Demat account
A demat (dematerialised) account holds your shares electronically, the way a bank account holds money. You open it with a depository participant, usually a bank, broker or capital market company, and it is where every allotted share lands.
BOID: Beneficial Owner ID
Your BOID is the 16-digit number that identifies your demat account. The first eight digits identify your DP and the last eight identify you. It is the number you use to check an IPO result.
You can find it in MeroShare under My Details and on statements from your DP.
DP: depository participant
The DP is the institution that opened your demat account. MeroShare asks you to choose it on the login screen, before your username and password.
CRN: customer registration number
The CRN is issued by the bank linked to your demat account and lets the bank block funds for your application. It is not your BOID and it is not issued by your DP. If you do not have one, ask your bank.
Transaction PIN
The transaction PIN is a 4-digit code set in MeroShare that confirms an application. It is separate from your login password. Reset it before an issue opens, not during.
Which one do you need, and when?
- Logging in to MeroShare: DP, username and password.
- Applying for an issue: bank, CRN, kitta and transaction PIN.
- Checking a result: the company and your BOID.
SajiloShare stores them once, on your phone, so you enter each number one time instead of once per issue.
Do all of this in one app
SajiloShare stores each MeroShare account once, applies for all of them in one run, checks every result together and shows your portfolio after charges and tax. Free on Android and iPhone.