GACM Technologies Launches Qualified Institutions Placement Seeking Up To ₹49.50 Crores
GACM Technologies Ltd has announced the opening of its Qualified Institutions Placement (QIP) for equity shares, inviting institutional investors to participate in the company's next phase of expansion. The placement aims to raise up to ₹49.50 Crores through qualified institutional buyers.The QIP commences on August 13, 2026. GACM Technologies set the offer price at Re. 1/- per Equity Share, which is equivalent to the face value of the existing equity shares of the company and stands above the determined regulatory floor price of ₹0.67.
The placement was approved by the Company's Board of Directors in September 2025, followed by shareholder approval at the Annual General Meeting (AGM) held in September 2025. The QIP Committee, meeting on August 13, 2026, formally approved and authorized the launch of the Issue, along with the preliminary placement document.
The company views the offer price as a reflection of its conviction in the intrinsic value and growth trajectory. GACM Technologies confirmed that August 13, 2026, is the relevant date for the purpose of the Issue, ensuring alignment during the pricing process.
Key financial details regarding the QIP are summarized below:
| Metric | Detail |
|---|---|
| Offer Price per Share | Re. 1/- |
| Regulatory Floor Price | ₹0.67 |
| Target Raise Amount | Up to ₹49.50 Crores |
| Placement Start Date | August 13, 2026 |
The company confirmed that the Issue price was determined in consultation with its lead manager and following shareholder approval at the AGM.
GACM Technologies also affirmed its commitment to corporate governance standards regarding insider trading. Trading for Designated Persons will remain closed until 48 hours after the closure and allotment of shares.
GATECHDVR Stock Price Movement
As of 11:43 AM, shares of GACM Technologies Limited are trading steady at ₹0.51 in live market action, reflecting no change as of this update. The stock currently resides within its intraday range of ₹0.49 to ₹0.52 and has seen a traded volume of 125,800 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.