Supported by balance sheet strength and comfort from the Abu Dhabi-based International Holding Company (IHC), Sammaan Capital Ltd (SCL) plans to accelerate its loan disbursements from ₹10,000 crore in the first half of FY27 to between ₹50,000 and ₹92,000 crore per year by FY29-FY30.
As part of its “Clear Path to Growth” plan, the non-banking finance company, which had a loan portfolio of ₹56,239 crore as at June-end, will expand its branch network from the current 220 to 1,600 by FY29-FY30. Of those branches, 600 will be “regular” (non-gold loan) branches and 1,000 will be “gold loan” branches. Simultaneously, SCL will also grow its workforce from 6,000 to 20,000 during the period.
SCL has charted out a roadmap to introduce new products, beginning with the launch of digital personal loans, rural home loans, and micro Loan Against Property (LAP) in the second half of the current fiscal.
The company will also introduce gold loans, two- and three-wheeler financing, and retail and e-commerce lending in FY28, followed by consumer durable loans, digital and lifestyle financing, personal loans (salaried), and microfinance loans in FY29-FY30.
IHC, through its affiliate, Avenir Investment RSC Ltd, had acquired 41.5 per cent stake in the NBFC in March via a preferential allotment of equity shares and warrants.
Sammaan Capital has received an initial tranche of ₹5,652 crore ($600 million) towards the allotment of equity shares and warrants, with an additional ₹3,198 crore ($338 million) to be received within a period of 18 months upon the conversion of those warrants.
SCL, in a recent statement, also noted that ratings agencies Crisil, Care, and ICRA had upgraded its credit ratings to AA+ (Stable) from AA; its international ratings, too, were upgraded to BB- (Stable) from B+ by S&P Global within 90 days of IHC’s investment.
The company emphasised that these upgrades have resulted in incremental cost of funds declining to 9 per cent from 10.5 per cent.
SCL expects its domestic and international ratings to be further upgraded to AAA and BB+, respectively, with incremental cost of funds dipping to 7.8 per cent by FY28 , and then to 7.2 per cent by FY29-FY30. By then it also hopes to improve the international rating to BBB.
Published on August 16, 2026
