How To View IPO Result In Meroshare?

INVESTOPAPER

Mero Share software has several features. One of them is the easy way to see the IPO result of any company one has applied for. IPO or Initial Public Offering is the process in which a company sells shares to the general public for the first time. Since, the investors can purchase the shares in the face value in the IPO (most common in Nepal), there is huge interest in the IPO of the company.

Related: How to apply IPO/FPO/Right Share through Mero Share?

After you submit the IPO application, the company allots the shares. In order to know whether you have received the shares, you can easily do so in Mero Share. Previously, you had to be aware of the every merchant banker (issue manager) who would allot the IPO shares. You had to visit the website of the concerned issue manager and check the application number. Different IPOs have different issue managers which means you had to search your application number differently in each IPOs. However, Mero Share has removed this problem and created a single platform to view the IPO results.

You May Also Like: How To Apply For Auction Of Shares In Nepal? [Step By Step]

IPO Result In Mero Share

In order the view the IPO result in Mero Share, follow the step-by-step guidelines below:

Step 1

First of all, you need to visit Mero share login page. In order to do so, click the link: https://meroshare.cdsc.com.np.

The Mero Share Login Page will appear as:

mero share login page

Step 2

To login, go to the drop down menu with “Select Your DP” as shown in the picture below and Select the depository participants (DP) of your account.

Type the last numbers after the zeros of your beneficiary account number to enter the Login ID or user name. For example if your beneficiary account number 13010200000093812 while the last eight digits are 00093812, use the number 93812 as your login ID or use name.

Type the Password and Press the login button.

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

Your Mero Share Login Page just before the login will appear as:

After logging, your Mero Share Dashboard will appear as:

mero share dashboard

Step 3

Click on My ASBA menu as highlighted by the green box in the sample image below. A page will appear that contains ‘Current Issue‘, ‘Apply For Issue‘, ‘Application Report‘ and ‘Old Application Report‘. This can be seen in the image below:

Step 4

Click on the Application Report as highlighted by the green box in the sample image below.

After that, Click on the Report on the right side of the company in which you have submitted the application for the IPO. This is shown by the red box in the picture below:

Also Read: How To Calculate WACC in Mero Share?

Step 5

After you click on the Report as above, you will see a page which shows all the information about your application in the IPO of the company. Scroll down the page and at the near bottom, you can see if you are alloted  the shares or not and how much shares you are alloted. The IPO allotment result can be seen as in the green box in the image below.

The highlighted blue box in the sample image shows the quantity you have applied. Likewise, the red box shows whether the alloted amount is blocked in you bank account or not.

Related: Upcoming Initial Public Offerings (IPO) In Nepal

Conclusion

So, viewing IPO result in Mero Share is really easy. In five simple steps, you can know the result of your application in the IPO of any company.

Hope this was helpful. Feel free to share your views in the comment section below:

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20 thoughts on “How To View IPO Result In Meroshare?

  • November 28, 2020 at 7:40 am
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    What’s the minimum investment amount? If I invest 10 lakhs, what will be the turnover and if I don’t get the share will that money returns?

    Reply
    • August 19, 2021 at 1:51 pm
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      Yes, if not alloted, you will get money back

      Reply
  • December 2, 2020 at 8:34 am
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    Result had came but I found status as verified what’s that mean

    Reply
    • January 13, 2021 at 4:14 am
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      I am getting the same status with amount blocked remarks

      Reply
  • January 29, 2021 at 3:28 pm
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    I am getting status verified even after share result is published

    Reply
    • March 19, 2021 at 8:30 am
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      Results for name mistake

      Reply
  • February 26, 2021 at 3:07 pm
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    Yesto chaldinachalne website pani kina rakheko hola yo meroshare le thuka yo vanda ta of line thik xa

    Reply
    • August 5, 2021 at 4:56 am
      Permalink

      How to Buy shares?

      Reply
  • February 28, 2021 at 12:42 pm
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    How can we view our share price using CASBA registration number?

    Reply
  • March 22, 2021 at 8:47 am
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    I applied IPO from my bank account as i didnt get mero share id and pw that time, now i have it, but the ques is how can i check the status of my ipo in mero share applied from bank? can anyone help me please?

    Reply
  • April 22, 2021 at 2:53 pm
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    Good evening hope all is well with everyone , it is nice information if i am not in Nepal is there any chance to open bank acount and start online submit peper for IPO ? if any one have any idea?
    Other We can open Direct Dmate Acount and can start plz some one guide me if there anybody
    thank you,

    Reply
  • July 2, 2021 at 10:21 pm
    Permalink

    Thank you for the helpful tips.

    Reply

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