Justo Realfintech Promoter Puspamitra Das Increases Stake Through Open Market Purchase

1 min read     Updated on 14 Feb 2026, 02:19 AM
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Reviewed by
Shriram SScanX News Team
Overview

Puspamitra Das, promoter of Justo Realfintech Limited, acquired 14,000 equity shares through open market transactions on February 13, 2026, increasing his shareholding from 38.79% to 38.86%. The transaction was disclosed under SEBI takeover regulations, with the company's total equity capital remaining at INR 18,79,81,420 consisting of 1,87,98,142 shares of Rs. 10 each.

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Puspamitra Das, a promoter of Justo Realfintech Limited, has increased his stake in the company through an open market acquisition of equity shares. The transaction, completed on February 13, 2026, demonstrates continued confidence from the promoter group in the company's prospects.

Transaction Details

The acquisition involved 14,000 equity shares purchased through open market transactions. This represents 0.074% of the company's total share capital and voting rights.

Parameter Before Acquisition After Acquisition Change
Number of Shares 73,03,216 73,17,216 +14,000
Shareholding (%) 38.79% 38.86% +0.074%
Voting Rights (%) 38.79% 38.86% +0.074%

Company Share Capital Structure

Justo Realfintech Limited's equity share capital structure remained unchanged following the transaction. The company maintains a total equity share capital of INR 18,79,81,420, consisting of 1,87,98,142 equity shares with a face value of Rs. 10 each.

Regulatory Compliance

The disclosure was made in accordance with Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The formal notification was submitted to BSE Limited, where the company's shares are listed under scrip code 544542 and ISIN INE0W5Q01017.

Key Transaction Parameters

Details Information
Acquirer Puspamitra Das (Promoter)
Transaction Date February 13, 2026
Mode of Acquisition Open Market
Shares Acquired 14,000
Stock Exchange BSE Limited

The transaction reflects typical promoter activity in maintaining and gradually increasing stake in the company through market purchases. The acquisition maintains Puspamitra Das's position as a significant promoter shareholder while demonstrating ongoing commitment to the company's growth trajectory.

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Justo Realfintech Limited Receives First Monitoring Agency Report for Q3 FY26

2 min read     Updated on 13 Feb 2026, 07:24 PM
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Reviewed by
Radhika SScanX News Team
Overview

Justo Realfintech Limited received its first monitoring agency report for Q3 FY26 from Brickwork Ratings, covering the utilization of ₹63.00 crore IPO proceeds raised in September 2025. The company utilized ₹32.83 crore during the quarter across working capital (₹18.69 crore), debt repayment (₹5.00 crore), issue expenses (₹6.64 crore), general corporate purposes (₹1.52 crore), and IT infrastructure (₹0.98 crore). The monitoring agency reported no deviations from stated objects, with ₹30.17 crore remaining unutilized and deployed in fixed deposits earning 5.95% returns.

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Justo Realfintech Limited has received its first monitoring agency report from Brickwork Ratings India Private Limited for the quarter ended December 31, 2025, pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report monitors the utilization of proceeds from the company's initial public offering completed in September 2025.

IPO Details and Fund Raising

The company raised ₹63.00 crore through a fresh issue of 49,61,000 equity shares at ₹127 per share. The issue period was September 23, 2025 for anchor investors and September 24-26, 2025 for other investors.

Particulars Details
Issue Size ₹63.00 crore
Number of Shares 49,61,000
Issue Price ₹127 per share
Issue Type Fresh Issue of Equity Shares
Industry Sector Real Estate

Fund Utilization Progress

During the quarter ended December 31, 2025, the company utilized ₹32.83 crore across five stated objects. The monitoring agency confirmed no deviations from the objects disclosed in the offer document.

Object Allocated Amount (₹ Crore) Utilized in Q3 (₹ Crore) Unutilized Balance (₹ Crore)
Working Capital Requirements 36.50 18.69 17.81
IT Infrastructure Development 6.30 0.98 5.32
Debt Repayment 5.00 5.00 0.00
General Corporate Purposes 8.34 1.52 6.82
Issue Expenses 6.86 6.64 0.22

The debt repayment object has been fully completed during the quarter, while other objects remain ongoing as per the planned timeline.

Deployment of Unutilized Proceeds

The company has deployed ₹30.22 crore of unutilized funds in fixed deposits and monitoring accounts with Kotak Mahindra Bank. The deployment includes three fixed deposits of approximately ₹10 crore each, maturing on April 6, 2026, earning 5.95% return on investment.

Investment Type Amount (₹ Crore) Maturity Date Return (%)
Fixed Deposit - 2749922179 9.90 April 6, 2026 5.95
Fixed Deposit - 2749922261 10.10 April 6, 2026 5.95
Fixed Deposit - 2749922308 10.10 April 6, 2026 5.95
Monitoring Account 0.12 - -

Compliance and Implementation Timeline

The monitoring agency reported no delays in implementation of objects, with most activities progressing as per the planned timeline. Working capital requirements, general corporate purposes, and IT infrastructure development are ongoing and expected to continue through financial years 2025-26 and 2026-27 as disclosed in the offer document.

The report was prepared by Mr. Niraj Kumar Rathi, Senior Director at Brickwork Ratings, and certified by M/s. SMMP & Company, chartered accountants. The company has made the report available on its website at https://www.justo.co.in/ as required under regulatory provisions.

Source: BSE filing by Justo Realfintech Limited dated February 13, 2026

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