Aurum PropTech Limited has informed the Exchange regarding allotment of 4242537 securities pursuant to Preferential Issue at its meeting held on September 25, 2025
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Aurum PropTech has allotted 42,42,537 equity shares (face value INR 5) to REA India Pte Limited, Singapore at INR 203.77 per share, totalling about INR 86.45 crore. This is a share-swap deal, not a cash transaction, used to acquire 100% of PropTiger Marketing Services Private Limited, a Bengaluru-based real estate marketing and advisory firm with FY25 turnover of INR 85.35 crore. After the allotment, REA India will hold 5.54% in Aurum PropTech. The newly issued shares will carry standard SEBI lock-in restrictions, and the deal was approved by shareholders on August 21, 2025.
Existing shareholders face a modest dilution of around 5.54% from the new equity issued to REA India, but the acquisition strengthens Aurum PropTech's PropTech ecosystem by bringing in PropTiger's real estate marketing business and a strategic global investor. The deal is non-cash, so it does not strain the company's balance sheet, though the locked-in shares limit near-term supply pressure.