CDS & Clearing Limited has launched a separate website to check IPO result online. The company has made such an arrangement with the objective of keeping the data of the investors safe while checking the result of IPO on different third-party websites.
An arrangement has already implemented to publish the results by the issuing company and the company that has distribution authority is permitted to publish the result on their own website.
Accordingly, the results of the IPO allotment of Mahila Laghubitta Bittiya Sanstha Limited were posted on the website of the company and the public offering and sales manager of Nepal SBI Bank Limited.
But due to excessive traffic from investors, both the websites could not work properly, so that traffic load also increase on the Meroshare website. Due to which other services provided through Meroshare have also affected.
To end this kind of situation, a separate web portal has been launched to facilitate viewing of the results of the issuance of securities issued to public securities.
According to CDSC, the portal, which is only for the results of IPO publicly, is designed to be safe, fast, and easy to operate even when used by many investors at the same time.
In this portal, investors will be able to easily view the results of the IPO, as soon as the distribution is completed. Currently, the results of the distribution of Mahila Laghubitta Bittiya Sanstha Limited have been uploaded in the portal.
You can view your results by going to https://iporesult.cdsc.com.np. The EDIS service has been affected due to problems in Mero Share due to the traffic load of investors to look at the distribution result. After result distribution on the separate site will decrease traffic load from Meroshare.