About Sammaan Finserve Limited
Data last updated:
Sammaan Finserve Limited is a public limited company based in Delhi, India, a subsidiary of Indiabulls Housing Finance Limited. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 07 July 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U65923DL2006PLC150632. Its GSTIN is 07AABCI5559G1ZH (Delhi). The company holds 22 GST registrations, of which 20 are active.
The company has an authorised share capital of ₹397.5 Cr and a paid-up capital of ₹247.8 Cr. It was formerly known as Indiabulls Infrastructure Credit Limited. It is led by directors including Dinabandhu Mohapatra and Nikita Sureshchand Tulsian.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 2nd Floor Plot No – 3 Block – A Pocket – 2, Sector – 17 Dwarka Residential Scheme, Delhi, India – 110075.
As per the financials filed for FY 2023, the company reported a revenue of ₹1,886.64 Cr, a growth of 2.43% compared to the previous year.
The company has about 22 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Sammaan Finserve and IBCCL. As per MCA filings, the company has open charges of ₹4,911.25 Cr and satisfied charges of ₹28,408 Cr on record. Court records list 483 cases involving the company, including 448 filed by the company and 35 filed against it; 359 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indiabullscommercialcredit.com.
Company details
Contact details
Sammaan Finserve Limited's registered office is in Delhi, Delhi. Its website is indiabullscommercialcredit.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered Address2nd Floor Plot No – 3 Block – A Pocket – 2, Sector – 17 Dwarka Residential Scheme, Delhi, India – 110075
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Sammaan Finserve Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Sammaan Finserve operates two associated brands: Sammaan Finserve and IBCCL. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Financial services focused on mortgage financing and SME loans in India. | sammaanfinserve.com | |
| Diversified lending NBFI | indiabullscommercialcredit.com |
Business activity
Sammaan Finserve operates primarily in the financial and insurance service sector. One business activity is registered with the MCA.
| Main activity group | Business activity | Share of turnover |
|---|---|---|
| Financial and insurance Service | Financial and Credit leasing activities |
To see the full business activity and turnover split of Sammaan Finserve Limited, buy the company report.
Financials of Sammaan Finserve Limited
FY 2025 filings availableSammaan Finserve Limited reported revenue of ₹1,886.64 Cr (up 2.43% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 2.43% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Revenue from Operations | ₹1,886.64 Cr | ||||
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Financial Ratios
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To see the full financial statements and ratios of Sammaan Finserve Limited, buy the company report.
Board of directors and KMP of Sammaan Finserve Limited
Sammaan Finserve Limited currently reports 6 directors and 1 key managerial person. 19 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dinabandhu Mohapatra | Director | 23 Jun 2022 | 4 Years 4 Months | Current |
| Rajiv Gandhi | Ceo | 15 Feb 2021 | 5 Years 8 Months | Current |
| Nikita Sureshchand Tulsian | Director | 23 Oct 2023 | 3 Years 0 Months | Current |
| Gorinka Jaganmohan Rao Also directs: Viceroy Hotels Limited, SG Finserve Limited | Director | 01 Jul 2023 | 3 Years 4 Months | Current |
| Satishchand Mathur Also directs: Tilaknagar Industries Limited, Kesar Petroproducts Limited, Green Planet Logistics Private Limited and 3 more | Director | 23 Jun 2022 | 4 Years 4 Months | Current |
| Ajit Kumar Mittal Also directs: Am4 Investments Private Limited, Novo Epay India Private Limited | Director | 30 Sep 2013 | 13 Years 1 Months | Current |
Auditor
Sammaan Finserve Limited is audited by Ajay Sardana Associates for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ajay Sardana Associates | FY 2018 | 016827N |
Shareholding
The shareholding of Sammaan Finserve Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sammaan Finserve Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Mar 2025 | 101073515 | Others | ₹55 Cr | Open | |
| 13 Dec 2024 | 101037535 | Others | ₹50 Cr | Open | |
| 24 Oct 2024 | 100991598 | Idbi Trusteeship Services Limited | ₹200 Cr | Open | |
| 18 Sep 2024 | 100980853 | Idbi Trusteeship Services Limited | ₹700 Cr | Open | |
| 06 Sep 2024 | 100989552 | Others | ₹30 Cr | Open |
To see the full charge records of Sammaan Finserve Limited, buy the company report.
