Sammaan Capital Ltd

Accordingly, the company would issue fixed rate, senior secured social notes denominated in US dollars. The coupon would be paid semi-annually. The notes would be issued in denomination of $200,000 and, in excess thereof, integral multiples of $1,000. The company's present S it would maintain a security coverage ratio of alteast 1.1; and the total secured loans under its loan book shall not be less than 85% of its total loans under its loan book. Sammaan Capital is registered as a non-banking financial company-investment and credit company (NBFC-ICC) with the Reserve Bank of India (RBI). Sammaan provides home loans (HLs) and loan against property (LAP)/micro, small & medium enterprise (MSME) loans. The company had reported a consolidated net profit of Rs 302 crore in Q3 FY25 as compared with the PAT of Rs 302 crore in Q3 FY24. Total income fell by 8.73% YoY to Rs 20.19 crore during the period under review. Powered by Capital Market - Live

Sammaan Capital has approved issuance of foreign currency denominated bonds (Fixed Rate, Senior Secured Social US$ Notes) by the company and the preliminary offering circular in relation to the issue on 24 March 2025. Powered by Capital Market - Live

Sammaan Capital has approved the public issue of secured, redeemable, non-convertible debentures of face value of Rs 1,000 each (NCDs) for an amount up to Rs 100 crore (Base Issue Size) with an option to retain oversubscription up to Rs 200 crore, aggregating up to Rs 300 crore (Tranche III Issue Size) (Tranche III Issue), which is within the shelf limit of Rs 2,000 crore. Powered by Capital Market - Live

Net profit of Sammaan Capital declined 0.06% to Rs 302.44 crore in the quarter ended December 2024 as against Rs 302.61 crore during the previous quarter ended December 2023. Sales declined 5.89% to Rs 2016.52 crore in the quarter ended December 2024 as against Rs 2142.65 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales2016.522142.65 -6 OPM %80.7377.67 - PBDT436.92421.65 4 PBT417.25399.02 5 NP302.44302.61 0 Powered by Capital Market - Live

Sammaan Capital will hold a meeting of the Board of Directors of the Company on 11 February 2025.Powered by Capital Market - Live

Sammaan Capital has allotted 4,900 Secured, Rated, Listed, Taxable, Redeemable, Non-Convertible Debentures of face value Rs. 1 lakh each, aggregating to Rs. 49 crore, on a private placement basis on 28 January 2025. Powered by Capital Market - Live

Sammaan Capital has allotted 20,000 Secured, Rated, Listed, Taxable, Redeemable, Non-Convertible Debentures of face value Rs. 1 lakh each, aggregating to Rs. 200 crore, on a private placement basis on 14 January 2025. Powered by Capital Market - Live

Sammaan Capital has approved the allotment of 16,52,622 NCDs for cash at par, aggregating to Rs 165,26,22,000/- on public issue basis.Powered by Capital Market - Live

Sammaan Capital announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 3 January 2025.Powered by Capital Market - Live

The proposal is subject to receipt of necessary approvals, if and to the extent required, stated the firm. For seeking approval of the shareholders of the company for the aforesaid issuance of equity shares, an extra ordinary general meeting will be held on Friday, January 3, 2025, through video conferencing/other audit visual means. Sammaan Capital (formerly known as Indiabulls Housing Finance) is a housing finance company regulated by the National Housing Bank (NHB). The company offers competitively priced home loans in the affordable housing segment. The housing finance company reported consolidated net loss of Rs 2,760.72 crore in Q2 FY25 as against net profit of Rs 297.98 crore in Q2 FY24. Total income rose 8.2% YoY to Rs 2,425.17 crore in the September 2024 quarter. Shares of Sammaan Capital slipped 2.06% to Rs 164.35 on the BSE.Powered by Capital Market - Live