IPO Result Nepal 2026: Check Allotment by BOID

The fastest official method to check an IPO result in Nepal is the CDSC IPO Result portal. Select the company, enter your 16-digit BOID and any required verification, and view your allotment status directly. MeroShare's My ASBA and Application Report can also help you track your application and allotment status, but it's a separate service from CDSC's dedicated IPO Result portal, don't assume they're the same thing.

This guide walks through both methods, explains exactly what each result status means, and covers the problems people actually run into on result day: a blank result, a confusing "Verified" status, or not knowing when blocked money gets released.

Quick Answer: How to Check Your IPO Result

Latest IPO Result in Nepal

How to Check IPO Result in Nepal Using BOID

CDSC (CDS and Clearing Limited) is Nepal's centralized depository, promoted by NEPSE and operating under securities regulation from SEBON. It maintains a dedicated IPO Result portal separate from MeroShare, this is the primary official way to check whether you got an IPO.

1. Open the official CDSC IPO Result portal at iporesult.cdsc.com.np. Confirm the domain in your browser's address bar before entering anything.
2. Select the correct company from the list. Make sure it's the exact issue you applied for, not a similarly named company.
3. Select your applicant category if asked (general public, migrant worker, project-affected local, and so on) since results are published separately by category.
4. Enter your 16-digit BOID exactly as it appears in MeroShare or your demat documents.
5. Complete the captcha or verification step shown on screen.
6. View your result: Allotted (with a unit count) or Not Allotted for that application.

How to Check IPO Result in MeroShare

MeroShare is your investor account, used for applying to IPOs through C-ASBA and managing your portfolio, not a dedicated result-checking tool the way CDSC's IPO Result portal is. It can still show your application and allotment status:

1. Log into MeroShare at meroshare.cdsc.com.np using your username, password and transaction PIN.
2. Go to the My ASBA tab.
3. Open Application Report, which lists every company you've applied to.
4. Find the relevant company and open its report to see your current status, along with any remark about your blocked amount.

The Application Report typically lists the company name, the number of units you applied for, your current status, and a remark field that can note whether your blocked amount was released or debited. If you've applied to several IPOs over time, this report is genuinely useful as a running history, even outside of result day, since it's the one place that shows every application you've ever made through that MeroShare account.

What Does Allotted, Not Allotted, Verified and Rejected Mean?

We're not inventing these definitions, if you see a status not covered here, don't guess what it means. Check MeroShare's own help section or ask your bank/DP rather than assuming.

Where Can I Find My BOID Number?

IPO Result Not Showing? Try These Fixes

• Result not yet published: CDSC and the issue manager need time to process the lottery after applications close. If the result date hasn't arrived yet, there's nothing to check.
• Wrong company selected: Double-check the exact company name and applicant category, similarly named companies or a wrong category will show no result for you.
• Incomplete or incorrect BOID: Recount your digits. A single mistyped digit points to a different account.
• Heavy traffic right after publication: The portal can slow down when a popular result first goes live. Wait a few minutes and retry rather than repeatedly resubmitting.
• Portal temporarily unavailable: Try again shortly. Don't switch to an unofficial third-party checker just because the official site is briefly slow.
• Application still showing Verified: This means processing, not allotment. Wait for the official result date rather than assuming an error.
• Application rejected: Check the specific remark in MeroShare's Application Report for the reason, this is usually related to your bank application details.
• MeroShare and CDSC showing different timing: These are separate systems and can update at slightly different times. Treat the official CDSC IPO Result portal as authoritative if the two disagree.
• Shares not yet in My Shares: Allotment and share crediting aren't always instant. Give it some time before assuming something is wrong.

I Got the IPO. What Happens Next?

Allotment doesn't mean your shares are immediately tradable. The normal sequence is: allotment is finalized, shares are credited to your Demat account, and the shares then need to be formally listed on NEPSE before you can buy or sell them on the exchange. You can usually see allotted shares in MeroShare's My Shares or Portfolio section once crediting is complete. We won't promise a fixed number of days for this sequence since it varies by issue, check MeroShare directly for your specific shares rather than assuming a timeline.

It's worth separating three things that people often lump together: being allotted shares, having those shares credited to your Demat account, and the shares being formally listed and tradable on NEPSE. All three usually happen in that order, but they are not the same event, and news coverage of an IPO result often only reports the first one. If you're checking your portfolio right after a result and don't see the shares yet, that alone doesn't mean anything is wrong, crediting can lag slightly behind the published result.

