Justo Realfintech IPO Date, Review, Price, Allotment Details
The Justo Realfintech IPO will open on September 24, 2025, and close on September 26, 2025. It is a Book Built Issue through which the company aims to raise approximately ₹63 crores, consisting entirely of a fresh issue, along with an offer for sale of up to [.] equity shares with a face value of ₹10 each.
The IPO has a price band of ₹120 to ₹127 per share, with a quota distribution of 35% for retail investors, 50% for QIBs, and 15% for HNIs. The allotment is scheduled for September 29, 2025, and the shares are expected to list on the BSE on October 1, 2025.
On the financial front, the company’s revenue rose from ₹59.45 crores in 2024 to ₹81.64 crores in 2025, while net profit increased from ₹6.69 crores in 2024 to ₹15.21 crores in 2025. Considering its consistent growth, analysts suggest that investors may consider subscribing to the IPO with a long-term investment horizon.
Justo Realfintech IPO Details
IPO Open Date September 24, 2025 IPO Close Date September 26, 2025 Face Value ₹10 Per Equity Share IPO Price Band ₹120 to ₹127 Per Share Issue Size Approx ₹63 Crores Fresh Issue Approx ₹63 Crores Issue Type Book Built Issue IPO Listing BSE SME DRHP Draft Prospectus 
RHP Draft Prospectus
Justo Realfintech IPO Market Lot
The minimum market lot for the Justo Realfintech IPO is 2,000 shares, requiring an application amount of ₹2,54,000.
Application 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
IPO Reservation
Investor Category Share Offered % Shares Anchor Investor 5,74,800 Shares -% QIB (Ex. Anchor) – Shares 50% NII Shares Offered – Shares 15% Retail Shares Offered – Shares 35%
Justo Realfintech IPO Anchor Investors
Anchor Bidding Date September 23, 2025 Anchor Investors List Shares Offered [.] Shares Anchor Size [.] Cr. lock-in period end date 50% shares (30 Days) October 29, 2025 lock-in period end date 50% shares (90 Days) December 28, 2025
Justo Realfintech IPO Dates
The Justo Realfintech IPO will open on September 24 and close on September 26. The allotment will be finalized on September 29, while the listing is scheduled for October 1.
IPO Open Date: September 24, 2025 IPO Close Date: September 26, 2025 Basis of Allotment: September 29, 2025 Refunds: September 30, 2025 Credit to Demat Account: September 30, 2025 IPO Listing Date: October 1, 2025 IPO Bidding Cut-off Time: September 26, 2025 – 5 PM
Promoters and Holding Pattern
The promoters of the company are Puspamitra Das.
Particular Shares % Share Promoter Holding Pre-Issue 1,38,37,142 51.87% Promoter Holding Post Issue 1,87,98,142 38.18%
Objects of the Issue & Utilisation of Proceeds
Purpose Crores % Utilization towards working capital requirements of the Company 36.50 -% Funding investment in IT infrastructure and the development of a technological platform 6.30 -% Repayment of a portion of certain outstanding borrowings availed by the Company 5.00 -% General Corporate Purpose – -%
About Justo Realfintech IPO
Established in 2019, Justo Realfintech Limited is a full-service real estate management company based in Maharashtra, with operations based in Pune, Mumbai Metropolitan Region (“MMR”), and Nashik, and additional business operating in Aurangabad and Kolhapur. The company's business model relies on providing a broad range of services including advisory, sales strategies, marketing, CRM, and financing solutions, and a comprehensive management of the customer journey throughout the real estate purchasing process - from the first inquiry through the final transaction so that developers can concentrate on project approvals and property development. Since incorporation, Justo Realfintech Limited has helped real estate developers manufacture g and sell projects valued at over Rs 8,15,000 lakhs, covering over 11,250 units as of March 31, 2025. Justo Realfintech Ltd. has active mandate representations as of August 31, 2025, for 37 projects in real estate in Pune, Mumbai, and Nashik. Justo Realfintech's original operating cities are Mumbai, Navi Mumbai, Pune, Bhubaneshwar, Kolhapur, Aurangabad, and Nashik. The company plans to expand our sales build portfolio to 8.5 million square feet in the next two years and expand into Hyderabad and Bengaluru, with potential in other cities in Andhra Pradesh, Karnataka, Tamil Nadu, and Dubai.
Justo Realfintech IPO Company Financial Report
The company’s revenue increased to ₹81.64 crores in 2025 from ₹59.45 crores in 2024, while net profit rose to ₹15.21 crores in 2025 from ₹6.69 crores in 2024.
Amount in Crores (₹)
Period Ended Revenue Expense PAT Assets 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
Justo Realfintech IPO Valuation – FY2025
Check Justo Realfintech IPO valuation details like Earnings Per Share (EPS), Price/Earnings (P/E) Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI Values ROE: 38.84% ROCE: 44.18% EBITDA Margin: 26.33% PAT Margin: 18.63% Debt-to-equity ratio: 0.32 Earning Per Share (EPS): ₹11.71 (Basic) Price/Earnings (P/E) Ratio: N/A Return on Net Worth (RoNW): 38.84% Net Asset Value (NAV): ₹37.15
Peer Group Comparison
There are no listed companies.
IPO Lead Managers aka Merchant Bankers
- Vivro Financial Services Pvt. Ltd.
IPO Registrar
Purva Sharegistry (India) Pvt. Ltd.
Phone: +91-022-23018261/23016761
Email: newissue@purvashare.com
Website: https://www.purvashare.com/investor-service/ipo-query
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/