Justo Realfintech SME IPO Subscription
ListedUpdated 1 October 2025, 9:15 AM IST· BSE SME
Justo Realfintech SME IPO subscription closed on 26 September 2025 at 4.57x overall by shares. QIB demand came in at 7.21x, NII at 7.17x, and retail at 2.10x. See Retail, SHNI, and BHNI allotment chances in the table…
Justo Realfintech SME IPO subscription closed on 26 September 2025 at 4.57x overall by shares. QIB demand came in at 7.21x, NII at 7.17x, and retail at 2.10x. See Retail, SHNI, and BHNI allotment chances in the table below.
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Allotment date is 29 September 2025. Listing date on NSE and BSE is 1 October 2025.
Justo Realfintech SME IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 24 Sept 2025 | 1.59x | 1.30x | 0.22x | 0.84x |
| Day 2 - 25 Sept 2025 | 1.96x | 1.89x | 0.48x | 1.20x |
| Day 3 - 26 Sept 2025 | 7.21x | 6.81x | 2.10x | 4.57x |
Justo Realfintech SME IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Justo Realfintech SME IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail (IND) | 2.10x | 1 in 2 |
| SHNI (Rs 2L to Rs 10L) | 3.15x | 1 in 3 |
| BHNI (above Rs 10L) | 2.45x | 1 in 2 |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Justo Realfintech SME IPO Allotment Status page from 29 September 2025 for your result.
Justo Realfintech SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 127.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 11.96 Cr | Rs 86.30 Cr | 7.21x |
| FII | - | Rs 1.02 Cr | - |
| DFI | - | Rs 4.95 Cr | - |
| Mutual Funds | - | - | - |
| Other | - | Rs 80.33 Cr | - |
| NII | Rs 8.99 Cr | Rs 64.44 Cr | 7.17x |
| bNII (above Rs 10L) | Rs 5.99 Cr | Rs 54.27 Cr | 9.05x |
| Corporate | - | Rs 4.45 Cr | - |
| Individual | - | Rs 47.33 Cr | - |
| Other | - | Rs 2.49 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 3.00 Cr | Rs 10.17 Cr | 3.39x |
| Corporate | - | Rs 26.67 L | - |
| Individual | - | Rs 9.75 Cr | - |
| Other | - | Rs 15.24 L | - |
| IND | Rs 20.96 Cr | Rs 44.02 Cr | 2.10x |
| Fixed price | - | Rs 44.02 Cr | - |
| Total | Rs 41.91 Cr | Rs 194.75 Cr | 4.65x |
Justo Realfintech SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 942 | 16 | 0.02x |
| FII | - | 1 | - |
| DFI | - | 1 | - |
| Mutual Funds | - | - | - |
| Other | - | 14 | - |
| NII | 236 | 633 | 2.68x |
| bNII (above Rs 10L) | 157 | 384 | 2.45x |
| Corporate | - | 5 | - |
| Individual | - | 374 | - |
| Other | - | 5 | - |
| sNII (Rs 2L to Rs 10L) | 79 | 249 | 3.15x |
| Corporate | - | 6 | - |
| Individual | - | 239 | - |
| Other | - | 4 | - |
| IND | 825 | 1,733 | 2.10x |
| Fixed price | - | 1,733 | - |
| Total | 2,003 | 2,382 | 1.19x |
What Do These Subscription Numbers Mean?
4.57x overall by shares means bids covered about 5 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 7.21x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (2.68x by applications). Split: SHNI 3.15x, BHNI 2.45x by applications. SHNI and BHNI allotment is by lottery.
At 2.10x subscription by applications, about 1 in 2 retail applicants may get allotment (~48% chance per application). Retail allotment is also by lottery.
Justo Realfintech SME IPO GMP After Subscription
GMP for Justo Realfintech SME stands at Rs 4.00 today, giving an estimated listing price of Rs 131.00 per share.
