MeroShare Guide: How to Apply for IPO in Nepal

Are you wondering how to apply for an Initial Public Offering (IPO) in Nepal? This guide will walk you through the entire process of using MeroShare to apply for IPOs, helping you invest in the Nepali stock market.

Key Facts About MeroShare and IPOs

What is MeroShare?

MeroShare is an online platform created by CDSC (Central Depository System and Clearing Ltd.) for investors participating in Nepal's capital market. It's your one-stop portal to manage various aspects of your investments.

With MeroShare, you can easily view your DEMAT account details, apply for new shares like IPOs, Further Public Offerings (FPOs), or Right shares, and keep an eye on your share portfolio. You can also check your share allotment results and track your transaction history, all from one convenient place.

How to Apply for an IPO Using MeroShare

Applying for an IPO through MeroShare is a straightforward process. Follow these steps carefully to ensure your application is successful:

1. Ensure You Have the Necessities

Before you start, make sure you have these essentials:

• Demat Account: This is a mandatory account to hold your shares electronically.
• MeroShare Account: Linked to your Demat account, this is your online portal for applications. If you don't have one, visit your Depository Participant (DP) to set it up. You can find more details in our comprehensive MeroShare guide.
• ASBA-Enabled Bank Account: ASBA stands for Applications Supported by Blocked Amount. This means your application money is blocked in your bank account until the shares are allotted. If you don't receive shares, the money is simply unblocked, not debited.
• CRN (C-ASBA Registration Number): You get this number from your bank when you enable ASBA. It uniquely identifies your bank account for share applications.

2. Log In to MeroShare

Open your web browser and go to the official MeroShare login portal: meroshare.cdsc.com.np. Be careful to use only the official site to avoid scams. Enter your DP ID, username, and password.

If this is your first time logging in after the recent security update, you will need to set up a 4-digit Personal Identification Number (PIN). This PIN has replaced the old OTP system for enhanced security.

3. Navigate to "My ASBA"

Once logged in, look for the "My ASBA" section in the menu. Click on it, and then select "Apply for Issue."

4. Select the IPO You Want to Apply For

You will see a list of ongoing IPOs. Choose the one you wish to apply for and click the "Apply" button next to it.

5. Fill in Your Application Details

Carefully enter the required information:

• Your Bank Name and Account Number (which must be ASBA-enabled).
• Your CRN (C-ASBA Registration Number).
• The number of units you wish to apply for (usually a minimum of 10 units for most ordinary IPOs).

The system will automatically calculate the total application amount based on the number of units. For most IPOs, 10 units will cost NPR 1,000 (at Rs. 100 per unit).

6. Enter Your 4-Digit PIN

Review all the details you've entered to ensure they are correct. Then, enter your 4-digit PIN to authorize the application. This confirms your intent to apply.

7. Submit Your Application

Click the "Apply" button to submit your IPO application. You will receive a confirmation message if the application is successful.

Checking Your IPO Allotment Status

After the IPO application period closes, you can check if you have been allotted shares. There are two main ways to do this:

• CDSC IPO Result Portal: Visit the official portal at iporesult.cdsc.com.np. Enter your 16-digit BOID (Beneficiary Owner Identification) number and click "View Result."
• MeroShare Account: Log in to your MeroShare account, go to the "My Applications" section, and you can see the status of your submitted applications, including allotment results.

If you receive shares, they will typically appear in your Demat account within 2-3 working days after allotment.

MeroShare and Demat Account Fees

Here are the standard fees associated with MeroShare and your Demat account:

• MeroShare Registration Fee: NPR 50 (one-time)
• MeroShare Renewal Fee: NPR 50 (annually)
• Demat Account Opening (BO) Fee: NPR 50 (one-time)
• Demat Account Annual Maintenance Charge (BO): NPR 100 (annually)
• DP Transaction Charge: NPR 25 per stock per transfer day (paid to your Depository Participant)

Common Mistakes to Avoid

To ensure a smooth IPO application process, be aware of these common pitfalls:

• Insufficient Balance: Always have enough funds in your ASBA-enabled bank account to cover the IPO application amount.
• Duplicate Application: You can only submit one valid application per IPO issue from your Demat/BOID. Multiple applications will be rejected.
• Dormant or Frozen Bank Account: Ensure your bank account is active and your KYC (Know Your Customer) details are updated. Inactive accounts can lead to application rejection.
• Applying via Both Bank and MeroShare: If you apply through a bank directly and then again via MeroShare, both applications might be rejected. Stick to one method.
• Editing During Banking Hours: Avoid editing your IPO application during active banking hours, as this can lead to rejection.
• Incorrect Bank Account Number: Double-check your bank account number when filling out the application.
• Applying on the Last Day: While possible, applying on the deadline's final day increases the risk of non-verification and rejection due to potential system load or delays.
• Forgetting Password or Not Renewing: Keep your MeroShare password safe and ensure your Demat and MeroShare accounts are renewed on time to avoid disruption.
• Pre-IPO Scams: The Securities Board of Nepal (SEBON) warns against fraudulent "pre-IPO" schemes. There is no legal provision for pre-IPO shares in Nepal. Never trust offers promising high returns on shares of companies that haven't yet issued primary shares. Always verify information on official sites like sebon.gov.np.

Frequently Asked Questions

What is a Demat account?

A Demat account, short for dematerialized account, is an account that holds your shares and securities in an electronic format. It eliminates the need for physical share certificates, making transactions easier and safer.

How many MeroShare users are there in Nepal?

As of November 3, 2026 (Kartik 17, 2083 BS), there are 7,214,247 registered MeroShare users, with 5,115,830 active users.

Can I apply for an IPO from abroad?

Yes, Nepalese living abroad can apply for IPOs. If you are applying under the foreign employment category, having a Remittance Account might be important. Always check the specific IPO prospectus for details on eligibility for non-resident Nepalis.

How long does it take for shares to appear in my Demat account?

After an IPO is allotted and if you receive shares, they usually appear in your Demat account within 2-3 working days.

What is the minimum amount for an IPO application?

For most ordinary IPOs in Nepal, the minimum application is for 10 units, which typically costs NPR 1,000 (at Rs. 100 per unit).

Is there a mobile app for MeroShare?

Yes, CDSC has developed a free MeroShare Android application. It is currently in beta, but it allows you to access MeroShare features from your phone. Desktop apps are also available for Mac, Windows, and Linux.

Applying for IPOs in Nepal through MeroShare is a convenient way to participate in the stock market. Always ensure you follow the official procedures and verify information from reliable sources. You can also explore other financial opportunities like starting affiliate marketing in Nepal to diversify your income streams.