How does Auto Apply work?

Auto Apply is a LaganiLabs PRO feature that monitors NEPSE for new IPO openings and automatically submits an application from your connected MeroShare accounts — without any action needed from you. Applications are submitted within minutes of an IPO opening, giving you maximum time priority in the queue.

LaganiLabs monitors the MeroShare API for new IPO listings 24 hours a day. When a new IPO appears in the system:

• LaganiLabs detects the opening and validates eligibility for each of your connected accounts
• For eligible accounts, it prepares an application using your saved preferences (bank account, number of units)
• The application is submitted directly to MeroShare on your behalf
• You receive a push notification confirming each successful submission

The entire process takes less than 2 minutes from IPO open to application submitted.

To configure Auto Apply, go to Settings > Auto Apply and set:

• Default ASBA bank account — which account to debit for the application
• Units to apply — how many units per application (minimum 10 for most IPOs)
• Spending cap (optional) — a maximum amount per IPO as a safety limit
• Accounts to include — choose which connected MeroShare accounts should auto-apply

You can also exclude specific IPOs by type (e.g. rights shares, FPOs) if you only want to apply to new company listings.

No. Auto Apply runs on LaganiLabs' secure backend infrastructure, not on your device. As long as you have enabled Auto Apply in Settings and your credentials are stored in the app, submissions will happen even if your phone is off, in airplane mode, or out of battery.

Yes. Your credentials are encrypted on-device and are only used locally to authenticate with MeroShare. LaganiLabs never stores your MeroShare password on its servers. Auto Apply only performs actions you have pre-authorized in Settings — it cannot withdraw funds, transfer shares, or take any other action beyond IPO applications.

If Auto Apply cannot submit an application — due to insufficient balance, ineligibility, or a MeroShare API error — you will receive a failure notification with the reason. You can then manually apply if the IPO is still open. All attempts (successful and failed) are logged in Application History.