QGO Finance Ltd. Company History and Annual Growth Details

The Company was originally incorporated as Private Company on July, 28, 1993 under the Companies Act, within the jurisdiction of Registrar of Companies, Delhi & Haryana. Our Company was subsequently converted into a public limited company and name was changed to “Parnami Credits Limited" vide fresh certificate of incorporation dated 16th May 1995 issued by the Registrar of Companies, Delhi & Haryana. The Company then came up with public offer of 27, 50, 000 shares of Rs 10/- each at par for cash vide prospectus issued for this purpose by the Company dated July 15,
1996.

The Company was original Registered as Category „A? NBFC, which subsequently got converted and obtained Certificate of Registration as Category „B? Non Banking Financial Institution from the Reserve of India on November 08, 2004 wherein the Company was permitted to carry on the Company was permitted to carry on the business of Non Banking Financial Institution without accepting deposits from general public.

2024
-"Significant growth in its Assets Under Management (AUM), with a steady increase of 16%. Upheld excellent asset quality, with our non-performing assets (NPAs) standing at “0.” Delivering healthy return with a ROE of 17.2% in a short span of 6 years. 

2025
-"Increase in annual dividend payout by 20% as compared to preceding year. Crossed the benchmark of 100?Cr in Assets Under Management. Consistent rise and steady upward trend in revenue and profit generation."

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

Notifications
Settings
Clear Notifications
Notifications
Use the toggle to switch on notifications
  • Block for 8 hours
  • Block for 12 hours
  • Block for 24 hours
  • Don't block
Gender
Select your Gender
  • Male
  • Female
  • Others
Age
Select your Age Range
  • Under 18
  • 18 to 25
  • 26 to 35
  • 36 to 45
  • 45 to 55
  • 55+