Security Name: 8.85% Sammaan Finserve Limited 28 Mar 2028
ISIN: INE244L08042
Taxable
Tax Category
28 Mar, 2028
Maturity Date
(2 Yr 3 Mo 30 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
₹NaN
Dirty Price
8.85%
Coupon
Fixed Interest
Coupon Basis
9.3394%
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
Sammaan Finserve Limited (formerly Indiabulls Commercial Credit Ltd.), established in July 2006 and headquartered in New Delhi, is an RBI-registered non-deposit-taking NBFC-ICC and a wholly owned subsidiary of Sammaan Capital Ltd. (formerly Indiabulls Housing Finance Ltd.). The company provides LAP and mortgage-backed SME loans and has recently undergone major rebranding aligned with the group’s new identity. In the quarter and half-year ended September 2025, SFL sold its legacy loan book to its parent at fair value on an arm’s-length basis, as part of its strategy to reposition itself as a focused affordable housing financier.
The ratio in FY25 is -0.98x and it was 5.61x in FY24,indicating increase in debt levels, due to FY25 loss was caused by a one-time, high provision of ₹4,145 crore for fair value losses. This large charge severely impacted its earnings.
Debt/EBITDA
The ratio in FY25 is -4.76x and it was 1.75x in FY24, indicating decrease in debt servicing ability, due to the massive loss constrained the growth of the company's net worth.
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
Sammaan Finserve reports standalone net profit of Rs 45.15 crore in the September 2025 quarter
Nov 03, 2025 | 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 |
|---|
| Nov 28,2025 |
| Principal Amount |
|---|
| ₹94,760.2 |
| Accrued Interest |
|---|
| ₹0 |
| Stamp Duty |
|---|
| ₹0 |
| Total Amount Payable |
|---|
| ₹94,760.2 |
| Price |
|---|
| ₹94.7602 |
| Yield |
|---|
| 0% |
| Year | Payment Date | Amount | Amount after TDS | Payout Type |
|---|
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.
similar bonds
11.00% IIFL Samasta Finance Limited 18 May 2030
18 May, 2030
Maturity Date
₹1,00,000
Minimum Qty
INE413U08093
ISIN
Yearly
IP Frequency
11.46%
Yield
₹98.2825
Price
10.50% Nido Home Finance Limited 03 Jul 2029
03 Jul, 2029
Maturity Date
₹1,00,000
Minimum Qty
INE530L07756
ISIN
Yearly
IP Frequency
10.56%
Yield
₹99.6991
Price
8.66% (8.91
22 Jan, 2034
Maturity Date
₹3,00,000
Minimum Qty
INE787H07370
