Qgo Finance Limited

Provides financial services and financing for various vehicles and equipment, along with consulting and advisory services.

1993 | Thane, Maharashtra (India) | Active
Last Updated: November 16, 2024

Qgo Finance Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 6.95 Cr
  • Company Age 31 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.44 M
  • Revenue Growth 37.95%
  • Profit Growth 88.71%
  • Ebitda 50.79%
  • Net Worth 13.07%
  • Total Assets 20.99%

About Qgo Finance

Qgo Finance Limited (QFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 28 July 1993 and has a history of 31 years and six months. Its registered office is in Thane, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 538646.

The Corporate was formerly known as Parnami Credits Limited. The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 6.95 Cr.

The company currently has active open charges totaling ₹4.44 M.

The Key Managerial Personnel (KMP) at Qgo Finance Limited India are Alok Pathak as CFO and Urmi Joiser as Company Secretary. Rachana Singi, Deepika Nath, Seema Pathak, and Two other members serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L65910MH1993PLC302405

  • Company No.

    302405

  • Stock Symbol

    BSE : 538646

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Jul 1993

  • Date of AGM

    24 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Qgo Finance?

Executive Team (3)

NameDesignationAppointment DateStatus
Alok Pathak Country flag representing In CFO01-Aug-2018Current
Rachana Singi Country flag representing In Managing Director01-Aug-2018Current
Urmi Joiser Company Secretary03-Oct-2020Current

Board Members (4)

NameDesignationAppointment DateStatus
Deepika Nath Country flag representing In Director 30-Jan-2023Current
Seema Pathak Country flag representing In Director 01-Aug-2018Current
Virendra Jain Country flag representing In Director 28-Jul-2018Current
Vineet Bakhshi Country flag representing In Director 01-Aug-2018Current

Financial Performance of Qgo Finance.

Qgo Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.95% increase. The company also saw a substantial improvement in profitability, with a 88.71% increase in profit. The company's net worth Soared by an impressive increase of 13.07%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
37.95%
Revenue from Operations
41.42%
Total Assets
20.99%
Profit or Loss
88.71%
Net Worth
13.07%
EBITDA
50.79%

What is the Ownership and Shareholding Structure of Qgo Finance?

In 2023, Qgo Finance had a promoter holding of 63.36% and a public holding of 36.65%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.44 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.31 Cr
  • Yes Bank Limited : 0.13 Cr

Latest Charge Details

DateLenderAmountStatus
23 May 2024Others₹3.10 MOpen
27 Aug 2022Yes Bank Limited₹1.34 MOpen

How Many Employees Work at Qgo Finance?

Unlock and access historical data on people associated with Qgo Finance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Qgo Finance, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Qgo Finance's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Qgo Finance

Recent activity within the organization

  • Annual General Meeting

    Qgo Finance Limited last Annual general meeting of members was held on 24 Sep 2024 as per latest MCA records.

    24 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 0.31 Cr with Charge ID 100934928 was registered on 23 May 2024.

    23 May 2024

  • Balance Sheet

    Qgo Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Deepika Nath was appointed as a Director was appointed as a Director on 30 Jan 2023 & has been associated with this company since 2 years 1 day .

    30 Jan 2023

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 0.13 Cr with Charge ID 100607303 was registered on 27 Aug 2022.

    27 Aug 2022

  • Director Appointment

    Rachana Abhishek Singi was appointed as a Managing Director was appointed as a Managing Director on 01 Aug 2018 & has been associated with this company since 6 years 6 months .

    01 Aug 2018

Frequently asked questions

  • Qgo Finance Limited was incorporated on 28 Jul 1993.

  • The authorized share capital of Qgo Finance Limited is ₹ 10.00 Cr and paid-up capital is ₹ 6.95 Cr.

  • Currently 7 directors are associated with Qgo Finance Limited.

    • Rachana Abhishek Singi
    • Deepika Nath
    • Seema Pathak
    • Virendra Narayanlal Jain
    • Vineet Bakhshi
    • Alok Udai Pathak
    • Urmi Mohan Joiser
  • As per Ministry of Corporate Affairs (Mca), the registered address of Qgo Finance Limited is 3Rd Floor A-514 Ttc Industrial Area Midc Mahape, India, Navi Mumbai, Maharashtra, 400701.

  • The corporate identification number (CIN) of Qgo Finance Limited is L65910MH1993PLC302405 and the company number is 302405 as per Ministry of Corporate Affairs (MCA).

  • Yes, Qgo Finance Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Qgo Finance Limited is https://www.qgofinance.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Qgo Finance Limited has risen by 37.95%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Qgo Finance Limited has experienced an upsurge of 13.07%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Qgo Finance Limited amount to ₹ 4.44 M.

  • The most recent Balance Sheet for Qgo Finance Limited was filed with the ROC on 31 Mar 2024.

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