Quick Answer (TL;DR)

DEMAT → Meroshare → TMS (broker) → Bank/C-ASBA, all on one BOID. Open TMS online/in-branch with citizenship + photo + bank + DEMAT, get TMS login + broker code, load collateral via IPS, trade Sun–Thu 11–3. Cost ≈ 0.36–0.40% broker + levies + Rs 25 DP per side.

The 4-Link Chain — DEMAT, Meroshare, TMS, Bank

1. DEMAT/BOID (DP)16-digit BOID holds shares — open via bank/broker DP with citizenship + photo
2. Merosharemeroshare.cdsc.com.np — IPO/FPO, portfolio, C-ASBA/CRN, DIS transfer
3. TMS (broker)Broker’s tmsXX.nepsetms.com.np login — live orders, collateral, ledger
4. Bank + C-ASBASame-name bank + CRN for IPO blocking + IPS for TMS collateral load

Already have DEMAT? See DEMAT + Meroshare guide before opening TMS — reusing the same BOID avoids mismatch rejections.

Choose Broker + Open TMS

  1. Pick a SEBON-licensed broker (01–90+ codes) — compare collateral load speed, AMC, support, and nearby branch
  2. Submit TMS + KYC form: citizenship, photo, DEMAT/BOID, Meroshare, bank + CRN, signature, nominee
  3. Get TMS username/password + broker code in 1–3 working days → change password + enable 2FA
  4. Load collateral via IPS/bank transfer to broker → limit appears in TMS → ready to order

First Trade — Order Walkthrough

  • Login TMS → Fund/Stock → Order: symbol, quantity, price (circuit limits per the current NEPSE notice — commonly ±10%, confirm the live circuit notice on nepse.org.np), validity (Day), buy/sell
  • Market vs Limit: beginners use Limit at LTP ±1–2 ticks — market orders slip in thin books
  • Settlement (commonly T+2 working days — confirm the current NEPSE settlement notice): bought shares in DEMAT in ~2 working days; sold cash in broker ledger → withdraw to bank
  • IPO vs Secondary: IPO via Meroshare C-ASBA; live NEPSE buying only via TMS — do not confuse the two

Charges & Mistakes

Broker commission~0.36–0.40% per side, slab-wise per SEBON cap — confirm broker sheet
ExtrasSEBON + NEPSE levies (fractional %) + DP Rs 25/debit + bank IPS fee
Mistake #1Name/bank/BOID mismatch across DEMAT–Meroshare–TMS → collateral/transfer fails
Mistake #2Buying upper-circuit blindly at 3 PM — next-day gap-down; use limit + position size

Official Sources & Final Note

Source: NEPSE (nepse.org.np) trading/settlement/circuit notices + CDSC/Meroshare + SEBON broker-commission directive/circulars (confirm the current commission sheet with your broker and the live circuit/T+2 notices on nepse.org.np — working figures here as of October 2026). Hours/commissions revise by notice — verify before funding.

Last updated: September 27, 2026. Educational guide only — not investment advice.

Frequently asked questions

What do I need to trade shares?

DEMAT via a DP + Meroshare login + TMS account with a NEPSE broker + linked bank + C-ASBA (CRN). TMS alone is not enough — all four must be linked to the same DEMAT/BOID.

When does NEPSE trade?

Sunday–Thursday, ~11 AM–3 PM NPT (pre-open ~10:30–11). No trading Fri–Sat/holidays. Verify the current session notice on nepse.org.np — hours shift on special notices.

What are the charges per trade?

Broker commission is commonly quoted as ~0.36–0.40% slab-wise under the SEBON-capped broker commission sheet, plus SEBON/NEPSE levies + DP charge ~Rs 25 per debit + bank transfer fee. Confirm your broker's current commission sheet and the live SEBON directive before trading — rates revise by directive (figures here as of October 2026).

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Written by SolutionsNepal Team

Nepal capital-market researchers