Jaro Institute Of Technology Management And Research Limited IPO
Jaro Institute is one of India’s leading online higher education and upskilling platform companies . The company facilitates and markets a wide range of online degree programs including DBA, MBA, M.Com., M.A., PGDM, MCA, M.Sc., B.Com., BCA, along with cross-disciplinary certification courses. As of March 31, 2025, Jaro Institute has partnered with 36 institutions, comprising 16 Tier-1 universities and institutions, including 7 IIMs and 7 IITs, and 15 Tier-2 universities and institutions. By leveraging strong academic collaborations, advanced technology, and innovative pedagogy, Jaro Institute provides flexible and high-quality education to learners, addressing the growing demand for online learning and career-driven upskilling in India.
Price Band₹846 - ₹890 |
Dates23 Sep - 25 Sep |
GMP₹45 (5.06%) |
Subscriptions22.06 times |
Issue Size₹450.00 Crs |
Jaro Institute Of Technology IPO Key Dates
Opening Date
23 Sep 25
Closing Date
25 Sep 25
Basis Of Allotment
26 Sep 25
Initiations Of Refund
29 Sep 25
Credit Of Shares
29 Sep 25
Listing Date
30 Sep 25
Jaro Institute Of Technology IPO Objects
- Marketing, brand building and advertising activities
- Prepayment of a portion of certain outstanding borrowings availed by our Company
- General corporate purposes
Jaro Institute Of Technology IPO Details
Price Band₹846 - ₹890 |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹170.00 Cr (0.19 Cr Shares) |
Offer For Sale₹280.00 Cr (0.31 Cr Shares) |
Total Issue₹450.00 Cr (0.51 Cr Shares) |
Face Value₹10 per equity share |
Jaro Institute Of Technology IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
16
14,240
Maximum
14
224
1,99,360
|
|||
| Small HNI |
Minimum
15
240
2,13,600
Maximum
70
1,120
9,96,800
|
|||
| Big HNI |
Minimum
71
1,136
10,11,040
|
|||
Jaro Institute Of Technology IPO Subscription
Updated as on 25-Sep-2025 19:00:00
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| QIB | 35.35 | 10,63,829 | 3,76,10,352 |
| NII | 35.48 | 7,97,873 | 2,83,06,272 |
| bNII (bids above ₹10L) | 33.83 | 5,31,916 | 1,79,96,512 |
| sNII (bids between ₹2L to ₹10L) | 38.76 | 2,65,957 | 1,03,09,760 |
| Retail | 8.71 | 18,61,702 | 1,62,14,688 |
| Total | 22.06 | 37,23,404 | 8,21,31,312 |
Jaro Institute Of Technology IPO GMP
The estimated Grey Market Premium of Jaro Institute Of Technology IPO is ₹45 per share (5.06%)
Category Allocation
| Particulars | Allocation |
|---|---|
| QIBs | Not more than 50% of Net Offer |
| Big HNIs (NII) | Not less than 10% of Net Offer |
| Small HNIs (NII) | Not less than 5% of Net Offer |
| Retail | Not less than 35% of Net Offer |
Jaro Institute Of Technology IPO Financials
| Particulars | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| Revenue from Operations | 252.26 | 199.05 | 122.15 |
| Profit after Tax | 51.67 | 37.97 | 11.65 |
| Total Equity | 171.55 | 117.43 | 83.57 |
| Total Borrowing | 51.11 | 24.85 | 37.77 |
| Total Assets | 276.70 | 201.76 | 175.75 |
| NAV per share (in ₹) | 84.77 | 58.43 | 41.67 |
| EPS - Basic (in ₹) | 25.53 | 18.90 | 5.78 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | Values |
|---|---|
| EBITDA | 33.13% |
| PAT | 20.34% |
| ROE | 35.76% |
| ROCE | 37.38% |
| Debt to Equity | 0.30 |
| PE Ratio | 34.86 |
| PB Ratio | 10.50 |
| Mkt Cap (in Crs.) | 1,971.91 |
All the data pertains to FY 2024-25.PE, PB, and market capitalization are calculated based on the Upper Price Band.
Jaro Institute Of Technology IPO Peer Comparision
Company has no listed peers.
Jaro Institute Of Technology IPO Peer Comparision
Company has no listed peers.
Promoter Details
| Name | Shareholding |
|---|---|
| Sanjay Salunkhe | 70.98% |
| Balkrishna Salunkhe | 6.70% |
| Total | 77.68% |
Management Details
| Name | Designation |
|---|---|
| Sanjay Salunkhe | Chairman & MD |
| Ranjita Raman | CEO |
| Sankesh Mophe | CFO |
Company Details
Name: Jaro Institute of Technology Management and Research Limited
Address: 11th Floor, Vikas Centre, Dr. C.G. Road, Chembur – East, Mumbai – 400074, Maharashtra, India
Number: 022 – 2520 5763
Email: cs@jaro.in
Website: www.jaroeducation.com
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Find answers to common questions that come in your mind related to IPO.
Jaro Institute Of Technology IPO is a Mainboard IPO having an issue size of Rs. ₹450.00 Crs. Jaro Institute Of Technology IPO is priced at ₹846 - ₹890 per share. The issue opens on 23 Sep 25 and closes on 25 Sep 25.
Jaro Institute Of Technology IPO opens on 23 Sep 25 and closes on 25 Sep 25.
The estimated Grey Market Premium of Jaro Institute Of Technology IPO is ₹45 per share (5.06%).
The minimum lot size of Jaro Institute Of Technology IPO is 16 shares & the minimum application amount is Rs. 14240.
The allotment date of Jaro Institute Of Technology IPO is 26 Sep 25.
The listing date of Jaro Institute Of Technology IPO is 30 Sep 25.
Jaro Institute Of Technology IPO is subscribed 22.06 times.
Jaro Institute Of Technology IPO is priced at ₹846 - ₹890 per share.
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