QGO Finance Limited Company Profile: Products, Promoters and Clients
QGO Finance Limited Company Description:
QGO Finance Limited, registered with RBI as an NBFC, operates ethically and professionally without accepting public deposits. Established in 1996, QGO specializes in financing India's MSME and Real Estate sectors. Leveraging technology and fundamental analysis, it offers affordable financial services tailored to clients' needs. Listed on the BSE since 2013, QGO is committed to growth while ensuring security and satisfaction for stakeholders.
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Q1. What are the Product and service offerings of QGO Finance Limited ?
QGO Finance Limited specializes in offering a range of loan products tailored to meet diverse financial needs. They provide Business Loans for SMEs, both secured and unsecured, with sizes ranging from ₹5L to ₹50L at an interest rate of 18% p.a.
Their Retail Loans, catering to salaried employees at SMEs, offer up to ₹25L at the same interest rate. For larger projects, QGO offers Project Loans from ₹100L to ₹1,000L, and Loan Against Property options from ₹15L to ₹100L, both at competitive rates of 17% to 18% p.a.
QGO prides itself on delivering consultancy and advisory services alongside lending, focusing particularly on project financing in major cities like Mumbai Metropolitan Region (MMR). They ensure a streamlined process with minimal paperwork, quick disbursals, and personalized solutions through dedicated Relationship Managers, aiming to support business expansion and meet diverse financial needs effectively.
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Q2. Who are the Promoters/Management of QGO Finance Limited ?
Chairman of QGO Finance Limited, Rear Admiral Vineet Bakhshi (Retired) served the Indian Navy for 36 years, specializing both on shore and afloat. He holds a Master's degree in Technology from IIT Delhi and has held leadership roles including Chairman and Managing Director of Goa Shipyard.
Additionally, he has chaired the Board of Mazgaon Dockyard and currently serves as CEO of the Govind Ram Memorial Education Society. A promoter of Bakhshi’s Springdales Group of schools, he is noted for his social entrepreneurship, particularly in renovating government schools in rural Rajasthan.
Admiral Bakhshi was appointed as Independent Director and Chairman of QGO Finance Limited during the AGM in September 2018, bringing extensive leadership and strategic expertise to the company.
Managing Director of QGO Finance Limited, Rachana Singi is a qualified Chartered Accountant from ICAI, known for her entrepreneurial achievements. She founded and scaled Anika Apparels Pvt. Ltd and Creative Textile Mills Pvt Ltd into leading export-oriented companies. With expertise in strategy, fundraising, and financial market operations, she has served on multiple corporate boards spanning textiles, marketing, design, and retail sectors.
Rachana is actively involved in social causes, focusing on the welfare of girls, relief organizations, and education for underprivileged children. Her appointment as Managing Director of QGO Finance Limited occurred during the AGM in September 2018, underscoring her leadership and financial acumen.
Q3. Who are the Clients of the company?
Some of the clients of the company include Devika Builders & Developers, MD Omkar, MDL Meenakshi, Sagarika CHS, and Dolphin Enterprises.
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Written By:Khush Kothari