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Advantage AxisDirect



ABOUT THE ISSUE


Muthoot Finance Limited caters to gold loan requirements varying from a principle loan amount of Rs. 1500 up to the maximum extent of Rs. 10,000,000 (1 crore).

 


  • Issue Size - Rs. 2,000 Crs.

    Base Issue Rs.200 crore with an option to retain oversubscription up to the Shelf Limit or Rs.2,000 crores.

  • Allotment

    First come first serve basis

  • Minimum Application Size -
    Rs. 10,000

    Or 10 NCDs with face value of Rs.1000 each




COUPON RATE


  • Tenor

    24 months

    Coupon Rate (p.a)

    8.50%

    Interest Frequency

    Annually

  • Tenor

    38 months

    Coupon Rate (p.a)

    8.75%

    Interest Frequency

    Annually

  • Tenor

    60 months

    Coupon Rate (p.a)

    8.75%

    Interest Frequency

    Monthly

  • Tenor

    60 months

    Coupon Rate (p.a)

    9.00%

    Interest Frequency

    Annually



STEPS


  • Step 1

    Log in to your AxisDirect account

  • Step 2

    Under Trading tab, click on IPO/OFS section

  • Step 3

    Click on “Current IPO/FD/OFS” tab

  • Step 4

    Select the relevant issue and click “apply”




Insights

Main Office Address

Unit No. 2, Phoenix Market City,15, LBS Road, Near Kamani Junction, Kurla (West), Mumbai- 400 070.

Email Address

In case of any queries please write to: helpdesk@axisdirect.in

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