Mero Share Result: How to Check IPO Allotment Status Online

If you are an investor in Nepal, you must have heard of Mero Share, a web-based platform that allows you to access your demat account online. Mero Share is one of the most popular services offered by CDS and Clearing Limited (CDSC), the central depository of Nepal. With Mero Share, you can view your portfolio, transaction history, and statement, and apply for initial public offerings (IPOs) online.

IPOs are a way for companies to raise capital from the public by selling their shares. IPOs are often oversubscribed, meaning that more people apply than the number of shares available. In such cases, the shares are allotted through a lottery system, where only some applicants get the shares and others get refunded. This process is called IPO allotment.

Summary

What is Mero Share?

Mero Share is one of the most awaited IPOs in Nepal’s stock market history. It is the subsidiary company of Mero Mobile, which is the first private mobile operator in Nepal. Mero Share issued 10 crore units of shares to the public at Rs 100 per unit during its IPO in January 2021. The IPO saw tremendous interest from retail and institutional investors due to the brand value of Mero Mobile. It was oversubscribed by over 50 times, making it the most oversubscribed IPO in Nepal’s history. Now, investors are eagerly waiting for the share allotment and listing.

How To Login Into Mero Share?

To log into Mero Share, you need to have a Mero Share account and a username and password. You can create a Mero Share account by contacting your depository participant (DP), which is the bank or capital company where you have opened your demat account. You can find the list of DPs on the CDSC website.

Once you have your Mero Share account and login credentials, you can follow these steps to log into Mero Share:

Visit the official Mero Share website at meroshare.cdsc.com.np.
Select your DP from the drop-down menu labeled “Select Your DP”.
Enter your username and password.
Click on the “Login” button.

You should be able to access your Mero Share dashboard view your personal details, portfolio, transaction history, and statement, and apply for IPOs online.

If you have any trouble logging in, you can try these tips:

Double-check your username and password. Can’t remember your password? Click here to reset it.
Make sure that you have selected your DP correctly from the drop-down menu. If you have multiple DPs, you need to select the one that you have used to apply for the IPO.
Check your internet connection and browser compatibility. You can use Firefox or Chrome for better performance.

What Are the Benefits of Mero Share?

Mero Share is one of the most popular services offered by CDS and Clearing Limited (CDSC), the central depository of Nepal. Some of the benefits of Mero Share are:

You can view your personal details, portfolio, transaction history, and statement of your demat account.
You can apply for initial public offerings (IPOs), follow-on public offerings (FPOs), and right shares online without any paperwork or hassle.
You can update your bank account details and request changes in case of any errors.
You can transfer your shares easily and securely using the EDIS (Electronic Deposit Instruction Slip) feature.
You can check the IPO allotment status and results online as soon as they are announced.

Mero Share is a convenient and cost-effective way to manage your investments in the Nepali stock market.

How to Check IPO Results from Mero Share Website

The easiest and most convenient way to check the IPO result online is through the Mero Share website. Here are the steps to follow:

Visit the official Mero Share website at meroshare.cdsc.com.np.
Enter your username and password for your depository participant (DP). If you don’t have a Mero Share account, you can create one by contacting your DP.
From the left-hand menu, select “My ASBA”.
View a list of all your IPO applications. Click on the “Report” button next to the IPO that you want to check.
You will see your application details and your allotment status. If you have got the shares, you will see the number of shares allotted and the amount deducted from your bank account. If you have not got the shares, you will see “Not Allotted” and the amount refunded to your bank account.

How to Check IPO Results from CDSC Website

Another way to check the IPO result online is through the CDSC website. Here are the steps to follow:

Visit the official CDSC website at iporesult.cdsc.com.np.
Select the company name from the drop-down menu. You will see a list of all the IPOs that are open or closed.
Enter your 16-digit BOID (Beneficial Owner Identification Number) or demat number. You can find your BOID or demat number on your Mero Share account or your DP statement.
Click on “View Result”. You will see your application details and your allotment status. If you have got the shares, you will see the number of shares allotted and the amount deducted from your bank account. If you have not got the shares, you will see “Not Allotted” and the amount refunded to your bank account.

Some advantages and disadvantages of checking the IPO result from the CDSC website are:

The advantage of checking the IPO result from the CDSC website is that you can check it without logging in to your Mero Share account. You just need to enter your BOID or demat number and select the company name.
The disadvantage of checking the IPO result from the CDSC website is that you may face some errors or delays due to high traffic or technical issues. Sometimes, the CDSC website may not load properly or may show incorrect information. In such cases, you can try refreshing the page or checking it later.

How To Reset Password In Mero Share Account?

