GACM Technologies raises 49.5 crore via QIP allotment to institutional buyers

Fund Raising View source PDF Explain this filing

GATECH · price

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

+2.5%Reaction day

₹0.79

prior close

₹0.81

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+2.2% vs market

Other Financial Services peers, median of 91sector+0.0%+2.5% vs sector

On the reaction day the stock moved 2.2 pts more than Nifty Microcap 250 and 2.5 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

+0.0

10m

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15m

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30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.5+0.4+2.2+0.0+2.5

Next day

+6.3-0.2+6.5-0.1+6.5

+10.1+0.3+9.8-0.2+10.3

+15.2+0.6+14.6+0.0+15.2

+19.0+0.8+18.2-0.7+19.7

+22.8+0.4+22.4-0.6+23.4

+30.4+0.7+29.6-0.7+31.1

15d

+5.1+2.0+3.0-1.8+6.9

-7.6+0.7-8.3-2.5-5.1

-25.3-3.4-22.0-5.3-20.1

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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 at ₹1 each to qualified institutional buyers via QIP, raising ₹49.5 crore. Paid-up capital rose from ₹110.27 crore to ₹159.77 crore, diluting existing shareholders by about 45%. Four funds took over 5% each, led by Minerva Ventures (9.08%) and Magnifica Global (8.76%).

Likely market impact

Dilution of around 45 percent for existing shareholders. New institutional investors may add credibility, but EPS will reduce.