Company Overview
Sammaan Capital Limited (formerly known as Indiabulls Housing Finance Limited) is a prominent financial institution engaged in providing home loans and other financial services. The company is headquartered in Gurgaon, Haryana, with a registered office in New Delhi. It is listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), operating under the scrip codes 535789, 890192.
Key Announcement: NCD Allotment
The company recently announced the allotment of 14,500 Secured, Rated, Listed, Taxable, Redeemable Non-Convertible Debentures (NCDs), each with a face value of ₹1 lakh, aggregating to ₹145 Crores. The issuance is through a Private Placement, offering an annual coupon rate of 9.75%, with a maturity date set for April 12, 2028.
Impact on the Share Market
The issuance of these debentures has several potential impacts on the stock market:
🔹 Increased Investor Confidence – Issuing secured NCDs reflects the company’s financial stability and creditworthiness.
🔹 Liquidity Attraction – Institutional and retail investors looking for fixed-income investments may find this attractive, leading to better liquidity in related securities.
🔹 Stock Price Influence – Depending on demand, Sammaan Capital’s stock may experience short-term bullish movement.
🔹 Market Stability – The 9.75% yield on these NCDs offers a competitive return, possibly affecting investments in equities and mutual funds.
🔹 Interest Rate Sensitivity – Any changes in RBI’s monetary policies could affect bond yields and investor sentiment.
Investment Details at a Glance
✅ Issue Size: ₹145 Crores
✅ Security Name: 9.75% Sammaan Capital Limited April 2028
✅ Type: Secured, Rated, Listed, Redeemable, Fully Paid-up Debentures
✅ Stock Exchanges: NSE & BSE
✅ Maturity Date: April 12, 2028
✅ Coupon Rate: 9.75% (Annual Payout)
✅ Interest Payment Dates: August 12 (2025, 2026, 2027) & April 12, 2028
✅ Security Cover: Minimum 1.0 times on principal & interest
📢 “A secure investment opportunity with 9.75% annual returns—Sammaan Capital’s latest NCDs could be the perfect addition to your fixed-income portfolio!”
📉 Stock Market Disclaimer
Disclaimer: This post is for informational and educational purposes only and does not constitute financial advice or a recommendation to buy/sell any stock or share. Investing in the stock market involves risk. Past performance is not indicative of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.