This is Part 1 of the NEPSE beginners guide series. The series is aimed to help new investors to learn the basics of investing in Nepal's capital market. Part 1 of this series revolves around the primary market. Part 2 discusses the secondary market in detail. Primary Market Before CDSC launched MeroShare, the process to buy any Initial Public Offering(IPO) was by buying the application form from the company's capital or company and submitting it through the designated offices within the stipulated time with the required information. Though only a few people were aware of this, there used to be a long line of people, after getting their turn waiting for hours in the queue, it was customary to submit a form by depositing a Cheque or amount equal to the amount one applied for. After accepting the form, Capital would send a slip, in which the serial number and all the details of the application were included. It was a long time-consuming and out...
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