Justo Realfintech Limited – IPO
Justo Realfintech Limited – IPO Details
| IPO Date | September 24, 2025 to September 26, 2025 |
| Listing Date | October 1, 2025 |
| Face Value | ₹ 10 / Share |
| Price Band | ₹ 120 to ₹ 127 / Share |
| Lot Size | 1000 Shares |
| Total Issue Size | 49,61,000 shares (Aggregating up to ₹63.00 Cr) |
| Fresh Issue | |
| Offer for Sale | |
| Employee Discount | |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share holding pre issue | 1,38,37,142 shares |
| Share holding post issue | 1,87,98,142 shares |
| Market Maker portion |
Justo Realfintech Limited Timeline (Tentative Schedule)
Justo Realfintech Limited IPO opens on September 24, 2025, and closes on September 26, 2025.
| IPO Open Date | September 24, 2025 |
| IPO Close Date | September 26, 2025 |
| Basis of Allotment | September 29, 2025 |
| Initiation of Refunds | September 30, 2025 |
| Credit of Shares to Demat | September 30, 2025 |
| Listing Date | October 1, 2025 |
| Cut-off time for UPI mandate confirmation | September 26, 2025 |
Justo Realfintech Limited IPO Lot Size
Investors can bid for a minimum of 2,000 shares and in multiples of 1,000 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | Rs.254,000 |
| Retail (Max) | 2 | 2,000 | Rs.254,000 |
| S-HNI (Min) | 3 | 3,000 | Rs.381,000 |
| S-HNI (Max) | 7 | 7,000 | Rs.889,000 |
| B-HNI (Min) | 8 | 8,000 | Rs.1,016,000 |
| HNI (Min) |
Justo Realfintech Limited IPO Promoter Holding
| Share Holding Pre Issue | 51.87% |
| Share Holding Post Issue |
Justo Realfintech Limited IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | |
|
| Other Shares Offered | |
|
| QIB Shares Offered | Not more than 50% |
|
| NII (HNI) Shares Offered | Not less than 15% |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | Not less than 35% |
|
| Employee Shares Offered | |
|
| Total Shares Offered | |
Justo Realfintech Limited IPO Anchor Investors Details
| Bid Date | |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | |
| Anchor lock-in period end date for 50% shares (30 Days) | |
| Anchor lock-in period end date for remaining shares (90 Days) |
About Justo Realfintech Limited
Incorporated in 2019, Justo Realfintech Limited is a complete mandate real estate company. The firm is headquartered in Maharashtra with offices in Pune, Mumbai Metropolitan Region ("MMR"), and Nashik, along with a presence in Aurangabad and Kolhapur. The business model of the firm is based on providing a large spectrum of services, including advisory, sales strategy, marketing, CRM, and financing solutions. It takes care of the entire customer journey in real estate transactions — from the initial inquiry to the ultimate transaction — so that developers can concentrate on approvals and property development. Since its incorporation, the company has enabled real estate developers to sell projects exceeding Rs 8,15,000 lakhs, spanning over 11,250 units as on March 31, 2025. As of August 31, 2025, it has active mandates for 37 real estate projects in Pune, Mumbai, and Nashik.
As of August 31, 2025, the company had a total of 331 employees in various departments.
Competitive Strengths:
Large and strong network of Channel Partners (CPs)
Tailor-made combined technology platform serving as a driver of operational excellence
Marketing and sales capabilities underpinned by operational effectiveness
Proven Leadership Team with High Execution Skills
Key Performance Indicator
The market capitalization of Justo Realfintech IPO is ₹238.74 Cr.
| KPI | Values |
|---|---|
| ROE | 38.84% |
| ROCE | 44.18% |
| Debt/Equity | 0.32 |
| RoNW | 38.84% |
| P/BV | 3.42 |
| PAT Margin (%) | 18.63% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 10.99 | 8.09 |
| P/E (x) | 11.55 | 15.69 |
Note:
- The Pre IPO EPS is calculated based on Pre issue shareholding as on the date of RHP and the latest FY earnings as of March 31, 2025, that is available in RHP.
- The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2025, which is available in RHP.
Objects of the Issue (Justo Realfintech Limited IPO Objectives)
Justo Realfintech Limited Contact Details
Justo Realfintech Ltd. 801/802, 8th Floor, EL Tara Building, Powai, Off. Orchard Avenue, Hiranandani Gardens, Mumbai, Maharashtra, 400076 Phone: +91-22 3513 4314 Email: [email protected] Website: http://www.justo.co.in/ |
Justo Realfintech Limited IPO Registrar
Purva Sharegistry (India) Pvt.Ltd. Phone: +91-022-23018261/ 23016761 Email: [email protected] Website: https://www.purvashare.com/investor-service/ipo-query |