QGO Finance raises Rs 1 crore via NCDs

QGO Finance has raised Rs 1 crore through the allotment of 100 Transferable Unsecured Non-Convertible Debentures (NCDs) of Rs 1,00,000 each on a Private Placement basis. The NCDs have a tenure of 9 years and carry coupon rate of 12% per annum payable monthly. 

QGO Finance is an NBFC and is primarily engaged in financing construction projects.