I Was Not Allotted. When Will My Money Be Released?

Nepal's IPO applications go through C-ASBA, which stands for Centralized Application Supported by Blocked Amount. When you apply, your bank blocks the application amount in your account, it isn't withdrawn or transferred out at that point. If you're allotted shares, the blocked amount corresponding to your allotted units is debited to pay for them, and the rest is released. If you're not allotted at all, the entire blocked amount is released back to your normal available balance, generally within a short period after the official result. If the release seems delayed well beyond what you'd expect, contact your bank directly rather than assuming the money is lost.

Why Didn't I Get the IPO?

Most IPOs in Nepal, especially hydropower issues, receive far more valid applications than there are units available. Allotment for the general public portion is typically conducted by lottery, when an issue is oversubscribed many times over, most valid applicants simply aren't selected. This isn't a reflection of anything you did, it's how a random lottery-based allotment works when demand vastly exceeds supply. Confirm the exact allotment mechanics for a specific issue from its official prospectus or allotment notice rather than assuming every IPO works identically.

The Mount Everest Power Development Limited issue referenced above is a useful real example of just how lopsided this can get. Of 14,27,600 units offered to the general public, the issue received 28,15,679 valid applications for a combined 3,01,19,880 units, more than 21 times the units on offer. Under SEBON's minimum allotment rule, each selected applicant in a lottery-based general public issue typically receives a minimum of 10 units where available, which is why exactly 142,760 applicants (roughly 5 out of every 100 valid applicants) were each allotted 10 units, and the rest received nothing this round. A popular hydropower IPO being oversubscribed 10, 20 or even 50 times over is common in Nepal, so treat "Not Allotted" as the statistically expected outcome for most applicants on a heavily subscribed issue, not a sign that anything went wrong with your specific application.

Not every issue is allotted purely by random lottery. SEBON's regulations allow different allotment approaches depending on how the issue is structured and how heavily it's subscribed, some smaller or under-subscribed issues may allot on a pro-rata or full-allotment basis instead. Always check the specific issue's prospectus or the issue manager's allotment notice if you want to understand exactly how a particular company allotted its shares, rather than assuming every IPO in Nepal follows an identical lottery process.

CDSC IPO Result vs MeroShare: Which Should You Use?

Many articles use "CDSC," "MeroShare," and random third-party result checkers as if they're interchangeable. They're not. CDSC's dedicated portal is the fastest official check for a single result, MeroShare is your broader account for managing applications and your portfolio over time, and an issue manager's own site is a secondary, issue-specific reference.

How IPO Allotment Works in Nepal

CDSC describes itself as a centralized depository, clearing and settlement organization, promoted by NEPSE and operating under securities regulations set by SEBON (the Securities Board of Nepal). That's the authoritative relationship worth understanding: SEBON regulates, NEPSE promoted CDSC, and CDSC operates the depository and result infrastructure that both MeroShare and the IPO Result portal run on. Understanding the full sequence also helps explain why results take time and why some steps feel repetitive:

1. Public issue opens: The company, through its issue manager, opens a public issue for a set application window.
2. C-ASBA application: You apply through MeroShare, and your requested amount is blocked (not withdrawn) in your bank account.
3. Verification: Your application is checked for validity, sufficient blocked balance and correct details.
4. Allotment: Valid applications go through the allotment process, typically a lottery for oversubscribed general public issues.
5. Official result: CDSC publishes the result on its IPO Result portal, and MeroShare updates to reflect your status.
6. Securities credited: Allotted shares are credited to your Demat account.
7. Listing and trading: The shares are listed on NEPSE and become tradable on the exchange.

Before Checking Your IPO Result

Frequently Asked Questions

How Merokalam Verifies This Guide

We check CDSC's official IPO Result portal, CDSC's own description of its role, and current issue-manager announcements before publishing or updating this guide. We haven't independently tested every MeroShare menu label, interfaces and wording can change, so treat the MeroShare walkthrough as a general flow and confirm against what you actually see in your own account.

Update History

This guide is for informational purposes and is not investment advice. Merokalam is not affiliated with CDSC, MeroShare, NEPSE, SEBON or any issue manager. Confirm all application, allotment and refund details directly with the official CDSC portal, MeroShare, or your bank/DP.