Aurum PropTech to acquire Housing.com for ₹458 Crore via share issuance
Aurum PropTech will acquire Housing.com for ₹458.06 Crore by issuing 1.97 Crore equity shares to REA India. The company will also issue 51 Lakh warrants to promoter Aurum RealEstate Developers. An EGM is scheduled for August 14, 2026, to approve the deal, which is expected to close by September 30, 2026.
The acquisition of a significant player like Housing.com and the substantial share issuance represent a major strategic shift and financial transaction for Aurum PropTech, likely to have a high impact on its business operations and market valuation.
The acquisition of Housing.com and the associated preferential issuance of shares and warrants are strategic moves expected to enhance the company's market position and integrated platform, indicating a positive outlook.
Aurum PropTech Limited has announced a significant strategic move to acquire 100% of Locon Solutions Private Limited, the owner of Housing.com, for a total consideration of ₹458.06 Crore. This acquisition will be funded through a preferential issuance of 1,97,93,309 equity shares to REA India Pte Limited, Singapore.
The company also approved the issuance of 51,00,000 Fully Convertible Warrants to its promoter, Aurum RealEstate Developers Limited, on a preferential basis. Each warrant, priced at ₹231.42, carries the right to subscribe to one equity share. Furthermore, the Board approved the alteration of the Articles of Association to incorporate tag-along rights, primarily benefiting REA India Pte Limited.
An Extraordinary General Meeting (EGM) is scheduled for August 14, 2026, to seek shareholder approval for these transactions. The acquisition, which aims to integrate Housing.com into the Aurum PropTech ecosystem to create a unified AI and data architecture for the real estate sector, is expected to be completed before September 30, 2026. Locon Solutions Private Limited reported a turnover of ₹687.46 Crore for the financial year ended March 31, 2025.
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Aurum PropTech Limited filed this with the NSE as a statutory disclosure, categorised under acquisition. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Aurum PropTech Limited. Read the original for the full detail.