Penny Stock Trading Close To Rs 1 To Raise Rs 200 Cr Via QIP, Board Meet Next Week; Do You Own?

GACM Technologies Ltd. was in the spotlight on Thursday, July 3, 2025 as the company announced plans to raise funds through a merchant banking arm for QIP with a strategic diversification into acquiring an EdTech company. GACM Technologies plans to acquire two companies by financing GACM ZIST with a direct issue of shares.

The financial consultancy and technology company based in Telangana revealed that its Board of Directors meeting scheduled for July 9, 2025, will touch upon the decisions made concerning the offer, issuance and allocation of equity shares through the QIP route. The aim is to position itself optimally to raise up to Rs 200 crores and aid the company's growth diversification in several phases.

In pivoting news, GACM Technologies had also disclosed acquiring a 30 percent stake in WEXL Edu Private Limited, an upstart marketer in AI driven EdTech and education data. The transaction valued at GACM Technologies Rs 500 crores in pivotal growth marks a milestone in Tech shift from its primary focus of Financial Services.WEXL Edu is becoming well-known for its platforms and data solutions based on AI technology that serve the education sector, especially in partnership with government and institutional clients. The acquisition will enable GACM Technologies to gain access to high-opportunity growth areas in the EdTech and GovTech sectors furthering national initiatives like Digital India and the National Education Policy (NEP).

"This strategic acquisition opens the door for GACM to participate in national-scale education and technology initiatives," the company stated. Additionally, these transactions enhance GACM's IP-rich portfolio of patents and increase its ability to integrate AI-driven applications with data monetisation, which strengthens the company's strategic posture.

GACM noted that the projects developed by WEXL Edu have strong operational margins beyond eighty percent. GACM also expressed that acquiring these projects will enable the company to significantly improve its financial profile and further strengthen its position in delivering value to the shareholders.

GACM Technologies shares closed on Wednesday at Rs 0.96, a decline of 4.95 percent from the previous day's close of Rs 1.01. However, despite this short-term volatility, GACM Technologies has provided over 113 percent return to investors in the last five years. The shares also appreciated over 23 percent in the year 2025 alone, as well as 17.07 percent in a month. According to BSE data, the stock reached a 52-week high of Rs 1.80 on September 05, 2024 and marked a 52-week low of Rs 0.57 on March 28, 2025.

GACM Technologies, founded in 1995, has evolved from a pure play financial consultancy to a multifaceted technology solutions provider comprising software development, IT services, hardware maintenance, and even outsourcing. In a bid to venture into various high growth sectors, the company has recently diversified further into broadcasting and cable services.

Angle Technologies and Edu QIP's acquisition signals GACM's strategic move to bolster their Indian digital presence, marking a clear intent to expand further into the country's educational and technological forefront.