Sammaan Capital Ltd. News and Updates

Keep track of all breaking news on Sammaan Capital Ltd. from all sources in a single place.

25 Jul 2024

131.60

1.50%

CCI junks complaint against Indiabulls Housing Finance, 19 officials

Business Standard

Competition watchdog CCI has dismissed a complaint against Indiabulls Housing Finance and 19 officials, including MD and Chairman, alleging that the firm abused its position through misleading advertisements while offering loans against property at favourable interest rates. Dismissing the complaint, the regulator in an order on Monday said, "the Commission is of the view that prima facie there is no competition concern arising in the present matter under the provisions of Section 3 and Section 4 of the Act and therefore, the matter is directed to be closed forthwith". While Section 4 of the Competition Act deals with the abuse of dominant position, Section 3 pertains to anti-competition agreement. The Competition Commission of India (CCI) observed that the market appears to be competitive with the presence of large number of banks and non-banking financial companies and housing finance firms and thus, dominance of Indiabulls Housing is not established in the relevant market. The .

Sammaan Capital Ltd. is trading above its 150 day SMA of 130.4

Sammaan Capital Ltd.

04 Jul 2024

131.60

1.50%

Indiabulls Housing Finance's name changed to Sammaan Capital

Business Line

The name change follows its transformation into a board-run and diversely-held financial institution, from being a promoter-led and promoter-driven lender

Sammaan Capital Ltd. is trading above its 150 day SMA of 130.4

Sammaan Capital Ltd.

24 May 2024

131.60

1.50%

Indiabulls Housing Finance Q4 Results: Profit Up 21% To Rs 319 Crore

NDTV Profit

The mortagage firm had reported a net profit of Rs 263 crore in the year-ago period.

Sammaan Capital Ltd. is trading above its 150 day SMA of 130.4

Sammaan Capital Ltd.

27 Mar 2024

131.60

1.50%

Indiabulls Housing raises $350 million via dollar social bonds at 9.7%

Business Line

The proceeds from this bond issue will be utilised for onward lending

Sammaan Capital Ltd. is trading below its 200 day SMA of 135.6

Indiabulls Housing Finance accepts bids for dollar bonds, bankers say

Moneycontrol | 27 Mar 2024

Sammaan Capital Ltd.

11 Mar 2024

131.60

1.50%

By FY26 end, expect to disburse Rs 3,000 crore a month; ROE at 15% by FY27: Gagan Banga, Indiabulls Housing Finance

Economic Times

Gagan Banga, VC & MD of Indiabulls Housing Finance, aims to disburse Rs 2,000 crore by FY25 and Rs 3,000 crore by FY26. The company has raised growth capital, reduced debt, and maintained stable asset quality while targeting an ROA of 3% and focusing on the favorable housing market in India.

Sammaan Capital Ltd.'s price crossed above 50Day SMA today

Sammaan Capital Ltd.

24 Feb 2024

131.60

1.50%

Indiabulls Housing Finance rights issue lists at Rs 92/share

Economic Times

The intrinsic value of the partly paid shares is calculated by subtracting the pending instalment payment from the Thursday closing price of Indiabulls Housing Finance, resulting in the value of 88.75. The closing price of Indiabulls Housing on Thursday was 188.75, and the instalment to be paid is 100 per share.

Sammaan Capital Ltd.'s price crossed above 50Day SMA today

Sammaan Capital Ltd.

14 Feb 2024

131.60

1.50%

Indiabulls Housing Finance Results Earnings Call for Q3FY24

Conference Call with Indiabulls Housing Finance Management and Analysts on Q3FY24 Performance and Outlook. Listen to the full earnings transcript.

audio

Sammaan Capital Ltd.

07 Feb 2024

131.60

1.50%

Indiabulls Housing Finance Rights Issue: All You Need To Know

NDTV Profit

The company will issue over 24.62 crore shares on a rights basis at fixed issue price of Rs 150 apiece. Eligible shareholders will get one share for every two shares held by them.