Complete MeroShare & CDSC Guide for Nepal

MeroShare is the official web and mobile application developed by CDS and Clearing Limited (CDSC), a subsidiary of the Nepal Stock Exchange (NEPSE). It acts as the digital gateway for retail investors in Nepal to apply for Initial Public Offerings (IPOs), Rights Offerings, and Debentures under the Centralized Applications Supported by Blocked Amount (C-ASBA) framework. Furthermore, it allows investors to monitor their Demat portfolio holdings in real time, execute electronic transfer of securities (EDIS) when selling shares on the secondary market, and compute Weighted Average Cost of Capital (WACC).

Access MeroShare via meroshare.cdsc.com.np or the official mobile app. Select your Depository Participant (DP) from the dropdown list (e.g., your commercial bank or broker), enter your username, and your password. On first login, you are required to set a 4-digit numeric transaction PIN and a secret password. This 4-digit PIN is strictly required every time you submit an IPO application or confirm an EDIS share transfer.

Navigate to the "My ASBA" tab on the left sidebar. Under "Apply for Issue", you will see all active public issues categorized into Ordinary Shares, Debentures, and Mutual Funds. Click "Apply" next to the company. Select your linked bank account, enter the applied quantity (standard minimum is 10 units = NPR 1,000 for standard par value issues), enter your Bank CRN number, check the declaration box, and click Apply. Enter your 4-digit PIN to finalize. Your bank will immediately place a lien/freeze on NPR 1,000 in your account without debiting the money until allotment.

Under "Application Report" in My ASBA, check the status column. Within a few hours, your bank will verify that your account has sufficient balance and the status changes from "Unverified" to "Verified". If your status shows "Rejected", verify whether your bank balance was below NPR 1,000 or if an incorrect CRN was submitted.

Once the issue manager conducts the formal allotment lottery, results are uploaded to MeroShare, iporesult.cdsc.com.np, and the issue manager’s portal. Under My ASBA -> Application Report -> Action -> View Report, you will see either "Allotted: 10" or "Not Allotted: 0". If allotted, NPR 1,000 is debited from your bank and 10 shares appear in your Demat account within 3 to 7 business days. If unallotted, the blocked funds are automatically unfrozen by your bank within 24 to 48 hours.

When you sell shares on the secondary market via your broker TMS, you must deliver those shares electronically within T+1 working days. Go to MeroShare -> "My Purchase Source" -> Search for the scrip -> Update and calculate WACC. Then go to "My EDIS" -> "Transfer Shares" -> Select the sold scrip -> Confirm using your 4-digit PIN. Failure to execute EDIS on time results in a mandatory 20% cash closeout penalty charged directly to your broker ledger.

Both Demat and MeroShare accounts require annual renewal. Demat costs NPR 100 per fiscal year and MeroShare costs NPR 50 per year. You can renew both online seamlessly via eSewa, Khalti, connectIPS, or IME Pay. If you forget to renew before Ashadh end, your MeroShare account will be temporarily frozen until the fee is paid.