How to Apply for IPO in Nepal if You Are New

Are you new to the share market and wondering how to apply for IPO in Nepal? Whether you’re a student, job holder, or simply looking to start investing, this beginner’s guide will help you understand the full process—from opening a Demat account to applying for IPO shares through MeroShare.

What is an IPO?

An IPO (Initial Public Offering) is when a company offers its shares to the public for the first time. Investors can buy these shares during a limited application window. In Nepal, IPOs are issued under the supervision of the Securities Board of Nepal (SEBON).

Steps for How to Apply for IPO in Nepal

Step 1: Open a Demat Account

Mobile banking is essential not only for IPOs but also for managing your bank-linked transactions.

A Demat (Dematerialized) Account holds your shares in digital format. Here’s how to get one:

Required Documents:

• Citizenship copy (both sides)
• Passport-size photo
• Bank account details
• Mobile number with active SIM (used for banking)

Step 2: Get a CRN Number

The CRN (C-ASBA Registration Number) is needed to apply for IPOs.

• Visit your bank where your Demat is linked.
• Fill out a CRN request form.
• You’ll get a CRN slip after verification.

Step 3: Create a MeroShare Account

MeroShare is the official online portal by CDSC to apply for IPOs, check share details, and track portfolio updates.Your bank will email (or sometimes SMS) your login credentials within 1–2 working days after your Demat is activated.

• Go to https://meroshare.cdsc.com.np.
• Select your DP (Depository Participant)
• Login with your:
  • BOID (16-digit number from Demat)
  • Username/password provided by DP

Step 4: Check for Ongoing IPOs

Once logged in:

• Go to “My ASBA” → “Current Issues”
• You’ll see all ongoing IPOs available for application.

Step 5: Apply for IPO

• Click on the IPO you want.
• Enter:
  • Number of units (minimum is usually 10 units)
  • CRN number
  • Transaction PIN

Application amount will be temporarily blocked in your bank account until allotment.

Step 6: Wait for Allotment Result

After the IPO closes:

• Visit the issuing company’s or issue manager’s website
• Use your BOID to check results.

If allotted: Shares will appear in your Demat.
If not: The amount is refunded to your bank.

Banks That Provide Free C-ASBA Service in Nepal

Note:

• These banks do not charge any fee per IPO application through the C-ASBA system.
• Ideal for those applying to multiple IPOs regularly.