AP SME Stock Exchange Listing Assistance — 25% Subsidy up to ₹5L — Frequently Asked Questions

The assistance is capped at ₹5 Lakh per eligible medium enterprise. Within that ceiling, the state reimburses 25% of the eligible costs you incur to list on an SME stock exchange and raise capital there.

The scheme covers 25% of the eligible expenditure. If your verified costs are high enough, the 25% works out to the maximum of ₹5 Lakh; if they are lower, you receive 25% of the smaller figure.

Only medium enterprises, as that term is defined under the Andhra Pradesh Industrial Development Policy, AP IDP-MSME-EDP-FPP (4.0) 2024-29. Micro, small and large enterprises are not covered by this incentive. The definition typically turns on investment in plant and machinery or equipment, or on annual turnover.

No. The scheme runs on a rolling basis with no closing date, so applications are accepted continuously through the policy period of AP IDP-MSME-EDP-FPP (4.0) 2024-29. You can file once your listing-related expenses are incurred and documented.

Neither. This is a non-repayable subsidy paid against eligible expenses — it is not a loan, so there is no repayment obligation and no interest. The scheme does not require you to part with equity in your company in return for the assistance.

The assistance is specific to the process of listing on an SME stock exchange and raising money through it. That means the costs attached to that exercise, such as invoices raised by your merchant bankers, agreements with them, and regulatory fees connected to the listing and the capital raise.

You will need proof that your enterprise qualifies as a medium enterprise, details of the SME stock exchange listing, and verified records of the expenses you are claiming — invoices, agreements with merchant bankers and receipts for regulatory fees. Applications also require the prescribed annexures and declarations to be attached to the official form.

Applications are made under the standard application procedure of the Andhra Pradesh Industrial Development Policy, AP IDP-MSME-EDP-FPP (4.0) 2024-29. The Department of Industries & Commerce runs the process through its incentives portal at https://www.apindustries.gov.in/Incentives/Index.aspx, with submission to the department either online or in physical form.

The published terms of this incentive do not lay down a separate DPIIT recognition or Udyam registration condition. What has to be established is that your unit qualifies as a medium enterprise under the AP policy definition. If you are unsure how your unit is classified, check that definition before you apply.

The Department of Industries screens the application for eligibility and compliance with the policy. Listing expenses and your enterprise status are then verified. If anything is unclear, the department may seek further information or clarification. Once the file is approved, the assistance — up to the ₹5 Lakh cap — is disbursed according to the policy's normal procedure.

AP SME Stock Exchange Listing Assistance — 25% Subsidy up to ₹5L is open to startups at any stage. It is open to startups registered anywhere in India.

AP SME Stock Exchange Listing Assistance — 25% Subsidy up to ₹5L is offered by Department of Industries & Commerce, Government of Andhra Pradesh, a government body. It is provided as non-dilutive funding.

Apply directly through the official application link on this page. Review the eligibility criteria and prepare your startup documents before you begin.