# Sammaan Capital (SAMMAANCAP) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/sammaancap

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹132.04
- Change: -1.29%
- As of: 2026-11-06
- 1D return: -1.29%
- 5D return: +13.11%
- 1M return: +3.30%
- Latest complete quarter: fy26_q4

## Faxioms Analysis

_As of 2026-11-06_

### Technical Outlook

As of 2026-11-06, SAMMAANCAP (₹132.04) presents a mixed technical picture defined by short-term resilience against a longer-term downtrend. The stock closed above its daily 20-period EMA and SMA while remaining below the 50-period and 200-period moving averages, with the daily Supertrend still signaling bullish. However, this intraday strength is contradicted by weekly and monthly structures, where price sits below all supplied moving averages and the weekly Supertrend is bearish. Trend conviction remains low across horizons, with the Daily ADX at 23.55 (developing), while Weekly and Monthly ADX values are weak (17.82 and 19.34 respectively). A significant downward gap on 2026-11-06 (-1.3%) highlights immediate downside pressure, contrasting with a high-volume upward move (+6.2%) observed on 2026-11-05. The stock trades in the upper-middle of its 20-day range (+73.6%) but remains deep within its 252-day range (+25.3% from low, -30.5% from high). Annualized volatility stands at +44.3%, and the current drawdown is -30.5%.

- Trend Divergence: Price is above daily 20-period EMAs and Supertrend, but below all weekly/monthly moving averages and the weekly Supertrend, indicating conflicting timeframes.
- Momentum & Volatility: Daily ADX is 23.55 (developing trend), while Weekly (17.82) and Monthly (19.34) ADX levels are weak; annualized volatility is +44.3%.
- Price Structure: Current price ₹132.04 is near the top of the 20-day range (+73.6%) but in the lower half of the yearly range (+25.3% from low); nearest resistance is ₹132.92 (pivot, +0.67%).
- Recent Anomalies: A high-severity downward gap occurred on 2026-11-06 (-1.3%), following an extreme volume-driven upward move (+6.2%) on 2026-11-05.

- Inside Bar
- Harami
- Bearish Engulfing Reversal

### News Context

Sammaan Capital received ₹905.86 crore in fresh capital on October 31, 2026, following the conversion of 8.69 crore warrants by International Holding Company PJSC’s special purpose vehicle, Avenir Investment RSC. The conversion occurred at ₹139 per share, increasing IHC's promoter stake from 28.34% to 33.32%. This corporate action preceded a 6% intraday surge in the stock to an high of ₹136.50 on November 5, 2026, which coincided with broader market rallies driven by US midterm election results and falling crude oil prices. Further warrant conversions by IHC remain possible until September 2027.

- Cash Inflow: Sammaan Capital raised ₹905.86 crore via warrant conversion by IHC's SPV on October 31, 2026.
- Promoter Stake: IHC's holding increased from 28.34% to 33.32% after converting 8.69 crore warrants at ₹139 per share.
- Market Reaction: Shares rose over 6% to ₹136.50 on November 5, aligning with broader Sensex and Nifty gains post-US midterms.
- Future Catalyst: Additional warrant conversions by IHC are permitted through September 2027.

- [Why Sammaan Capital shares jumped 6% amid Sensex, Nifty Thursday rally after US midterm elections results; stock returns](https://www.livemint.com/market/stock-market-news/why-sammaan-capital-shares-jumped-6-amid-sensex-nifty-thursday-rally-after-us-midterm-elections-results-stock-returns-11793856362358.html)
- [IHC converts 8.69 crore warrants into equity shares in Sammaan Capital](https://www.thehindubusinessline.com/companies/ihc-converts-869-crore-warrants-into-equity-shares-in-sammaan-capital/article71648213.ece)

### Fundamentals

Sammaan Capital’s financial trajectory for FY2025-26 is defined by a sharp deterioration in profitability and cash generation, driven primarily by massive impairment charges rather than operational collapse. In Q4 FY2025-26, the company reported a net loss of ₹8,101.41 crore, a stark reversal from the ₹314.08 crore profit in Q3. This decline was precipitated by an 'Impairment On Financial Instruments' charge of ₹2,958.08 crore (up from -₹25.15 crore in Q3) and a sequential drop in income to ₹1,361.32 crore from ₹2,157.87 crore. While finance costs rose to ₹1,678.56 crore, the core issue is the erosion of asset quality reflected in these impairments.

