Sammaan Capital allots ₹135 Crore Secured NCDs on Private Placement
This fundraising activity provides significant capital to the company, strengthening its liquidity and supporting its business growth, which is a material but not extraordinary event for an NBFC.
The successful allotment of ₹135 crore through secured NCDs enhances the company's financial resources and provides capital for its operations.
* Sammaan Capital Limited (formerly Indiabulls Housing Finance Limited) has allotted secured, rated, listed, taxable, redeemable, non-convertible debentures (NCDs) with a face value of ₹1,00,000 each. * The issue size aggregates up to ₹135 crore. * The allotment was made on September 29, 2025, on a private placement basis. * These NCDs (ISIN: INE148I07YD3) carry a coupon rate of 9.60% per annum, payable annually and at maturity. * The debentures have a tenor of 9.88 years (re-issuance tenor) and will mature on August 14, 2035. * The NCDs are secured by a charge via hypothecation on the company's financial and non-financial assets (including investments and loan assets), both present and future, on a first pari-passu basis with other secured lenders. * A minimum asset/security cover of 1.1 times the principal amount and interest thereon will be maintained. * In case of default in payment of interest and/or principal, an additional interest of at least 2% p.a. over the coupon rate will be payable by the company for the defaulting period. * The NCDs are proposed to be listed on the National Stock Exchange of India Limited and BSE Limited.
What to do with a filing like this
Sammaan Capital Limited filed this with the NSE as a statutory disclosure, categorised under fundraising. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Sammaan Capital Limited. Read the original for the full detail.