If an IPO gets more applications than shares — which most NEPSE IPOs do — the issue manager runs a computerised lottery among valid applicants, and winners usually get the minimum 10 units. If there are enough shares, every applicant gets what they applied for.
IPOs open or opening soon
- Him Parbat Hydropower Limited · IPO LocalOpens 28 Oct 2026
- Him Parbat Hydropower Limited · Foreign EmploymentOpens 28 Oct 2026
The allotment in practice
- Undersubscribed or fully subscribed: every valid application is allotted in full.
- Oversubscribed: the issue manager draws lots so that as many applicants as possible get the minimum lot of 10 units. In a heavily oversubscribed issue, applying for more units does not give you more tickets.
- Applications with errors — wrong CRN, failed bank block, duplicates from the same person — are rejected before the draw.
Separate quotas
Shares are split into pools before allotment, each with its own lottery: the general public, employees, mutual funds, project-affected locals (for hydropower), and Nepalis working abroad. Applying in a smaller pool you qualify for can mean better odds.
Is IPO allotment luck?
For an oversubscribed issue, yes — it is a lottery, and the number of units you applied for does not change your odds. What you can control is applying correctly, before the close, in every quota you are eligible for.
How is the result announced?
The issue manager publishes the result on iporesult.cdsc.com.np and in Meroshare's Application Report. See our guide on how to check an IPO result.
Does applying from several family accounts help?
Each person with their own BOID is a separate applicant, so a family applying from each member's account gets several chances. One person applying twice is a duplicate and gets rejected.
Updated 27 October 2026. General information, not investment advice. Rules can change — check the latest NEPSE, CDSC or SEBON notice. Editorial policy · More NEPSE guides