The annual picture reinforces this stress. For the year ended March 2026, Sammaan Capital posted a net loss of ₹7,145 crore against a profit of ₹1,807 crore in the prior year. Revenue contracted from ₹8,676 crore to ₹8,171 crore, and interest expenses surged to ₹5,618 crore. Cash flow dynamics have also shifted negatively; operating cash flow turned deeply negative at -₹7,466 crore in FY2026, compared to a strong positive ₹8,772 crore in FY2025. Despite this, the balance sheet shows increased investments rising to ₹17,518 crore and borrowing increasing to ₹51,853 crore. Shareholding patterns indicate a recent entry of promoters holding 28.34% as of Sep 2026, while FIIs increased their stake to 21.34%. The most critical checkpoint is whether subsequent quarters show stabilization in impairment charges and a return to positive operating cash flows.

- Q4 FY2025-26 Net Loss: ₹8,101.41 crore, driven by a ₹2,958.08 crore impairment charge on financial instruments and a drop in income to ₹1,361.32 crore.
- Annual Profit Reversal: FY2026 net loss of ₹7,145 crore vs. FY2025 profit of ₹1,807 crore; revenue fell 5.8% to ₹8,171 crore.
- Cash Flow Deterioration: Operating cash flow swung to -₹7,466 crore in FY2026 from +₹8,772 crore in FY2025; Free Cash Flow similarly turned negative at -₹7,505 crore.
- Balance Sheet & Ownership: Borrowings rose to ₹51,853 crore; Investments grew to ₹17,518 crore; Promoters hold 28.34% (Sep 2026), FIIs hold 21.34%.

### Bull Case

Sammaan Capital presents a conditional upside case anchored by significant promoter confidence and capital infusion. On November 5, 2026, International Holding Company PJSC’s special purpose vehicle converted 8.69 crore warrants into equity shares at ₹139 per share, injecting ₹905.86 crore in fresh capital. This transaction increased the promoter stake from 28.34% to 33.32%, signaling strong internal conviction in the company's long-term value despite a broader bearish technical trend. The stock rallied over 6% intraday to an high of ₹136.50 following this announcement. While the stock remains under pressure with a year-to-date return of -8.4% and a current drawdown of -30.5%, the daily Supertrend has flipped bullish, and Plus DI (31.7) significantly exceeds Minus DI (18.48), suggesting short-term momentum is shifting upward. Further warrant conversions are possible by September 2027, which could continue to strengthen the promoter holding.

- Promoter stake increased from 28.34% to 33.32% via conversion of 8.69 crore warrants at ₹139/share, bringing in ₹905.86 crore in fresh capital.
- Daily technical indicators show a bullish Supertrend direction with Plus DI (31.7) well above Minus DI (18.48), indicating short-term buying momentum.
- Stock rose over 6% intraday on November 5, 2026, reaching an intraday high of ₹136.50, aligning with the capital infusion news.
- Additional warrant conversions by the promoter are permitted until September 2027, offering potential for further stake consolidation.

- [Why Sammaan Capital shares jumped 6% amid Sensex, Nifty Thursday rally after US midterm elections results; stock returns](https://www.livemint.com/market/stock-market-news/why-sammaan-capital-shares-jumped-6-amid-sensex-nifty-thursday-rally-after-us-midterm-elections-results-stock-returns-11793856362358.html)
- [IHC converts 8.69 crore warrants into equity shares in Sammaan Capital](https://www.thehindubusinessline.com/companies/ihc-converts-869-crore-warrants-into-equity-shares-in-sammaan-capital/article71648213.ece)
- [AS ON DATE : 30-Oct-2026 | PR_AND_PRGRP: 33.32 | PUBLIC_VAL: 65.42 | EMPTR: 1.27 | NDS_REVISED_STATUS: - | SUBMISSION_DT: 04-Nov-2026 | REVISION_DT: -](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1752549_04112026032917_WEB.xml)
- [Record Date Updates |SUBJECT: Record Date Updates](https://nsearchives.nseindia.com/content/debt/WDM/IHFL_04112026185604_SCL_Intimation_Reg_60_7December26to6January27.pdf)

### Bear Case

Sammaan Capital faces significant near-term technical headwinds and has experienced substantial medium-to-long-term underperformance. While the stock saw a brief rally in early November following a ₹905.86 crore capital infusion, the weekly trend remains bearish with negative slope indicators for both the 20-day and 50-day moving averages. The stock is currently trading below its recent high of ₹137.35 and has suffered a year-to-date decline of 8.4%, with a one-year return of -28.7%. Volatility remains elevated at an annualized rate of 44.3%, and the stock is currently in a drawdown of 30.5% from its peak, indicating persistent selling pressure despite the recent promoter stake increase.

