Justo Realfintech Limited IPO

BSE SME

Offer Date: Sep 24, 2025 - Sep 26, 2025

₹ 127000 /1000 Shares

Justo Realfintech IPO Details

24 Sep, 2025

Open Date

26 Sep, 2025

Close Date

29 Sep, 2025

Allotment Date

01 Oct, 2025

Listing Date

Issue Price

₹120-₹127 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Purva Sharegistry (India) Pvt.Ltd.

Market Lot

Individual (Retail) (Min): 2000 Shares (₹2,54,000/-)
S-HNI (Min): 3000 Shares (₹3,81,000/-)
B-HNI (Min): 8000 Shares (₹10,16,000/-)

Lead Manager

Vivro Financial Services Pvt.Ltd.

Issue Size

49,61,000 shares (aggregating up to ₹63.00 Cr)

Retail Portion

35%

Subscription

N/A times

IPO Docs

DRHP RHP

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 retail 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 Valuations

EPS Pre IPO

₹10.99

EPS Post IPO

₹8.09

P/E Pre IPO

11.55

P/E Post IPO

15.69

ROE

38.84%

ROCE

44.18%

Debt/Equity

0.32

RoNW

38.84%

PAT Margin

18.63%

EBITDA Margin

26.33%

Price to Book Value

3.42

Justo Realfintech Company Financials All values are in ₹ Cr.

	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 The 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)

Pre Issue Share Holding: 51.87%

Post Issue Share Holding: %

Company Promoter(s)

Puspamitra Das

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

Other Details

Company Contact Details

Justo Realfintech

801/802, 8th Floor, EL Tara Building, Powai, Off. Orchard Avenue, Hiranandani Gardens, Mumbai, Maharashtra, 400076

Phone: +91-22 3513 4314

Email: cs@justo.co.in

Website: http://www.justo.co.in/

Registrar Contact Details

Purva Sharegistry (India) Pvt.Ltd.

Phone: +91-022-23018261/ 23016761

Email: newissue@purvashare.com

Website: https://www.purvashare.com/investor-service/ipo-query

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. The size of Justo Realfintech Limited IPO is 49,61,000 shares (aggregating up to ₹63.00 Cr).

Ans. The IPO price band is set between ₹120-₹127 per equity share.

Ans. To apply for Justo Realfintech Limited IPO 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 allotment status for Justo Realfintech Limited IPO here.