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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How to apply for right share this mobayal plz reply me
How to apply right share plz reply
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,
Please contact your depository participant (DP) where you opened your dmat account.
Hello sir. I have DMAT number and meroshare number now How to apply for IPO.
In meroshare My ASBA not showing any apply IPO.
Amount Release in bank process meaning ?
Ipo
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)
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.
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?
Mero share ko dashboard blank dakhaxa k vako hola
i also want to make a share in the companies.
How I know biod number
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.
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.
Does PIN code mean ATM pin code?
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?
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?
hello after how long time it will be verified ?
status: unverified
remarks: Block amount status-unverified( application in- process at bank end)
After how long time it will be verified?
status : unverified
Remarks: block amount application in proocess at bank end.
In my asba,the apply button doesnot exit why?
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 ?
Hlo sir i got same problem. Did you find the right solution plz help.
How can I solve this problem?
CRN Number Not Registered! Please make sure your ASBA bank has registered your CRN Number in C-ASBA.
I also want to make share in this project
Hello my name jina rai.I’m from belbari and I am going to ipo online
what is the difference between IPO and Right shares?
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.
No need to worry. This means that the bank where you have an account has yet to block the amount you have applied.
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.)
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.
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
No, mero share doesn’t send an email after the application in IPO.
Hello sir/madam,
I have seen the application status is UNVERIFIED. What is the reason and how can I fix it?
I don’t have mero share user name and password. Can I apply IPO online? Please suggest.
When open the right share of Api pawer company?
Dear sir,
What to do if we forget to apply for Right shares of HIDCL on time? is there any chance to apply…
dear sir ,
hidcl ko right share apply garda error processing request message aaucha ,k bhako ho
Sir I have share of igi now this time is comming right share of igi it show in current issue but not show in applye issue what is problem sir plz get me out
I glade to thank full for your advice
Yo mero share backwash ho ,mula khali 20 rupees katne ani app jahile nai bigrekai hunxa ,yo prob tyo prob ,janta ko pais alootna laaj lagdaina ani ipo pare pani na parepani paisa loot ne laaj lagdaina .very bad service lootera haru ..direct daka hale hunxa ni hath ma gun bokera
Namaste Respected sir/madam.
i have some question. Mid solu hydrow is issuing IPO for local. how do we apply the IPO. Can we apply from cds( mero share) or do we need to go to bank same as we dmate we have. and how much kitta do you think is possible kitta to allotted. if you reply my comment i will be very pleased.
I have share document of upper tamakoshi hydro but i haven’t add this on online ( mero share) how can i fill the form for right share