Start here · सुरु गरौं
Your First Share in 7 Steps
Never bought a share before? Start here: what a share is, the accounts you need, and the exact steps to your first trade.
On this page · विषयसूची
1. First, what is a share?
A share (शेयर) is a small piece of ownership in a company. If a bank has 1 crore shares and you own 100, you own a tiny part of that bank. When the company earns profit, it may share some of it with you as a dividend (लाभांश), and if more people want to buy the share, its price may rise.
In Nepal, shares are bought and sold on the Nepal Stock Exchange (NEPSE). One share is called one kitta (कित्ता).
2. What you need (the 5 accounts)
| Account | What it does | Where to get it |
|---|---|---|
| Bank account | Holds your money for buying shares and receives money when you sell | Any commercial or development bank |
| Demat account (BOID) | Holds your shares electronically. You get a 16-digit BOID number | A Depository Participant (DP): most banks and brokers |
| MeroShare | Online login for your Demat: apply for IPOs, see your shares, transfer sold shares (EDIS) | meroshare.cdsc.com.np, after your Demat is ready |
| Broker (TMS) account | Lets you buy and sell shares in the market. You get a client code and a TMS login | Any licensed stockbroker |
| Online payment (optional) | connectIPS or your bank app, to load money to your broker quickly | Your bank |
3. Documents to keep ready
- Citizenship certificate (original and photocopy, both sides)
- Two passport-size photos
- Bank account details (account name must match your Demat name)
- PAN number, if you have one
- Your mobile number and e-mail (for OTPs and login)
Many banks and brokers now offer online KYC and online account opening; others ask you to visit a branch once.
4. Your first share in 7 steps
- Open a bank account (if you don't have one).
- Open a Demat account at a DP. You receive your 16-digit BOID in a few working days. There is a small yearly fee, usually around Rs. 100 to 200.
- Register on MeroShare with your DP and BOID. Set a strong password.
- Link your bank in MeroShare (My ASBA → bank details). This lets you apply for IPOs.
- Open a TMS account with a broker. You get a client code and a TMS login.
- Load money (collateral) into TMS from your bank or connectIPS. You can usually buy for the amount you have loaded.
- Place your first buy order in TMS during market hours (or as an after-market order). Your shares arrive in your Demat after settlement (T+2, two working days).
5. Living abroad? (वैदेशिक रोजगारी)
Nepalis working abroad can also open a Demat and MeroShare account, often online through their bank, and many IPOs keep a reserved quota for Nepalis in foreign employment. Ask your bank about remittance-linked accounts and how to apply in that quota.
6. What to learn next
- How to apply for an IPO: the easiest first step for most beginners
- How buying and selling works: hours, price limits, settlement, fees and a cost calculator
- Beginner mistakes and scams to avoid