What is a Mero Share Account?
Mero Share is a web portal and mobile app of CDS and Clearing that shows the details of shares in Demat account. Opening a Mero Share Account will facilitate the application of IPO, FPO, Rights, Debenture through online. Beside application, checking IPO result and transferring sold shares can be done through Mero Share Account.
Where can we open Mero Share account?
Visit the institution where you have opened a Demat account. Simply fill the form that requires BOID, Name, Mobile number and Email. You will receive a username and password in the mentioned email address.
Any other requirements in Mero Share account to apply online?
IPO/FPO/Rights/Debenture can be applied online through the Mero Share account. After getting mero share account, take the CRN number (C-ASBA Registration Number) from the bank. Some banks also offer online services to get CRN number. Put your CRN number while applying for the issues.
Do we need to pay for Mero Share?
Yes, we need to pay Rs. 50 annual charge for the account.
Features of Mero Share
- Check statement of Demat account
- Get transaction history
- Check portfolio
- Check Pledge details
- Apply IPO, FPO, Right, Debentures
- EDIS for sold securities
- Calculation of Weight Average Cost of securities
- Change bank details of Demat Account