QIP allotment of 49.5 crore equity shares at Rs 1 each approved

QIP at a discountFund Raising View source PDF Explain this filing

GATECHDVR · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

timing

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

-1.9

10m

-1.9

15m

-1.9

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

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 approved allotment of 49.5 crore equity shares via Qualified Institutions Placement to institutional buyers at Rs 1 per share, raising Rs 49.5 crore. Paid-up capital rises from Rs 110.27 crore to Rs 159.77 crore. Issue priced at face value, unusual for a listed company and likely a steep discount to market. Four allottees each received more than 5% of the issue.

Likely market impact

Significant dilution as share count rises about 45%. Issuing at face value is unusual and may pressure the stock price.