Sammaan Capital has raised Rs 200 crore through the allotment of 20,000 Secured, Rated, Listed, Taxable, Redeemable, Non-Convertible Debentures (NCDs) of face value Rs 1 lakh each, on a private placement basis. The said NCDs are proposed to be listed on NSE and BSE.
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).