UP MSME Equity Reimbursement
Government of Uttar Pradesh · Central government
A UP scheme reimburses MSMEs up to 20% (max ₹5 lakh) of equity-raising costs via stock 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
Under the Uttar Pradesh Micro, Small and Medium Enterprises Promotion Policy 2022, this scheme incentivises MSMEs in the state to raise capital through public markets. It provides financial support for expenses linked to stock exchange listing and equity raising, aiming to strengthen the financial position and growth potential of eligible firms.
The initiative helps MSMEs reach wider investor bases, supporting their expansion and contributing to Uttar Pradesh’s economic development. By addressing the significant upfront and recurring costs of public fund-raising, it makes this route more viable for smaller enterprises.
Who can apply
- Eligible business forms
- Private limited company, Limited liability partnership, One person company
- Udyam registration
- Not specified
- MSME registration
- Required
- DPIIT startup recognition
- Not specified
- GST registration
- Not specified
- Where the business may be based
- Uttar Pradesh
- MSMEs registered in Uttar Pradesh. - Must be actively engaged in raising equity funds through recognised Stock Exchanges. - Reimbursement covers a portion of the expenditure incurred during this fund-raising process.
How to apply
Claims for reimbursement must be filed with the designated authority as per the Uttar Pradesh MSME Promotion Policy 2022. The submission should include comprehensive records of costs borne during the equity fund-raising exercise on the Stock Exchange. These records comprise invoices, receipts, payment evidence, and formal correspondence from the stock exchange confirming the fund-raising transaction. Compliance with the format and deadlines specified in the policy guidelines is necessary for the claim to be processed. The procedure generally entails:
1. Submission of the initial application. 2. Scrutiny of the submitted documents. 3. Verification of eligibility conditions by the nodal agency.
Frequently asked questions
What is the maximum reimbursement amount available?
The maximum reimbursement under this programme is ₹5 lakh for eligible expenditures.
What percentage of expenditure is reimbursed?
20 percent of the total expenditure incurred on raising equity funds through the Stock Exchange is reimbursed.
Which types of enterprises are eligible for this reimbursement?
MSMEs raising equity funds through recognised stock exchanges are eligible.
Is this program open to businesses outside Uttar Pradesh?
No, this programme falls under the Uttar Pradesh MSME Promotion Policy 2022 and applies only to MSMEs that are registered and functioning within Uttar Pradesh.
What kind of expenses does the reimbursement cover?
The reimbursement covers direct expenses from raising equity funds via the Stock Exchange, such as legal fees, consulting charges, underwriting commissions, and other costs related to public issuance.
Does this reimbursement require me to give up equity in my company?
No, this is a reimbursement programme, so it covers costs you have already incurred and does not take any equity stake in your company.
Sectors
- Msme
- Equity Funding
- Reimbursement
- Uttar Pradesh
Details last verified on 8 September 2026. Source: the issuer's published information.