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01-5970734 9767647661Office Hour: 9:00am - 5:00pm
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FAQ
FAQ
Step 1: Login to meroshare
Step 2: Click Purchase source
Step 3: Tick the relevant scrip
Step 4: Click Proceed
Step 5: Confirm terms and conditions by reading and ticking
Step 6: Click update to generate WACC rate
WACC stands for "Weighted Average Cost of Capital". It denotes per unit cost of stock you are holding. Calculation of WACC is done for determining capital gain tax liability during sale of shares. The capital gains tax is only applied to the profits earned on the sale of shares.
A book closure is a period during which a company halts changes to its shareholder registry or processes requests for share transfers. Companies often use the book closure date as the cutoff for determining which investors will receive dividend payments for that period.
Here's the process for EDIS:
1. Log in to your Mero Share account.
2. Click on My EDIS.
3. Go to No Deliver Trades.
4. Enter the scrip for which the EDIS is not visible and click Search.
5. Check the Nodel-end-date and proceed with the EDIS on the following day after 6 p.m., once the Nodel-end-date has passed.
For further assistance, feel free to contact us at 015970734 or +9779767647661.
The DIS check or EDIS should be provided within one day after the sale of stocks.
EDIS is not available of the shares sold on previous day.
A PAN number is required only for trade transactions that exceed Rs. 5 lakhs in a single instance.
In Nepal, Capital Gains Tax is imposed when you sell an asset, such as property or stocks, for a higher price than you originally paid. The profit you earn from this sale is called a "capital gain." For example, if you purchased a stock for Rs 10,000 and sold it for Rs 15,000, the Rs 5,000 difference is your capital gain.
Investors can use the EDIS (Electronic Delivery Instruction Slip) service to sell shares if their Power of Attorney has not been filed. This process is essential for legalizing and authenticating the sale of stocks. It only applies to shares that are currently held in your connected DEMAT account and must be completed in a few straightforward steps.
When will my account be credited with the payment of stocks sold?
The payment for the stocks you sell will be directly credited to your bank account linked with TMS on the day after the settlement. Under the T+2 settlement rule, if shares are sold on August1st, the settlement will occur on August 3rd, and the payment will be credited by August 4th.
Note: The T+2 settlement rule applies only on working days. Any public holidays will delay the settlement and, consequently, the payment.
After selling shares, clients must complete the EDIS process, which involves transferring the sold shares to the broker house. The EDIS process includes calculating the WACC, determining the holding period, and transferring the shares.
Here’s the step-by-step process:
1. Log in to your Mero Share account.
2. Navigate to My Purchase Source and calculate the WACC and holding period of the scrip.
3. Click on My EDIS.
4. Select Transfer Shares and click on View Details for the corresponding transaction.
5. Choose all the scrips you wish to transfer.
6. Click Proceed.
7. Finally, tick "I agree" and confirm the transfer.
You have now successfully initiated the request for share transfer.
Step 1: Log in to your TMS account.
Step 2: Navigate to Fund Management.
Step 3: Choose Fund Settlement.
Step 4: Select Buy Information.
Step 5: Mark the Due Amount.
Step 6: Click on Make Settlement.
Step 7: Click Proceed with Payment.
Step 8: Select EOD Pay In.
Step 9: Complete the payment.
How to trade shares online:
1. Log in to your online trading account.
2. Select the shares you want to buy or sell.
3. For buying, choose the quantity and price you wish to purchase at. For selling, select the number of shares you want to sell.
4. Confirm your order details.
5. Execute the trade by clicking on the buy/sell option.
6. Once your order is processed, you will receive a confirmation of the trade.
Step 1: Access the TMS dashboard.
Step 2: Go to Fund Management.
Step 3: Select Collateral Management.
Step 4: Choose Refund Collateral.
Step 5: Enter your Account Number and Amount.
Step 6: Submit the request.
Once you have submitted the request, please notify our accounts department to expedite the refund process.
Step 1: Access the TMS dashboard.
Step 2: Go to the Fund Management section.
Step 3: Select Collateral Management.
Step 4: Click on Load Collateral.
Step 5: Choose your bank, account type, and submit.
You are required to deposit 100% of the collateral for trading, which is refundable. The payment will be deducted from this collateral, and the shares will be credited to your account after the settlement.
This issue typically arises when you change your password more than three times within a short period. To reactivate your account, please contact us at 015970734 or +9779767647661. Alternatively, you can reach us via email at kyc@himalayansecurities.com.
Visit https://tms96.nepsetms.com.np/forgot and enter your correct username and email address to receive the password reset link in your inbox.
To access your TMS account, follow these steps:
1. After your TMS application is verified, you will receive an email around 5:30 p.m. containing a link to reset your password.
2. Click the link in the email and enter your new password.
3. You have 24 hours to reset your password before the link expires.
4. Your username, which consists of numbers, will be provided along with your name in the email.
If your bank account details are invalid, please verify the information and update it accordingly. If the issue persists, contact your bank for assistance.
Opening a broker account is completely free of charge for everyone.
Please provide the following documents:
• DEMAT account confirmation slip (available under Meroshare > My Details > Download PDF)
• A recent passport-sized photo
• A copy of your Citizenship certificate
• Your signature
Please visit the following link: https://tms96.nepsetms.com.np/client-registration and complete all mandatory fields marked with an asterisk (*). After filling out the form, ensure that you upload all the necessary documents as required. Once everything is completed, submit the form. For further assistance or inquiries, kindly contact us at 015970734 or +9779767647661.
A broker account (TMS account) is a trading account that you can open with a brokerage firm (such as Himalayan Securitites Limited ,Broker no. 96). This account allows you to buy and sell securities. It can either be a cash account, where you settle all transactions in full with your own funds, or a margin account, where the broker lends a certain percentage to facilitate the settlement. All transactions are processed through your DEMAT account, with payments handled through your linked bank account.
