What is Mero Share?
Mero Share is an internet-based service enabling investors to digitally oversee their shareholdings. This platform, developed by CDS & Clearing Limited (CDSC) for Nepalese Capital Market participants, facilitates convenient management of shares.
It offers various functionalities including online applications for IPO/FPO/Right Shares, seamless share transfers, comprehensive account insights, and the option to update bank account information, providing customers with a streamlined and effective solution for share management.
Why Mero Share?
Thanks to Mero Share, investors in Nepal now enjoy increased accessibility, greater transparency, and enhanced effectiveness in managing their investments. Through this platform, investors have the convenience of digitally holding shares, thereby simplifying portfolio management and bolstering security measures.
Within Mero Share, investors can easily monitor their shareholdings, track transaction history, and access other pertinent information related to their investments. Additionally, investors have the opportunity to participate in various corporate actions such as rights issues, bonus issues, and dividends.
Furthermore, Mero Share streamlines the investment process by eliminating the need for physical certificates and paperwork. This not only enhances convenience for investors but also reduces costs associated with managing investments, making it a more cost-effective solution for portfolio management in Nepal’s financial landscape.
Benefits Of Mero Share
Below are the major benefits of Mero Share for Investors and Shareholders;
- Access personal information of the account beneficiary.
- Review stock details within your account.
- Monitor the current market value of stocks in your account.
- Examine transaction history within your account.
- View shares held as collateral in your account.
- Apply online for purchasing shares during primary issues (IPO/FPO) and rights issues.
- Update bank account details or request changes through a depository participant.
- Transfer sold shares conveniently through the MY EDIS tab.
- Check the IPO outcomes of companies where you’ve applied.
Thanks to Mero Share, Nepal’s stock market has become more inclusive, reaching a broader audience. To participate in the Nepalese stock market, individuals are required to establish a Mero Share account.
For those who are not yet Mero Share account holders, we provide assistance in setting up your Mero Share account to enable your entry into the Nepalese stock market.
Related: Top Stock Brokers In Nepal As of 2024 – Nepal Stock Exchange (NEPSE)
How To Use Mero Share?
To start using Mero Share, you can either download the app or visit the Mero Share login page at “http://www.meroshare.cdsc.com.np“.
Please be aware that there is an annual subscription fee of Rs. 50 for accessing MeroShare.
However, in order to use Mero Share and Start Investing, you will first need to have a Mero Share Account. If you want to learn to open then you can read our article on ‘How To Open Mero Share Account?‘
Conclusion
Mero Share serves as a crucial asset for investors in Nepal’s stock market, offering a straightforward and effective means of handling their shares. Equipped with functionalities like online IPO/FPO/Right Share applications, seamless share transfers, comprehensive account insights, and the option to update bank account details, Mero Share emerges as an invaluable tool for investors aiming to optimize their investments. Why endure lengthy queues when you can conveniently manage your shares from the comfort of your home with Mero Share?
