SAMMAAN CAPITAL LIMITED

BondsIndia

Opening Date

15 Jul 2025

Closing Date

28 Jul 2025

Yield

UPTO 9.96%

Tenure

UPTO 120 MONTHS

BondsIndia
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SAMMAAN CAPITAL LIMITED

Ongoing IPO

SAMMAAN CAPITAL LIMITED

Opening Date
15 Jul 2025

BondsIndia

Closing Date
28 Jul 2025

bondsindia

Time to close

Yield
UPTO 9.96%

Tenure
UPTO 120 MONTHS

IPO Details

IPO Details

Issue Size (Including Green Shoe Option) 200
Face Value1000
CouponUPTO 9.95%
Minimum Number of Bonds10
Lot Size (Multiplier)1
Allotment Date (Tentative)4 Aug 2025
Listing Date (Tentative)5 Aug 2025
Exchange Bid Time (24 Hours)10:00 to 17:00

Documents attached

Information Memorandum
BondsIndia
Product Note
BondsIndia

*Allotment on first come first serve basis

 

ISSUE STRUCTURE

Series
I
II
III
IV
V
VI
VII
VIII
IX
X
XI
XII
XIII
Nature Of NCDs
Secured Redeemable Non-Convertible Debenture
Who Can Apply
Everyone
Tenure
24 Months
24 Months
24 Months
36 Months
36 Months
36 Months
60 Months
60 Months
60 Months
84 Months
84 Months
120 Months
120 Months
Frequency of Interest payment
YEARLY
MONTHLY
CUMULATIVE
YEARLY
MONTHLY
CUMULATIVE
YEARLY
MONTHLY
MONTHLY
YEARLY
MONTHLY
YEARLY
MONTHLY
Best Coupon Rate (% p.a.) for:
Category 1
8.75 %
8.42 %
-N.A.-
9.00 %
8.65 %
-N.A.-
9.40 %
9.02 %
9.02 %
9.60 %
9.20 %
9.70 %
9.30 %
Category 2
8.75 %
8.42 %
-N.A.-
9.00 %
8.65 %
-N.A.-
9.40 %
9.02 %
9.02 %
9.60 %
9.20 %
9.70 %
9.30 %
Category 3
9.00 %
8.65 %
-N.A.-
9.25 %
8.88 %
-N.A.-
9.65 %
9.25 %
9.25 %
9.85 %
9.45 %
9.95 %
9.55 %
Category 4
9.00 %
8.65 %
-N.A.-
9.25 %
8.88 %
-N.A.-
9.65 %
9.25 %
9.25 %
9.85 %
9.45 %
9.95 %
9.55 %
Effective Yield (% p.a.) for:
Category 1
8.75 %
8.75 %
8.75 %
8.99 %
9.00 %
9.00 %
9.39 %
9.39 %
9.40 %
9.59 %
9.59 %
9.69 %
9.70 %
Category 2
8.75 %
8.75 %
8.75 %
8.99 %
9.00 %
9.00 %
9.39 %
9.39 %
9.40 %
9.59 %
9.59 %
9.69 %
9.70 %
Category 3
9.00 %
9.00 %
9.00 %
9.24 %
9.24 %
9.25 %
9.64 %
9.65 %
9.65 %
9.84 %
9.85 %
9.94 %
9.96 %
Category 4
9.00 %
9.00 %
9.00 %
9.24 %
9.24 %
9.25 %
9.64 %
9.65 %
9.65 %
9.84 %
9.85 %
9.94 %
9.96 %

How to invest in the SAMMAAN CAPITAL LIMITED IPO?

Application process on BondsIndia platform is simple and seamless.

Click on the details of the company on the home page

Fill in the Application form with the basic details such as Name, email address, mobile number, Pan details, bank and Demat details

Then, confirm the quantity and price and select payment method.

That's all folks , bidding complete!

Reach out to on info@bondsindia.com for more questions. Thank you for tuning in with BondsIndia.

Why choose BondsIndia?

