Companies with 50 % or more Indian Ownership are eligible to apply for Primary Membership of SIDM. The Membership Fee is based on Annual Turnover of the Company as per the following slab. Primary Members have Voting rights.
Turnover
| Annual Fee
|
Less than 100 Cr
| Rs. 10,000/- + GST
|
Turnover 100-300 Cr
| Rs. 50,000/0 + GST
|
Turnover 300-500 Cr
| Rs. 1,00,000/- + GST
|
Turnover 500-700 Cr
| Rs. 2,00,000/- + GST
|
Turnover over 700 Cr
| Rs. 3,00,000/- + GST
|
Institutional Members
Academia, Societies, Associations and Research Organisations can apply for membership under this category. Institutional Members do not have voting rights.
The Annual Membership Fee is Rs. 25,000/- + GST.
Associate Members
All Companies with more than 50% Foreign holding are considered as Associate Members. Associate Members do no have voting rights.
The Membership Fee is Rs. 1,00,000/- per Annum.
Entrance FEE
An entrance Fee is applicable and payable once at the time of joining SIDM.
Category
| Applicable Entrance Fee
| Documents Required
|
Primary Members
| GST Extra as applicable
|
|
MSME
| Rs. 10000/-
| Companies to attach valid MSME Certificate with applicable turnover falling within the definition of MSME
|
Large
| Rs. 50,000/-
|
|
Institutional Members
| Rs. 25,0000/-
|
|
Associate Members
| Rs. 50,000/-
|
|