logo

Aurum PropTech Transfers Shares to REA India for Complete PropTiger Acquisition

By Shishta Dutta | Published at: Sep 26, 2025 04:58 PM IST

Aurum PropTech Transfers Shares to REA India for Complete PropTiger Acquisition
Open Free Demat Account

By signing up I certify terms, conditions & privacy policy

Mumbai, September 26, 2025 – Aurum PropTech Limited (NSE: AURUM, BSE: 539289) has allotted a preferential allotment of 42,42,537 fully paid-up equity shares at ₹203.77 per share with a premium of ₹198 to REA India Pte Ltd, Singapore. The acquisition provides 100% holding in PropTiger Marketing Services Pvt Ltd, Bengaluru. Aurum PropTech shares increased more than 13% in early trade, hitting a high of ₹184.50, after the announcement.

Key Transaction Details

The allotment is value equivalent to an aggregate consideration of ₹86.45 crore and provides REA India a post-issue share holding of 5.54%. The shares were exchanged in terms of Chapter V of SEBI ICDR Regulations, 2018, and under the terms of lock-in as per regulatory guidelines.

Major Financial Details Regarding PropTiger

PropTiger, which was incorporated in the year 2014, offers consultancy, advisory, and facilitation of marketing services through the property platform. Its accounts depict a turnover of ₹85.35 crore for FY25 from ₹100.93 crore of FY24 because FY23 turnover was ₹82.60 crore. Paid-up capital as of March 31, 2025, was ₹77.46 lakh.

Strategic Rationale

Aurum PropTech added that the acquisition enhances its proptech ecosystem by bringing together PropTiger’s advisory and marketing strengths and capabilities with its current digital real estate platforms.

Stock Market Performance

The stock reacted favorably to the news, with the shares starting at ₹160.47 and reaching ₹181.72. At 1:03 pm IST, the stock settled down and was trading at ₹169.49, up 5.62%. The 52-week high and low of the stock is ₹144.40 and ₹264.80, with a market cap of ₹1,304.38 crore and a free-float market cap of ₹603.28 crore.

Listed in August 2015, Aurum PropTech is engaged in the activity of IT-enabled real estate services and technology-based solutions for property buying, selling, and financing. The company specialises in developing digital platforms for the real estate market with an aim to make property-related services effective for buyers, sellers, and investors.

REF:https://nsearchives.nseindia.com/corporate/AURUM_25092025195415_IntimationtoSE-Circular_Resolution1_Allotment.pdf

https://nsearchives.nseindia.com/corporate/AURUM_25092025194630_IntimationtoSE-Circular_Resolution1_Allotment.pdf

Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.

If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations

Desktop BannerMobile Banner
Invest Anytime, Anywhere
Play StoreApp Store
Open Free Demat Account Online

By signing up I certify terms, conditions & privacy policy