Sammaan Capital raises Rs 750 crore through NCDs
The said NCDs are proposed to be listed on NSE and BSE
Sammaan Capital has raised Rs 750 crore through the allotment of 75,000 secured, rated, listed, redeemable, non-convertible debenture (NCDs) of the face value of Rs 1,00,000 each on a private placement basis. The said NCDs are proposed to be listed on NSE and BSE. Tenor of the instrument is 3 years.
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).
