Justo Realfintech Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 2,352,000 (47%) | — | ₹2,987 Cr |
| NII (HNI) | — | 708,000 (14% | — | ₹899 Cr |
| Retail | — | 1,650,000 (33%) | — | ₹2,096 Cr |
| Market Maker | — | 251,000 (5%) | — | ₹32 Cr |
| Σ Total | — | 4,961,000 (100%) | — | ₹63,005 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹127,000 |
| Retail (Max) | 13 | 13,000 | ₹1,651,000 |
| S-HNI (Min) | 14 | 14,000 | ₹1,778,000 |
| B-HNI (Min) | 67 | 67,000 | ₹8,509,000 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 82 | 59 | 71 |
| EBITDA | 21 | 9 | 22 |
| Profit After Tax | 15 | 7 | 15 |
| Net Worth | 51 | 27 | 20 |
| Total Assets | 76 | 42 | 33 |
| Reserves & Surplus | 39 | 27 | 20 |
| Total Borrowing | 16 | 2 | 4 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Utilization towards working capital requirements of the Company – 36.5
- Funding investment in IT infrastructure and development of technological platform – 6.3
- Repayment of a portion of certain outstanding borrowings availed by the Company – 5
- General Corporate Purposes –
Company Overview
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