The NIC Asia Equity Opportunity Fund – NICEOF (IPO – For General Public) IPO application window closed on 29 September 2026. Allotment results are typically published 5 to 10 business days after closure. Check your allotment status in MeroShare under “Application Report” or at iporesult.cdsc.com.np using your BOID. This page updates automatically the moment the issue lists on NEPSE.
The NIC Asia Equity Opportunity Fund – NICEOF (IPO – For General Public) IPO opens for public subscription on 23 September 2026. Here is the complete, step-by-step guide to applying through MeroShare ASBA – including the exact amount you need, the application window, and what to do after you submit.
Application window
Opens: Wednesday, 23 September 2026
Closes: Tuesday, 29 September 2026
Issue type: IPO
Issue size: 68,000,000.00 units
How mutual fund IPOs differ from share IPOs
Mutual fund units are redeemed at NAV on specific dates and may pay periodic dividends rather than trading like ordinary shares. The MeroShare application process is identical; the exit strategy is different.
Step-by-step: how to apply through MeroShare
- Log in to MeroShare – use your DPID and password at meroshare.cdsc.com.np.
- Go to My ASBA – confirm your C-ASBA-enabled bank account is active.
- Select “NIC Asia Equity Opportunity Fund – NICEOF (IPO – For General Public)” from the list of open issues.
- Enter units – minimum is usually 10 units.
- Confirm with PIN and OTP – funds stay blocked until allotment.
Common MeroShare errors & fixes
“Bank account not found”: Your C-ASBA is not active. Enable ASBA at your bank branch before the window opens.
“Invalid DPID”: Re-check the 16-digit BOID – DP ID first, then client ID.
“OTP not received”: Update your mobile with both bank and CDSC; retry after 60 seconds.
“Insufficient balance”: The full application amount must be free in the account – it is blocked on confirmation.
How allotment works for NIC Asia Equity Opportunity Fund – NICEOF (IPO – For General Public)
If oversubscribed, retail allotment runs by lottery (typically 10 units per successful applicant); institutional and mutual fund tranches use pro-rata. The official prospectus lists the exact reserve split.
After you apply: checklist
- Save the application reference number – needed for every status check.
- Leave the funds untouched – the amount stays blocked until allotment finishes.
- Wait 5-10 business days after the window closes for the allotment process.
- Allotted? Units land in your Demat account within 2-3 days of the result.
- Not allotted? Funds auto-unblock within 3-5 business days.
How to check your allotment result
- Open iporesult.cdsc.com.np – the official CDSC result portal.
- Select NIC Asia Equity Opportunity Fund – NICEOF (IPO – For General Public) from the company dropdown.
- Enter your 16-digit BOID exactly as it appears in your Demat account.
- Submit – allotment status displays instantly.
- Cross-check in MeroShare under “Application Report” for the same record.
Tax notes for Nepali investors
Short-term gains (held under 1 year): 7.5% on profit.
Long-term gains (held over 1 year): 5% on profit.
Dividends: 5% TDS at source.
Educational only – confirm your position with a licensed tax advisor.
Last updated: 24 September 2026 – sourced from the official SEBON prospectus and CDSC announcements, cross-validated against ShareSansar. Informational only, not investment advice.
