IHC to house Sammaan Capital under new global financial services platform

Sammaan Capital

Abu Dhabi-based International Holding Company (IHC) plans  to launch Judan Financial, a  financial services holding company, to house its diverse banking, fintech, and asset management portfolio in more than 13 countries, including India’s Sammaan Capital Ltd which it is in the process of acquiring.

With more than AED 870 billion in AUM, Judan Financial will serve as the primary platform for IHC’s more than 20 banking, insurance and fintech assets, IHC said in a release.

Sammaan Capital, the mortgage-focused non-bank financial company, is among the entities proposed to be included in the platform.

Judan Financial, expected to be valued at around AED 100 billion, will combine financial services stakes held by IHC and its subsidiaries, including Alpha Dhabi Holding, 2PointZero Group and Sirius International Holding.

Asset transfers will be completed in phases. The platform will span banking, non-bank financial institutions, insurance, reinsurance, asset management and financial technology businesses across more than 13 countries, serving over 11 million clients. It will remain privately held but intends to raise third-party institutional capital.

For Sammaan Capital, the inclusion indicates that IHC’s India NBFC exposure will sit within a dedicated global financial services structure and hints that the investment in on track.

The release did not outline any change in the operating structure of individual portfolio companies, but positions them as part of a scaled, diversified financial services group.

On October 3, 2025, Sammaan Capital had announced that IHC will invest Rs 8,850 crore ($997.7 million) to acquire a 43.5 percent stake in the NBFC.

As part of the investment, IHC's affiliate Avenir Investment RSC will subscribe to 330 million equity shares and 306.7 million convertible warrants at Rs 139 each. This will also trigger an open offer as per the regulatory guidelines, to acquire an additional 26 percent.

At 12. 53 pm, Sammaan Capital shares were trading flat at Rs 144.1 apiece on the BSE, while the benchmark Sensex was trading at 82,874.91 points, up by 0.3 percent.