- Weekly technical trend is bearish (Supertrend: bearish; SMA 20 slope: -12.38), contrasting with the daily bullish signal and suggesting intermediate-term weakness.
- Stock has declined 28.7% over the past year and 8.4% year-to-date, with current drawdown at -30.5% against a maximum drawdown of -40.7%.
- High volatility persists with annualized volatility at +44.3% and ATR at 4.08%, complicating risk management for retail investors.
- Resistance is immediate at ₹132.92 (pivot) and ₹132.99 (high), levels very close to the current close of ₹132.04, limiting upside momentum.

- [Why Sammaan Capital shares jumped 6% amid Sensex, Nifty Thursday rally after US midterm elections results; stock returns](https://www.livemint.com/market/stock-market-news/why-sammaan-capital-shares-jumped-6-amid-sensex-nifty-thursday-rally-after-us-midterm-elections-results-stock-returns-11793856362358.html)
- [IHC converts 8.69 crore warrants into equity shares in Sammaan Capital](https://www.thehindubusinessline.com/companies/ihc-converts-869-crore-warrants-into-equity-shares-in-sammaan-capital/article71648213.ece)
- [AS ON DATE : 30-Oct-2026 | PR_AND_PRGRP: 33.32 | PUBLIC_VAL: 65.42 | EMPTR: 1.27 | NDS_REVISED_STATUS: - | SUBMISSION_DT: 04-Nov-2026 | REVISION_DT: -](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1752549_04112026032917_WEB.xml)
- [Record Date Updates |SUBJECT: Record Date Updates](https://nsearchives.nseindia.com/content/debt/WDM/IHFL_04112026185604_SCL_Intimation_Reg_60_7December26to6January27.pdf)

### FAQs

**What major capital event occurred in Sammaan Capital recently, and how did it affect the promoter stake?**

On November 5, 2026, International Holding Company PJSC’s special purpose vehicle converted 8.69 crore warrants into equity shares at ₹139 per share, injecting ₹905.86 crore in fresh capital. This transaction increased IHC's promoter stake from 28.34% to 33.32%, as confirmed in filings dated October 30, 2026.

**How has the stock performed over different time horizons, and what is the current price trend?**

As of November 6, 2026, the stock closed at ₹132.04. It has gained +14.8% over the last 10 days but remains down -28.7% over the past year and -8.4% year-to-date. Daily technical indicators show a bullish Supertrend direction with an ADX of 23.55, while the weekly trend remains bearish.

**What are the key support and resistance levels for trading purposes?**

Immediate resistance lies near ₹132.92 (pivot) and ₹132.99 (high), just above the closing price. A higher resistance level is noted at ₹137.35. On the downside, immediate support is found at ₹129.35, with further support levels at ₹125.59 and ₹124.92.

- [Why Sammaan Capital shares jumped 6% amid Sensex, Nifty Thursday rally after US midterm elections results; stock returns](https://www.livemint.com/market/stock-market-news/why-sammaan-capital-shares-jumped-6-amid-sensex-nifty-thursday-rally-after-us-midterm-elections-results-stock-returns-11793856362358.html)
- [IHC converts 8.69 crore warrants into equity shares in Sammaan Capital](https://www.thehindubusinessline.com/companies/ihc-converts-869-crore-warrants-into-equity-shares-in-sammaan-capital/article71648213.ece)
- [AS ON DATE : 30-Oct-2026 | PR_AND_PRGRP: 33.32 | PUBLIC_VAL: 65.42 | EMPTR: 1.27 | NDS_REVISED_STATUS: - | SUBMISSION_DT: 04-Nov-2026 | REVISION_DT: -](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1752549_04112026032917_WEB.xml)
- [Record Date Updates |SUBJECT: Record Date Updates](https://nsearchives.nseindia.com/content/debt/WDM/IHFL_04112026185604_SCL_Intimation_Reg_60_7December26to6January27.pdf)
## Technical analytics

