Before you can start investing in Nepal stock exchange through Mero shares, you need to have a DEMAT account, which you can apply at any Nepalese bank or a licensed broker. Once you have a Meroshare CDSC account, you can transfer your shares into your DEMAT account. You will need to verify your identity with your CRN and verify the details in the application report. Once you have a DEMAT and a Mero share account, you can start investing in the Mero share market of Nepse.
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The Mero Share is an online portal developed by CSDC that provides details of share transactions. Mero Share provides a facility where users can apply for new IPO shares online and transfer existing shares. Users can view their portfolio and transaction history and pledge to share information. To use the Mero Share App, you must have a DEMAT account, which stores your shares electronically. The DEMAT account simplifies the process of online transactions.
Mero share download
Mero Share is a popular Android app providing IPO/FPO/right securities services through CDS. Its beta version is available for free in the Google Play Store for mobile. Once you have downloaded the app, you need to install it to use it.
How to login Mero Share account?
Follow the below-given instructions to login into Mero Share account:
1. Using your preferred search engine on your computer, visit https://meroshare.cdsc.com.np/. Or use the mero share app on your mobile phone to begin the process.
2. Once the login screen appears on your computer or mobile phone, enter all three details. Primarily, select your depository participant (DP) using the drop-down menu.
3. Secondly, fill in your username provided to you by the bank. Usually, the username of mero share is the last 5 digits of the beneficiary account number.
4. Now, type in the password you received in your email and press the login button.
5. For security reasons, you will be guided toward the password-changing process as this is your first time trying to log in. Quickly set up your new password.
6. You will now be taken to the dashboard of mero share.
How to Apply Share in Mero Share
1. After you log in, search for the My ASBA portal inside the mero share application.
2. Under My ASBA, you will find the option of “Current Issues.” That is where you will find the company and where you can apply to buy a share.
3. Apply for a share of your interest. You should fill out all the details correctly. And click on proceed after checking the small box for authenticity.
4. You will have to provide a transaction pin at the end to conform to your procedure.
Mero Share Result
The company will allot the shares to the general public after you apply for one. It is simple to check whether you received your share of stock or not.
Here is the way to check the result of IPO:
- Go to IPO Result on cdsc.com.np
- Select Company
- Enter your 16-digit BOID
- Fill the captcha
- Click “View Result”
