Security Name: 8.85% Sammaan Finserve Limited 28 Mar 2028
ISIN: INE244L08042
Taxable
Tax Category
28 Mar, 2028
Maturity Date
(2 Yr 6 Mo 7 D to mature)
Yearly
Interest Payment Frequency
Yes
NRI Eligibility
28 Mar, 2018
Allotment Date
NA
Put Date
28 Mar, 2026
Next Interest Payment Date
15 days
Shut Period
Both
Active on NSDL/CDSL
Non-Guaranteed
Type of Guarantee
No
Perpetual
Private Placement
Mode of Issue
Listed
Listing Details
Non Public Sector Undertaking
Type of Issuer
Quote Not Available
Dirty Price
8.85%
Coupon
Fixed Interest
Coupon Basis
Quote Not Available
Current Yield
13 Mar, 2026
Record Date
YOUR EARNING
Your Investment
Final Payout
₹0
Error Generating Cashflow 😥. We are looking into this.
*All Interest Payments will be subject to TDS (Not Applicable on Government Securities and Tax Free Bonds)
YOUR RISK
Repayment Priority
Higher the level, higher the priority of investment repayment on default
Security with Collateral?
An investment secured with collateral helps
ISSUER
Sammaan Finserve Limited
Indiabulls Commercial Credit Ltd. (IBCCL), incorporated in 2006, and is classified as a Non-Deposit taking Systematically Important NBFC. IBCCL with strong parental support has considerable expertise in mortgage-based financing. It emphasizes on self-occupied residential properties for collateral, appraising loans which are verified as per cash-flow; and most importantly, loans meant for productive business deployment which has to be demonstrated at the time of loan appraisal - all of which is aimed to help small business owners further their business plans.
The ratio in FY24 is 5.61x and it was 4.38x in FY23, indicating increase in debt levels, due to increase in the borrowings in FY24.
Debt/EBITDA
The ratio in FY24 is 1.75x and it was 1.83x in FY23, indicating decrease in debt servicing ability, due to decrease in profitability in FY24.
Interest coverage ratio
Recent News
Indiabulls Commercial Credit Ltd acquires south Delhi property for Rs 60 crores.
Apr 10, 2024 | Sammaan Finserve Limited
Lakshmi Vilas-Indiabulls bank merger hits snag
Apr 10, 2024 | Sammaan Finserve Limited
Related Videos
Taxation
The Complex Terrain of Tax Implications for Fixed-Income Investments!
Principal Repayment Schedule
Understanding the Payback: The Essentials of Principal Repayment
STEPS TO BUY THIS BOND
Information required for KYC
PAN Card
Bank Account Proof
Aadhaar Card
Demat Account Proof
How to exit the investment?
To know more about the Bond and the issuer, download the Information Memorandum.
To read about the reasons for the ratings assigned to the Bond, download the Rating Rationale.
Clean Price
Yield (YTM)
Principal Amount
Accrued Interest from
Select the number of units below
BOND VALUE DETAILS
Face Value
Market Value
Stamp Duty
Select a Settlement Date:
Total Investment
| Cashflow for INE244L08042 |
|---|
| Disclaimer: The actual dates and interest amounts can vary depending on Bank closures, holidays etc. Tax Deducted at Source (TDS) is applicable on interest receivable based on relevant tax regulations. You can avail TDS credit while filing your Income Tax Return (ITR). |
|---|
| Security Name |
|---|
| 8.85% Sammaan Finserve Limited 28 Mar 2028 |
| Credit Rating |
|---|
| AA- Stable by CARE AA Stable by CRISIL |
| Coupon Frequency |
|---|
| Yearly |
| Face Value |
|---|
| ₹1,00,000 |
| Coupon |
|---|
| 8.850000% |
| YTM or YTC |
|---|
| YTM |
| Maturity Date |
|---|
| 28/03/2028 |
| Security |
|---|
| Unsecured Subordinated Tier 2 |
| No. of Bonds |
|---|
| 1 |
| Settlement Date |
|---|
| Principal Amount |
|---|
| ₹NaN |
| Accrued Interest |
|---|
| ₹0 |
| Stamp Duty |
|---|
| ₹0 |
| Total Amount Payable |
|---|
| ₹NaN |
| Price |
|---|
| ₹NaN |
| Yield |
|---|
| % |
| Year | Payment Date | Amount | Amount after TDS | Payout Type |
|---|
Quote Not Available for purchase
Disclaimer: Investments in Debt Securities/ Municipal Debt Securities/ Securitised Debt Instruments are subject to risks including delay and/ or default in payment. Read all the Offer Related documents carefully.
Source: Issuer website, Rating Rationale, Issuer Annual Report, Information Memorandum and News from Google.