- As of: 2026-11-06
- Daily trend: Weak Uptrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹132.92
- Risk regime: Higher Price Risk

### Support levels
- 125.59125
- 114.60499999999999
- 111

### Resistance levels
- 132.988125
- 147.226875
- 150.2

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | -1.29% |
| return_10 | +14.83% |
| return_1m | -1.76% |
| return_1y | -28.74% |
| return_20 | +3.30% |
| return_3m | -21.04% |
| return_5 | +13.11% |
| return_6m | -11.84% |
| return_since_start | -13.69% |
| return_ytd | -8.44% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | high_risk |
| label | Higher price risk |
| summary | Recent drawdown or price variability is materially high and may lead to larger short-term outcomes. |
| maximum_drawdown | -40.74% |
| annualized_volatility | +44.26% |

## Quarterly financials

- Latest complete quarter: fy26_q4

# Net loss of ₹8,101 crore on large impairment charge and lower income

Sammaan Capital reported a net loss of ₹8,101 crore in Q4 FY2026, a sharp reversal from the prior quarter’s net profit of ₹314 crore. The loss resulted from a massive impairment charge, a steep drop in income, and higher borrowing costs. A tax benefit of ₹1,995 crore partially reduced the pre-tax loss of ₹10,097 crore.

## Profitability Reversal

Profit Before Tax swung from a profit of ₹419 crore in Q3 FY2026 to a loss of ₹10,097 crore in Q4. Net profit followed the same path, moving from ₹314 crore to a loss of ₹8,101 crore. These were the first losses recorded across the five quarters shown, during which quarterly PBT had ranged between ₹419 crore and ₹468 crore.

Total expenses for the quarter, calculated as income minus PBT, were ₹11,458 crore, compared to ₹1,739 crore in Q3. The increase was far larger than the impairment charge alone.

## Impairment Provision Spike

Impairment on Financial Instruments surged to ₹2,958 crore in Q4, compared to a range of a net reversal of ₹25 crore to a charge of ₹466 crore in the preceding three quarters. This charge alone accounted for about 29% of the pre-tax loss.

## Income and Funding Cost Squeeze

Total income fell 37% from the prior quarter to ₹1,361 crore, led by a 26% drop in interest earned to ₹1,105 crore. At the same time, finance costs continued their upward trend, rising 15% to ₹1,679 crore. As a result, net interest income (interest earned minus finance costs) turned deeply negative at -₹574 crore in Q4, compared to a positive ₹42 crore in Q3. This means the company’s core lending operations did not generate enough interest income to cover its own interest expense.

## Tax Benefit

Tax Expense was negative ₹1,995 crore, reducing the net loss. In prior quarters, the company had reported tax expenses between ₹105 crore and ₹134 crore.

## Equity Capital Increase

Paid-up equity share capital rose 41% during the quarter, from ₹163 crore to ₹229 crore, an addition of ₹66 crore.

## Management Commentary

Sammaan Capital Limited successfully closed the early phase of its tender offer for up to U.S.$18 million of its 9.70% Senior Secured Social Bonds due 2027. According to management, the offer was oversubscribed, prompting a scaling factor of ~15.1% for valid tenders received by the July 31, 2026 deadline. Holders who tendered early will receive U.S.$1,035 per U.S.$1,000 principal, plus accrued interest, with settlement scheduled for August 6, 2026. No additional bonds will be accepted beyond the early deadline, and all purchased bonds will be cancelled. Separately, the company certified timely payment of interest on its secured NCDs, reflecting continued compliance with debt obligations.

## Key Takeaway

The quarter marked a sharp departure from Sammaan Capital’s recent profitable performance. A single large impairment provision, combined with falling interest income and rising borrowing costs, produced a net loss that far exceeded quarterly income. The equity capital increase was small relative to the loss. The results highlight significant credit provisions and a mismatch between interest earnings and funding costs during the period.

