Sammaan Capital has raised Rs 50 crore through allotment of 9.75% p.a., 5,000 Secured, Redeemable, Non-Convertible Debentures (NCDs) of face value Rs 1 lakh each on a private placement basis. Maturity of the said NCDs will be on July 23, 2029.
Sammaan Capital (Formerly known as Indiabulls Housing Finance) is the second largest private housing finance company in India, regulated by the National Housing Bank (NHB).