is credited to the applicant’s Loan or Cash Credit account via RTGS/NEFT. Applications are processed on a first-come, first-served basis, within 90 days.
