QGO Finance has raised Rs 2 crore through the allotment of 400 Transferable Secured Non-Convertible Debentures (NCDs) (Tranche-5) of Rs 50,000 each, on a Private Placement basis. The NCDs have a tenure of 84 months and carry coupon rate of 12% per annum payable monthly.
QGO Finance is an NBFC and is primarily engaged in financing construction projects.