NSE, Uttar Pradesh Government Sign MoU to Enhance MSME IPO Awareness

The Uttar Pradesh government has signed a Memorandum of Understanding (MoU) with the National Stock Exchange (NSE) to facilitate capital-raising opportunities for the state's micro, small, and medium enterprises (MSMEs) through IPOs on the NSE Emerge platform. This collaboration aims to boost awareness and education about public listings, including organizing seminars, workshops, roadshows, and MSME camps to guide entrepreneurs through the listing process. As part of the state's MSME Policy 2022, financial assistance of up to Rs 5 lakh is available to support MSMEs in getting listed. The initiative is expected to benefit approximately 96 lakh MSME units in Uttar Pradesh by providing access to public capital, enhancing visibility, and supporting business growth. The NSE Emerge platform has already enabled over 600 companies to raise significant capital and improve market credibility. State officials highlight that this effort aligns with broader goals to attract global investment and strengthen the MSME ecosystem.