### Ratios

## Shareholding pattern

- Quarter: FY2027-Q1
- As of: 2026-06-30
- Promoter holding: +28.34%
- FII holding: +19.60%
- DII holding: +7.94%
- Mutual fund holding: +3.95%
- Retail holding: +19.45%
- Promoter pledged: +0.00%

### Major reported shareholders

- Avenir Investment RSC Ltd — +28.34% (Bodies Corporate)
- LIFE INSURANCE CORPORATION OF INDIA — +3.31%
- SOCIETE GENERALE — +2.60%
- BNP PARIBAS FINANCIAL MARKETS — +1.85%
- BLACKROCK GLOBAL FUNDS WORLD FINANCIALS FUND — +1.84%
- Pragati Employee Welfare Trust — +1.36%
- VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND — +1.33%
- VANGUARD EMERGING MARKETS STOCK INDEX FUND, A SERI — +1.26%
- STAR FUNDS S.A., SICAV-SIF - STAR INTERNATIONAL FU — +1.22%
- MORGAN STANLEY ASIA (SINGAPORE) PTE. - ODI — +1.19%

## Official filings

- 2026-11-07 — Generic Announcement: Sammaan Capital Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/IHFL_07112026170850_SCL_Exchange_PP_intimation_57_07112026_YI2.pdf)
- 2026-11-07 — Generic Announcement: Sammaan Capital Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IHFL_07112026171138_SCL_Exchange_PP_intimation_57_07112026_YI2.pdf)
- 2026-11-07 — Generic Announcement: Sammaan Capital Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/IHFL_07112026175507_SCL_Retail_Intimation_57_07112026_QM0.pdf)
- 2026-11-07 — Generic Announcement: Sammaan Capital Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IHFL_07112026175652_SCL_Retail_Intimation_57_07112026_QM0.pdf)
- 2026-11-07 — Generic Announcement: Sammaan Capital Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/IHFL_07112026175507_SCL_Retail_Intimation_57_07112026_QM0.pdf)
- 2026-11-07 — Generic Announcement: Sammaan Capital Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/IHFL_07112026175507_SCL_Retail_Intimation_57_07112026_QM0.pdf)
- 2026-11-07 — Generic Announcement: Sammaan Capital Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/IHFL_07112026175507_SCL_Retail_Intimation_57_07112026_QM0.pdf)
- 2026-11-07 — Generic Announcement: Sammaan Capital Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/IHFL_07112026175507_SCL_Retail_Intimation_57_07112026_QM0.pdf)
- 2026-11-07 — Generic Announcement: Sammaan Capital Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/IHFL_07112026175507_SCL_Retail_Intimation_57_07112026_QM0.pdf)
- 2026-11-07 — Generic Announcement: Sammaan Capital Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/IHFL_07112026175507_SCL_Retail_Intimation_57_07112026_QM0.pdf)
- 2026-11-07 — Generic Announcement: Sammaan Capital Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/IHFL_07112026175507_SCL_Retail_Intimation_57_07112026_QM0.pdf)
- 2026-11-07 — Generic Announcement: Sammaan Capital Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/IHFL_07112026175507_SCL_Retail_Intimation_57_07112026_QM0.pdf)
- 2026-11-07 — Generic Announcement: Sammaan Capital Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/IHFL_07112026175507_SCL_Retail_Intimation_57_07112026_QM0.pdf)
- 2026-11-04 — Shareholding Disclosure: Sammaan Capital Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1752549_04112026032917_WEB.xml)
- 2026-11-04 — Generic Announcement: Sammaan Capital Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/IHFL_04112026185604_SCL_Intimation_Reg_60_7December26to6January27.pdf)
- 2026-11-04 — Generic Announcement: Sammaan Capital Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/IHFL_04112026185604_SCL_Intimation_Reg_60_7December26to6January27.pdf)
- 2026-11-04 — Generic Announcement: Sammaan Capital Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/IHFL_04112026185604_SCL_Intimation_Reg_60_7December26to6January27.pdf)
- 2026-11-04 — Generic Announcement: Sammaan Capital Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/IHFL_04112026185604_SCL_Intimation_Reg_60_7December26to6January27.pdf)
- 2026-11-04 — Generic Announcement: Sammaan Capital Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/IHFL_04112026185604_SCL_Intimation_Reg_60_7December26to6January27.pdf)
- 2026-11-04 — Generic Announcement: Sammaan Capital Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/IHFL_04112026185604_SCL_Intimation_Reg_60_7December26to6January27.pdf)
- 2026-11-04 — Generic Announcement: Sammaan Capital Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/IHFL_04112026185604_SCL_Intimation_Reg_60_7December26to6January27.pdf)
- 2026-11-04 — Generic Announcement: Sammaan Capital Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/IHFL_04112026185604_SCL_Intimation_Reg_60_7December26to6January27.pdf)
- 2026-11-04 — Generic Announcement: Sammaan Capital Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/IHFL_04112026185604_SCL_Intimation_Reg_60_7December26to6January27.pdf)
- 2026-11-04 — Generic Announcement: Sammaan Capital Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/IHFL_04112026185604_SCL_Intimation_Reg_60_7December26to6January27.pdf)
- 2026-11-04 — Generic Announcement: Sammaan Capital Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/IHFL_04112026185604_SCL_Intimation_Reg_60_7December26to6January27.pdf)

