Market Performance
Sammaan Capital shares slipped nearly 5% on October 3, 2025, snapping a six-day winning streak. The fall came after the company’s board approved a major preferential issue to raise fresh capital.
Main News: ₹8,850 Crore Preferential Issue
The company announced a preferential issue worth ₹8,850 crore at a price of ₹139 per share.
Key highlights of the issue:
- Equity Shares: 330 million shares to be allotted at ₹139 each
- Convertible Warrants: 306.7 million warrants at ₹139 each
- Total Investment: Around $1 billion through an international holding company’s affiliate
- Regulatory Trigger: The issue also requires an open offer for acquiring an additional 26% as per guidelines
This fresh capital infusion is expected to significantly expand Sammaan Capital’s financial strength, though it also results in equity dilution for existing shareholders.
Company Details
Sammaan Capital is a prominent mortgage lender with a strong presence across India.
- Branches: 220
- Cities/Towns Covered: 150
- Employees: Over 4,400
The company has been instrumental in driving home ownership and empowering small businesses with its financing solutions.
Strategic Significance of the Deal
The preferential issue marks one of the largest capital infusions in India’s non-banking finance sector this year. By attracting a $1 billion investment, Sammaan Capital strengthens its capital base and prepares for future growth.
The infusion also reflects growing global interest in India’s financial services sector. For Sammaan Capital, this partnership opens doors to leverage advanced technologies, expand its mortgage offerings, and accelerate its nationwide growth strategy.
Summary
- Date: October 3, 2025
- Stock Move: Fell 5% after six-day rally
- Trading Price: ₹162.59 at 9:55 am
- Capital Raised: ₹8,850 crore via preferential issue
- Pricing: ₹139 per share for equity and warrants
- Impact: Equity dilution but stronger financial foundation
- Scale: $1 billion investment from a global holding firm
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