IPO Issue Details
Issue Price / Price Band₹127 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,000 Shares per Lot
Total Issue Size49,61,000 shares (aggregating up to ₹63.00 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenNot Available
Subscription CloseNot Available
Basis of Allotment~6 days after close
Initiation of Refunds~7 days after close
Credit of Shares to Demat~7 days after close
Listing DateWed, 01 Oct 2025
UPI Mandate Deadline2025-09-26
Application & Investment Details
Retail — Min (2 Lots)2,54,000 — 2,000 shares
Retail — Max (13 Lots)₹1,651,000 (13 Lots)
HNI — Min (3 Lots)3,81,000 — 3,000 shares
QIB Quota47.41% of Issue
Retail Quota33.26% of Issue
Market Maker Quota5.06% of Issue
EPS (Pre-IPO)₹10.99
EPS (Post-IPO)₹8.09
P/E Ratio (Pre-IPO)11.55x
P/E Ratio (Post-IPO)15.69x
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-IPO Promoter Holding1,38,37,142 shares
Post-IPO Promoter Holding1,87,98,142 shares
About Justo Realfintech Ltd
Justo Realfintech Ltd is proposing an Initial Public Offering (IPO) on the NSE SME platform under the SME category.
The total issue size is 49,61,000 shares (aggregating up to ₹63.00 Cr).
The IPO subscription opens on the announced date and closes on the announced date. Listing is expected on 01 Oct 2025.
Investors can apply through ASBA or UPI via their broker app.
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,38,37,142 shares
Post-IPO Promoter Holding
1,87,98,142 shares
IPO Subscription Status
Listed on 01 Oct 2025
Final subscription figures recorded below
UPI Mandate Deadline: 2025-09-26
Important Dates
Subscription OpensTo be announced
Subscription ClosesTo be announced
Basis of Allotment~6 days after close
Listing DateWed, 01 Oct 2025
UPI Mandate Deadline2025-09-26
Lot Size & Investment Table
| 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 |
| S-HNI (Max — 66 Lots) |
66 |
66,000 |
₹8,382,000 |
| B-HNI (Min — 67 Lots) |
67 |
67,000 |
₹8,509,000 |
* Issue Price ₹127 × Lot Size 1,000 shares
Company Financials — Restated Consolidated
(Amount in ₹ Crore)
| 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 |
| EBITDA Margin (%) |
26.33% |
— | — |
| PAT Margin (%) |
18.63% |
— | — |
Key Ratios & Valuation
Issue Price₹127
Face Value₹10.00 Per Share
Price / Book Value (P/BV)3.42
Return on Equity (RoE)38.84%
Return on Capital Employed (RoCE)44.18%
Return on Net Worth (RoNW)38.84%
PAT Margin (%)18.63%
EBITDA Margin (%)26.33%
Debt / Equity Ratio0.32
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
Script CodeNot Available
Objects of the Issue
Justo Realfintech Ltd proposes to utilize the net proceeds raised through this IPO for the following objects as stated in the Draft Red Herring Prospectus (DRHP) filed with SEBI:
Issue Composition & Shareholding
Issue TypeBookbuilding IPO
Sale TypeFresh Capital
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