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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.
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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.
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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.
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Do we need to pay for Mero Share?
Yes, we need to pay Rs. 50 annual charge for the account.
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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