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Justo Realfintech IPO
4.62xsubscribed

Justo Realfintech IPO

Construction - Real Estate
listed
₹2.40LMin. investment

Justo Realfintech Limited IPO Details

SectorConstruction - Real Estate
Price range₹120 – ₹127
IPO type
SME
Lot size1000 shares
Issue size₹63Cr
Red Herring Prospectus
Read
Market cap
₹238.74CrLower than sector avg
RevenueApr 2024 - Mar 2025
₹81.35CrLower than sector avg
Growth rate3Y CAGR
7.47%

Justo Realfintech IPO Subscription Status

Date
QIB
NII
Retail
Total
24-Sep-25
0.28 times (X)
0.9 times (X)
0.23 times (X)
0.84 times (X)
25-Sep-25
0.46X
1.62X
0.48X
1.27X
26-Sep-25
0.58X
6.34X
2.07X
4.62X

As on 24-Sep-25, 5:30 PM

Justo Realfintech IPO Timeline

  1. Pre-apply
    23 Sep 2025
  2. Bid start
    24 Sep 2025
  3. Bid end
    26 Sep 2025
  4. Allotment
    29 Sep 2025
  5. Release of funds
    30 Sep 2025
  6. Demat transfer
    30 Sep 2025
  7. Listing
    1 Oct 2025

About Justo Realfintech Limited

Justo RealFintech is a real estate mandate service company based in Maharashtra. The company offers solutions, including decisions on pricing and sizing of the projects to real estate developers and enables the delivery of the products to the end customers. The company's tech-enabled platforms streamlines project onboarding, customer engagement and sales processes. As of March 31, 2025, the company has a strong channel partner network of over 3,400 channel partners, which helps improve the customer reach and execution of the company’s mandate services business swiftly and efficiently. It has operations in Pune, Mumbai Metropolitan Region and Nashik, with additional presence in Aurangabad and Kolhapur. The residential and commercial mandate real estate segment constituted 95.08% of the FY25 revenue, and financial advisory services constituted 4.92%. Launch project business contributed 50.42% of the revenue, and sustenance projects business contributed 44.66%. Region-wise, Pune contributed 66.27% of the revenue, followed by Mumbai at 32.51%.

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
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Objectives of Justo Realfintech Limiteted IPO

Working capital
57.94%
The company will utilise up to ₹36.5 crore towards funding working capital requirements.
General corporate purposes
24.10%
Part of the IPO proceeds will be used for general corporate purposes.
Funding investment in IT Infrastructure
10.00%
The company will use ₹6.3 crore to invest in IT infrastructure and a technological platform
Repayment of loans
7.94%
The company will use up to ₹5.00 crore towards repayment/ prepayment of borrowings.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹81.35Cr7.47%₹15.21Cr₹238.74Cr10.850.32
This sector (avg.)₹459.59Cr0%₹44.01Cr₹4,335.58Cr74.900.89
₹7,993.66Cr---₹2,694.51Cr₹1,57,367.9Cr35.520.10
₹13,779.5Cr---₹2,766.6Cr₹97,035.24Cr29.090.35
₹7,349.4Cr---₹616.9Cr₹62,951.23Cr64.870.85

*Revenue for financial year 2024-25. Lower P/E and D/E ratios are generally preferred.

Justo Realfintech IPO Contact Details

Company NameJusto Realfintech Limited

How to apply for Justo Realfintech IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Justo Realfintech Limiteted IPO FAQs