Sammaan Finserve Limited (formerly Indiabulls Commercial Credit Limited, Indiabulls Infrastructure Credit Limited) - INE244L07242

Other Financial Institutions

corporate

Coupon Rate
9.00%
Maturity Date
21 Sep 2026
ISIN
INE244L07242copy
Face Value
₹10,00,000
About Issuer
This AA rated bond from Sammaan Finserve Limited (formerly Indiabulls Commercial Credit Limited, Indiabulls Infrastructure Credit Limited), a corporate, offers a Fixed coupon of 9% with maturity on 21 September 2026. Issued through the Private placement as under ISIN INE244L07242, this bond ensures strong credit quality with minimal default risk, making it a dependable option for investors seeking better returns than traditional fixed deposits, without taking on significant risk. Ideal for investors who want stable returns with high credit assurance, while benefiting from a superior yield in a short-to-medium term horizon.
Key Attributes
Rating
CRISIL AA (Stable)
Tax Status
Taxable
Mode of Issue
Public
Private
Collateral Security
Secured
Unsecured
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Yearly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
21 Sep 2021
Remaining Tenure
12M
Security Name
INDIABULLS COMMERCIAL CREDIT LIMITED OPT III 9 LOA 21SP26 FVRS10LAC
Risk Assessment
Credit Rating
Rating
CRISIL AA (Stable)
Date of Rating
31 May 2024
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