How to Check Your IPO Result in Nepal

Every time a company issues an IPO (Initial Public Offering) in Nepal, hundreds of thousands of applicants wait for the same question to be answered: did I get allotted? This guide explains exactly how to check your IPO result, what your BOID is, how to check several family members at once, and what actually happens after allotment.

What you need before you can check

To check an IPO result you only need one thing: your 16-digit BOID (Beneficial Owner Identification number). This is your DEMAT account number issued by CDSC through your broker or bank's DP (Depository Participant). In Nepal it almost always begins with 130….

• You can find your BOID inside Meroshare (My Details), on your DEMAT account statement, or on the welcome slip your DP gave you.
• The BOID is not the same as your Meroshare username or your bank account number.
• One person can hold only one BOID, but a family often manages several — one each for parents, children, and so on.

Where results are published

When an issue's allotment is finalised (usually a few days after the issue closes), results are published in two official places:

• CDSC IPO Result portal — the official allotment lookup, where you select the company and enter your BOID.
• Meroshare — under My ASBA → Report, your application status updates to "Alloted" or "Not Alloted".

On NepseIQ's IPO checker you can look up the same official CDSC result without solving the portal's captcha yourself — pick the company, enter the BOID, and you get an instant answer.

Checking a single BOID

1. Open the IPO checker and select the company/issue you applied for.
2. Enter your 16-digit BOID (starts with 130).
3. Submit. You'll see whether that BOID was allotted, and if so, how many units (kitta).

Checking multiple BOIDs (bulk) at once

If you applied for the whole family, checking each 16-digit number one by one is tedious. The faster approach is to save each BOID once with a nickname (mom, dad, sister, self), then check them all together for the same issue. Results come back one after another so you instantly see who got allotted — without re-typing anything. NepseIQ supports this bulk / multiple-BOID checking for free.

What "allotted" actually means

Nepal's IPO allotment for heavily oversubscribed issues is done by a lottery, and the regulator's policy has long aimed to give at least the minimum lot (usually 10 units) to as many applicants as possible rather than large amounts to a few. Practically:

• Applying for more units does not improve your odds in an oversubscribed lottery — allotment is random per applicant.
• If you're allotted, the blocked amount for the allotted units is debited; the rest of your blocked ASBA amount is released back to your bank account.
• If you're not allotted, the full blocked amount is released.

How the money worked in the first place (ASBA)

You apply through ASBA (Applications Supported by Blocked Amount) in Meroshare. When you apply, the application amount is blocked in your bank account — not debited. You keep earning nothing on it while blocked, but you also don't lose it. Only on allotment is the allotted portion actually taken.

After allotment — when can you sell?

Allotted shares are credited to your DEMAT and are tradable once the company lists on NEPSE (the listing date is announced separately). Ordinary public shares from an IPO are not subject to a lock-in; promoter shares are. On listing day, newly listed shares often move sharply, so many investors watch the first few sessions closely before deciding.

Common problems and fixes

• "BOID not found" / no result: double-check all 16 digits and that you selected the correct issue. Results also only exist after allotment is published.
• Applied but status blank: confirm in Meroshare that the application was actually submitted and the amount was blocked.
• Multiple demat accounts: you can legally hold only one BOID; duplicate applications for the same issue are rejected.

Bottom line: keep your 16-digit BOID handy, check the official CDSC result once allotment is published, and remember that allotment is a random lottery — not something you can game by applying for more.