Justo Realfintech Limited has received a regulatory disclosure from promoter Puspamitra Das regarding the acquisition of additional equity shares in the company. The latest transaction represents another increase in the promoter's existing shareholding through open market purchases.

Latest Share Acquisition Details

The disclosure filed under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, reveals the following transaction details:

Updated Shareholding Pattern

The acquisition resulted in a marginal increase in Puspamitra Das's shareholding in Justo Realfintech Limited:

Company Capital Structure

Justo Realfintech Limited's equity share capital structure remains unchanged following this transaction:

Regulatory Compliance

The disclosure was submitted to BSE Limited on 10th March, 2026, in accordance with SEBI regulations governing substantial acquisitions. The company is listed on BSE Limited, and the promoter has fulfilled the mandatory disclosure requirements for share acquisitions. The transaction documentation confirms that no encumbrances, voting rights other than shares, or convertible securities were involved in this acquisition.

This open market purchase represents continued promoter activity and maintains Puspamitra Das's position as a significant shareholder in Justo Realfintech Limited with an increased stake of 39.49%.

Justo Realfintech Limited has filed its investor presentation with BSE Limited on March 9, 2026, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The presentation was signed by Puspamitra Das, Chairman and Managing Director, and has been uploaded on the company's website as well.

Business Model and Operations

Justo operates as a tech-driven real estate mandate solutions provider, managing the entire sales value chain under a structured mandate model with soft-underwriting of developer inventory. The company's business spans across three primary verticals: Launch Projects, Sustenance Projects, and Home Loan services.

The company operates under two distinct revenue models - Direct Revenue model where it receives gross percentage fees including Channel Partners' fees, and Net Revenue model where it receives net percentage fees while developers pay Channel Partners directly.

Financial Performance

For the six months ended September 30, 2025, Justo reported revenue from operations of ₹36.6 crores compared to ₹81.4 crores for the full financial year 2024-25. The company achieved a profit after tax of ₹6.0 crores for the six-month period versus ₹15.0 crores for FY 2024-25.

Geographic Presence and Market Position

Justo operates primarily in Pune and Mumbai Metropolitan Region, with additional presence in Aurangabad, Nashik, Kolhapur, and Ahmedabad. The company has established partnerships with over 20 banks and financial institutions for its DSA network and maintains relationships with 13 banks for its home loan vertical.

Current Mandate Portfolio

As of January 31, 2026, the company maintains an active portfolio of 48 projects with a combined value of ₹7,243 crores. This includes 43 active mandates valued at ₹5,806 crores and 5 signed mandates to be commenced worth ₹1,437 crores.

Technology and Expansion Plans

The company is developing proprietary technology platforms with the entire end-to-end system expected to be ready by the end of FY 26-27 or Q1 FY 27-28. Justo plans geographic expansion into Bengaluru, Ahmedabad, and Hyderabad, targeting markets that represent an additional 30% of India's real estate distribution beyond its current 50% market coverage in Pune, MMR and surrounding regions.

Source: None/Company/INE0W5Q01017/fd8b8738-ec42-4497-a03c-b630e872d6f6.pdf