5 Simple Ways to Check IPO results in Nepal!
Venture capital is about capturing the value between the startup phase and the public company phase.Fred Wilson
The IPO is all the rage right now – why wouldn’t it be? After all, it is one of the safest investment options. You probably have invested some amount in IPO yourself and are eagerly waiting to see if you got the share or not.
How do you check IPO results though? Before we answer this, let’s take a break for a while and revisit what it is, and how to fill it.
This will give a chance for those who have no idea what an IPO is to catch up and be clear about what to do if they ever apply for an IPO.
What is an IPO?
IPO in simple terms is the first share issued by the company when the company first goes public. SO this is the first allotment of the share of the company that you can buy.
Now the thing is, once a company grows to a certain size, they have to go public and issue an IPO. Now, this has two benefits – The company gets funds from the public and the public gets a relatively safer place to invest in.
The process of applying for an IPO
To apply for an IPO you first need to have a DEMAT account. A DEMAT account or Dematerilizaed account is an account that is specifically meant for the trade of shares. After you make this account you then have to create a Mero Share account to fill up the forms for an IOP.
To make a Demat Account
- Fill and submit the form
- Verify your Demat Account
To make a Mero Share Account
- Apply a form from CRN number
- Go to the Mero Share web portal
- Fill up the form
- Set up password and Pin
To Apply for IPO
- Log in to Mero Share
- Go to ASBA
- Pick the company that has issued an IPO
- Fill up the forms.
These are the processes that you need to complete in order to apply for an IPO. After doing all of these you are now ready to check IPO results.
5 Steps to check IPO results
After applying for an IPO you will need to wait for the results to be announced. Now although the time taken to publish the results of IPO allotment may vary, it usually doesn’t take more than the month from the late date of registration.
This is because the longer they take for the results to be published the more trust they lose – which is not exactly great news for a company that just went public.
The process to check IPO results to know if you got it is rather simple as well. All you have to do is:
- Log in to Mero share
- Go to My ASBA
- Go to my application Report
- Click on the Report of Desired Application
- You will be shown the number of allotted Quantity
It really is this simple to check the results of the IPO.
Since IPO is all over Nepal now, there are many websites that enable you to check IPO results. One thing that you need to know is that regardless of which website you pick, the process remains the same.
You can use the following links to check IPO results:
Before We Go,
Once you get the IPO as with all the shares you wait for the stock to go high and sell it for profit. This is the same game as with all of the share markets. If you sell too early and you might miss out on the profit. On the other hand, if you wait too long and you may go to the loss.
But that being said, IPO is relatively safer than the rest of the share investment. The main reason for this is because you don’t have to invest much but can gain a lot if you play the stock game smart enough.
With this, we have come to the end of this article. We hope that this helped you. If you have any suggestions for us, do let us know them down in the comments below. Do check the links below if you want more information on the IPO.