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BondsIndia ditches the traditional ways of investing by offering a Technology based platform for investors that ensures instant online settlements and reduces counter-party risks. Choose BondsIndia for its sleek interface, fail-safe communication and step-by-step guide to ensure a well-placed bid. You can apply for Edelweiss Financial Services Limited IPO on BondsIndia's website.

Place your bid in three simple steps:

1

Key in Basic Details

2

Choose the IPO Series

3

Place the bid

How to invest in the
SAMMAAN CAPITAL LIMITED IPO?

Application process on BondsIndia platform is simple and seamless.

  • Click on the details of the company on the home page
  • Fill in the Application form with the basic details such as Name, email address, mobile number, Pan details, bank, and Demat details
  • Then, confirm the quantity and price and select a payment method.
  • That's all folks, bidding complete!

Reach out to on info@bondsindia.com for more questions. Thank you for tuning in with BondsIndia.

SAMMAAN CAPITAL LIMITED SCL is a non deposit taking investment and credit company NBFC ICC registered with the RBI and notified financial institution under SARFAESI. Originally registered as a housing finance company with NHB, SCL predominantly offers housing loans and loans against property to a diverse clientele including salaried individuals, self employed, MSMEs, and corporates, with a focus on long term secured mortgage backed loans. It also offers mortgage loans to real estate developers in India in the form of lease rental discounting for commercial premises and construction finance for residential premises.

As of March 31, 2024, on a standalone basis, housing loans constituted 38.81% and non housing loans 61.19% of the Loan Book, which stood at Rs.46,002.51 crores. SCL operates across 20 states in India with 210 active branches and 1 branch in Dubai and has transitioned to an asset light model since FY 2022, emphasizing co lending and portfolio sell downs. The companys financial metrics for FY 2024 included total income of Rs. 8,624.77 crores and profit of Rs.1,214.39 crores on a consolidated basis.

Strong capitalisation with healthy cover for asset-side risks

Capitalisation is supported by sizeable networth of Rs 21,822 crore as on March 31, 2025, supported by equity raise of Rs 4,939 crore in fiscal 2025 (Rs 3,639 crore in the form of rights issue and Rs 1,300 crore through qualified institutional placement) and healthy internal accrual. While internal accretion to reserve was impacted in fiscal 2025 on the account of one-time high provisions in Sammaan Finserve translating into consolidated loss of Rs 1,807 crore for the fiscal, capital position remains strong.

Comfortable asset quality in retail segment

Sammaan Capital demonstrated a notable improvement in asset quality, with overall gross non-performing assets (GNPAs) reducing to 1.32% as on March 31, 2025, from 2.68% a year earlier. This improvement was primarily driven by a decline in the GNPAs in the mortgage book to 0.90% (from 1.71% as on March 31, 2024), supported by write-offs in legacy book and the company enhanced focus on retail lending with prudent underwriting practices.

Sizeable presence in the retail mortgage finance segment

The company has been realigning its business model towards an asset light portfolio, with focus on retail segments with co-origination and sell-down as the primary strategies and selective wholesale lending. In line with this realignment, post surrendering its housing finance company (HFC) license, the company received its non-banking financial company investment and credit company (NBFC-ICC) license in June 2024.

Successful transition to new business model to be established

In line with recalibration of the companys business model towards a less risky and asset-light framework, Sammaan Capitals disbursements will primarily be in the housing loans and LAP segments (with a potential 60:40 split), with a low proportion of incremental disbursals in the developer finance portfolio.

Susceptibility to asset quality risks arising from the commercial real estate portfolio

Asset-quality risks arising from a sizeable, large-ticket commercial portfolio of Rs 5,217 crore as on March 31, 2025, persist, and could impact the portfolio performance. This portfolio exhibits high concentration (average ticket size of Rs 150 crore), with the top 10 exposures forming 68% of the corporate AUM and having a median rating of B/BB. Thus, even a few large accounts experiencing stress could impact on the overall asset quality.

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