QGO Finance Approves ₹21.75 Crore Unlisted NCD Issuance at 12% Coupon

QGO Finance Limited on February 26, 2026 approved the issuance of secured and unsecured unlisted non-convertible debentures (NCDs) aggregating to ₹21.75 crore, according to a Regulation 30 disclosure filed with the BSE. The fundraising was cleared by the board at its meeting held from 10:00 am to 10:10 am, with issuances structured on a private placement basis.

Board Clears Secured and Unsecured NCD Tranches 

As per the filing made under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the board approved two separate NCD issuances in line with SEBI Master Circular No. HO/49/14/14(7)/2025-CFD-POD2/P/3762/2026 dated January 30, 2026.

The first approval relates to secured, unlisted, redeemable NCDs. Under Tranche IV, the company will issue 400 NCDs with a face value of ₹50,000 each, aggregating to ₹2,00,00,000. The instruments will carry a fixed coupon of 12% per annum, payable monthly, and have a tenure of 84 months.

These secured NCDs will be backed by a first pari passu charge on identified receivables of the company. They are not proposed to be listed on any stock exchange.

In addition, the board cleared the issuance of unsecured, unlisted, redeemable NCDs aggregating to ₹19,75,00,000. The tranche comprises 1,975 NCDs with a face value of ₹1,00,000 each and may be issued in one or more tranches.

The unsecured NCDs will carry a fixed coupon of 12% per annum, payable monthly, with a tenure of nine years. As these instruments are unsecured, no charge will be created over the company’s assets.

In both cases, the allotment date will be determined by the board and notified to the designated stock exchange. Interest will accrue to debenture holders from the deemed date of allotment. The issuances are structured as private placements to eligible investors and do not involve preferential allotment.

Share Price Rises 0.80% On February 26

Share price of QGO Finance Limited closed at ₹41.69 on the BSE on February 26, 2026, up ₹0.33 or 0.80% from the previous close of ₹41.36.

As of 3:00 pm IST, the stock traded within a range of ₹40.00 to ₹42.90. The company’s market capitalisation stood at ₹30.54 crore. Its 52-week high and low are ₹70.50 and ₹35.00, respectively, according to exchange data.

Company Background

QGO Finance Limited is a non-banking financial company (NBFC) engaged in lending and financing activities. The company raises capital through a mix of equity and debt instruments, including privately placed non-convertible debentures, to fund its credit portfolio.

Non-convertible debentures are fixed-income instruments that cannot be converted into equity shares and typically carry defined tenures and coupon structures. When issued on a private placement basis, they are offered to a select group of eligible investors rather than through a public issue.

Conclusion

The board-approved ₹21.75 crore NCD programme expands QGO Finance’s debt base through a mix of secured and unsecured instruments, both carrying a 12% fixed coupon with monthly servicing. The structure, tenure and security profile differ across tranches, but both remain unlisted and privately placed, as detailed in the company’s February 26, 2026 regulatory filing.

Source:

• https://www.bseindia.com/xml-data/corpfiling/AttachLive/44b1a698-48f1-430c-8a1b-d3b779bcfa47.pdf
• https://www.bseindia.com/stock-share-price/qgo-finance-ltd/qgo/538646/