₹343.56 Crores | Listing at BSE, NSE | Tue, Apr 26, 2022 - Tue, May 10, 2022
Aurum PropTech Limited Rights Issue comprises 4.29 Cr equity shares aggregating to ₹343.56 Cr, offered at an issue price of ₹80 per share with a face value of ₹5 per share.
The record date for determining eligible shareholders is Apr 14, 2022.
As per the terms of payment, ₹80 per share payable on application, with the balance payable in call(s).
The Rights Entitlements are expected to be credited to eligible demat accounts on Apr 25, 2022.
The Rights Issue opens on Apr 26, 2022, and closes on May 10, 2022, with renunciation of Rights Entitlements permitted up to May 5, 2022.
The deemed date of allotment is May 18, 2022, following which the equity shares are expected to be credited to demat accounts on May 20, 2022 and listed on NSE and BSE on May 23, 2022.
Dam Capital Advisors Ltd. is the Lead Manager to the issue and Kfin Technologies Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Aurum PropTech Limited Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Thu, Apr 14, 2022
Entitlement Ratio
:
Open Date
Tue, Apr 26, 2022
Close Date
Tue, May 10, 2022
| Particulars | For the year/period ended (Rs in Lakhs) | ||||
|---|---|---|---|---|---|
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |||
| Total Assets | 18,951 | 1,24,755 | 1,14,093 | ||
| Total Revenue | 5,325 | 1,839 | 3,333 | ||
| Profit After Tax | 2,36,809 | 528 | 1,399 | ||
Incorporated in 2015, Aurum PropTech Ltd is a Software Technology and Service based company that engages in the business of developing and providing digital technology products, services, and platforms for the real estate industry. The company operates and builds PropTech products, services and platforms that are focused on the B2B, B2C, B2B2C and D2C Real Estate Value Chains. PropTech business operates through the following technology platforms Aurum Listing, Aurum Crex, Sell.do Kylas, and BeyondWalls.
The Net Proceeds from the Issue are proposed to be utilized by the Company for the following objects:
[Dilip Davda] The company has posted erratic financial performances. The counter is well operated by vested interests to lure investors to RI subscriptions. Based on its current trading price, prudent shareholders should sell their current holding and apply for RI to expand their holding. Read detail review...
Aurum PropTech Limited
Aurum Building Q1,
Gen-4/1, TTC Industrial Area, Thane Belapur Road,
Ghansoli, Navi Mumbai, Thane, Maharashtra - 400710
Navi Mumbai, Maharashtra, 400710
The Aurum PropTech Rights Issue 2022 opens on Tue, Apr 26, 2022, and closes on Tue, May 10, 2022.
Aurum PropTech Rights Issue 2022 Schedule
| Last Date for credit of Rights Entitlements | Mon, Apr 25, 2022 |
| Last Date for renunciation of Rights Entitlements | Thu, May 5, 2022 |
| Issue Opening Date | Tue, Apr 26, 2022 |
| Issue Closing Date | Tue, May 10, 2022 |
| Date of Allotment (on or about) | Wed, May 18, 2022 |
| Date of Credit (on or about) | Fri, May 20, 2022 |
| Date of Listing (on or about) | Mon, May 23, 2022 |
You can apply for Aurum PropTech Rights Issue 2022 in two ways:
Steps to apply for Aurum PropTech Rights Issue 2022 using Net Banking (ASBA)
Steps to apply for Aurum PropTech Rights Issue 2022 using Registrar's website (R-WAP)
