Aurum PropTech Clarifies EGM Details for PropTiger Acquisition via Share Issue Aug 18, 2025
Aurum PropTech Reports 29% Revenue Growth, Acquires PropTiger and Secures SM-REIT License Aug 01, 2025
Aurum PropTech Targets EBITDA Breakeven by FY26, Focuses on SaaS Growth and AI Implementation Jul 24, 2025
More news about Aurum PropTech
23Jul 25
Aurum PropTech Reshapes Leadership and Acquires PropTiger in Strategic Move
Aurum PropTech has approved three significant appointments: reappointment of statutory auditors, appointment of secretarial auditors, and elevation of Shrikant Jagtap to Deputy CFO. The company is acquiring PropTiger Marketing Services India in an all-stock deal worth INR 86.45 crore, issuing 42,42,537 shares to REA India Pte Limited. PropTiger's turnover grew from INR 64.27 crore in FY 2021-22 to INR 100.93 crore in FY 2023-24. An EGM is scheduled for August 21, 2025, for shareholder approval. The Board has also approved unaudited Financial Results for Q1 2025.
23Jul 25
Aurum PropTech Expands Ecosystem with PropTiger Acquisition and Key Appointments
Aurum PropTech has approved the acquisition of PropTiger Marketing Services India Private Limited in an all-stock deal valued at ₹86.45 crore. The acquisition aims to enhance Aurum's PropTech ecosystem. PropTiger's turnover increased from ₹64.27 crore in FY 2021-22 to ₹100.93 crore in FY 2023-24. Aurum also made key appointments, including reappointing statutory auditors and appointing a new Deputy CFO. The company will seek shareholder approval for the preferential issue related to the acquisition at an upcoming Extraordinary General Meeting.
23Jul 25
Aurum PropTech Reports 29% Revenue Growth in Q1, Appoints New Auditors and Deputy CFO
Aurum PropTech Limited reported a 29% year-on-year increase in Q1 consolidated total income, reaching ₹77.00 crores. The company saw improvements in profitability metrics with PBT margin improving by 850 bps and EBITDA margin by 820 bps. Segment-wise, the rental business grew by 31% and distribution by 36%. HelloWorld achieved 77% average occupancy across 17,900+ beds, while NestAway Lite recorded 1,053 bookings. Aurum Analytica generated ₹13.00 crores in revenue. The company received SEBI approval for AMSA SM REIT launch and appointed new statutory and secretarial auditors.
23Jul 25
Aurum PropTech Announces Strategic Acquisition of PropTiger and Key Appointments
Aurum PropTech approved the acquisition of PropTiger for ₹86.45 crore through an all-stock equity swap, expanding its proptech ecosystem. The company reappointed statutory auditors, appointed a secretarial auditor, and elevated Shrikant Jagtap to Deputy CFO. An EGM is scheduled for August 21 to approve the preferential issue of shares related to the PropTiger acquisition.
23Jul 25
Aurum PropTech to Acquire PropTiger in ₹86.45 Crore All-Stock Deal
Aurum PropTech Limited is set to acquire PropTiger Marketing Services India Private Limited, a leading online real estate brokerage firm, in an all-stock deal worth ₹86.45 crore. The acquisition involves issuing 42,42,537 equity shares of Aurum PropTech to REA India Pte Limited, Singapore, which will hold a 5.54% stake post-acquisition. PropTiger reported a turnover of ₹100.93 crore for FY 2023-24, showing a 23% CAGR over the past three years. The deal aims to strengthen Aurum's position in the proptech ecosystem, offering enhanced technology enablement, smarter tools for homebuyers and sellers, and end-to-end support for developers and channel partners. The acquisition is subject to shareholder and regulatory approvals.
Aurum PropTech reported a reduced net loss of ₹94.00 million in Q1, with revenue increasing to ₹684.00 million. The company announced the acquisition of PropTiger Marketing Services India Private Limited for ₹86.45 crore through an all-stock deal. Aurum will issue 4,242,537 equity shares to REA India, which will become a 5.54% shareholder in Aurum PropTech. PropTiger brings a team of over 350 members and strong technology infrastructure to Aurum's portfolio. The acquisition aims to enhance Aurum's capabilities in the residential real estate sector and create synergies across its ecosystem.
20Jul 25
Aurum PropTech Secures SEBI Approval for AMSA Small and Medium REIT
Aurum PropTech's subsidiary, Bonds Brain Technologies, has obtained SEBI approval to register 'Amsa Small and Medium Real Estate Investment Trust' (SM-REIT). This allows investment in commercial spaces with 100% leased assets, ranging from ₹50-500 crore, with a minimum investment of ₹10 lakh. The SM-REIT will be listed on BSE and NSE. Industry estimates project 350 million sq. ft. of commercial office space by FY26, with 70% in Mumbai, Delhi NCR, and Bengaluru. Aurum PropTech plans to use AI-driven digital distribution for property marketing and investor engagement.
Aurum Proptech Ltd. reported a consolidated net loss of ₹72.00 million in Q4, up from ₹46.50 million last year. Revenue increased 17.73% to ₹704.00 million. The company's board approved a fund-raising plan of up to ₹600.00 crore. Annual revenue for FY2024 grew 67.58% to ₹233.10 crore, but net loss increased to ₹66.00 crore. Despite revenue growth, the company faces profitability challenges.
25Apr 25
Aurum Proptech Unveils Ambitious 6 Billion Rupee Fund Raising Plan
Aurum Proptech's board has approved raising up to ₹600 crore through various means including equity shares and convertible securities. The company plans to use methods such as qualified institutions placement, preferential allotment, rights issues, or follow-on public offering. Additionally, Mr. Ashish Deora, founder of Aurum Ventures, has been appointed as an Additional Director in a Non-Executive, Non-Independent capacity, effective April 30, 2025.
25Apr 25
Aurum Proptech Reports Q4 EBITDA Growth Amid Wider Loss and ₹600 Crore Fund Raise Plan
Aurum Proptech reported mixed Q4 results with increased revenue and EBITDA but wider net loss. The company plans to raise ₹600 crore through various means and appointed Ashish Deora as Additional Director. The Board also allotted 125,500 equity shares under its Employee Stock Option Plan.
22Apr 25
Aurum Proptech to Explore Fundraising Options in Upcoming Board Meeting
Aurum Proptech Limited has scheduled a board meeting for April 25, 2025, to explore various fundraising strategies. The board will consider issuing equity shares, preferential issues, QIP, FPO, rights issue, ADRs/GDRs, and FCCBs. These initiatives may be executed through public or private offerings, subject to regulatory and shareholder approvals.