Justo Realfintech Ltd secures new sales mandates of over Rs. 1,100 crore

Justo Realfintech Limited ("the Company") has secured new sales mandates aggregating to over ₹1,100 crore across residential and commercial projects located in Mumbai and Pune. With these additions, the cumulative value of mandates secured by the Company since listingstandsat approximately ₹4,647 crore. The aggregate value of mandates currently under execution includingthe mandates secured since listing stands at approximately ₹6,272 crore. The newly secured mandates are associated with projects being developed by various developers, including Malpani Estates, Sneha Constructions, Mohid Constructions Co, BB Square, SouthFieldRealty, Kakkad-Shah Promoters LLP and Ravi Developments,. These projects collectively comprise approximately 900 units and over 7.7 lakh square feet of saleablearea. In the nine months since listing, the Company's executable mandate portfolio has increasedbyapproximately 50%. The mandates are in line with the Company's business model of undertaking sales and marketingresponsibilities for real estate projects on a mandate basis.

Shares of Justo Realfintech Limited was last trading in BSE at Rs. 104.05 as compared to the previous close of Rs. 102.00. The total number of shares traded during the day was 39000 in over 37 trades.

The stock hit an intraday high of Rs. 117.90 and intraday low of 102.00. The net turnover during the day was Rs. 4375500.00.

Source : Equity Bulls

Keywords

JustoRealfintech INE0W5Q01017 RealEstate SalesMandates