Justo Realfintech IPO description – Headquartered in Maharashtra, Justo Realfintech is a full-service real estate mandate company with operations in Pune, Mumbai Metropolitan Region (MMR), and Nashik, and additional presence in Aurangabad and Kolhapur. Specializing in lower-to-mid segment residential and commercial projects, the company offers end-to-end solutions including pricing, sizing, sales strategy, marketing, CRM, and financing.
As of 31 March 2025, 95.08% of revenues came from residential and commercial mandate services, with financial advisory contributing 4.92%. The firm manages inventory through a network of over 3,400 channel partners and employs proprietary technology platforms—’JustoVerse‘ for customer lifecycle tracking and ‘JustoWorks‘ for project data and operations management. Since its inception, Justo has facilitated sales worth over INR 8.15 lakhs (11,250+ units) and currently holds active mandates for 37 projects valued at INR 4,149.56 crore (3,559 units).
The 331-employee organization leverages deep local market insights, a robust CP network.
Promoters of Justo Realfintech – Puspamitra Das
Table of Contents
Justo Realfintech Offer Details
| Justo Realfintech IPO Dates | 24 – 26 September 2025 |
| Justo Realfintech Issue Price | INR 120 – 127 per share |
| Fresh issue | 49,61,000 shares (INR 59.53 – 63.00 crore) |
| Offer For Sale | Nil |
| Total IPO size | 49,61,000 shares (INR 59.53 – 63.00 crore) |
| Minimum Bid | 2,000 shares (INR 2,54,000) |
| Lot Size | 1,000 shares (INR 1,27,000) |
| Face Value | INR 10 per share |
| Individua Allocation | 35% |
| Listing On | BSE SME |
Justo Realfintech Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 70.44 | 59.38 | 81.35 |
| Expenses | 48.98 | 50.40 | 61.18 |
| Net income | 15.30 | 6.69 | 15.21 |
Justo Realfintech Offer News
- Justo Realfintech RHP
- Justo Realfintech Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2025
Justo Realfintech Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 | |
| EPS | 12.53 | 5.48 | 11.54 |
| PE ratio | – | – | 10.40 – 11.01 |
| RONW (%) | 120.64 | 28.35 | 38.84 |
| NAV | 18.19 | 24.10 | 37.15 |
| ROCE (%) | 136.48 | 34.31 | 44.18 |
| EBITDA (%) | 31.18 | 15.93 | 26.33 |
| Debt/Equity | 0.18 | 0.09 | 0.32 |
Justo Realfintech IPO GMP Today
| Date | Consolidated IPO GMP | Subject to Sauda |
| 30 September 2025 | 5 | 3,000 |
| 29 September 2025 | 5 | 3,000 |
| 27 September 2025 | 8 | 6,000 |
| 26 September 2025 | 8 | 6,000 |
| 25 September 2025 | 8 | 6,000 |
| 24 September 2025 | 15 | 11,500 |
| 23 September 2025 | 15 | 11,500 |
| 22 September 2025 | 22 | 16,500 |
Justo Realfintech IPO Subscription – Live Updates
| Category | QIB | NII | Individual | Total |
|---|---|---|---|---|
| Shares Offered | 9,42,000 | 7,08,000 | 16,50,000 | 33,00,000 |
| 26 Sep 2025 | 7.21 | 7.17 | 2.10 | 4.65 |
| 25 Sep 2025 | 1.96 | 2.44 | 0.64 | 1.40 |
| 24 Sep 2025 | 1.59 | 1.30 | 0.23 | 0.84 |
Anchor investor portion of 14,10,000 and Market maker reservation portion of 2,51,000 shares are not included in the above calculations.
Justo Realfintech IPO Allotment Status
Justo Realfintech IPO allotment status is now available on Purva Sharegistry’s website. Click on this link to get the allotment status.
Justo Realfintech IPO Dates & Listing Performance
| IPO Opening Date | 24 September 2025 |
| IPO Closing Date | 26 September 2025 |
| Finalization of Basis of Allotment | 29 September 2025 |
| Initiation of refunds | 30 September 2025 |
| Transfer of shares to demat accounts | 30 September 2025 |
| IPO Listing Date | 1 October 2025 |
| Opening Price on BSE SME | INR 126.90 per share (down 0.08%) |
| Closing Price on BSE SME | INR 126.75 per share (down 0.20%) |
Justo Realfintech Offer Lead Manager
VIVRO FINANCIAL SERVICES PRIVATE LIMITED
607/608, Marathon Icon, Opp. Peninsula Corporate Park,
Off. Ganpatrao Kadam Marg, Veer Santaji Lane,
Lower Parel, Mumbai – 400 013, Maharashtra, India
Phone: +91-22 6666 8040
Email: [email protected]
Website: www.vivro.net
Justo Realfintech Offer Registrar
PURVA SHAREGISTRY (INDIA) PRIVATE LIMITED
9, Shiv Shakti Industrial Estate, J.R. Boricha Marg, Lower
Parel (East) Mumbai-400011, Maharashtra, India
Phone: + 91- 022-4961 4132
Email: [email protected]
Website: www.purvashare.com
Justo Realfintech Contact Details
JUSTO REALFINTECH LIMITED
801/802, 8th Floor, EL Tara Building, Powai,
Off. Orchard Avenue, Hiranandani Gardens,
Mumbai – 400076, Maharashtra, India
Phone: +91-22 3513 4314
E-mail: [email protected]
Website: www.justo.co.in
IPO FAQs
What is the Justo Realfintech Offer size?
Justo Realfintech’s offer size is INR 59.53 – 63.00 crores.
What is the Justo Realfintech offer price band?
Justo Realfintech’s public offer price is INR 120 – 127 per share.
What is the lot size of the Justo Realfintech IPO?
Justo Realfintech offer lot size is 1,000 shares.
What is Justo Realfintech IPO GMP today?
Justo Realfintech IPO GMP today is INR 5 per share.
What is the Justo Realfintech kostak rate today?
Justo Realfintech kostak rate today is INR NA per application.
What is Justo Realfintech’s IPO Subject to Sauda rate today?
Justo Realfintech Subject to Sauda rate today is INR 3,000 per application.