Announced Thu, 16 Jul · 12:10 IST
Aurum PropTech to acquire Housing.com for INR 458 Cr via share swap
AURUM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-5.2%1-day move
₹251.51
prior close
₹249.11
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.0-1.6-1.7-1.3-5.2-6.7-9.3-9.7-10.0-8.5————
Up moveDown movePending
AI summary
Aurum PropTech's board approved acquiring 100% of Locon Solutions (owner of Housing.com) from REA India for INR 458.05 Cr via share swap. The company will issue 1.97 Cr equity shares to REA at INR 231.42 per share, raising REA's stake from 5.54% to 24.90%. Additionally, 51 lakh convertible warrants will be issued to promoter Aurum RealEstate Developers at INR 231.42 each (about INR 118 Cr). Housing.com had FY25 turnover of INR 687.46 Cr. EGM on August 14, 2026.
Likely market impact
Major acquisition brings Housing.com under Aurum; REA becomes key shareholder at 24.9%, diluting promoter stake to 41.17% on full warrant conversion.