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Justo Realfintech IPO vs True Colors IPO

Comparison between Justo Realfintech IPO and True Colors IPO.

IPO Details

Justo Realfintech IPO is a SME Bookbuilding IPO proposed to list at BSE SME while True Colors IPO is a SME Bookbuilding proposed to list at BSE SME.

 Justo Realfintech IPOTrue Colors IPO
LogoJusto Realfintech IPO LogoTrue Colors IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtBSE SMEBSE SME
Lead ManagersVivro Financial Services Pvt.Ltd.GYR Capital Advisors Pvt.Ltd.
RegistrarPurva Sharegistry (India) Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market Maker
DRHPDRHP DRHP
RHP
Anchor Investor
IPO Allotment URL

Issue Size and Price

The total issue size of Justo Realfintech IPO is up to ₹0.00 Cr whereas the issue size of the True Colors IPO is up to ₹0.00 Cr. The final issue price of Justo Realfintech IPO is and of True Colors IPO is .

 Justo Realfintech IPOTrue Colors IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)
Discount (Retail)
Discount (Employee)
Market Lot Size
Fresh Issue Size49,61,000 shares57,00,000 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
OFS Issue Size0 shares10,00,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total49,61,000 shares67,00,000 shares
Issue Size Total (Amount)up to ₹0.00 Crup to ₹0.00 Cr

IPO Timetable

Justo Realfintech IPO opens on , while True Colors IPO opens on . The closing date of Justo Realfintech IPO and True Colors IPO is , and , respectively.

 Justo Realfintech IPOTrue Colors IPO
Anchor Bid Date
Issue Open
Issue Close
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)
Credit of Share (Tentative)
Listing date (Tentative)
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Justo Realfintech IPO P/E ratio is , as compared to True Colors IPO P/E ratio of .

 Justo Realfintech IPOTrue Colors IPO
Financials

Justo Realfintech Limited Financial Information (Restated Consolidated)

Period Ended28 Feb 202531 Mar 202431 Mar 202331 Mar 2022
Assets72.6841.7732.6214.29
Total Income73.5359.4570.5530.19
Profit After Tax13.236.6915.303.70
Net Worth49.4626.9220.315.05
Reserves and Surplus36.6226.9320.234.93
Total Borrowing13.992.313.612.95
Amount in ₹ Crore

True Colors Ltd. Financial Information (Restated)

True Colors Ltd.'s revenue increased by 45% and profit after tax (PAT) rose by 199% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets154.97105.9145.53
Total Income234.05160.9180.94
Profit After Tax24.698.253.92
EBITDA40.9114.505.67
Net Worth55.4514.616.37
Reserves and Surplus36.5014.145.90
Total Borrowing47.5156.5620.04
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)51.8794.99
Promoter Shareholding (Post-Issue)
P/E Ratio
Market Cap
ROE28.35%70.49%
ROCE38.62%35.94%
Debt/Equity0.100.86
EPS
RoNW28.35%44.53%

Shares Offered

In the Justo Realfintech IPO Retail Individual Investors (RII) are offered while in True Colors IPO retail investors are offered . Qualified Institutional Buyers (QIB) are offered in Justo Realfintech IPO and 0 shares in True Colors IPO.

 Justo Realfintech IPOTrue Colors IPO
Anchor Investor Reserveration0 shares
Market Maker Reserveration0 shares
QIB0 shares
NII0 shares
RII0 shares
Employee0 shares
Others
Total0 shares

Bids Received (Subscription)

Justo Realfintech IPO subscribed in total, whereas True Colors IPO subscribed .

 Justo Realfintech IPOTrue Colors IPO
QIB (times)
NII (times)
Big NII (times)
Small NII (times)
RII (times)
Employee (times)
Other (times)
Total (times)