How to view IPO result in Nepal?--There are many options through which we can view IPO result. Some of them are visiting websites or through meroshare app.
What is an IPO?
IPO (Initial Public Offering) is a process through which a
private limited company sale their stocks to the general public. In another
word, this process allows a private company to use money from the general
public. In return, the company sells their share to the general public. In this
process, the company is known as the issuer and the public is called investors.
Many investors think that it is a good chance to make a lot of money and
profits. However, you should be very careful before investing in IPO as it can
deliver an inconsistent return. Before investing in IPO you must check the
company’s details such as whether that company is at a loss. If it is not, then
you can make a high amount of profit from IPO.
In Nepal, investment in IPO is increasing, and many
investors can make tremendous profits from it. To apply for an IPO, we must
have a DEMAT account. Many companies provide DEMAT accounts. After creating a
DEMAT account we must have a CRN number. We can easily get the CRN number from
the bank. If we have both CRN and DEMAT account, we will be eligible to apply
for IPO. We can easily apply for it by just sitting at home, and using our
phones. However, after applying for IPO many people are unable to check the
result of it. This article will discuss the methods through which we can check
the IPO result.
To check IPO there are three main methods. First, you can
visit the official website of IPO result or you can check it from the meroshare
app or the website of the issue manager. There are some other websites through
which we can check the IPO result, but they provide the results of only a few
companies. All methods are discussed below.
1. Using meroshare app
Meroshare app is available on the google play store in beta
version. We can simply download it from the play store. This app is downloaded
by more than 1 million users and it has a 4.1-star rating on the google play
store at the time when this article is published. After installing, we can open
it by clicking on the open button from the play store or directly from the apps
menu. Follow the following process to check the result of IPO from the
meroshare app.
Step 1: Open the meroshare app and login
When you open the meroshare app you will see a window where
you have to fill few details such as Depository Participants ID (DPID),
Username, and Password. DPID is provided by the company from where you opened
your DMATE account. For example, DPID of nassa securities company is 15900.
Your username is last 8-digit number from your BOID. For example, if your BOID
is 1301590000123456, then 00123456 will be your username. The password was
chosen for you when you created your meroshare account. Fill that password in
the password section to log in. After filling tap on login for login. You can
also use our fingerprint to log in to your account, but you must remember that
you should log in from your username and password for the first time to enable
this feature. This feature support only those devices which has a fingerprint
sensor on their device.
Step 2: Go to My ASBA section
After logging into your account a window will be shown with
some options on the bottom. Click on My ASBA from that window.
Step 3: Click on Application Report
After clicking on My ASBA a window will be opened where you
can see many options such as Apply for issue, Current issue, Application
Report, and so on. Choose Application Report to see the full report of the IPO.
Step 4: Click on Report of the company which you want to see the result
Now, we can see the list of companies for which you had
applied IPO. Click the report button below the company name to see the report
in which you want to view the IPO result.
Step 5: View the status.
After clicking on the Report you will see the full details
about the IPO such as company name, share type, share group, issue manager, and
so on. To view the IPO result, check the status. If it is written alloted, then
congratulation the share is sold to you. You can sell this share to the
secondary market, and make profit. Although, if it is written not alloted, it
is not sold to you. Your money will return to your bank account after a few
days. You can also download the full details of the IPO in pdf format, for it
click on the pdf icon on the top right corner. After clicking on it a pdf will
be downloaded with full details about the IPO.
2.Without using meroshare app
We can easily view IOP result without using any app. We can
simply go to some websites that provide IPO result.
Many websites provide that facility, but the most commonly
used website is iopresult.cdsc. Additionally, we can view the result from the
website of the issue manager. Now, discuss those methods.
a) From the website iporesult.cdsc
Using iporesult.cdsc we can easily view the IPO result. For
it, we do not need our username and password. Only BOID is enough for it. This
website is very fast than the meroshare app. We have to wait for some days to
view the IPO result on the meroshare app, though using this website we can view
the result immediately when the result publishes.
Step 1: Visit iporesult.cdsc.com.np
Open any browser on your device and visit the website
iporesult.cdsc.com.np. A window will be displayed where you have to fill some
details. First, you should choose the company name by clicking on the select
company option. You can see many companies' names, the company whose IPO is
published recently will be at the last of the list. You can select the company
by clicking on the company name. After selecting the company name, you should
enter the BOID. The BOID must be 16-digit. If you forget your BOID you can
check it from the meroshare app or directly from the meroshare website. Go to
the app and log in to your account. Click on the profile icon on the right top
corner. By clicking on it you can get your personal information, and BOID will
be at the top. To check it from the website, log in to your account from the
website and go to profile > meroshare profile. A window will open with your
personal details. The first 16-digit number on the list is your BOID.
Step 2: Fill your BOID and click on view result.
There are some more websites through which you can check IPO
result.
b) From the official website of the issue manager
We can also check IPO result using the official website of
issue managers, however, different companies have different issue managers.
Follow those steps to view IPO result from the website of the issue manager.
Step 1: Find out the issue manager
To view IPO result from the website of issue manager we need
to know who is the issue manager. We can check it from the IPO Application
details. For it login your account to the meroshare, and go to My ASBA >
Application Report> Report (Select the company that you want to know issue
manager) > Application details. Now, in Application details, you can find
the issue manager. For example, I am going to search the issue manager of Nyadi
Hydropower Limited, and the issue manager of it is GLOBAL CAPITAL LIMITED.
Step 2: Search on google for the result.
Now, open any browser on your device and search on google
‘issue manager name + IPO result’. For example, in my case, I am searching for
‘Global capital IPO result’. After searching it, open the first link.
Step 3: Fill the company name and BOID and click on check.
On opening the first link you will be directed to the page
of the issue manger website. Fill company name and BOID, and click on the check
button to see the result.
In this way, we can view the IPO result from the issue
manager website, but you must remember that different companies have different
issue managers.
Conclusion
There are three main ways through which we can view the
result of an IPO. Those are using the meroshare app, visiting
iporesult.cdsc.com.np, and from the website of the issue manager. However, the
easiest and fast way to check the IPO result is by visiting
iporesult.cdsc.com.np as it provides result very fast as compared to other
methods. Although, we can use other ways in the case when the server is
overloaded due to many users.