## News and market events

- 2026-11-05 — Mint: **Why Sammaan Capital shares jumped 6% amid Sensex, Nifty Thursday rally after US midterm elections results; stock returns** — Sammaan Capital shares rose over 6% to an intraday high of ₹136.50 on November 5, aligning with a broader Indian market rally driven by US midterm election results and falling crude oil prices. The stock's movement coincided with the conversion of 8.69 crore warrants by International Holding Company PJSC’s special purpose vehicle, which increased the promoter's stake by nearly 5 percentage points and brought in ₹905.86 crore in fresh capital. — [Source](https://www.livemint.com/market/stock-market-news/why-sammaan-capital-shares-jumped-6-amid-sensex-nifty-thursday-rally-after-us-midterm-elections-results-stock-returns-11793856362358.html)
- 2026-10-31 — The Hindu: **IHC converts 8.69 crore warrants into equity shares in Sammaan Capital** — Sammaan Capital received ₹905.86 crore in fresh capital after IHC's SPV, Avenir Investment RSC, converted 8.69 crore warrants into equity shares at ₹139 per share. This transaction increased IHC's promoter stake in Sammaan Capital from 28.34% to 33.32%, with further conversions possible by September 2027. — [Source](https://www.thehindubusinessline.com/companies/ihc-converts-869-crore-warrants-into-equity-shares-in-sammaan-capital/article71648213.ece)
- 2026-10-30 — BUSINESSTODAY: **Multibagger bets? HFCL, Inox Wind shares among Arihant's Diwali picks, up to 200% upside seen** — Arihant Capital Markets identified HFCL Ltd, Sammaan Capital Ltd, Sheela Foam Ltd, Texmaco Rail & Engineering Ltd, and Inox Wind Ltd as top Diwali investing ideas, assigning buy ratings and target prices that imply significant upside potential ranging from 99% to 192%. The brokerage cited specific catalysts for each company, including debt restructuring for Sammaan Capital, synergy realization for Sheela Foam, order execution for Texmaco Rail, and margin expansion for Inox Wind. — [Source](https://www.businesstoday.in/markets/stocks/story/multibagger-bets-hfcl-inox-wind-shares-among-arihants-diwali-picks-up-to-200-upside-seen-564733-2026-10-30)
- 2026-10-16 — The Hindu: **SC verdict on YES Bank AT1 bonds brings relief for mutual funds, retail investors** — By reversing the administrator’s 2020 write-down of about ₹8,415 crore in AT1 securities, recovery now looks likely, prompting funds like Nippon India and Kotak Mahindra to pause new subscriptions — [Source](https://www.thehindubusinessline.com/news/sc-verdict-on-yes-bank-at1-bonds-brings-relief-for-mutual-funds-retail-investors/article71592556.ece)
- 2026-09-24 — The Hindu: **Broker’s call: Sammaan Capital (Buy)** — Sammaan Capital receives a BUY rating from Ventura Securities with a target price of ₹377.70, highlighting growth potential and improved asset quality. — [Source](https://www.thehindubusinessline.com/markets/brokers-call-sammaan-capital-buy/article71503707.ece)
- 2026-09-22 — The Hindu: **Karnataka High Court refuses to quash money laundering proceedings against real estate firm Ozone Urbana Infra Developers** — The High Court of Karnataka has refused to quash criminal cases and money-laundering proceedings against Ozone Urbana Infra Developers, a Bengaluru-based builder and developer, and its promoters on allegations of cheating homebuyers by collecting huge advances from them and diverting funds on a large scale for purposes alien to the construction of the promised apartments. — [Source](https://www.thehindu.com/news/national/karnataka/karnataka-high-court-refuses-to-quash-money-laundering-proceedings-against-real-estate-firm-ozone-urbana-infra-developers/article71496345.ece)
- 2026-08-27 — SCROLL.IN: **NCLT clears media baron Subhash Chandra’s Rs 6.5 crore repayment to settle Rs 22,006 crore dues** — Congress said that the write-off granted to the former Rajya Sabha MP makes a ‘mockery’ of the Insolvency and Bankruptcy Code. — [Source](https://scroll.in/latest/1095313/nclt-clears-media-baron-subhash-chandras-rs-6-5-crore-repayment-to-settle-rs-22006-crore-dues)
