GACM Technologies has launched a Qualified Institutional Placement (QIP) worth ₹49.50 crore, setting the price at ₹1 per share. This figure is higher than the regulatory floor price of ₹0.67 and the current market price of ₹0.75. For the 2026 fiscal year, the company reported a 60.1% jump in revenue to ₹21.87 crore, while profit after tax (PAT) climbed 108.7% to ₹8.60 crore. Additionally, the company has successfully cleared its debt, resulting in a stronger balance sheet as it prepares for upcoming expansion initiatives.
by shortkt.com✓