Total charge records: 93 View all charges
Legal cases
Sammaan Finserve Limited has 483 court cases on record: 448 filed by Sammaan Finserve, 35 filed against it. 359 cases are pending and 124 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 453 | 19 | 345 |
| High courts | 28 | 15 | 13 |
| Supreme Court | 2 | 1 | 1 |
Cases on record (5 of 483)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by Ambience Projects and Infrastructure Private Limited | Pending |
| Bombay High Court | Writ petition | Filed against the company by Annex Pharmaceutical and Chemicals Pvt. Ltd. | Pending |
| District court, South East, Delhi | Cheque dishonour complaint | Filed by the company against Chai Wale | Pending |
| District court, South East, Delhi | Cheque dishonour complaint | Filed by the company against Bisapa Exim Private Limited | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against Armaan Lifestyle Private Limited | Pending |
To see the full case history of Sammaan Finserve Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Sammaan Finserve Limited was last rated by Care on 28 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 28 Dec 2021 |
To see the full credit ratings and regulatory alerts of Sammaan Finserve Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sammaan Finserve Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sammaan Finserve Limited has a workforce of 22 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Sammaan Finserve has 22 GST registrations: 20 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCI5559G1ZH | Delhi | Active | 01 Jul 2017 |
| 07AABCI5559G2ZG | Delhi | Active | 12 Aug 2017 |
| 03AABCI5559G1ZP | Punjab | Active | 01 Jul 2017 |
| 05AABCI5559G1ZL | Uttarakhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sammaan Finserve Limited, buy the company report.
Recent activity
Sammaan Finserve Limited has 26 board changes on record since 2007: 8 appointments and 18 cessations. The latest: Anil Malhan ceased to be Director on 12 Nov 2024.
193 earlier events are in the company report.
News
Frequently asked questions
Sammaan Finserve is an active public limited company based in Delhi, India. The company works in nbfc, within the financial services industry. It was incorporated on 07 July 2006 (20+ years old) and is registered under CIN U65923DL2006PLC150632.
Sammaan Finserve has 7 current directors and KMP:
- Dinabandhu Mohapatra - Director
- Nikita Sureshchand Tulsian - Director
- Gorinka Jaganmohan Rao - Director
- Satishchand Mathur - Director
- Ajit Kumar Mittal - Director
- Naveen Uppal - Director
- Rajiv Gandhi - Ceo
The latest financial statements of Sammaan Finserve on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sammaan Finserve is 07AABCI5559G1ZH, registered in Delhi. The company has 22 GST registrations in all, of which 20 are active and 2 are cancelled or inactive. Other active GSTINs include 07AABCI5559G2ZG (Delhi), 03AABCI5559G1ZP (Punjab), 05AABCI5559G1ZL (Uttarakhand).
The CIN (Corporate Identification Number) of Sammaan Finserve is U65923DL2006PLC150632. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sammaan Finserve has 483 court cases on record: 448 filed by the company and 35 filed against it. 359 are pending. Most are in the district courts.
Sammaan Finserve was incorporated on 07 July 2006, making it 20+ years old. It is registered with the Registrar of Companies, Delhi.
Anil Malhan ceased to be Director on 12 Nov 2024. Naveen Uppal was appointed as Director on 12 Nov 2024. Naveen Uppal ceased to be Additional Director on 12 Nov 2024. Sammaan Finserve has 26 board changes on record in total.
Sammaan Finserve can be reached through the website indiabullscommercialcredit.com. Its registered office is in Delhi, India.
The registered office of Sammaan Finserve is at 2nd Floor Plot No – 3 Block – A Pocket – 2, Sector – 17 Dwarka Residential Scheme, Delhi, India – 110075.
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