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As on : 29-Aug-2025
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29-Aug-2025     10:05

Sammaan Capital rises on $300 million bond issuance

The bonds were issued in compliance with Regulation S and Rule 144A of the U.S. Securities Act, 1933 along with applicable Indian laws. Of the total issue, $16.7 million was raised under Rule 144A and $283.3 million under Regulation S, taking the aggregate size to $300 million.

The company said that the bonds are expected to be listed on the Global Securities Market of the India International Exchange (IFSC).

Sammaan Capital, formerly known as Indiabulls Housing Finance, is engaged in the housing finance and mortgage-backed lending business.

On a consolidated basis, the company's net profit rose 2.31% to Rs 334.30 crore on 7.74% increase in total income to Rs 2,409.43 crore in Q1 June 2025 over Q1 June 2024.

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