GACM Technologies Limited (formerly **Stampede Capital Limited**) is an Indian listed technology group that has recently completed a comprehensive strategic pivot. Following its exit from the stockbroking business in **2022**, the company has rebranded and restructured to focus on high-growth verticals including **AI-enabled EdTech**, **FinTech infrastructure**, and **Insurtech**. The company is currently positioning itself as a diversified technology provider, leveraging aggressive inorganic growth, a robust patent portfolio, and a deleveraged balance sheet to capture market share in digital consultancy and IT-enabled services (ITES). --- ### Strategic Pivot & Core Business Verticals GACM operates under a unified segment of **Software and Consultancy Services**, but its operational reach extends across several specialized domains: * **AI-Enabled EdTech:** Through the acquisition of **WEXL EDU Private Limited**, the company provides automated subjective answer correction and English proficiency assessments. This segment targets high-margin (80%+) operations. * **FinTech & Digital Infrastructure:** Via **Market Simplified India Limited (MSIL)**, GACM provides **API & Middleware servicing**, **QA Automation**, and cloud support, focusing on enhancing the digital customer experience for financial institutions. * **Financial & Management Consultancy:** Expert advisory on corporate restructuring, capital issuance, and internal business efficiency. * **Software Development & ITES:** Designing and maintaining custom internet-based applications and software solutions. The company is registered with the **Software Technology Parks of India (STPI), Hyderabad**, to facilitate software exports. * **Trading & Distribution:** Continued engagement in equity trading and the distribution of financial products. --- ### Order Book, Intellectual Property, and Strategic Partnerships As of **June 2025**, GACM reported a confirmed order book exceeding **₹ 30 Crore**. The company’s growth is underpinned by significant government engagements and proprietary technology. **Key Institutional Engagements:** | Client / Partner | Project / Engagement Details | Value / Scale | |:---|:---|:---| | **Delhi Government** | Confirmed Order | **₹ 25 Crore** | | **Tamil Nadu Government** | Confirmed Order | **₹ 5 Crore** | | **NCERT & CBSE** | MoU for **Bharat English Test (BET)** | National Level | | **CBSE** | Tender-based deployment discussions | **30,000+ Schools** | | **MSK Technologies** | IT/ITES Project | **₹ 10 Crore** (55-60% GP) | | **Tesync Technology** | IT/ITES & Voice/Data solutions | **₹ 15 Crore** (thru Sept 2027) | **Intellectual Property Portfolio:** The company holds **5 registered patents** focusing on: * **AI-based subjective answer correction** * **Offline AI learning systems** * **English proficiency assessment frameworks** --- ### Corporate Structure and Strategic Acquisitions GACM utilizes a mix of cash and share-swap mechanisms to consolidate its position in target entities: * **GAYIADI FINTECH Private Limited:** A wholly-owned unlisted subsidiary. * **WEXL EDU Private Limited:** GACM reached a definitive agreement to acquire a **30%** stake. WEXL is an AI-driven firm with a projected valuation of **INR 500 Cr+**. * **Market Simplified India Limited (MSIL):** Strategic acquisition of a **5.09%** stake via a share swap at a ratio of **80:1**. * **Waterwalk Automation:** A strategic partnership to support the company’s long-term technological objectives in automation. --- ### Financial Performance and Deleveraging GACM has demonstrated a significant financial turnaround, moving from a net loss in FY2023 to a profitable position in FY2025. **Standalone Financial Highlights:** | Particulars (₹ in Lakhs) | FY 2024-25 | FY 2023-24 | FY 2022-23 | | :--- | :--- | :--- | :--- | | **Total Income** | **1,457.67** | **724.15** | **963.82** | | **Net Profit / (Loss)** | **412.49** | **110.45** | **(121.63)** | | **Earnings Per Share (₹)** | **0.0589** | **0.0277** | **-** | **Solvency and Capital Strength:** The company has successfully eliminated its standalone borrowings, resulting in a negative gearing ratio. * **Borrowings:** Reduced from **₹ 1,72,049.32** in FY23 to **₹ 0.00** in FY25. * **Gearing Ratio:** Improved from **169.15%** to **-1.73%** over the same period. * **Total Capital:** Increased to **₹ 4,91,263.80 Lakhs** as of March 31, 2025. --- ### Capital Raising and Shareholding Structure To fund its aggressive inorganic growth strategy, GACM has authorized several major fund-raising initiatives: * **FCCBs:** Approved up to **USD 699 Million** in **April 2026** for international acquisitions and autonomous tech development. * **QIP:** Approved up to **INR 400 Crore** in **September 2025** for debt reduction and growth. * **Rights Issue:** Completed **August 2024**, raising **INR 50 Crore**. * **Preferential Warrants:** Approved **INR 93.81 Crore** in **October 2024**, with **80%** of proceeds earmarked for **Agri-Tech** takeovers. **Share Capital Details:** * **Authorized Capital:** Increased to **₹ 550 Crore** by **August 2025**. * **Dual Class Shares:** * **Ordinary Shares (Face Value ₹1):** 1 vote per share. * **DVR Shares (Face Value ₹1):** 1 vote per **1,000** shares. * **Promoter Holding:** As of August 2024, Promoters held **7.07%**, with an expressed intent to increase this by **13%** through preferential allotments. --- ### Risk Management and Governance Framework GACM operates a structured risk mitigation framework overseen by the Board of Directors, focusing on the following areas: **Operational & Market Risks:** * **Client Concentration:** The company is actively diversifying its client base to mitigate the impact of losing any single major contract. * **Technological Obsolescence:** Continuous investment in **AI, Machine Learning, IoT, and Blockchain** to stay ahead of industry shifts. * **Liquidity & Credit Risk:** Managed through strict cash flow forecasting and dealing only with high-credit-rated counterparties. **Compliance & Cybersecurity:** * **Regulatory Oversight:** **M/s. A.K. Rastogi & Associates** serve as Secretarial Auditors through **FY 2029-30**. * **Insider Trading:** The company addressed a **2023** violation by a promoter entity (**GAYI ADI Holdings**) regarding the sale of shares, with the penalty paid to the **IPEF**. * **Data Security:** Implementation of **16-digit complex passwords**, **firewalls**, and **threat monitoring** to protect sensitive digital assets and client data. **Corporate Identity:** * **Registered Office:** Relocated in **February 2026** to **2nd Floor, Kavuri Hills, Hyderabad - 500033**. * **Dematerialization:** Over **99.7%** of all share classes are held in electronic form.