{"id":2884,"date":"2026-03-25T12:22:19","date_gmt":"2026-03-25T12:22:19","guid":{"rendered":"https:\/\/www.swifttech.com.np\/blog\/?p=2884"},"modified":"2026-03-25T12:23:08","modified_gmt":"2026-03-25T12:23:08","slug":"ipo-hunting-vs-wealth-building-are-you-a-lottery-player-or-a-shareholder","status":"publish","type":"post","link":"https:\/\/www.swifttech.com.np\/blog\/ipo-hunting-vs-wealth-building-are-you-a-lottery-player-or-a-shareholder\/","title":{"rendered":"IPO Hunting vs. Wealth Building: Are You a Lottery Player or a Shareholder?\u00a0"},"content":{"rendered":"\n

Smart Money Talks EP 6: “Capital Market”<\/strong> <\/p>\n\n\n\n

Your friend asks\u00a0you,\u00a0\u201cOye, did you apply\u00a0for the\u00a0new Hydropower ko IPO?\u201d\u00a0You say,\u00a0\u201cLah! Chaina!\u00a0Garihalchu! You\u00a0apply\u00a010\u00a0units\u00a0within a few\u00a0seconds,\u00a0and\u00a0a\u00a0few days\u00a0later,\u00a0they’re\u00a0allotted\u00a0to you. You celebrate. But did you\u00a0stop\u00a0thinking about\u00a0whether\u00a0the NPR 1000 was an investment strategy or the most socially acceptable form of splurging?\u00a0<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

This Global Money Week, Smart Money Talks isn’t just about celebrating the allotment. It’s about asking whether applying for 10 units every few months is an investment strategy or just a very exciting habit. <\/p>\n\n\n\n

The IPO Lucky Draw: Fun, But Do the Math<\/strong> <\/h3>\n\n\n\n
\n

According\u00a0to SEBON,\u00a0Nepal now has over 6 million Demat<\/strong> accounts. For a popular IPO, your allotment chance can drop below 10%.\u00a0\u00a0<\/p>\n<\/blockquote>\n\n\n\n

You’re\u00a0not alone in that\u00a0queue;\u00a0you’re\u00a0one of\u00a0millions.\u00a0<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

That doesn’t make IPOs bad. The entry cost is low, the downside is minimal, and the listing gain can be real. But relying solely on IPOs for wealth creation is like relying on a lottery for retirement. It’s a great way to start your portfolio. It’s too small to finish one. <\/p>\n\n\n\n

The secondary market, NEPSE, is where strategy takes over luck<\/strong>. And most young Nepali investors have never seriously looked at it. <\/p>\n\n\n\n

NEPSE: Where Strategy Wins<\/strong> <\/h3>\n\n\n\n

The secondary market is where you buy shares not from a company but from other investors. You choose what you buy, when you buy it, and at what price. There’s no application form, no allotment queue, no waiting. <\/p>\n\n\n\n

And the returns come in two forms. <\/p>\n\n\n\n