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SAMMAAN FINSERVE LIMITEDSAMMAAN FINSERVE LIMITEDSAMMAAN FINSERVE LIMITED

SAMMAAN FINSERVE LIMITED

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Overview
Analysis

98ICCL26 chart


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Key terms


Outstanding amount
‪2.00 B‬ INR
Face value
1,000.00 INR
Minimum denomination
10,000.00 INR
Coupon
9.80% (Fixed)
Coupon frequency
Monthly
Yield to maturity
28.81%
Maturity date
Apr 25, 2026
Term to maturity
1 year

About SAMMAAN FINSERVE LIMITED


Issuer
Indiabulls Infrastructure Credit Ltd.
Sector
Finance
Industry
Finance/Rental/Leasing
Home page
indiabullscommercialcredit.com
Issue date
Apr 25, 2023
ISIN
INE244L07499
FIGI
BBG01GG44583
Indiabulls Commercial Credit Limited (IBCCL) is a wholly-owned subsidiary of Indiabulls Housing Finance. It is classified as a Non-Deposit taking Systematically Important (ND-SI) Non-Banking Financial Company (NBFC). IBCCL with strong parental support has considerable expertise in mortgage-based financing. SME loans, that IBCCL and IBHFL underwrite are in the lowest risk segment where loans are given out to small businesses. IBCCL emphasizes 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.

98ICCL26 analysis


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