Initial Public Offers (IPOs) are a popular way for companies to raise capital and for investors to get in on the ground floor of a new venture. In Nepal, the allotment of shares in an IPO is carried out by the registrar, Mero Share CDSC and Clearing Limited. In this article, we will take a closer look at the IPO allotment process and provide a comprehensive guide on how to check your IPO result on the registrar’s website, iporesult.cdsc.com.np and meroshare.cdsc.com.np.
What is IPO Allotment?
IPO allotment refers to the process of allotting shares to investors who have applied for them during the IPO subscription period. The allotment process is carried out by the registrar, Mero Share CDSC and Clearing Limited, and is based on a set of criteria determined by the company issuing the IPO. This criteria can include factors such as the number of shares applied for, the investor’s financial status, and the overall demand for the shares.
Once the allotment process is complete, the results are published on the registrar’s website, and investors can check their allotment status by visiting the website and inputting their BOID and Demat Number.
How to Check Your IPO Result
Checking your IPO result is a straightforward process that can be completed in a few simple steps. Here’s a step-by-step guide on how to check your IPO allotment status on the registrar’s website:
- Go to the Mero share website iporesult.cdsc.com.np or meroshare.cdsc.com.np
- Select ‘Search’ from the dropdown menu.
- Select the IPO name from the dropdown menu.
- Input your BOID and Demat Number
- Click the Recaptcha button to verify
- Click on the View Result Button
Your IPO allotment status will become available on your computer monitor or on your Smartphone screen. Please ensure the details that you provide are correct. It will show the number of shares you subscribed to and the number of IPO result shares allotted to you.
Also read: Upcoming IPOs in Nepal
When to Expect Your IPO Allotment
After the bid closing of any IPO, it usually takes 6 to 7 days for the allotment process to be completed. The IPO will then publish the list of the successful names allocated on the CDSC MeroShare iporesult.cdsc.com.np allotment website, which can be searched in three ways:
- BOID number
- Demat Number
- Date of Birth
Why You May Not Have Received an Allotment?
It is important to note that an application acceptance does not guarantee an allotment of shares if the IPO is oversubscribed. This means that there are more applications for shares than there are shares available, and the allotment is determined based on the criteria set by the company issuing the IPO. Additionally, the registrar may reject applications that do not meet certain criteria or that are deemed to be fraudulent.
Conclusion
In conclusion, the IPO allotment process in Nepal is carried out by the registrar, Mero Share CDSC and Clearing Limited, and the results are published on their website, iporesult.cdsc.com.np and meroshare.cdsc.com.np. By following the simple steps outlined in this article, investors can check their allotment status and determine how many shares they have been allotted in an IPO.
It is important to keep in mind that the allotment of shares is based on a set of criteria determined by the company issuing the IPO, and that an application acceptance does not guarantee an allotment of shares if the IPO is oversubscribed. Additionally, it is important to note that the allotment process usually takes 6 to 7 days after the bid closing.
If you are an investor looking to participate in an IPO in Nepal, it is essential to stay informed about the allotment process and to check your allotment status on the registrar’s website once the allotment is complete. By doing so, you can ensure that you are up to date on the status of your investments and can make informed decisions about your financial future.
So, don’t wait any longer, go ahead and check your IPO allotment status now on iporesult.cdsc.com.np and meroshare.cdsc.com.np, and stay informed about your investments in the exciting world of IPOs in Nepal.
