Justo Realfintech Limited IPO
BSE SMEListed On: Oct 1, 2025 at ₹ 126.9
₹ 254000 /2000 Shares
*Min Investment
24 Sep, 2025
Open Date26 Sep, 2025
Close Date29 Sep, 2025
Allotment Date01 Oct, 2025
Listing DateJusto Realfintech IPO Live Subscription Details
View Subscription DetailsJusto Realfintech IPO Issue Details
- Issue Price ₹120-₹127 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 49,61,000 shares(aggregating up to ₹63 crore)
- Fresh Share 49,61,000 shares(aggregating up to ₹63 crore)
- Listing at BSE SME
- List Price 126.9
- Listing Date 2025-10-01
- Lead Manager Vivro Financial Services Pvt.Ltd.
- Registrar Purva Sharegistry (India) 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 |
| BHNI(min) | 3 | 8000 | ₹10,16,000 |
Justo Realfintech IPO Reservation
Justo Realfintech IPO offers total 4,961,000 shares. Out of which 942,000 (NA%) allocated to QIB, 708,000 (NA%) allocated to NII,1,650,000 (NA%) allocated to RII, NA (NA%) allocated to employees and 14,10,000 (NA%) allocated to 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%) | |
| bNII < ₹10L | 471,000 (9.6%) | |
| sNII < ₹10L | 237,000 (4.81%) | |
| Individual Shares Offered | 1,650,000 (NA%) | |
| Total Shares Offered | 4,961,000 (100%) |
Justo Realfintech IPO Documents
Justo Realfintech IPO Details
Justo Realfintech Limited IPO is an SME IPO, priced at ₹120-₹127 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 49,61,000 equity shares, aggregating up to ₹63 crores..
The IPO bidding window is open from Sep 24, 2025 to Sep 26, 2025. The allotment is expected to be finalized on Sep 29, 2025, and the tentative listing date is Oct 1, 2025.
The minimum lot size for Individual investors is 2000 shares, with a minimum investment of ₹2,54,000.
Vivro Financial Services Pvt.Ltd. is acting as the lead manager to the issue. The registrar of the IPO is Purva Sharegistry (India) Pvt.Ltd., and Rikhav Securities Ltd. will act as the market maker for this issue.
Justo Realfintech IPO Subscription Analysis And Details
| 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 |
Justo Realfintech Valuations
Justo Realfintech Company Financials
| 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 |
About Justo Realfintech Company
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
Pre Issue Share Holding : 51.87%
Post Issue Share Holding : %
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 Details
Justo Realfintech
801/802, 8th Floor, EL Tara Building, Powai, Off. Orchard Avenue, Hiranandani Gardens, Mumbai, Maharashtra, 400076
+91-22 3513 4314
Registrar Contact Details
Purva Sharegistry (India) Pvt.Ltd.
+91-022-23018261/ 23016761
Justo Realfintech IPO - FAQs
Ans. Justo Realfintech Limited IPO is a SME IPO. The issue is priced at ₹120-₹127 per equity share. The minimum order quantity is 1000 Shares. The IPO opens on Sep 24, 2025, and closes on Sep 26, 2025. Purva Sharegistry (India) Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Justo Realfintech Limited IPO opens on Sep 24, 2025 and closes on Sep 26, 2025.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Justo Realfintech Limited IPO is 49,61,000 shares (aggregating up to ₹63.00 Cr).
Ans. The Justo Realfintech Limited IPO price band is set between ₹120-₹127 per equity share.
Ans. To apply for Justo Realfintech Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Justo Realfintech Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Justo Realfintech Limited IPO is Sep 29, 2025.
Ans. The Justo Realfintech Limited IPO will be listed on Oct 1, 2025.
Ans. Follow the steps to check the Justo Realfintech Limited IPO allotment status online.
