QGO Finance Limited Allots Rs 1 Crore Non-Convertible Debentures Under Private Placement

1 min read     Updated on 10 Mar 2026, 05:47 PM
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Jubin VScanX News Team
AI Summary

QGO Finance Limited has allotted 100 unsecured non-convertible debentures worth Rs 1,00,00,000/- under Tranche XLII of its private placement program, approved by the Board on March 10, 2026. The NCDs offer 12% annual interest payable monthly with a 9-year tenure maturing in March 2035. This allotment is part of a larger Rs 19,75,00,000/- issue, with 200 securities already allotted and 1,675 pending allotment.

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QGO Finance Limited has successfully completed the allotment of 100 transferable unsecured non-convertible debentures (NCDs) worth Rs 1,00,00,000/- under its private placement program. The Board of Directors approved this allotment through circulation on March 10, 2026, in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Debenture Allotment Details

The current allotment represents Tranche XLII of the company's NCD issuance program. Each debenture carries a face value of Rs 1,00,000/-, with the total allotment aggregating to Rs 1,00,00,000/-.

Parameter: Details
Securities Type: Unsecured, Unlisted, Redeemable Non-Convertible Debentures
Allotment Date: March 10, 2026
Maturity Date: March 09, 2035
Tenure: 9 years
Number of NCDs: 100
Face Value per NCD: Rs 1,00,000/-
Total Allotment Value: Rs 1,00,00,000/-

Interest and Payment Structure

The NCDs offer an attractive coupon rate of 12% per annum, with interest payments scheduled on a monthly basis. The debentures are unsecured instruments issued to eligible investors through private placement, eliminating the need for asset-backed security.

Issue Progress and Status

The current allotment forms part of a larger issue program with significant scope for expansion:

Metric: Count/Value
Total Issue Size: Rs 19,75,00,000/-
Securities Already Allotted: 200
Current Tranche Allotment: 100
Securities Pending Allotment: 1,675

Regulatory Compliance

The allotment has been executed in full compliance with SEBI regulations, specifically under Regulation 30 of the SEBI Listing Regulations. The company has provided comprehensive disclosure as required under SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

The NCDs will not be listed on any stock exchange, maintaining their private placement status. This structure allows QGO Finance Limited to access capital markets while providing investors with a fixed-income instrument offering regular monthly returns over the 9-year investment horizon.

Historical Stock Returns for QGO Finance

1 Day5 Days1 Month6 Months1 Year5 Years
-0.83%-9.60%-9.38%-12.46%-39.58%+77.13%

QGO Finance Limited Allots 200 Non-Convertible Debentures Worth Rs. 2 Crores

1 min read     Updated on 06 Mar 2026, 06:24 PM
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AI Summary

QGO Finance Limited has successfully allotted 200 Non-Convertible Debentures worth Rs. 2,00,00,000 on March 06, 2026, under its private placement program. The NCDs offer 12% annual interest with monthly payments over a 9-year tenure, maturing on March 05, 2035. This Tranche XLII allotment is part of a larger Rs. 19,75,00,000 NCD program, with 1,775 securities still pending allotment.

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QGO Finance Limited has completed the allotment of 200 Non-Convertible Debentures (NCDs) worth Rs. 2,00,00,000 under its ongoing fundraising initiative. The company's Board of Directors approved this allotment through a circular resolution on March 06, 2026, as part of its private placement program for eligible investors.

NCD Allotment Details

The allotted securities comprise 200 Transferable Unsecured Non-Convertible Debentures, each carrying a face value of Rs. 1,00,000. This allotment represents Tranche XLII of the company's broader NCD issuance program.

Parameter: Details
Total NCDs Allotted: 200
Face Value per NCD: Rs. 1,00,000
Total Allotment Value: Rs. 2,00,00,000
Allotment Date: March 06, 2026
Tranche: XLII

Terms and Structure

The NCDs offer attractive terms for investors, featuring a 12% per annum interest rate with monthly payment schedules. The instruments carry a 9-year tenure, providing long-term investment opportunities for eligible participants.

Feature: Specification
Interest Rate: 12% per annum
Payment Frequency: Monthly
Tenure: 9 years
Maturity Date: March 05, 2035
Security Type: Unsecured
Listing Status: Unlisted

Issue Framework

This allotment forms part of QGO Finance's larger NCD program, which has a total issue size of Rs. 19,75,00,000. The current allotment leaves significant room for future tranches, with 1,775 securities still pending allotment from the overall program.

Issue Parameter: Value
Total Issue Size: Rs. 19,75,00,000
Current Allotment: Rs. 2,00,00,000
Securities Pending: 1,775
Issuance Method: Private Placement

Regulatory Compliance

The allotment was conducted in full compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided comprehensive disclosure details as required under SEBI Master Circular guidelines, ensuring transparency for all stakeholders.

The NCDs are structured as unsecured instruments without any charge or security created over the company's assets. They do not carry any special rights, privileges, or conversion features, maintaining a straightforward debt instrument profile for investors seeking fixed-income opportunities.

Historical Stock Returns for QGO Finance

1 Day5 Days1 Month6 Months1 Year5 Years
-0.83%-9.60%-9.38%-12.46%-39.58%+77.13%

More News on QGO Finance

1 Year Returns:-39.58%