Issue Price
₹127
Per Share
GMP
+₹12
+9.45% Grey Market
Est. Listing
₹139
Expected Price
Min. Application
₹254,000
2 lots × 1000 shares
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
Justo Realfintech Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 251,000 | — | ₹3.19 Cr | — |
| TOTAL | 4,961,000 | 100.00% | ₹63.00 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹127,000 |
| Retail (Max) | 13 | 13,000 | ₹1,651,000 |
| sNII (Min) | 14 | 14,000 | ₹1,778,000 |
| bNII (Min) | 68 | 68,000 | ₹8,636,000 |
| 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 |
| Total Borrowings | 16.23 | 2.31 | 3.61 |