Aurum PropTech to acquire Housing.com parent Locon via share swap

Listed Co AcquisitionStrategic Transactions View source PDF Explain this filing

AURUM · price

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Price reactionminutes from the announcement price · days from the prior close

-4.6%Reaction day

₹251.51

prior close

₹245.35

announcement price

In-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used-0.5%-4.1% vs market

IT Enabled Services peers, median of 74sector+0.0%-4.6% vs sector

On the reaction day the stock moved 4.1 pts less than Nifty Microcap 250 and 4.6 pts less than its IT Enabled Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Sessions after the filingfrom the prior close

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Reaction day

-4.6-0.5-4.1+0.0-4.6

Next day

-5.2-1.5-3.7-1.1-4.1

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UpDownMarket · Nifty Microcap 250Sector · IT Enabled Services peers, median of 74Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Aurum PropTech's board approved acquiring 100% of Locon Solutions (owner of Housing.com) from REA India for about 458 crores via share swap. Aurum will issue 1.97 crore equity shares at 231.42 per share to REA, raising REA's stake from 5.54% to 24.90%. Also, 51 lakh convertible warrants will be issued to promoter at 231.42 per warrant, about 118 crores. EGM on August 14, 2026. Expected completion by September 30, 2026. Locon's FY25 turnover was 687.46 cr.

Likely market impact

Transformative deal bringing Housing.com into Aurum's ecosystem. Significant dilution expected with REA's stake rising to 24.9%, but no cash outflow as it's a share swap.