Archive · 14 Jun 2025
Sammaan Capital to Redeem NCDs Maturing by September 2025
Imagine a company, Sammaan Capital, wants to pay back some of its debts early.
They're offering to buy back bonds (IOUs) that they issued to investors.
These bonds were supposed to mature by September 30, 2025.
The company has extra money because they recently raised funds and because it's now easier and cheaper to get money from the banks.
The company's decision is based on a positive financial climate thanks to government actions, allowing Sammaan Capital to get funding at lower costs.
Sammaan Capital manages about ₹62,346 crore in assets, including different kinds of loans.
Sammaan Capital will offer premature redemption of NCDs.
The offer is for NCDs maturing until September 30, 2025.
The company will use its bolstered liquidity buffer for the purchase.
Improved domestic liquidity and RBI's policy support are cited.
Sammaan Capital's consolidated AUM reached ₹62,346 crore by March 2025.
- Who
- Sammaan Capital Ltd (formerly Indiabulls Housing Finance Ltd) is making the offer to its debenture holders.
- What
- Sammaan Capital is offering premature redemption of non-convertible debentures (NCDs).
- When
- The offer applies to NCDs maturing until September 30, 2025.
- Where
- Not explicitly stated.
- Why
- Due to improved domestic liquidity and the availability of funding at lower costs.
- Company
- Sammaan Capital Ltd
- Action
- Premature redemption of NCDs
- NCD Maturity Date
- September 30, 2025
- AUM (March 2025)
- ₹62,346 crore
- Source of Liquidity
- Fundraising via NCDs and equity