A subscription of 4.57x combined with a GMP of 3.15% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Justo Realfintech SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Justo Realfintech SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 24 September 2025 |
| IPO Close Date | 26 September 2025 |
| Allotment Date | 29 September 2025 |
| Refund Initiation | 30 September 2025 |
| Share Credit to Demat | 30 September 2025 |
| Listing Date | 1 October 2025 |
| Minimum Investment | Rs 2,54,000.00 |
| Lot Size | 1000 shares |
About Justo Realfintech SME
No company information available
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
IND - Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Justo Realfintech SME IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Justo Realfintech SME Details
Issue size, price, financials, and company info
Justo Realfintech SME GMP
Live grey market premium and listing estimate
Justo Realfintech SME Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Justo Realfintech SME Allotment
Allotment date, chances, and check by PAN
Justo Realfintech SME Review
SWOT, strengths, risks, and IPO review
Justo Realfintech SME FAQ
Common questions on dates, GMP, and allotment
Justo Realfintech SME Registrar
Registrar website and how to check allotment
Justo Realfintech SME Timeline
Open, close, allotment, and listing dates
Justo Realfintech SME News
Updates, blogs, and latest IPO news
Justo Realfintech SME IPO Subscription FAQs
What is Justo Realfintech SME IPO subscription status today?
Justo Realfintech SME IPO subscription closed on 26 September 2025 with overall subscription of 4.57x (by shares) as of 27 August 2026, 4:32 AM IST. QIB 7.21x, NII 2.68x, IND 2.10x.
What is the overall subscription of Justo Realfintech SME IPO?
Justo Realfintech SME IPO is subscribed 4.57x overall by shares at close on 26 September 2025. QIB 7.21x, NII 2.68x, and IND 2.10x.
What is Justo Realfintech SME IPO QIB subscription?
Justo Realfintech SME IPO QIB (Qualified Institutional Buyers) subscription is 7.21x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Justo Realfintech SME IPO IND subscription?
Justo Realfintech SME IPO IND subscription is 2.10x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is Justo Realfintech SME IPO NII, SHNI, and BHNI subscription?
Justo Realfintech SME IPO NII subscription is 2.68x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 3.15x and BHNI (above Rs 10L) at 2.45x.
What are Justo Realfintech SME IPO retail allotment chances?
At 2.10x subscription by applications, about 1 in 2 retail applicants may get allotment (~48% chance per application). Allotment is by lottery.
What are Justo Realfintech SME IPO SHNI allotment chances?
At 3.15x subscription by applications, about 1 in 3 SHNI applicants may get allotment (~32% chance per application). Allotment is by lottery.
What are Justo Realfintech SME IPO BHNI allotment chances?
At 2.45x subscription by applications, about 1 in 2 BHNI applicants may get allotment (~41% chance per application). Allotment is by lottery. Share subscription was 9.05x. Allotment chances use applications, not share volume.
When is Justo Realfintech SME IPO allotment date?
Justo Realfintech SME IPO allotment date is 29 September 2025. Check Justo Realfintech SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Justo Realfintech SME IPO subscription close?
Justo Realfintech SME IPO subscription closed on 26 September 2025. No new applications are accepted after the close.
What is Justo Realfintech SME IPO GMP today?
Justo Realfintech SME IPO GMP is ₹4 today (+3.15% over issue price ₹127). See live GMP on the Justo Realfintech SME IPO GMP Today page.
What is Justo Realfintech SME IPO issue price and lot size?
Justo Realfintech SME IPO issue price is ₹127 per share. Lot size is 1000 shares. Minimum investment is ₹2,54,000 per lot (minimum 2 lots for SME). Issue size: ₹59.82 Cr.
When is Justo Realfintech SME IPO listing date?
Justo Realfintech SME IPO listing date is 1 October 2025 on NSE and BSE. Allotment is on 29 September 2025.
How does subscription affect Justo Realfintech SME IPO allotment?
In Justo Realfintech SME IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 4.57x overall, competition is moderate.
For allotment results from 29 September 2025, visit the Justo Realfintech SME IPO Allotment Status page. For listing day updates on 1 October 2025, download the IPOwiz App.
Sources
We match Justo Realfintech SME IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.