Justo Realfintech Ltd IPO — GMP, Details & Subscription

IPO Details

Open Date

24 Sep 2025

Close Date

26 Sep 2025

Allotment

29 Sep 2025

Listing Date

01 Oct 2025

Exchange

BSE SME

Price Band

₹127

Listing Price

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Allotment Status

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Price Band

₹127

Per share

Face Value

₹10 per share

Lot Size

1,000 Shares

per lot

Issue Size

49,61,000 shares (aggregating up to ₹63.00 Cr)

Total offering

Issue Type

Bookbuilding IPO

Min Investment

₹127,000

1 lot

Pre-IPO Holding

1,38,37,142 shares

Promoters

Post-IPO Holding

1,87,98,142 shares

Promoters

P/E (Pre)

11.55x

P/E (Post)

15.69x

EPS (Pre)

₹10.99

EPS (Post)

₹8.09

UPI Deadline

2025-09-26

Mandate

GMP

+₹12

+9.45% est.

Anchor AllotmentTue, 23 Sep 2025

Basis of AllotmentMon, 29 Sep 2025

Refund InitiationTue, 30 Sep 2025

Demat CreditTue, 30 Sep 2025

Listing DayWed, 01 Oct 2025

UPI Mandate Deadline2025-09-26

Sale TypeFresh Capital

Net Offer to Public47,10,000 shares (aggregating up to ₹59.82 Cr)

Market Maker Quota2,51,000 shares (aggregating up to ₹3.19 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Justo Realfintech Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 26 Sep 2025.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	251,000	—	₹3.19
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	4,961,000	100%	₹63.00

IPO Shares Offered

Justo Realfintech Ltd IPO total issue size: ₹63.00 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	251,000	₹3.19	5.06%
Total	4,961,000	₹63.00	100.00%

* Based on upper price band ₹127 per share

Lot Size & Investment

Lot Size

1,000

Shares per Lot

Issue Price

₹127.00

Upper Band

Min Investment

₹127,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	2,000	₹254,000
Retail (Max — 13 Lots)	13	13,000	₹1,651,000
S-HNI (Min — 14 Lots)	14	14,000	₹1,778,000
B-HNI (Min — 68 Lots)	68	68,000	₹8,636,000

* Issue Price ₹127 × Lot Size 1,000 shares

IPO Schedule

Anchor

23 Sep 2025

✓ Done

IPO Open

24 Sep 2025

✓ Done

IPO Close

26 Sep 2025

✓ Done

Allotment

29 Sep 2025

✓ Done

Refunds

30 Sep 2025

✓ Done

Demat Credit

30 Sep 2025

✓ Done

Listing Day

01 Oct 2025

✓ Done

₹127.00

INR · BSE

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Issue ₹127.00 GMP: +₹12 Live Price

About Justo Realfintech Ltd

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 ProjectsSustenance ProjectsAs 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 excellenceMarketing and sales expertise supported by operational efficiencyExperienced Leadership Team with Strong Execution Capabilities

Objects of the Issue

Utilization towards working capital requirements of the Company

Funding investment in IT infrastructure and development of technological platform

Repayment of a portion of certain outstanding borrowings availed by the Company

General Corporate Purposes

Justo Realfintech Ltd Financials (Amount in ₹ Crore)

Revenue from Operations

₹70.6

31 Mar 2023

₹59.5

31 Mar 2024

₹81.6

31 Mar 2025

Profit After Tax (PAT)

₹15.3

31 Mar 2023

₹6.7

31 Mar 2024

₹15.2

31 Mar 2025

Particulars	31 Mar 2025	31 Mar 2024	31 Mar 2023
Revenue from Operations	81.64	59.45	70.55
EBITDA	21.49	9.47	22.00
Profit After Tax (PAT)	15.21	6.69	15.30
Net Worth	51.40	26.92	20.31
Total Assets	76.28	41.77	32.62
Reserves & Surplus	38.57	26.93	20.23
Borrowings	16.23	2.31	3.61
EBITDA Margin (%)	26.33%	—	—
PAT Margin (%)	18.63%	—	—

P/BV Ratio

3.42

RoE

38.84%

RoCE

44.18%

RoNW

38.84%

PAT Margin

18.63%

EBITDA Margin

26.33%

Debt/Equity

0.32

Issue Structure & Shareholding

Total Shares Offered49,61,000 (100.00%)

Net Offer to Public47,10,000 shares (aggregating up to ₹59.82 Cr)

Reserved for Market Maker2,51,000 shares (aggregating up to ₹3.19 Cr)

Pre-Issue Promoter Holding1,38,37,142 shares

Post-Issue Promoter Holding1,87,98,142 shares

P/BV Ratio3.42

RoE38.84%

RoCE44.18%

Debt / Equity0.32

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Purva Sharegistry (India) Pvt.Ltd

+91-022-23018261/ 23016761

newissue@purvashare.com

https://www.purvashare.com/investor-service/ipo-query

Check Allotment

Book Running Lead Managers

Vivro Financial Services Pvt.Ltd

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Justo Realfintech Ltd IPO subscribed? ▲

Justo Realfintech Ltd IPO is subscribed 1.00 times by Sep 26, 2025. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Justo Realfintech Ltd IPO retail subscription status? ▼

The Justo Realfintech Ltd IPO retail category is subscribed 1.00 times as of 26 Sep 2025. The retail portion is oversubscribed.

How to subscribe Justo Realfintech Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 24 Sep 2025 and closes 26 Sep 2025. Min investment: ₹127,000 (1 lot = 1,000 shares). UPI mandate: 2025-09-26.

How many times Justo Realfintech Ltd IPO subscribed? ▼

The Justo Realfintech Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Justo Realfintech Ltd IPO allotment? ▼

Check allotment on the registrar website (Purva Sharegistry (India) Pvt.Ltd) at https://www.purvashare.com/investor-service/ipo-query. Enter your PAN, application number or DP/Client ID. Allotment date: 29 Sep 2025. Refunds: on 30 Sep 2025.

When Justo Realfintech Ltd IPO will be listed? ▼

The Justo Realfintech Ltd IPO listing date is 01 Oct 2025, Wednesday. Listed on: BSE SME. Issue price: ₹127. Estimated listing: ₹139. GMP: +₹12.

When Justo Realfintech Ltd IPO close? ▼

The Justo Realfintech Ltd IPO closes on 26 Sep 2025, Friday. UPI mandate: 2025-09-26. Allotment: 29 Sep 2025. Listing: 01 Oct 2025.

Quick Actions

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Live Price LIVE

Last Price₹127.00

Change—

Issue Price₹127.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹127

Face Value₹10

Lot Size1,000 Sh

Min. Amount₹127,000

GMP+₹12

Est. Listing₹139

Subscribed1.00x

Open Date24 Sep 2025

Close Date26 Sep 2025

Allotment29 Sep 2025

Listing Date01 Oct 2025

ExchangeBSE SME

UPI Deadline2025-09-26