- 2026-08-27 — Mint: **Subhash Chandra insolvency: How creditors will recover just 3 paise for every ₹100 owed | Explained | Company Business News** — Subhash Chandra insolvency case: The NCLT has approved a repayment plan for Subhash Chandra, offering creditors around ₹6.5 crore against ₹22,006.57 crore in claims. The decision means a nearly 99.97% haircut and raises questions over creditor commercial wisdom. — [Source](https://www.livemint.com/companies/people/subhash-chandra-insolvency-how-creditors-will-recover-just-3-paise-for-every-rs-100-owed-explained-11787835257335.html)
- 2026-08-25 — Mint: **Indiabulls share price hits upper circuit, erases gains after this update on RERA-approved project worth  ₹3,700 crore** — Indiabulls share price witnessed strong volatility in intraday trade on Tuesday, 25 August, with the stock hitting its upper circuit and erasing all gains, after the company offered an update for its Gurugram project. — [Source](https://www.livemint.com/market/stock-market-news/indiabulls-share-price-hits-upper-circuit-erases-gains-after-this-update-on-rera-approved-project-worth-3-700-crore-11787643850339.html)
- 2026-08-22 — Economic Times: **SC gets EOW report finding no direct link between IHFL loans, Gehlaut-linked entities in key cases** — Delhi Police EOW found no direct financial link between Indiabulls Housing Finance loans and investments. The report examined loans disbursed to DLF, Chordia, and Vatika groups. No financial trail connected loan funds to entities associated with former promoter Sameer Gehlaut. All examined loan accounts were fully repaid and subsequently closed. This investigation was conducted following a Supreme Court order. — [Source](https://economictimes.indiatimes.com/news/india/sc-gets-eow-report-finding-no-direct-link-between-ihfl-loans-gehlaut-linked-entities-in-key-cases/articleshow/133425306.cms)
- 2026-08-19 — NEWS.WEBINDIA123.COM: **SC gets EOW report finding no direct link between IHFL loans, Gehlaut-linked entities in key cases** — A Delhi Police Economic Offences Wing (EOW) status report filed before the Supreme Court has said that its investigation so far has not found a direct financial link between loans disbursed by Indiabulls Housing Finance Ltd (IHFL), now known as Sammaan Capital Ltd, and investments made in entities associated with its former promoter Sameer Gehlaut in cases concerning the DLF, Chordia and Vatika groups. — [Source](https://news.webindia123.com/news/articles/india/20260819/4488502.html)
- 2026-08-19 — CNBC-TV18: **RailTel, Chennai Petroleum and other stocks, these are the top movers on Nifty 500 at market open today** — Some Nifty 500 stocks rallied on fresh work orders, rising crude prices and a new government incentive scheme, while others slid at market open. Here's a look at today's top gainers and losers — [Source](https://www.cnbctv18.com/photos/market/nifty-500-top-gainers-losers-market-open-railtel-chennai-petroleum-mahanagar-gas-sammaan-capital-share-price-19972363.htm)
- 2026-08-18 — Mint: **Sammaan Capital says it's a victim, not accused, as SC asks CBI to probe loans | Mint** — Shares of Sammaan Capital, formerly Indiabulls Housing Finance promoted by Gehlaut, fell more than 5% to a near three-month low of ₹145 on the NSE following the Supreme Court’s order, before paring losses to close 2.2% lower at ₹150.23. — [Source](https://www.livemint.com/industry/banking/sammaan-capital-says-its-a-victim-not-accused-as-sc-asks-cbi-to-probe-loans-11787063513230.html)
- 2026-08-18 — LIVELAW.IN: **Supreme Court Orders CBI Probe Into Alleged Financial Irregularities By Indiabulls Housing Finance's Promoters** — The Supreme Court today directed the CBI to probe allegations of financial irregularities levelled against the promotors of Indiabulls Housing Finance Limited (now Sammaan Capital Limited).A bench of... — [Source](https://www.livelaw.in/top-stories/supreme-court-indiabulls-housing-finance-financial-irregularities-cbi-directed-to-probe-allegations-regardless-of-eow-report-546353)
