Sammaan Capital Ltd, one of India’s leading non-banking financial companies (NBFCs), has set a target of achieving assets under management (AUM) of ₹70,000 crore in FY27, backed by annual disbursements of around ₹30,000 crore.
The company had reported a total AUM of ₹53,160 crore as of March 2026.
Strong balance sheet position
The NBFC said it continues to maintain a strong financial position with a Capital Adequacy Ratio (CAR) of 20.3% and a Liquidity Coverage Ratio (LCR) of 139%, significantly higher than the regulatory requirement of 100%.
The company said the strong liquidity and capital position provide a solid foundation for its next phase of expansion.
IHC becomes promoter
Sammaan Capital also announced the successful completion of the strategic investment by IHC Group, officially making the Abu Dhabi-based investment giant its promoter.
IHC has committed a total investment of $1 billion (around ₹8,850 crore), making it one of the largest foreign direct investments in India’s financial services sector.
The company said it has already received the first tranche of ₹5,652 crore through issuance of equity and upfront 25% of warrants, resulting in IHC acquiring a 28.5% stake in the company.
The balance ₹3,198 crore is expected to be received over the next 18 months upon conversion of warrants. Following full conversion, IHC’s stake in Sammaan Capital will rise to 43.5%.
Board strengthening underway
As part of the transaction, Alwyn Crasta, Group CFO of IHC, has joined the board of Sammaan Capital as a Non-Executive Director.
IHC is regarded as the most valuable holding company in the Middle East and among the world’s largest investment firms, with over 1,300 subsidiaries and a market capitalisation of around $233 billion.
Enters defining chapter
Sammaan Capital Ltd, Managing Director & CEO, Gagan Banga said, “Sammaan Capital has entered a defining new chapter. With IHC Group as our Promoter, we are no longer just a well-capitalized lender — we are an institution built for scale. I want to welcome Mr Alwyn Crasta on the board as our Non-Executive Director. I also look forward to closely work with H.E Dalia Khorshid with her vast experience.”
He added, “The strategic investment by one of the world’s most respected groups positions us to pursue growth with a depth of conviction that was simply not possible before. With this the legacy chapter is firmly closed. Our growth story will now be accelerated by the rapid adoption of technology and AI, using them as the cornerstone of our customer acquisition strategy across multiple product offerings, making us a full-suite NBFC underpinned by robust governance and risk management.”
Product expansion planned
The company said it plans to expand its product portfolio from the current four offerings to more than 12 products.
New product launches planned for FY27 include personal loans and gold loans as Sammaan Capital looks to build a diversified full-suite lender across secured and unsecured lending segments.
The company also said it has identified 37 artificial intelligence use cases that will support customer acquisition, operational efficiency, governance and risk management as part of its next growth phase.