Press Release - Justo Realfintech Limited ("Justo") secures Rs. 1,545+ crore in new mandates, cumulative portfolio crosses Rs. 4,500 crore.
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Justo Realfintech has won exclusive sales mandates for four premium residential and mixed-use projects in Pune and Mumbai — Minerva Sukhwani (GDV ₹182 cr), Chandraranga (₹217.1 cr), Pebbles (₹784 cr), and Stellar (₹362 cr) — adding up to ₹1,545+ crore in Gross Development Value across 1,385 units and 13.29 lakh sq. ft. This represents over 50% growth, pushing its cumulative mandate portfolio past ₹4,500 crore (up from ₹3,000+ crore across 30+ live projects). The company expects ₹144–162 crore in revenue from total available inventory, assuming an 80–90% weighted average success ratio. Justo will handle end-to-end sales execution including pricing, digital marketing, and channel-partner distribution. The company recently listed on BSE (Scrip Code 544542) and is positioning this momentum to attract new partnerships and scale further.
Positive for shareholders — the 50%+ jump in mandate portfolio signals strong business momentum and improved revenue visibility post-listing, though actual revenue realization depends on project sales execution and RERA approvals. Watch for absorption rates in upcoming quarters to confirm whether the projected ₹144–162 crore revenue materializes.