- 2026-08-16 — The Hindu: **Sammaan Capital eyes up to ₹92,000 crore annual disbursements by FY29-FY30** — Sammaan Capital aims for ₹92,000 crore annual disbursements by FY30, expanding its branch network to 1,600 under a growth plan. — [Source](https://www.thehindubusinessline.com/money-and-banking/sammaan-capital-eyes-up-to-92000-crore-annual-disbursements-by-fy29-fy30/article71352733.ece)
- 2026-08-13 — Economic Times: **Karnataka HC quashes ED money laundering case against Sammaan Capital** — The Karnataka High Court has quashed ED money-laundering proceedings against Sammaan Capital, formerly Indiabulls Housing Finance, ruling that the case could not continue after its underlying predicate offences ceased to sustain the allegations. — [Source](https://economictimes.indiatimes.com/news/india/karnataka-hc-quashes-ed-money-laundering-case-against-sammaan-capital/articleshow/133216346.cms)
- 2026-08-13 — CNBC-TV18: **Stocks to Watch for August 14: Tata Motors PV, LG Electronics, Honasa Consumer, Max Fin Services and more** — From Honasa Consumer reporting a 118.4% year-on-year rise in net profit to Birla Estates entering Navi Mumbai’s redevelopment market with a Vashi housing project, these are the stocks to track ahead of Friday’s trading session. Investors will also watch Borosil, Cochin Shipyard and CSM Technologies, which are scheduled to announce their June-quarter results tomorrow. — [Source](https://www.cnbctv18.com/photos/market/stocks-to-watch-for-august-14-tata-motors-pv-lg-electronics-honasa-consumer-max-fin-services-and-more-19968900.htm)
- 2026-08-13 — CNBC-TV18: **Sammaan Capital Q1 profit falls 27% as revenue drops; first full quarter under IHC** — Sammaan Capital reported a 32% fall in quarterly revenue as the NBFC undergoes a loan-book overhaul following Abu Dhabi-based IHC's ₹8,850 crore investment. — [Source](https://www.cnbctv18.com/market/earnings/sammaan-capital-share-price-q1-results-net-profit-falls-27-pc-yoy-to-rs-243-cr-19968880.htm)
- 2026-08-06 — CNBC-TV18: **Tata Sons still an upper layer NBFC on RBI list** — Inclusion of Tata Sons Private Limited in the list of NBFC-UL is without prejudice to the outcome of its application for de-registration, which is under examination, says RBI. — [Source](https://www.cnbctv18.com/market/stocks/tata-sons-still-an-upper-layer-nbfc-on-rbi-list-19963393.htm)
- 2026-07-20 — CNBC-TV18: **Sammaan Capital board clears up to $18 million buyback of 2027 social bonds** — The company said the tender offer forms part of its ongoing structured liability management programme aimed at actively rebalancing its outstanding obligations, improving maturity alignment and benefiting from a structurally declining cost of funds. — [Source](https://www.cnbctv18.com/market/stocks/sammaan-capital-share-price-board-clears-up-to-18-million-buyback-of-2027-social-bonds-19949723.htm)

## Business profile

**Strategic vision:** Provides mortgage and business loans in India.

### Business segments
- **Home Loans:** Finances residential property purchases for individuals.
- **Loan Against Property:** Enables individuals and businesses to unlock funds by leveraging existing property.
- **Home Renovation Loans:** Supports customers in upgrading and improving their homes.
- **MSME and Small Business Loans:** Extends loans to Micro, Small, and Medium Enterprises (MSMEs) and small businesses for working capital needs.

### Competitive strengths
- Focus on the affordable housing segment.

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## Freshness and sources

- Data as of: 2026-11-06
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/sammaancap
Markdown representation: https://faxioms.com/stocks/sammaancap?render=md