GACM Technologies Limited Right Issue

₹34.03 Cr BSE, NSE 31 Jul 2024 – 14 Aug 2024

Closed Ratio: 1 : 1 BSE, NSE
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Issue Price
₹1.00
Face Value
₹1.00
Issue Size (Shares)
340,287,057
Issue Size (₹ Cr.)
₹34.03
📅 Right Issue Timetable
Last Date to Buy SharesMon, Jul 15, 2024
Record DateTue, Jul 16, 2024
Credit of Rights Entitlements
Bid/Offer Opens OnWed, Jul 31, 2024
Issue Open DateWed, Jul 31, 2024
Renunciation Last DateThu, Aug 8, 2024
Bid/Offer Closes OnWed, Aug 14, 2024
Issue Close DateWed, Aug 14, 2024
Deemed Date of AllotmentThu, Aug 22, 2024
Credit DateWed, Aug 28, 2024
Listing DateTue, Sep 3, 2024
📋 Right Issue Details
Issue Size (Shares)340,287,057
Issue Size (Amount)₹34.03 Cr.
Issue Price₹1.00 per share
Face Value₹1.00 per share
Entitlement Ratio1 : 1
Listing AtBSE, NSE
Terms of PaymentThe full amount of Re 1.00 per Equity Share is payable on application.
📊 Company Financials (Restated)
Period Ended2024-03-312023-03-31FY I
Income7.5110.44
EBITDA
Net Worth
Reserves & Surplus

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1To finance the capital expenditure towards the purchase of software & hardware, and servers;
2To repay or prepay, in Full or in part, of certain Borrowings availed by our Company through adjustment against the Entitlement of Promoter and Promoter Group.
3To invest in Gayiadi Fintech Private Limited, Wholly Owned Subsidiary Company, to finance its capital expenditure;
4To make Acquisitions of Businesses in a similar or Complementary Spaces
5To meet General corporate purposes
🏢 About the Company
Established in April 1995, GACM Technologies Limited is a financial advisor specializing in fundraising, equity restructuring, company formation, and other related activities.

The company operates in three sectors:

Edtech
Digitech
Insuretech
The company is currently active in financial consulting, which includes advising companies and related activities such as the design and development of software solutions for corporate risk management and internal control. This also includes selling, marketing, and installing these software solutions for corporate clients.
📞 Company Contact
CompanyGACM Technologies Limited
AddressKura Towers, 10th Floor
D. No.1-11-254 & 1-11-255, S.P. Road,
Begumpet, Secunderabad, Hyderabad,-500016
Secunderabad, Telangana, 500016
Phone040-69086900
Emailcs@stampedcap.com
WebsiteVisit ↗
📝 Registrar
NameVenture Capital & Corporate Investments Ltd.
Phone040-23818475/23818476
Emailinvestor.relations@vccipl.com
WebsiteVisit ↗