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Aurum PropTech rises on acquiring assets and technology platform from MYRE Capital

Aurum Proptech Ltd. | IT - Software | IT & ITES | BSE: 539289 | NSE: AURUM

03 May 2023 Evaluate

Aurum Proptech is currently trading at Rs. 118.00, up by 1.05 points or 0.90% from its previous closing of Rs. 116.95 on the BSE.

The scrip opened at Rs. 122.35 and has touched a high and low of Rs. 122.35 and Rs. 118.00 respectively. So far 5652 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 152.40 on 05-Sep-2022 and a 52 week low of Rs. 75.05 on 04-Jul-2022.

Last one week high and low of the scrip stood at Rs. 127.40 and Rs. 114.05 respectively. The current market cap of the company is Rs. 844.58 crore.

The promoters holding in the company stood at 50.34%, while Non-Institutions held 49.65% stake in the company.

Aurum PropTech has acquired the assets and technology platform from MYRE Capital and launched Aurum WiseX, a digital distribution vertical for Real Estate Investments.

Under Aurum WiseX, the first platform will be ‘YieldWiseX’, that will offer Commercial Real Estate (CRE) and Lease Rental Discounting (LRD) structured debt along with other innovative frameworks for its customers. As per the planned transition, the existing MYRE Capital team, tech stack, customers and partners will be migrated to the new vertical, Aurum WiseX. The team has a strong DNA with an emphasis on secured and curated investments.

Aurum WiseX will not only benefit from access to capital and resources but will also leverage collaborative opportunities within the robust Aurum PropTech ecosystem. The synergy between Aurum WiseX and Aurum PropTech’s portfolio companies will serve as a catalyst for innovation and growth thereby providing a unique value proposition for all stakeholders.

Aurum Proptech provides information technology services. The Company offers proprietary software solutions, IT consulting, application development, systems integration, application management outsourcing, testing, data warehousing, and business intelligence services.

Aurum Proptech Share Price

177.85 1.05 (0.59%)

17-Apr-2026 16:59 View Price Chart

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Aurum PropTech rises on acquiring assets and technology platform from MYRE Capital

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