Fixed Alpha
AA+

What do these ratings mean?

Credit ratings assigned by SEBI-registered agencies such as CRISIL, ICRA and CARE.

Sovereign BondsSOVEREIGN
These securities are the safest investments, backed by governments with a strong ability to meet financial obligations.
Highest SafetyAAA
Securities with this rating are considered to have the highest degree of safety regarding timely servicing of financial obligations. Such securities carry lowest credit risk.
High SafetyAA+AAAA-
Securities with this rating are considered to have high degree of safety regarding timely servicing of financial obligations. Such securities carry very low credit risk.
Adequate SafetyA+AA-
Securities with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligations. Such securities carry low credit risk.
Moderate SafetyBBB+BBBBBB-
Securities with this rating are considered to have moderate degree of safety regarding timely servicing of financial obligations. Such securities carry moderate credit risk.
Moderate RiskBB+BBBB-
Securities with this rating are considered to have moderate risk of default regarding timely servicing of financial obligations.
Moderate High RiskB+BB-
Securities with this rating are considered to have high risk of default regarding timely servicing of financial obligations.
Very High RiskCCC+CCCCCC-CC+CCCC-C+CC-
Securities with this rating are considered to have very high risk of default regarding timely servicing of financial obligations.
DefaultD
Securities with this rating are in default or are expected to be in default soon.

Sammaan Finserve Limited

INE244L07523· Listed on NSE & BSE

15.39%

Yield

Tenure

1Y 7M 10D

Maturity Date

25 Apr 2028

Coupon Frequency

Monthly

Face Value

₹400

Nature

Secured

Coupon Rate

10.03%

About the Issuer

Sammaan Capital Limited (SCL), formerly Indiabulls Housing Finance Limited, is a listed non-banking financial company (NBFC-ICC) and the holding company of the Sammaan Group. The company primarily provides housing loans and loans against property (LAP)/MSME loans, while its wholly owned subsidiary, Sammaan Finserve Limited (SFL), is an RBI-registered systemically important NBFC that historically focused on SME and mortgage lending and is being repositioned as the group's platform for non-lending financial services. SCL is backed by International Holding Company, a leading Abu Dhabi-based investment holding company promoted by the Royal Group, the family office of Abu Dhabi's ruling family. Upon completion of its committed investment, IHC will become the promoter and majority shareholder of SCL, positioning the company as the IHC Group's flagship financial services platform in India. SCL benefits from the strong parentage, financial strength and global reach of IHC, which provides access to long-term capital, enhanced financial flexibility and robust corporate governance. The company's established lending franchise, pan-India presence and strategic importance within IHC's India-focused financial services platform support its long-term growth prospects.

Coupon ladder

Payment schedule of interest and principal

May '23Coupon

₹8

Jun '23Coupon

₹9

Jul '23Coupon

₹8

Aug '23Coupon

₹9

Sep '23Coupon

₹9

Oct '23Coupon

₹8

Nov '23Coupon

₹9

Dec '23Coupon

₹8

Jan '24Coupon

₹9

Feb '24Coupon

₹9

Mar '24Coupon

₹8

Apr '24Coupon + Principal

₹209

May '24Coupon

₹7

Jun '24Coupon

₹7

Jul '24Coupon

₹7

Aug '24Coupon

₹7

Sep '24Coupon

₹7

Oct '24Coupon

₹7

Nov '24Coupon

₹7

Dec '24Coupon

₹7

Jan '25Coupon

₹7

Feb '25Coupon

₹7

Mar '25Coupon

₹6

Apr '25Coupon + Principal

₹207

May '25Coupon

₹5

Jun '25Coupon

₹5

Jul '25Coupon

₹5

Aug '25Coupon

₹5

Sep '25Coupon

₹5

Oct '25Coupon

₹5

Nov '25Coupon

₹5

Dec '25Coupon

₹5

Jan '26Coupon

₹5

Feb '26Coupon

₹5

Mar '26Coupon

₹5

Apr '26Coupon + Principal

₹205

May '26Coupon

₹3

Jun '26Coupon

₹3

Jul '26Coupon

₹3

Aug '26Coupon

₹3

Sep '26Coupon

₹3

Oct '26Coupon

₹3

Nov '26Coupon

₹3

Dec '26Coupon

₹3

Jan '27Coupon

₹3

Feb '27Coupon

₹3

Mar '27Coupon

₹3

Apr '27Coupon + Principal

₹203

May '27Coupon

₹2

Jun '27Coupon

₹2

Jul '27Coupon

₹2

Aug '27Coupon

₹2

Sep '27Coupon

₹2

Oct '27Coupon

₹2

Nov '27Coupon

₹2

Dec '27Coupon

₹2

Jan '28Coupon

₹2

Feb '28Coupon

₹2

Mar '28Coupon

₹2

Apr '28Coupon + Principal

₹202

Bond Trading History

Trading history isn’t available for this instrument yet.

Data as of 16-Sep-2026

How to invest in this bond

Sammaan Finserve Limited

Login to your existing Equity broker (Eg. Zerodha, ICICI Direct) and purchase bonds from BSE/NSE just like equity using the following steps:

  1. Search for this specific bond. Copy its ISIN and enter in the Search bar of your broker app.INE244L07523If that does not work, try its BSE or NSE scrip code:BSE938512NSE15253
  2. Enter the quantity required.
  3. Enter following Price:₹381.49This is the Price at which you will earn Fixed Returns (Yield) of 15.39% if you hold the bond till maturity. If you enter a different price, then your returns will differ.
  4. Fund your wallet and place the order.
  5. Once the transaction is successful, bonds will get credited to your demat account next day (T+1) like equities.
  6. Interest and Principal will get directly deposited to your bank account linked with your Demat.