Justo Realfintech IPO
Justo Realfintech is a BSE SME IPO listed on the BSE SME platform, priced at ₹120–₹127 per share. The stock debuted at ₹126.9 with a flat listing performance. The IPO had a lot size of ₹1000 shares and a minimum investment of ₹2,54,000.
Justo Realfintech Limited IPO
- IPO Dates
- Sep 24, 2025 – Sep 26, 2025
- Price band
- ₹120-127 per equity share
- Minimum Investment
- ₹2,54,000
- Issue size
- ₹63 Cr
- Lot size
- 1000
- Allotment Date
- Sep 29, 2025
- Listing
- Oct 1, 2025
- Listing At
- BSE SME
IPO timeline
-
Sep 24, 2025
Open Date
Completed
-
Sep 26, 2025
Close Date
Completed
-
Sep 29, 2025
Allotment Date
Completed
-
Oct 1, 2025
Listing Date
Completed
Justo Realfintech IPO Subscription Details
View Subscription DetailsJusto Realfintech IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.
Last updated:Justo Realfintech IPO Essentials
Justo Realfintech IPO Details
Justo Realfintech IPO is priced at ₹120-127 per share with a total issue size of 63 crore. The IPO has a lot size of 1000 shares and is listed on BSE SME.
- Issue price
- ₹120-₹127 per equity share
- Lot size
- 1000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 49,61,000 shares (aggregating up to ₹63.00 Cr)
- Total issue size
- 49,61,000 shares
(aggregating up to ₹63 crore) - Fresh issue
- 49,61,000 shares
(aggregating up to ₹63 crore) - Listing at
- BSE SME
- List price
- 126.9
- Listing date
- Registrar
- Purva Sharegistry (India) Pvt.Ltd.
- Lead manager
-
Vivro Financial Services Pvt.Ltd.
Market Lot Size
Investors can bid for a minimum of 2000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual (min) | 2 | 2000 | ₹2,54,000 |
| Individual(max) | 2 | 2000 | ₹2,54,000 |
| sHNI(min) | 3 | 3000 | ₹3,81,000 |
| sHNI(max) | 3 | 7000 | ₹8,89,000 |
| sHNI(min) | 3 | 8000 | ₹10,16,000 |
Justo Realfintech IPO Documents
Justo Realfintech IPO Reservation
Justo Realfintech IPO reservation details show category-wise allocation of shares. Out of the total 4,961,000 shares, approximately 0% are reserved for QIB, 0% for NII, 0% for retail investors, 0% for market maker, and 0% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 14,10,000 (NA%) | |
| Market Maker Shares Offered | 251,000 (NA%) | |
| QIB Shares Offered | 942,000 (NA%) | |
| NII (HNI) Shares Offered | 708,000 (NA%) | |
| bHNI > ₹10L | 471,000 (9.6%) | 157 |
| sHNI < ₹10L | 237,000 (4.81%) | 79 |
| Individual Shares Offered | 1,650,000 (NA%) | 825 |
| Total Shares Offered | 4,961,000 (100%) |
Justo Realfintech IPO Analytics
Justo Realfintech IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Justo Realfintech IPO Subscription Status
Justo Realfintech IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO is currently subscribed 4.65x, indicating moderate demand across investor categories.
| As on | QIB / NII | Individual | Total |
|---|---|---|---|
| Shares Offered / Reserved | 9,42,000 / 7,08,000 | 16,50,000 | 33,00,000 |
|
Day 1
24-09-25 06:00 PM
|
(1.59 / 1.30) x | 0.22 x | 0.84 x |
|
Day 2
25-09-25 06:00 PM
|
(1.96 / 1.89) x | 0.48 x | 1.20 x |
|
Day 3
26-09-25 06:00 PM
|
(7.21 / 6.81) x | 2.10 x | 4.57 x |
|
Total No. of Applications
|
bHNI | sHNI | Individual |
|---|---|---|---|
| 2382 (Approx) | 2.45x | 3.15x | 2.1x |
Justo Realfintech Valuations
Earnings
- EPS Pre IPO
- ₹10.99
- EPS Post IPO
- ₹8.09
- P/E Pre IPO
- 11.55
- P/E Post IPO
- 15.69
Returns
- ROE
- 38.84%
- ROCE
- 44.18%
- RoNW
- 38.84%
- PAT Margin
- 18.63%
Fundamentals
- Debt / Equity
- 0.32
- Price / Book
- 3.42
Justo Realfintech Financials( In Crs.)
