Valuation addendum leaves REA preferential issue terms unchanged

Listed-company acquisitionStrategic Transactions View source PDF Explain this filing

AURUM · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

-0.3%Reaction day

₹172.70

prior close

₹172.51

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.8%-1.0% vs market

IT Enabled Services peers, median of 67sector-0.2%-0.1% vs sector

On the reaction day the stock moved 1.0 pts less than Nifty Microcap 250 and 0.1 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

Stock

+0.3

10m

+0.3

15m

+0.0

30m

-0.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.3+0.8-1.0-0.2-0.1

Next day

-1.3+1.3-2.7+0.2-1.5

+0.5+2.0-1.5+0.5-0.0

-1.8+1.7-3.5+0.9-2.7

-2.2+2.1-4.3+0.2-2.5

-1.0+1.3-2.3-0.1-0.8

-4.1+0.7-4.8-1.4-2.7

15d

-2.3-1.6-0.7-2.8+0.5

-3.9-1.7-2.2-2.4-1.4

-4.5-0.2-4.2-3.6-0.9

-0.1-5.4+5.3-6.2+6.1

UpDownMarket · Nifty Microcap 250Sector · IT Enabled Services peers, median of 67Pending

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

AI summary

Aurum PropTech will issue 4,242,537 equity shares of INR 5 each to REA India in an all-stock swap for 100% of PropTiger Marketing Services. The valuer confirmed its valuation of INR 203.769584 per share after DCF analysis indicated a lower value. Terms remain unchanged, and the shareholder approval is unaffected. Exchange approval is still pending.

Likely market impact

Issue terms are unchanged, but the stock-swap acquisition and potential dilution remain subject to exchange approval.