GACM Tech QIP allots 49.5 crore shares at Rs 1 each, raises Rs 49.5 cr

Fund Raising View source PDF Explain this filing

GATECHDVR · price

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Price reactionminutes from the announcement price · days from the prior close

+2.0%Reaction day

₹0.51

prior close

₹0.52

announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+1.6% vs market

Other Financial Services peers, median of 91sector+0.0%+2.0% vs sector

On the reaction day the stock moved 1.6 pts more than Nifty Microcap 250 and 2.0 pts more than its Other Financial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

+2.0+0.4+1.6+0.0+2.0

Next day

+2.0-0.2+2.2-0.1+2.1

+2.0+0.3+1.6-0.2+2.2

+2.0+0.6+1.4+0.0+2.0

-2.0+0.8-2.8-0.6-1.3

+2.0+0.4+1.6-0.6+2.6

+3.9+0.7+3.2-0.7+4.6

15d

-3.9+2.0-5.9-1.8-2.1

-3.9+0.7-4.7-2.5-1.4

-9.8-3.4-6.4-5.3-4.5

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UpDownMarket · Nifty Microcap 250Sector · Other Financial Services peers, median of 91Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

GACM Technologies allotted 49.5 crore equity shares via Qualified Institutions Placement at Rs 1 per share (face value) to 4 institutional investors, raising Rs 49.5 crore. Allottees include Minerva Ventures Fund (9.08 percent), Magnifica Global Opportunities (8.76 percent), AL Maha Investment Fund (6.57 percent), and Ebisu Global Opportunities (6.57 percent). Paid-up equity capital rose from Rs 110.27 crore to Rs 159.77 crore, about a 45 percent increase.

Likely market impact

Existing shareholders face roughly 31 percent dilution. Pricing at face value is unusual for a QIP and may point to weak demand.