How to open mero share account online in Nepal: Step-by-step guide

Opening a Mero Share account is essential for anyone who wants to invest in the Nepalese stock market. It allows investors to apply for IPOs, right shares, FPOs, and view their shareholding details, transaction history, and portfolio—all digitally. In this guide, we’ll walk you through how to open a Mero Share account online, the required documents, costs, and other helpful tips.

What Is a Mero Share Account?

Mero Share is an online portal developed by CDSC (Central Depository System and Clearing Limited). It allows investors to manage their Demat account and engage in stock trading activities online.

What You Need Before Opening a Mero Share Account

Before you apply, make sure you have the following:

• Citizenship Certificate (or Passport for foreigners)
• Passport-sized photo
• Bank account details
• Email address and phone number
• PAN card (optional but recommended for active investors)

Step 1: Choose a Depository Participant (DP)

A Depository Participant (DP) can be:

• Banks
• Capital/Merchant Banks
• Brokers or investment firms authorized by CDSC

Most major banks and brokerage firms in Nepal offer both Demat and Mero Share services. Popular DPs include:

• NIBL Ace Capital
• NMB Capital
• NIC Asia Capital
• Global IME Capital
• Siddhartha Capital

Tip: Choose a DP that offers online application to save time.

Step 2: Open a Demat Account Online

A Demat account (short for Dematerialized account) is required before getting Mero Share access.

How to open it:

1. Visit the website of your chosen DP.
2. Look for “Open Demat Account” or “Online Demat Account Registration”.
3. Fill in your personal details, including name, address, citizenship number, and bank info.
4. Upload scanned documents (citizenship, photo, signature).
5. Submit the form and wait for approval (generally 1–3 business days).

Step 3: Apply for Mero Share Account

After the Demat account is approved, you can apply for a Mero Share account:

1. Visit https://meroshare.cdsc.com.np/
2. Click “Create Mero Share Account” or ask your DP to activate Mero Share when opening your Demat.
3. Your DP will provide:
   • Mero Share login URL
   • User ID (your BOID number)
   • Password (initial or OTP)
4. Use those credentials to log in to Mero Share for the first time.
5. Change your password and explore your dashboard.

Fees Involved

Service	Fee (Approx.)
Demat Account	NPR 50 – NPR 150/year
Mero Share Account	NPR 50/year
DP Charges (one-time)	NPR 150 – NPR 300

Note: Charges may vary slightly depending on your DP.

Once your account is active, you can:

• Apply for IPO/FPO/Right Shares (ASBA)
• View share details
• Transfer shares (selling via broker)
• See transaction history
• Change bank details (with approval)
• Update personal info

Frequently asked questions about Mero Share

1. How to log in to the secondary share market in Nepal?

To log in to the secondary market, you must have a Trading Management System (TMS) account provided by a licensed broker. Here’s how:

• First, open a Demat, Mero Share, and Broker Account (trading account).
• Your broker will provide you with a TMS login link (e.g., https://tms32.nepsetms.com.np).
• Log in using your username and password (provided by the broker).
• Fund your broker account to start buying and selling shares.

2. How to buy shares in the secondary market in Nepal?

To purchase stocks from the secondary market:

1. Open required accounts: Demat, Mero Share, and a Broker (TMS) account.
2. Fund your broker account: Transfer money from your bank to the broker’s account.
3. Log in to TMS: Use your broker’s TMS portal.
4. Place a buy order: Enter stock symbol (e.g., NABIL), price, and quantity.
5. Order matching: If a seller matches your buy price, the transaction is completed.
6. Settlement: Shares are transferred to your Demat account (T+2 system).

3. How to earn Rs. 1000 per day from the share market in Nepal?

Earning Rs. 1000/day from the market is possible, but not guaranteed. Here are some methods:

• Active trading: Buying low and selling high in the short term using market analysis.
• Swing trading: Holding stocks for a few days or weeks based on trends.
• Dividend stocks: Investing in companies that pay regular dividends.
• IPO flipping: Applying for IPOs and selling them on listing day for profit.

⚠️ Warning: The stock market is risky. Earning daily profits requires experience, discipline, and proper market research. Beginners should not expect quick returns.

4. Can I invest Rs. 500 in the share market in Nepal?

Yes, especially in Initial Public Offerings (IPOs):

• IPOs are often priced at Rs. 100 per share.
• You can apply for a minimum of 10 units, meaning Rs. 1,000, but in some cases, less may be allowed.
• If your budget is Rs. 500, consider saving up for IPOs or Mutual Fund units, which may be cheaper.

In the secondary market, you will need to purchase at least 10 shares (1 lot) and the share price will determine if Rs. 500 is enough.

5. Can I invest Rs. 1000 in stocks?

Yes. With Rs. 1000, you can:

• Apply for IPOs: Most IPOs allow applications starting at 10 units.
• Buy low-priced shares: Some stocks in the secondary market trade below Rs. 100.
• Invest in mutual funds: Units of mutual funds can cost as little as Rs. 10–15 per unit.

It’s a good starting point for students and new investors who want to test the market with minimum risk.

6. How can a beginner start investing in the share market in Nepal?

Here’s a beginner’s roadmap:

1. Open Demat and Mero Share account: Choose a DP and complete KYC online.
2. Open a trading account with a licensed broker.
3. Apply for IPOs through the Mero Share platform (ASBA).
4. Learn basics: Understand terms like NEPSE, stocks, IPO, dividends, etc.
5. Start small: Invest minimal amounts and gradually increase as you gain confidence.
6. Follow news and updates: Track financial news, stock analysis, and market reports.
7. Use Mero Share and TMS dashboards to monitor your portfolio.

7. How to Change Your Mero Share Password (Step-by-Step)

Step 1: Visit Mero Share Website

Go to: https://meroshare.cdsc.com.np

Step 2: Log In to Your Account

• Select your Depository Participant (DP) name from the dropdown list.
• Enter your BOID (16-digit number) as the user ID.
• Enter your current password.

Step 3: Go to “Change Password” Option

• After logging in, go to the top-right corner of the screen.
• Click on your username/account (or click on the profile icon).
• Select “Change Password” from the dropdown menu.

Step 4: Enter Your Details

• Current Password: Enter your existing password.
• New Password: Type your new password (must meet CDSC’s security requirements).
• Confirm Password: Re-type the new password to confirm.

Step 5: Save Changes

A confirmation message will appear if the password change is successful.

Click the “Change” or “Submit” button.

Changing your Mero Share password is a quick and simple process that enhances the security of your investment account. Regularly updating your password helps protect your personal data, shareholdings, and financial transactions from unauthorized access. Always use a strong, unique password and avoid sharing it with others. If you ever forget your password, the “Forgot Password” option on the login page will help you reset it easily.