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Understanding MeroShare: your demat, IPOs and the buy/sell process
A tour of MeroShare's key features — portfolio, My ASBA, EDIS for selling, share transfers, annual renewals — and the common mistakes that trip up new investors.
MeroShare is the online gateway to your demat account, operated by CDS and Clearing Ltd. (CDSC). If you own — or plan to own — shares in Nepal, you will use it constantly. Here is what each part does and how it fits into the buying and selling process.
Your dashboard and portfolio
The My Portfolio section lists every scrip in your demat account with its current value. It updates as trades settle, IPO allotments credit, and bonus or right shares arrive. The My Share section shows the transaction history of each scrip — useful when reconciling with your broker statements.
My ASBA — applying for IPOs
This is where IPO, FPO and right-share applications happen. Select the open issue, enter the number of units (minimum 10 kitta for IPOs), your CRN and transaction PIN, and the amount is blocked in your bank account until allotment. Results appear under Application Report. Our step-by-step IPO guide covers this flow in detail.
My EDIS — the selling half
When you sell shares through a broker, the shares must move from your demat account to the clearing system before T+2. That transfer is EDIS (Electronic Delivery Instruction Slip): open My EDIS → Transfer Shares, select the sale transaction and confirm with your PIN. Miss the deadline and the settlement fails — one of the most expensive beginner mistakes.
Transferring shares between accounts
Family transfers, gifts and account consolidation move through your DP rather than MeroShare itself — submit the BO-to-BO transfer form (available on our Downloads page) and we process the transfer under CDSC rules.
Annual renewals — do not skip them
Both your demat account and MeroShare access carry small annual fees (around Rs 100 and Rs 50 respectively). If they lapse, MeroShare locks you out — usually discovered at the worst moment, mid-IPO window. Renew through your DP; we send reminders to our demat clients each year.
Common mistakes to avoid
- Forgetting EDIS after selling — transfer shares the same day your sell order matches.
- Letting renewals lapse — an inactive account cannot apply for IPOs.
- Multiple IPO applications per person — duplicates are disqualified outright.
- Stale bank details — dividends and refunds go to the bank account on file; keep KYC current.
- Sharing your PIN — the transaction PIN authorises applications and transfers; treat it like your bank password.
Still puzzled by a MeroShare screen? Ask us — demat support is part of our DP service, and our education section has video walkthroughs of the whole process.
