DP Global Wealth Management LLP and Vikas Kataria made an open offer for 26% of AMPL Capital (formerly Credent Global Finance) at ₹30 per share. AMPL Capital reported a profit turnaround in FY26.
AMPL Capital Faces Open Offer Post-Profit Turnaround
AMPL Capital Limited, formerly known as Credent Global Finance Limited, has received an open offer from DP Global Wealth Management LLP and Mr. Vikas Kataria (along with Ms. Supriya Kataria). This move is a direct consequence of the acquirers' purchase of shares, adhering to SEBI (SAST) Regulations, 2011.
The open offer is for up to 1,59,79,920 equity shares, representing 26% of the company's total equity share capital. The offer price is set at INR 30 per share.
What just happened
DP Global Wealth Management LLP and Mr. Vikas Kataria are making an open offer to acquire 26% of AMPL Capital.
Why this matters
This signifies a significant corporate action and a potential change in control, offering shareholders an exit opportunity at a specified price.
Reader Takeaway: Open offer provides exit at ₹30; company turned profitable in FY26.
The backstory
AMPL Capital, previously Credent Global Finance, has seen a notable financial shift. For the financial year ended March 31, 2026, the company reported a profit after tax (PAT) of ₹1.34 crore (133.56 lakh). This is a significant turnaround from the previous financial year, FY 2025, when it recorded a net loss of ₹0.01 crore (1.31 lakh).
Despite the profitability turnaround, the company's revenue from operations saw a slight dip in FY 2026, standing at ₹12.37 crore (1237.06 lakh) compared to ₹14.66 crore (1465.77 lakh) in FY 2025. The net worth also decreased slightly from ₹74.73 crore in FY 2025 to ₹72.76 crore in FY 2026.
The acquirer's financials
DP Global Wealth Management LLP, the lead acquirer, reported total income of ₹1.34 crore for the period ending June 27, 2026. However, it registered a net loss of ₹1.99 crore during the same period. Its partners' funds stood at ₹16.41 crore.
What changes now
Shareholders of AMPL Capital will have the option to tender their shares in the open offer at the price of INR 30 per share. The company's recent profitability might influence shareholder decisions regarding the offer.
Risks to watch
Investors need to carefully evaluate the offer price against the company's future prospects and the potential for competing offers. The acquirer's own financial performance might also be a point of consideration.
Peer comparison
(No specific peer comparison data was provided in the filing.)
Context metrics (time-bound)
- AMPL Capital Net Income (PAT):
- FY 2026: ₹1.34 crore
- FY 2025: -₹0.01 crore
- AMPL Capital Revenue from Operations:
- FY 2026: ₹12.37 crore
- FY 2025: ₹14.66 crore
- Open Offer Size: 26% of total equity share capital at INR 30 per share.
What to track next
Investors should closely follow the official schedule of the open offer, including the offer opening and closing dates, as well as any further announcements from SEBI or the company regarding the transaction.