How To Apply IPO/FPO/Right Share Through ASBA In Mero Share?

June 12, 2020 | Investopaper

‘Mero share’ is a software developed by CDS & Clearing Limited (CDSC). Mero Share provides the facility to the beneficiary to view the share transaction information in your account online. You can also apply for the IPO, FPO or right issue through the Mero Share.

Related: Mero Share Login: Every Thing You Can Do With Mero Share

Investors can apply online for any type of shares through Mero share. One can apply through the Mero share website for the primary shares, rights, bonds and other shares issued in the market. Investors can avail the facility of Mero Share through the depository participants (DP) by paying the form and fee prescribed by CDSC.

If you want to visit Mero share login page, Click the link: https://meroshare.cdsc.com.np

My ASBA portal has been set up in Mero Share to allow the customer to purchase shares during the public issue of the securities by blocking the deposit amount in their bank account application. To apply for the IPO/FPO or right issue through My ASBA in Mero Share, the customer has to follow the following procedure:

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Taking CRN Number

1. The customer must first appear in person at the bank where he has his bank account and get the C-ASBA Registration Number (CRN).

2. After receiving the CRN number from the bank, the customer can use the MY ASBA portal in the Mero Share software.

Related: Upcoming Initial Public Offerings (IPO) In Nepal

Applying Through My ASBA In Mero Share

3. Information about the issuance of a company’s securities (IPO/FPO/Right) is found in the Current Issue menu within the My ASBA portal.

4.  Select the Current Issue menu and press the APPLY button next to the company name to purchase the shares open for sale.

Also Read: Online Share Trading In Nepal: How To Buy & Sell Shares?

The sample image below shows the process:

5. Before submitting the purchase application, read the details related to the issue available on the page: the number of shares issued, the minimum and maximum amount that can be applied for, the opening and closing date of the issue.

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The sample image below shows the information displayed about the IPO.

6. When submitting a purchase application, enter the number of shares you want to purchase in the Applied Kitta. Select the bank through which you will apply through the CRN. Enter the bank Enter the CRN number provided by that bank.

Click on the declaration box as highlighted with red box in the sample image below. Then Click on ‘Proceed’ shown by the green box below.

7. After you click Proceed, the mero share software will send the OTP code to your computer screen. This is shown by the green box in the image below. This is to confirm the authenticity of the application while submitting the application.

Enter the OTP code and click on the ‘Apply‘ Button.

Checking Confirmation of Application

8. Once you enter the OTP code, the software will notify you that your application has been entered. Mero share will also provide the information of the received application request via email.

9. Click on Application Report in My ASBA to know the status of your purchase application.

10. A list of all the companies that the customer has applied for is available on the Application Report page. Check the status of your application by clicking the Report button next to the company you want to view.

If the status of the application is Unverified or Rejected, the amount you have entered for purchase can be changed.

Read Related Contents:

How To View IPO Result In Meroshare?

Basic Requirements To Start Trading In The Stock Market Of Nepal

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37 thoughts on “How To Apply IPO/FPO/Right Share Through ASBA In Mero Share?

    • May 7, 2021 at 10:13 am
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      How to apply right share plz reply

      Reply
  • July 28, 2020 at 2:43 pm
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    Hello Sir, I have already mero share online account and I have been paid fee aswell but when I start log in my online account has been blocked so what should I do to buy IPO share,FPO share and Right share??thank you,

    Reply
    • July 29, 2020 at 1:39 am
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      Please contact your depository participant (DP) where you opened your dmat account.

      Reply
  • July 29, 2020 at 9:56 am
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    Hello sir. I have DMAT number and meroshare number now How to apply for IPO.
    In meroshare My ASBA not showing any apply IPO.

    Reply
    • April 4, 2021 at 12:30 pm
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      Amount Release in bank process meaning ?

      Reply
  • July 29, 2020 at 5:52 pm
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    Hi dear, after i purchase IPO how long it will take to be verified ? as it is shows
    Status – Unverified
    Remarks – Block Amount Status – Unverified (Application In-Process at Bank End)

    Reply
    • January 18, 2021 at 6:13 am
      Permalink

      Mr. Sanobhai Rai. your bank might take time to verify your amount and get blocked by C-ASBA. Generally it takes no time but in some conditions it happens within 24 hours.
      Other possible conditions inludes insuficient balance in account, wrong information and so on. when I was a complete beginner I also faced this problem and thought I wouldn’t be eligible to get alloted.
      Hope this helped you.

      Reply
  • August 20, 2020 at 8:59 am
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    २०७७/५/४ मा खुलेकाे IPO भर्न खाेजेकाे there is some problem in your dmat acc. Contact to cds and clearing भन्ने प्रतिकि्या देखापर्छ। कसरी याे समस्या समाधान गर्न सकिन्छ? यसकाे लागि के गर्नु पर्छ?

    Reply
    • February 19, 2021 at 7:42 am
      Permalink

      Mero share ko dashboard blank dakhaxa k vako hola

      Reply
  • September 24, 2020 at 5:52 am
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    i also want to make a share in the companies.

