Company Overview - Sammaan Capital

Key Highlights:

• Sammaan is a leading Pan India NBFC with extensive reach the country, enabling efficient loan processing and customer management.
• Experienced Board and Senior Management, with diverse expertise in banking, legal, and finance
• As in FY'25, the company had an AUM of INR 42,932.18 crore and a Net worth of INR 22,792.43 crore.
• Healthy capital adequacy ratio of 29.67% and net NPA of 1.10% as in FY'25

Overview:

Sammaan Capital Limited (SCL) was incorporated in 2005, previously known as Indiabulls Housing Finance Limited (IBHFL), it operated as an HFC registered with National Housing Bank (NHB). In June 2024, the company received a new CoR as an NBFC-ICC from the RBI. SCL provides HLs and LAP/MSME loans. As on September 30, 2024, its standalone AUM stood at Rs. 49,450 crores with 34.36% in housing loans and 65.64% in non-housing loans.

Over the last few years, the company shifted its focus towards an asset-light business model. It had co-lending partnerships with 10 banks as on September 30, 2024, and plans to increase the same to 12 by March 2025. These partnerships would largely be with mid-sized public and private sector banks. The company has a presence in major Indian states/Union Territories (especially Maharashtra, Delhi and Uttar Pradesh) with over 200 branches.

Management:

Mr. Gagan Banga (Vice- Chairman, Managing Director)

Mr. Gagan Banga is the Vice Chairman and Managing Director and Chief Executive Officer of Sammaan Capital Limited (SCL). He holds an MBA in Marketing from Goa Institute of Management. Mr. Banga joined Indiabulls in 2000 and has been with the company for over 23 years and had a challenging and successful career across various businesses and roles and has been a key driver of the success story of Sammaan Capital Limited. Mr. Banga believes meticulous planning is the key to success. His focus on customer service, financial discipline including Asset Liability Management has paved the path for efficient transformation of the company from a promoter driven to a professionally managed company. Since, 2004 as the CEO of Indiabulls Housing Finance Limited he has been instrumental in growing the company to one of the largest HFCs in the country. Under Gagan’s leadership Sammaan Capital Limited today is a lender of considerable size, repute and has a presence in asset classes such as Home Loans, Loans Against Property and Corporate Mortgage Loans.

Mr. Sachin Chaudhary (Chief Operating Officer)

Mr. Sachin Chaudhary is the Executive Director & Chief Operating Officer of Sammaan Capital Limited (SCL), which was formerly known as Indiabulls Housing Finance Limited. Having joined in 2006, he has been keying to Sammaan Capital Limited’s growth and expansion. Mr. Chaudhary has vast experience of over 25 years in the mortgage industry, working with leading banks, NBFCs, and housing finance companies. He has a strong background in the credit function and has demonstrated performance in roles spanning from Credit Manager to National Credit Head. Prior to joining Sammaan Capital Limited, Sachin's career included positions at industry heavyweights such as ICICI Bank, Dewan Housing Finance Limited, and GE Money. Sachin was part of the launch of Home Loans at ICICI Bank in 2000 and was instrumental in setting up ICICI Bank’s Home Loans business in Punjab, Haryana, Himachal Pradesh, and Chandigarh. Sachin holds an MBA degree with a specialization in Finance.

Mr. Mukesh Garg (Chief Financial Officer)

Mr. Mukesh Garg has been the Chief Financial Officer of SCL for over 16 years and has over 35 years of industry experience. He is responsible for the overall financial and business planning, performance monitoring, financial forecasting and analysis, taxation and cash flow management. He is also involved in process improvement and formulation of standard operating procedures, result declaration and auditing of balance sheet, governance and control issues ensuring statutory compliance. Prior to Sammaan Capital Limited he was with Bharti Group as their Chief Financial Officer for Bharti Telesoft Limited. He holds a Bachelor of Commerce degree from Delhi University and has a Chartered Accountant and Company Secretary Qualification.

Key Financials- FY25:

All figures in INR crore

Lenders:

The prominent lenders in Samman Capital include:

Banks:

·       State Bank of India

·       HDFC Bank

·       Indian Bank

·       IDBI Bank

Equity

·       Life Insurance Corporation of India

·       Inuus Infrastructure Private Limited

·       Plutus Wealth Management LLP

Explore corporate bonds below for Sammaan Capital

Above mentioned corporate bond details are as of Date: 20.08.2025.

Disclaimer:

Investments in debt securities/municipal debt securities/securitized debt instruments are subject to risks including delay and/or default in payment. Read all the offer-related documents carefully.