If you forget your password or want to change it, you can follow these steps to reset your password:

Visit the official Mero Share website at meroshare.cdsc.com.np.
Click the “Forgot Password?” link below Login.
On the next page, you will need to choose your depository participant (DP), enter your username, email address, and date of birth, and click on “Send”.
A password reset link will be sent to your email. Follow the instructions in the email to reset your password and regain access to your Mero Share account.

Alternatively, you can also contact your DP directly and request them to reset your password. You may need to provide some verification details such as your BOID or demat number, name, address, etc. Some DPs may also require you to write a letter or fill out a form for password reset.

How Do You Check Your Share Balance in the Beneficiary Account Through Mero Share?

To view your share balance in the beneficiary account through Mero Share, you need to follow these steps:

Visit the official Mero Share website at meroshare.cdsc.com.np.
Enter your username and password for your depository participant (DP). If you don’t have a Mero Share account, you can create one by contacting your DP.
From the left-hand menu, select “My Shares”.
You will see a list of all the stocks that you have in your account. For each stock, you will see four types of balances:
- Current Balance: The total number of shares of each company in your account.
- Pledge Balance: The number of shares that are pledged as collateral for loans or other purposes.
- Lockin Balance: The number of shares that are locked for a certain period of time due to regulatory or contractual reasons.
- Freeze Balance: The number of shares that are frozen due to disputes, court orders, or other reasons.
- Free Balance: The number of shares that are available for trading or transfer.
You can also view the market value of your stocks based on the latest price and the total value of your portfolio.

How to change your bank account details in your beneficiary account through your DP?

To request a DP to update the bank account details in the beneficiary account, you need to follow these steps:

Contact your DP and inform them about your request. You can find the contact details of your DP on their website or on your Mero Share account.
Fill up a form provided by your DP with your updated bank account details. You may need to attach a copy of your bank statement or cheque as proof of your bank account.
Submit the form along with the required documents to your DP. This service requires a modest payment.
Wait for the confirmation from your DP that your bank account details have been updated in the beneficiary account. This may take a few days depending on your DP.

Alternatively, you can also update your bank account details online through the Mero Share website. Here are the steps to follow:

Visit the official Mero Share website at meroshare.cdsc.com.np.
Enter your username and password for your depository participant (DP). If you don’t have a Mero Share account, you can create one by contacting your DP.
From the left-hand menu, select “My Details”.
Click on the “Bank Details” tab. You can view your current bank account details.
Click on the “Edit” button and enter your new bank account details. You may need to enter an OTP (one-time password) sent to your registered mobile number or email address for verification.
Click the “Save” button and confirm your changes to save your work.

How Can I Transfer Shares Using Mero Share?

To transfer shares through Mero Share, you need to have a Mero Share account and a username and password. You can create a Mero Share account by contacting your depository participant (DP), which is the bank or capital company where you have opened your demat account. You can find the list of DPs on the CDSC website.

Once you have your Mero Share account and login credentials, you can follow these steps to transfer shares through Mero Share:

Visit the official Mero Share website at meroshare.cdsc.com.np.
Enter your username and password for your depository participant (DP). If you don’t have a Mero Share account, you can create one by contacting your DP.
From the left-hand menu, select “My EDIS”.
Click on the “Transfer Shares” option. You will see a list of all the shares that you have sold or need to transfer.
Mark the shares you want to transfer and click “Continue.”
Enter the BOID (Beneficial Owner Identification Number) or the demat number of the buyer or the broker where you have sold your shares. You can find the BOID or demat number on your contract note or confirmation message.
Enter the number of shares that you want to transfer and click on the “Submit” button.
A one-time passcode will be generated and sent to your registered mobile number or email address. Enter the OTP and confirm your transfer.
You will see a confirmation message that your transfer has been successful. You can also view the status of your transfer on the “Transfer History” option.

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Conclusion

In this article, we have shown you how to check the IPO allotment status online in Nepal using different methods. We have also provided you with some tips and tricks to avoid errors and delays while checking the IPO result online.

Checking the IPO result online is an important step for investors who want to know whether they have the shares or not. If they have got the shares, they can expect to see them in their demat account within a few days. If they have not got the shares, they can get their money back within a week or so

FAQs’

How can I register for Mero Share?

You can register for Mero Share by completing an online form on the CDSC website or visiting any of the CDSC-authorized depository partners (DPs). You must supply your personal information, bank account information, and a scanned copy of your citizenship certificate or passport. You must also pay a one-time registration cost of NPR 50.

How can I login to Mero Share?

You can login to Mero Share by using your username and password that you received from CDSC or your DP via email or SMS. You can also reset your password or change your username from the Mero Share portal. If you have any issues with logging in, you can contact CDSC or your DP for assistance.