GACM Technologies Raises ₹49.50 Crore Through QIP, Overseas Funds Secure Nearly 29% Stake
Mumbai: GACM Technologies Ltd has expanded its institutional shareholder base after raising Rs 49.50 crore through a Qualified Institutions Placement (QIP). Four overseas funds together now hold nearly 29 percent of the company’s post-issue equity. The development comes as GACM Technologies shares trade near their 52-week high, drawing attention from investors watching for a possible technical…
Mumbai: GACM Technologies Ltd raised Rs 49.50 crore through a Qualified Institutions Placement (QIP) in just two days, ending on August 14, 2026. Four overseas funds have now collectively acquired nearly 29 percent of the company’s post-issue equity. The fresh capital will bolster GACM’s financial standing as it enters a new phase of business execution.
Minerva Ventures Fund and Magnifica Global Opportunities VCC–MGO High Conviction Fund are among the four overseas funds that hold significant shares in the company. Their combined stake amounts to around 29 percent of GACM’s expanded equity capital. The company’s revenue surged over 57 percent and profit after tax increased by more than 108 percent in FY26.
GACM has a 30 percent stake in an AI-led education technology business, which has secured orders worth over Rs 30 crore. The company’s shares are nearing a 52-week high, and a sustained move above this level could indicate a breakout.
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