    Reply
    • August 24, 2021 at 12:21 pm
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      How I know biod number

      Reply
  • October 8, 2020 at 11:14 am
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    Hello Sir
    I applied for Sanima General insurance share. After clicking submit, it said successfully submitted, but I didn’t get any OTP code, its directly said submitted. When I check status, it says unverified and Block Amount Status – Generated (Application In-Process at Bank End). I will be grateful if you let me know whether my purchase has been done or not. It has been about 24 hours of the purchase.

    Reply
    • October 9, 2020 at 6:55 am
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      Now, in place of OTP code, you need to enter the PIN Code. OTP code is not necessary. Once the bank verifies, it will block the amount. Generally, after the close of IPO, the verification process will start.

      Reply
      • December 14, 2020 at 5:36 am
        Permalink

        Does PIN code mean ATM pin code?

        Reply
      • March 13, 2021 at 8:33 am
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        Its says how to apply on line, but you have to be physically present at your Bank.
        How does that work out.
        I am not in Nepal and i banked with standard chartered.
        Is there any way that i can obtain my CRN number online?

        Reply
  • November 18, 2020 at 3:59 pm
    Permalink

    Today cds system got trouble in filling ipo share of mountain energy power. But till now it has big problem that not responding crn no. How I get succeed to fill ipo within 11.59 pm?

    Reply
  • December 17, 2020 at 6:45 am
    Permalink

    hello after how long time it will be verified ?
    status: unverified
    remarks: Block amount status-unverified( application in- process at bank end)

    Reply
    • January 11, 2021 at 2:38 pm
      Permalink

      After how long time it will be verified?
      status : unverified
      Remarks: block amount application in proocess at bank end.

      Reply
    • March 7, 2021 at 8:29 am
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      In my asba,the apply button doesnot exit why?

      Reply
    • March 18, 2021 at 8:49 pm
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      Sir,status herda alloted vanyo bt remarks ma blocked amount status-genrated( amount release in process at bank end ) xa..ani mobile ma amount nikaleko text aayo.kina ?

      Reply
      • March 30, 2021 at 4:52 pm
        Permalink

        Hlo sir i got same problem. Did you find the right solution plz help.

        Reply
  • December 18, 2020 at 9:01 am
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    How can I solve this problem?
    CRN Number Not Registered! Please make sure your ASBA bank has registered your CRN Number in C-ASBA.

    Reply
    • February 7, 2021 at 11:55 am
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      I also want to make share in this project

      Reply
  • January 5, 2021 at 5:14 am
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    Hello my name jina rai.I’m from belbari and I am going to ipo online

    Reply
  • January 17, 2021 at 12:38 pm
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    what is the difference between IPO and Right shares?

    Reply
    • March 6, 2021 at 1:34 pm
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      Hello sir as I start purchase of jyoti life ipo in application report it say
      status- unverified
      Remarks-block amount status unverified (application in process at bank end). Actually what does it mean and, what I have to do for its solution.

      Reply
      • March 7, 2021 at 2:40 am
        Permalink

        No need to worry. This means that the bank where you have an account has yet to block the amount you have applied.

        Reply
  • January 31, 2021 at 12:46 am
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    Hi. Why am I getting this status on the mero share cdsc application report. is this due to an issue on bank a/c or due to duplicate Demat a/c? any idea.
    Status: Rejected
    Remarks: Block Amount Status – Amount Rejected (This maincode is been closed or blocked.)

    Reply
  • March 6, 2021 at 6:20 am
    Permalink

    Dear sir!
    I have applied for ipo of Jyoti life insurance. I also want to apply for my son and daughter for whom i had created a demat account. For their CRN number and meroshare password while registering it says (The bank) you have already registerd for crn and meroshare. Is it possible to apply ipo for my children through meroshare although i had already applied for myself? please help me.

    Reply
  • March 14, 2021 at 5:00 am
    Permalink

    Hello Sir,
    i had a question. is it compulsory that mero share sends you an e-mail when you apply for shares?Because I have not been receiving mails when I actually apply for new IPOs

    Reply
    • March 14, 2021 at 8:07 am
      Permalink

      No, mero share doesn’t send an email after the application in IPO.

      Reply
  • May 1, 2021 at 3:24 am
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    Hello sir/madam,

    I have seen the application status is UNVERIFIED. What is the reason and how can I fix it?

    Reply
  • May 5, 2021 at 4:01 am
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    I don’t have mero share user name and password. Can I apply IPO online? Please suggest.

    Reply
  • May 11, 2021 at 7:59 am
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    When open the right share of Api pawer company?

    Reply
  • June 30, 2021 at 3:54 pm
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    Dear sir,
    What to do if we forget to apply for Right shares of HIDCL on time? is there any chance to apply…

    Reply
  • July 25, 2021 at 8:13 am
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    dear sir ,
    hidcl ko right share apply garda error processing request message aaucha ,k bhako ho

    Reply

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