Ad www.AngelOne.in
FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Ad www.AngelOne.in
Rights Issue Status: Closed [31st Jul 2024 to 14th Aug 2024]
GACM Technology Limited offers Right Issue size of Rs 34.03 Cr. The subscription for this Rights Issue is opening from 31 July 2024 to 14 Aug 2024. The company issues entitlement of 1 Rights equity shares for every fully paid-up 1 equity shares held on the record date of 16 July 2024. The face value of a share is Rs. 1 per share and the right issue price is fixed at Rs. 1 per share.
Stay connected with us to more about GACM Technology Limited Right Issue Details 2024 including issue size, right issue entitlement, terms of payment, and more.
The company proposes to utilize the net proceeds from the Issue towards funding the following objects.
| GACM Technologies Issue Details | Values |
|---|---|
| Category | Rights Issue |
| Rights Issue Issue Size (Shares) | 34.03 Cr Shares |
| Rights Issue Issue Size (Amount) | ₹34.03 Cr |
| Face Value | ₹1 Per Equity Share |
| Rights Issue - Issue Price | ₹1 per share |
| Rights Issue Record Date | 16th Jul 2024 |
| Rights Issue Entitlement | 1 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date |
| Rights Issue Terms of payment | The full amount of Re 1.00 per Equity Share is payable on application. |
| Listing At | BSE, NSE |
| BSE Code | 531723 |
| NSE Code | GATECH |
In this section we have covered all important dates related to GACM Technologies Rights Issue. Dates are updated as they are announced. The most noted dates are Rights Issue start date and Rights Issue end date, which one should use to participate in Rights Issue.
| Rights Issue Activity | Date |
|---|---|
| Rights Issue Issue Open Date | 31st Jul 2024 |
| Rights Issue Issue Close Date | 14th Aug 2024 |
| Basis of Allotment Finalisation Date* | 22nd Aug 2024 |
| Refunds Initiation* | 8th Aug 2024 |
| Credit of Shares to Demat Account* | 28th Aug 2024 |
| Rights Issue Listing Date* | 3rd Sep 2024 |
* - Tentative Dates
Zerodha Trade@20
GACM Technologies Ltd. is active in the fields of financial consulting and technology. This includes advising on all corporate and related matters and conducting all related business, including, but not limited to, the design or development of software solutions for corporate risk management and internal control, including the sale, marketing and installation of these solutions for corporate clients.
Since the challenged SAT order had discontinued the company's current line of business, i.e. stock brokerage, the company was left with nothing but financial advisory services. The Company's current line of business is financial advisory services, which includes advising on all corporate and related matters and all related or incidental activities, including, but not limited to, the design/development of enterprise risk management and internal control software solutions, including the sale, marketing and installation of such solutions for corporate clients.
Past performance and financial results of GACM Technologies .
GACM Technologies Limited's revenue decreased by -28.06% and profit after tax (PAT) rose by 196.32% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 18.44 | 13.07 |
| Revenue | 7.51 | 10.44 |
| Profit After Tax | 1.13 | -1.18 |
| Amount in ₹ Crore | ||
The table below is live update of Rights Issue bidding details from NSE and BSE.
GACM Technologies Rights Issue Offer Document (Letter of Offer) >>Document
GACM Technologies Rights Issue Offer Document (Letter of Offer) >>GACM Technologies Rights Issue Red Herring Prospectus is not yet available.
GACM Technologies Rights Issue Online Application (Registrar & Transfer Agent) >>Online Application
GACM Technologies Rights Issue Online Application (Registrar & Transfer Agent) >>GACM Technologies Rights Issue RTA information is not yet available.
Last Updated on 2024-08-17T05:32:45+00:00
