Aurum PropTech Q4FY26: CARE Ratings Monitoring Report Shows Rs.337.47 Crores Proceeds
CARE Ratings Limited released the monitoring agency report for Aurum PropTech's Q4FY26 rights issue proceeds utilization. The company received Rs.337.47 crores in net proceeds from the Rs.343.56 crores rights issue, with Rs.299.90 crores utilized across revised objects and Rs.37.57 crores remaining unutilized but properly deployed in fixed deposits.

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Aurum PropTech Limited has submitted its Monitoring Agency Report for the quarter ended March 31, 2026, issued by CARE Ratings Limited under SEBI Regulation 32(6) and SEBI ICDR Regulations 82(2). The report provides comprehensive details on the utilization of proceeds from the company's rights issue.
Rights Issue Proceeds Overview
The company's rights issue, originally valued at Rs.343.56 crores, has generated net proceeds of Rs.337.47 crores after accounting for issue expenses of Rs.4.10 crores. The monitoring report reveals that Rs.1.60 crores remains pending from shareholders as of March 31, 2026.
| Rights Issue Summary: | Amount (Rs. Crores) |
|---|---|
| Original Issue Size: | 343.56 |
| Total Subscriptions Received: | 341.57 |
| Issue Expenses: | 4.10 |
| Net Proceeds: | 337.47 |
| Pending from Shareholders: | 1.60 |
The rights issue comprised 4,29,44,533 equity shares at Rs.80 per share, with a structured payment mechanism including initial subscription, first call, and final call periods spanning from April 2022 to April 2025.
Fund Utilization Progress
CARE Ratings Limited reported that Rs.299.90 crores has been utilized across various objects as of March 31, 2026, leaving Rs.37.57 crores unutilized. The utilization pattern shows strategic deployment across revised objects approved through shareholder resolutions.
| Object-wise Utilization: | Revised Budget (Rs. Crores) | Utilized (Rs. Crores) | Remaining |
|---|---|---|---|
| Product Development: | 13.87 | 8.77 | 5.10 |
| Product Marketing: | 10.41 | 3.21 | 7.20 |
| Identified Investments: | 196.12 | 169.38 | 26.74 |
| Inorganic Growth & GCP: | 118.67 | 118.55 | 0.12 |
During Q4FY26, the company utilized Rs.18.96 crores across objects, with significant deployment in identified investments (Rs.17.76 crores) and product development activities (Rs.0.55 crores).
Compliance and Fund Deployment
The monitoring agency noted that the company has addressed previous compliance issues. In Q3FY26, a deviation was reported as Aurum PropTech had invested unutilized proceeds in mutual funds, which violated SEBI ICDR regulations requiring temporary parking only with scheduled commercial banks. The company rectified this by January 23, 2026, moving all funds to fixed deposits with Axis Bank.
| Current Fund Deployment: | Amount (Rs. Crores) | Interest Rate |
|---|---|---|
| Monitoring Account - Axis Bank: | 0.02 | -- |
| Fixed Deposits - Axis Bank: | 40.00 | 6.10% |
| Additional Fixed Deposits: | 0.94 | 5.75% |
| Total Parked Amount: | 40.96 | -- |
The surplus of Rs.3.39 crores (Rs.40.96 crores parked versus Rs.37.57 crores unutilized) represents returns from temporary investments, capital gains, and interest income from arrear call payments.
Shareholder Approvals and Timeline Revisions
The company obtained multiple shareholder approvals through special resolutions to modify objects and timelines. Key approvals include addition of entities like Bondsbrain Technologies Private Limited, NestAway PropTech MENA LLC, and PropTiger Marketing Services Private Limited under identified investments.
CARE Ratings confirmed that while original timelines from the Letter of Offer have been exceeded, the company has obtained necessary board resolutions dated January 18, 2024, and January 20, 2025, to reschedule deployment to fiscal years 2025-26 and 2026-27.
The monitoring agency report indicates no current deviations from approved objects, with the company maintaining compliance with SEBI regulations for rights issue proceeds utilization.
Historical Stock Returns for Aurum PropTech
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.14% | -0.35% | +4.42% | +5.85% | -2.19% | +220.80% |
How will Aurum PropTech's strategic investments in Bondsbrain Technologies and NestAway PropTech MENA impact its competitive position in the PropTech market?
What are the potential market implications if the remaining Rs.1.60 crores from shareholders remains uncollected beyond the extended timeline?
Will the company's shift from product marketing to identified investments signal a change in its growth strategy for FY27?


































