Comparison between Justo Realfintech IPO and SK Minerals IPO.
Justo Realfintech IPO is a SME Bookbuilding IPO proposed to list at BSE SME while SK Minerals IPO is a SME Bookbuilding proposed to list at BSE SME.
| Justo Realfintech IPO | SK Minerals IPO | |
|---|---|---|
| Logo |  | |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Vivro Financial Services Pvt.Ltd. | Khambatta Securities Ltd. |
| Registrar | Purva Sharegistry (India) Pvt.Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | Rikhav Securities Ltd. | Rikhav Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Justo Realfintech IPO is up to ₹59.82 Cr whereas the issue size of the SK Minerals IPO is up to ₹39.09 Cr. The final issue price of Justo Realfintech IPO is ₹127.00 per share and of SK Minerals IPO is ₹127.00 per share.
| Justo Realfintech IPO | SK Minerals IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹120.00 per share | ₹120.00 per share |
| Issue Price (Upper) | ₹127.00 per share | ₹127.00 per share |
| Issue Price (Final) | ₹127.00 per share | ₹127.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1000 shares | 1000 shares |
| Fresh Issue Size | 47,10,000 shares | 30,78,000 shares |
| Fresh Issue Size (Amount) | up to ₹59.82 Cr | up to ₹39.09 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 47,10,000 shares | 30,78,000 shares |
| Issue Size Total (Amount) | up to ₹59.82 Cr | up to ₹39.09 Cr |
Justo Realfintech IPO opens on Sep 24, 2025, while SK Minerals IPO opens on Oct 10, 2025. The closing date of Justo Realfintech IPO and SK Minerals IPO is Sep 26, 2025, and Oct 14, 2025, respectively.
| Justo Realfintech IPO | SK Minerals IPO | |
|---|---|---|
| Anchor Bid Date | Sep 23, 2025 | Oct 09, 2025 |
| Issue Open | Sep 24, 2025 | Oct 10, 2025 |
| Issue Close | Sep 26, 2025 | Oct 14, 2025 |
| Basis Of Allotment (Tentative) | Sep 29, 2025 | Oct 15, 2025 |
| Initiation of Refunds (Tentative) | Sep 30, 2025 | Oct 16, 2025 |
| Credit of Share (Tentative) | Sep 30, 2025 | Oct 16, 2025 |
| Listing date (Tentative) | Oct 01, 2025 | Oct 17, 2025 |
| Anchor Lockin End date 1 | Oct 28, 2025 | Nov 14, 2025 |
| Anchor Lockin End date 2 | Dec 27, 2025 | Jan 13, 2026 |
Justo Realfintech IPO P/E ratio is 11.55, as compared to SK Minerals IPO P/E ratio of 10.45.
| Justo Realfintech IPO | SK Minerals IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Company Financials (Restated Consolidated)Justo Realfintech Ltd.'s revenue increased by 37% and profit after tax (PAT) rose by 127% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated Standalone)SK Minerals & Additives Ltd.'s revenue increased by 95% and profit after tax (PAT) rose by 253% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 51.87 | 100 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 38.18 | 73.53 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 11.55 | 10.45 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹238.74 Cr. | ₹155.45 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 38.84% | 46.23% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 44.18% | 22.88% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.32 | 1.89 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹10.99 | ₹12.15 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 38.84% | 46.23% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Justo Realfintech IPO Retail Individual Investors (RII) are offered 16,50,000 shares while in SK Minerals IPO retail investors are offered 16,50,000 shares. Qualified Institutional Buyers (QIB) are offered 9,42,000 shares in Justo Realfintech IPO and 6,15,000 shares in SK Minerals IPO.
| Justo Realfintech IPO | SK Minerals IPO | |
|---|---|---|
| Anchor Investor Reservation | 14,10,000 shares | 9,23,000 shares |
| Market Maker Reservation | 2,51,000 shares | 1,62,000 shares |
| QIB | 9,42,000 shares | 6,15,000 shares |
| NII | 7,08,000 shares | 4,62,000 shares |
| RII | 16,50,000 shares | 10,78,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 47,10,000 shares | 30,78,000 shares |
Justo Realfintech IPO subscribed 4.57x in total, whereas SK Minerals IPO subscribed 3.52x.
| Justo Realfintech IPO | SK Minerals IPO | |
|---|---|---|
| QIB (times) | 7.21x | 1.01x |
| NII (times) | 6.81x | 7.15x |
| Big NII (times) | 8.54x | 8.84x |
| Small NII (times) | 3.38x | 3.79x |
| RII (times) | 2.10x | 3.39x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 4.57x | 3.52x |
