Aatmanirbhar Gujarat Scheme for assistance to MSMEs: Assistance for Raising Capital through SME Exchange
Industries and Mines Department, Government of Gujarat · Central government
Gujarat’s scheme funds MSMEs up to ₹5 lakh for equity-raising expenses on SME Exchanges.
Open, rolling. Applications are accepted continuously — there is no deadline.
Key facts
- Subsidy amount
- Up to ₹5,00,000
- Instrument
- Subsidy
- Deadline
- Rolling
- Disbursement
- Reimbursed after spend
About this scheme
The Industries and Mines Department, Government of Gujarat, operates the Aatmanirbhar Gujarat Scheme for MSMEs as an umbrella initiative. Valid from October 5, 2022, to October 4, 2027, it targets the state's Micro, Small, and Medium Enterprise (MSME) sector, which contributes significantly to employment, economic growth, and exports. The scheme supports the objectives of "Aatmanirbhar Gujarat" and the national "Aatmanirbhar Bharat" mission by encouraging innovation, investment, and sustainable practices within the MSME ecosystem.
One component, "Assistance for Raising Capital through SME Exchange," enables MSMEs to access public capital markets. It provides financial support to enterprises listing equity capital on a recognised SME Exchange. The scheme covers part of the listing expenditure, reducing the cost burden of initial public offerings (IPOs) on SME platforms. This encourages Gujarat-based MSMEs to diversify their funding sources beyond conventional debt or private equity, supporting their expansion prospects.
Who can apply
- Eligible business forms
- Private limited company, Limited liability partnership, One person company, Partnership firm, Sole proprietorship
- Udyam registration
- Not specified
- MSME registration
- Required
- DPIIT startup recognition
- Required
- GST registration
- Not specified
- Where the business may be based
- Gujarat
- Applicant must be a Micro, Small, or Medium enterprise. - Enterprise must raise equity capital through a recognised SME Exchange. - Enterprise must hold valid acknowledgment or registration from either the Ministry of MSME (Udyam Registration) or the Department for Promotion of Industry and Internal Trade (DPIIT Startup India Recognition), as applicable. - Application for assistance must be submitted within one year of the enterprise's listing date on the SME Exchange.
How to apply
1. **New Investor Registration:** Go to the Investor Facilitation Portal (IFP) at https://ifp.gujarat.gov.in/DIGIGOV/. Select the "New Investor Registration" option to open the registration form. 2. **Fill Registration Form:** Provide accurate information about your enterprise in every mandatory field of the form. 3. **Submit Registration:** Press the "Submit" button to register your details on the portal. 4. **Email Verification:** A verification link will be sent to your registered email address. Activate your account by clicking this link. Once verified, your registration is complete. 5. **Login to Portal:** After registration and verification, revisit the Investor Facilitation Portal (IFP) at https://ifp.gujarat.gov.in/DIGIGOV/. Click on "Login." 6. **Enter Credentials:** Input your registered email address and the password set during registration. 7. **Access Account:** Click the "Login" button to enter your investor account on the portal. 8. **Complete Application:** After logging in, go to the section for the "Assistance for Raising Capital through SME Exchange" scheme. Provide all required details about your business, the capital raised, and the expenses incurred. Upload every mandatory supporting document listed in the scheme guidelines and document checklist. 9. **Final Submission:** Check your application thoroughly for accuracy and completeness before submitting it through the portal. Retain copies of all submitted documents and note the application reference number for future use.
How applications are assessed
Applications are assessed by verifying eligibility conditions and the documents submitted. The review centres on confirming that the applicant MSME fulfils every requirement for financial support, such as holding a valid MSME/DPIIT registration, being listed on an SME Exchange, and having incurred qualifying expenses. Each application and its supporting evidence are checked against the scheme’s provisions to establish compliance. Those applications that meet all stipulated conditions are then granted the prescribed financial assistance.
Frequently asked questions
What is the 'Assistance for Raising Capital through SME Exchange' scheme?
This scheme, part of the Aatmanirbhar Gujarat Scheme for MSMEs, offers financial assistance to Micro, Small, and Medium Enterprises in Gujarat. It covers 25% of expenses, up to ₹5 lakh, incurred when raising equity capital by listing on a recognised SME Exchange.
Who is eligible to apply for this assistance?
Enterprises that have raised equity capital through an SME Exchange and hold a valid Udyam Registration from the Ministry of MSME or DPIIT Startup India Recognition are eligible. Applications must be submitted within one year of the listing date.
What kind of expenses are covered under this scheme?
The scheme reimburses expenses incurred while listing on an SME Exchange and raising equity capital, covering fees for merchant bankers, legal advisors, auditors, registrars, and other statutory or exchange-related charges.
Is there a specific deadline to apply?
Applications under the scheme have no fixed annual deadline, but eligible enterprises must apply within one year of their official listing on the SME Exchange. The Aatmanirbhar Gujarat Scheme for MSMEs remains in effect until October 4, 2027.
What are the required documents for the application?
Applicants generally need to submit documents covering their MSME or DPIIT registration, proof of listing on the SME Exchange, details of capital raised, and invoices or proof of expenditure for which reimbursement is claimed. A document checklist is typically available on the Investor Facilitation Portal (IFP).
What is an SME Exchange?
An SME Exchange is a dedicated trading platform within major stock exchanges such as NSE or BSE that enables small and medium-sized enterprises to raise capital from the public. It provides a simpler and less stringent listing process than the main board, making it easier for growing businesses to go public and attract investors.
Sectors
- Msme
- Sme Exchange
- Equity Capital
- Gujarat
- Capital Market
- Reimbursement
Details last verified on 7 September 2026. Source: the issuer's published information.