How to Apply IPO Through MeroShare - TheBipinBlog

MeroShare is an online portal that allows investors to trade shares and apply for IPOs in Nepal. It is the official platform of the Central Depository System (CDS) of Nepal.

Jul 2, 2023 - 03:56
Jan 15, 2024 - 04:03
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How to Apply IPO Through MeroShare - TheBipinBlog

MeroShare is an online portal that allows investors to trade shares and apply for IPOs in Nepal. It is the official platform of the Central Depository System (CDS) of Nepal.

To apply for an IPO through MeroShare, you will need to have a MeroShare account and a Demat account with a DP (Depository Participant). You can create a MeroShare account for free. Once you have a MeroShare account, you can link it to your Demat account.

When an IPO is open for subscription, you will be able to see it on the MeroShare website. To apply for the IPO, you will need to select the number of shares you want to apply for and enter your CRN (Client Registration Number). The CRN is a unique identifier that is assigned to you by your DP.

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Once you have submitted your application, you will need to wait for the IPO to be allotted. If you are allotted shares, the shares will be credited to your Demat account.

Here are the steps on How to apply IPO through MeroShare

Step 1: Create a MeroShare Account

The first step is to create a MeroShare account. You can do this by visiting the bank and through brokers. You will need to provide some basic information, such as your name, email address, and phone number.Then your username and password will sent to your email.

Step 2: Apply for IPO

When an IPO is open, you can apply for it through MeroShare. To do this, you will need to log in to your MeroShare account and go to the "My ASBA" section. You will then see a list of all the IPOs that are currently open. Click on the IPO that you want to apply for and enter the number of shares that you want to apply for.

Step 3: Pay the Application Fee

Once you have applied for an IPO, you need to pay the application fee. The application fee is usually a small percentage of the face value of the shares. You can pay the application fee through MeroShare using your bank account or your debit/credit card.

Step 4: Wait for Allotment

Once you have paid the application fee, you will need to wait for allotment. Allotment is the process of allocating shares to the applicants. The allotment results will be announced on the MeroShare website.

If you are allotted shares, you will be able to see them in your MeroShare account. You can then sell the shares or hold them for investment.

I hope this article helps you to understand how to apply IPO through MeroShare. If you have any other questions, please feel free to comment below.