Indiabulls Housing Finance officially rebrands as Sammaan Capital Limited

In a move signaling a new chapter, Indiabulls Housing Finance Limited (formerly Indiabulls Housing Finance Limited) has officially completed its rebranding and name change to Sammaan Capital Limited. The company received the necessary approvals from the Registrar of Companies and the Reserve Bank of India, solidifying the transition.

"Sammaan," meaning "respect," "honor," "courtesy," and "dignity" in Indian languages, reflects Sammaan Capital's commitment to a customer-centric approach, fostering pride in homeownership and business ownership, and upholding dignified business practices. This new identity aligns with the company's values and operations as a systemically important lender.

Sammaan Capital will strategically maintain its focus on providing affordable home loans and mortgage-backed loans for micro, small, and medium enterprises (MSMEs). The company's asset-light model emphasizes return on equity (RoE) growth through co-lending and sell-down partnerships with banks and financial institutions.

"Over the past five years, we've built a strong foundation with a robust balance sheet characterized by high capital adequacy (over 30%), low leverage (around 2.0x), stable non-performing assets (NPAs), and substantial provisioning buffers," the company stated. "This solid base will continue to fuel our growth trajectory."

This rebranding signifies a significant transformation for Sammaan Capital, marking a shift from a promoter-driven entity to a board-run and diversely-held financial institution. The company is poised for continued success with its customer-centric approach, focus on affordable lending solutions, and a commitment to ethical business practices.

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