
Financial Services · BSE
Justo Realfintech, incorporated in 2019, is a real estate solutions provider that focuses on sales, marketing, funding, and project planning for mid-ticket residential developments. The company has supported developers in selling projects worth ₹8,15,000 lakhs (₹81,500 crore), covering more than 11,250 units up to March 31, 2025. As of August 2025, it is managing 37 active real estate projects across Pune, Mumbai, and Nashik, with its earlier operations spread across Mumbai, Navi Mumbai, Pune, Bhubaneshwar, Kolhapur, Aurangabad, and Nashik. In the coming two years, the company aims to achieve a sales portfolio of 8.5 million square feet and expand into Hyderabad, Bengaluru, Andhra Pradesh, Karnataka, Tamil Nadu, and Dubai. Its business model is built around launch projects that handle end-to-end sales and marketing, sustenance projects that maintain sales momentum, a wide channel partner network of brokers, and a custom-built technology platform for smooth operations. The IPO proceeds are planned to be used for working capital requirements of ₹36.50 crore, investment of ₹6.30 crore in IT infrastructure and platform development, repayment of borrowings worth ₹5.00 crore, and for general corporate purposes.
Price Band
₹120 – ₹127
Issue Size
₹63.00 Cr
Lot Size
1000 shares
GMP
+5.1%
Est. Listing
₹133.5
at current GMP
Subscribed
4.65x
overall
Open
24 Sep 2025
Close
26 Sep 2025
Allotment
29 Sep 2025
Refund
30 Sep 2025
Demat Credit
1 Oct 2025
Listing
1 Oct 2025
Designated Registrar: Purva Sharegistry (India) Private Limited
Allotment Date
29 Sep 2025
Basis finalization
Refunds Initiate
30 Sep 2025
Mandate release
Demat Credit
1 Oct 2025
Shares in demat
Listing Debut
1 Oct 2025
Trading begins
Justo Realfintech Limited is bringing an initial public offering (IPO) in the Financial Services sector with an aggregate issue size of ₹63 Crores. The shares are offered at a price band of ₹120 to ₹127 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1000 shares (approx. ₹1,27,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Purva Sharegistry (India) Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-10-01, while un-allotted funds or UPI block mandates will be released on 2025-09-30.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.