This guide explains exactly how to apply for an IPO in Nepal through MeroShare in 2026 — step by step, without jargon.
What Is an IPO?
An Initial Public Offering (IPO) is when a company lists on NEPSE for the first time by offering shares to the public at a fixed price. SEBON regulates every IPO — from pricing to allotment — ensuring a structured and transparent process.
In Nepal, IPO applications are submitted through MeroShare, the official online portal managed by CDS & Clearing Ltd.
What You Need Before Applying
An active Demat account with a BO ID
MeroShare account activated (meroshare.cdsc.com.np)
A bank account with ASBA (Application Supported by Blocked Amount) facility enabled
Your bank must be on NEPSE's approved ASBA bank list
Step-by-Step: How to Apply for an IPO on MeroShare
Step 1 — Log in to MeroShare Go to meroshare.cdsc.com.np and log in using your DP (Depository Participant), BO ID, and password.
Step 2 — Go to "Apply for IPO" From the dashboard, click "ASBA" then "Apply for IPO." Active IPOs will be listed here during their open period.
Step 3 — Select the IPO Click on the IPO you want to apply for. Check the open and close dates, offer price, and minimum lot size.
Step 4 — Fill the Application Enter the number of units you wish to apply for (minimum is usually 10 units), select your ASBA bank, and enter your bank account number. The application amount will be blocked — not debited — from your account until allotment.
Step 5 — Submit and Confirm Review your application carefully and submit. You will receive a confirmation via email and SMS. Save your application number.
Step 6 — Check Allotment Result After the IPO closes, allotment results are published on MeroShare under "My Application." If you are allotted, shares are credited to your Demat account. If not, the blocked amount is released back to your bank account.
IPO Allotment: How It Works in Nepal
Nepal uses a lottery system for IPO allotment when applications exceed the shares available. Each applicant gets one entry regardless of how many units they applied for — meaning applying for more units does not increase your chances of allotment.
Exception: Some IPOs reserve a portion for specific categories — employees, affected locals, or mutual funds — before the public lottery.
Common IPO Application Mistakes
Applying after the deadline — IPOs have strict close dates. Missing by even one day means no entry
Wrong bank account number — a single digit error will reject your application
Multiple applications from one BO ID — you can only apply once per IPO per Demat account. Duplicate applications are rejected
ASBA not enabled — contact your bank to activate ASBA before the IPO opens
Applying through someone else's account — applications must match your own KYC
Why IPOs Matter for Long-Term Investors
IPO allotment in Nepal has historically delivered strong listing-day gains — particularly in hydropower, banking, and infrastructure sectors. However, not all IPOs list above offer price. Research the company's financials, sector, and SEBON prospectus before applying.
Get IPO Guidance from Brilliant Securities
At Brilliant Securities, our team assists clients with IPO applications, allotment tracking, and secondary market participation. As NEPSE Broker #8, we have facilitated thousands of IPO applications across Nepal.
Open your account at kyc.brilliantneo.com to start applying for IPOs today.
Disclaimer: This blog is for educational purposes only and does not constitute investment advice. IPO investments carry risk. Please read the SEBON-approved prospectus before applying.
