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BSE SME Bookbuilding IPO Fresh Capital Closed

Justo Realfintech Ltd IPO 2026

Face Value: ₹10  ·  Lot Size: 1,000 shares  ·  Min Investment: ₹127,000
₹127
Issue Price
+₹12
GMP Today
49,61,000 (100.00%)
Total Shares Offered
₹139
Est. Listing
Allotment Status
📅
Open Date
2025-09-24
📅
Close Date
2025-09-26
🎟️
Allotment
2025-09-29
UPI Mandate
2025-09-26
📱
Listing Date
2025-10-01
🔗
Script Code
TBA
Grey Market Premium (GMP)
LIVE
Current GMP
+₹12
+9.45% vs Issue Price
Estimated Listing: ₹139
Issue Price: ₹127  ·  Lot: 1,000 shares
Expected P&L (1 lot): +₹12,000 on ₹127,000
GMP is unofficial grey market data. It does not guarantee listing price or returns.
Financial Overview
Amount in ₹ Crore
Metric 31 Mar 2025 31 Mar 2024 31 Mar 2023
Revenue 81.64 59.45 70.55
Profit After Tax 15.21 6.69 15.30
EBITDA 21.49 9.47 22.00
Net Worth 51.40 26.92 20.31
Total Assets 76.28 41.77 32.62
Reserves & Surplus 38.57 26.93 20.23
Total Borrowings 16.23 2.31 3.61
Key Financial Ratios
38.84%
ROE
Return on Equity
44.18%
ROCE
Return on Capital Employed
38.84%
RONW
Return on Net Worth
18.63%
PAT Margin
PAT / Revenue
26.33%
EBITDA Mgn
EBITDA / Revenue
0.32
D/E Ratio
Debt to Equity
3.42
P/BV
Price to Book Value
Issue Details
Total Shares Offered
49,61,000 (100.00%)
Net Offer to Public
47,10,000 shares (aggregating up to ₹59.82 Cr)
Market Maker Reservation
2,51,000 shares (aggregating up to ₹3.19 Cr)
Pre-Issue Shareholding
1,38,37,142 shares%
Post-Issue Shareholding
1,87,98,142 shares%
Issue Price
₹127
Face Value
₹10
Lot Size
1,000 shares
Listing Exchange
BSE SME
Issue Type
Bookbuilding IPO
Objects of Issue
Utilization towards working capital requirements of the Company
Funding investment in IT infrastructure and development of technological platform
Repayment of a portion of certain outstanding borrowings availed by the Company
General Corporate Purposes
Lead Managers
Vivro Financial Services Pvt.Ltd
IPO Timeline
Open
2025-09-24
Close
2025-09-26
Allotment
2025-09-29
Listing
2025-10-01
Registrar Details
Purva Sharegistry (India) Pvt.Ltd
+91-022-23018261/ 23016761
newissue@purvashare.com
Check Allotment Status
Company Information
Email
cs@justo.co.in
Phone
+91-22 3513 4314
Address
801/802, 8th Floor, EL Tara Building, Powai, Off. Orchard Avenue, Hiranandani Gardens, Mumbai, Maharashtra, 400076
About Justo Realfintech Ltd

Incorporated in 2019, Justo Realfintech Limited is specializes in providing comprehensive real estate solutions, including sales, marketing, funding, and project planning services, primarily targeting mid-ticket residential developments.

Since incorporation, they have assisted real estate developers to sell projects worth over ₹ 8,15,000 lakhs, representing over 11,250 units till March 31, 2025. As on August 31, 2025, they have active mandates with 37 real estate projects in the city of Pune, Mumbai, and Nashik.

Initially operating in cities like Mumbai, Navi Mumbai, Pune, Bhubaneshwar, Kolhapur, Aurangabad, and Nashik, Justo Realfintech plans to expand its sales portfolio to 8.5 million sq ft over the next two years, targeting new markets such as Hyderabad, Bengaluru, and select cities in Andhra Pradesh, Karnataka, Tamil Nadu, and Dubai.

Business Model:

  • Launch Projects
  • Sustenance Projects

As of August 31, 2025, the company had a total of 331 employees across various departments.

Competitive Strengths:

  • Strong and extensive network of Channel Partners (CPs)
  • Custom-built integrated technology platform driving operational excellence
  • Marketing and sales expertise supported by operational efficiency
  • Experienced Leadership Team with Strong Execution Capabilities
Quick Facts
GMP Signal
Bullish 🚀
Status
Closed
Issue Price
₹127
Lot Size
1,000 sh
Est. Listing
₹139
Pre-Issue Hold.
1,38,37,142 shares%
Post-Issue Hold.
1,87,98,142 shares%
Registrar
Purva Sharegistry (India) Pvt.Ltd
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