Key IPO Details
| Particulars |
Details |
| IPO Open Date |
September 24, 2025 |
| IPO Close Date |
September 26, 2025 |
| Listing Date |
October 1, 2025 |
| Face Value |
₹10 per equity share |
| Price Band |
₹120 to ₹127 per share |
| Issue Size |
Approx. ₹63 Crores |
| Fresh Issue |
Approx. ₹63 Crores |
| Offer for Sale |
– |
| Issue Type |
Book Built Issue |
| IPO Listing |
BSE SME |
| Retail Quota |
35% |
| QIB Quota |
50% |
| NII (HNI) Quota |
15% |
Market Lot Information
| Category |
Lot Size |
Shares |
Amount (₹) |
| Retail Minimum |
2 |
2,000 |
2,54,000 |
| Retail Maximum |
2 |
2,000 |
2,54,000 |
| S-HNI Minimum |
3 |
3,000 |
3,81,000 |
| S-HNI Maximum |
7 |
7,000 |
8,89,000 |
| B-HNI Minimum |
8 |
8,000 |
10,16,000 |
Important IPO Dates
| Event |
Date |
| IPO Opening |
September 24, 2025 |
| IPO Closing |
September 26, 2025 |
| Basis of Allotment |
September 29, 2025 |
| Refund Initiation |
September 30, 2025 |
| Demat Credit |
September 30, 2025 |
| Listing Date |
October 1, 2025 |
Promoters
About the Company
Justo Realfintech, founded in 2019 in Maharashtra, operates in the real estate sector, serving developers in Pune, Mumbai MMR, Nashik, Aurangabad, and Kolhapur. The company leverages digital tools and a network of over 2,700 partners to help developers manage inventory and sell properties, and offers services in sales strategy, marketing, customer management, and financing.
Financial Performance
| Period Ended |
Revenue (₹ Cr) |
Expense (₹ Cr) |
PAT (₹ Cr) |
Assets (₹ Cr) |
| 2023 |
70.55 |
48.98 |
15.30 |
32.62 |
| 2024 |
59.45 |
50.40 |
6.69 |
41.77 |
| 2025 |
81.64 |
61.18 |
15.21 |
76.28 |
Key Financial Ratios (FY2025)
| KPI |
Value |
| ROE |
38.84% |
| ROCE |
44.18% |
| EBITDA Margin |
26.33% |
| PAT Margin |
18.63% |
| Debt to Equity Ratio |
0.32 |
| EPS (Basic) |
₹11.71 |
| P/E Ratio |
N/A |
| RoNW |
38.84% |
| Net Asset Value (NAV) |
₹37.15 |
Peer Group Comparison
| Company |
EPS |
PE Ratio |
RoNW (%) |
NAV |
Income |
| No listed company peers |
– |
– |
– |
– |
– |
Purpose of the IPO
- Working capital requirements
- IT infrastructure and platform development
- Repayment of borrowings
- General Corporate Purpose
Registrar & Contact Details
Registrar:
Purva Sharegistry (India) Pvt.Ltd.
Phone: +91-022-23018261/ 23016761
Email: newissue@purvashare.com
Website: https://www.purvashare.com/investor-service/ipo-query
Lead Manager:
Vivro Financial Services Pvt.Ltd.
Company Address:
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: cs@justo.co.in
Website: http://www.justo.co.in/
Reviews
The company has shown strong growth in revenue and profitability. Investors may consider for long-term investment, but are advised to research further and consult financial advisors before investing.