| 31-Mar-25 | 31-Mar-24 | 31-Mar-23 | |
|---|---|---|---|
| Assets | 76.28 | 41.77 | 32.62 |
| Revenue | 81.64 | 59.45 | 70.55 |
| Profit After Tax | 15.21 | 6.69 | 15.30 |
| Net Worth | 51.40 | 26.92 | 20.31 |
| Reserves & Surplus | 38.57 | 26.93 | 20.23 |
| Total Borrowing | 16.23 | 2.31 | 3.61 |
Justo Realfintech Company & Offer Insights
About Justo Realfintech
Founded in 2019, Justo Realfintech Limited specializes in offering full-service real estate solutions, including sales, marketing, funding, and project planning services, aimed primarily at mid-ticket residential projects.
Since their incorporation, they have helped real estate developers sell schemes valued over ₹8,15,000 lakhs, covering more than 11,250 units as of March 31, 2025. They have 37 active mandates with real estate projects in the cities of Pune, Mumbai, and Nashik as of August 31, 2025.
The company started functioning in metropolitan cities such as Mumbai, Navi Mumbai, Pune, Bhubaneshwar, Kolhapur, Aurangabad, and Nashik. Justo Realfintech aims to grow its sales pipeline to 8.5 million sq ft in the next two years and expand to new markets including Hyderabad, Bengaluru, and select cities in Andhra Pradesh, Karnataka, Tamil Nadu, and Dubai.
Business Model:
- Launch Projects
- Sustenance Projects
As of August 31, 2025, there were 331 employees working in the company across different departments.
Justo Realfintech Promoter(s)
Puspamitra Das are the company's promoters of Justo Realfintech.
Justo Realfintech IPO Issue Objectives
- •
- Utilization towards working capital requirements of the Company – 365.00 (in Millions)
- •
- Funding investment in IT infrastructure and development of technological platform – 63.00 (in Millions)
- •
- Repayment of a portion of certain outstanding borrowings availed by the Company – 50.00 (in Millions)
- •
- General Corporate Purposes
Contact Information
Contact Details
Justo Realfintech
+91-22 3513 4314
801/802, 8th Floor, EL Tara Building, Powai, Off. Orchard Avenue, Hiranandani Gardens, Mumbai, Maharashtra, 400076
Registrar Contact Details
Purva Sharegistry (India) Pvt.Ltd.
+91-022-23018261/ 23016761
Frequently Asked Questions
Click any question to reveal the answer
Justo Realfintech IPO is a book-built IPO worth ₹63 crore. The price band is ₹120–₹127 per share. The IPO opens on Sep 24, 2025 and closes on Sep 26, 2025. It will be listed on BSE SME Platform. Purva Sharegistry (India) Pvt. Ltd. is the registrar.
The price band of Justo Realfintech IPO is ₹120 to ₹127 per share.
The lot size of Justo Realfintech IPO is 1000 shares.
The minimum investment for Justo Realfintech IPO is approximately ₹2,54,000 based on the upper price band .
Justo Realfintech IPO opens on Sep 24, 2025 and closes on Sep 26, 2025.
The allotment date of Justo Realfintech IPO is Sep 29, 2025.
Justo Realfintech IPO is expected to be listed on Oct 1, 2025, on BSE SME Platform.
Justo Realfintech IPO valuation snapshot: P/E 15.69, EPS ₹8.09, P/B 3.42, RoNW 38.84%, and market cap N/A.
To apply for Justo Realfintech IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Justo Realfintech IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Justo Realfintech IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Justo Realfintech IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Justo Realfintech IPO allotment status on IPO Ji for quick and easy access.