Jaro Institute Of Technology Management And Research Limited IPO

Jaro Institute Of Technology Management And Research Limited IPO

Mainboard NSE & BSE 100% Book Built Offer
Closed

Price Band

₹846 - ₹890

Total Issue

₹450.00 Cr

Bid Dates

23 Sep - 25 Sep

Subscription

22.06x

Est. GMP

₹45 (5.06%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

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.

Lot Info

Lot Information for Jaro Institute Of Technology IPO
Category Lots Shares Amount
Retail (Min) 1 16 ₹14,240
Retail (Max) 14 224 ₹1,99,360
S-HNI (Min) 15 240 ₹2,13,600
S-HNI (Max) 70 1,120 ₹9,96,800
B-HNI (Min) 71 1,136 ₹10,11,040

Category Reservation

QIB 50%
NII 15%
Ret 35%
Employee
₹0.00
Shareholder
₹0.00

Issue Size

Total ₹450.00 Cr
Fresh Issue
₹170.00 Cr (0.19 Cr Shares)
Offer For Sale
₹280.00 Cr (0.31 Cr Shares)

Objects of Issue

  1. Marketing, brand building and advertising activities
  2. Prepayment of a portion of certain outstanding borrowings availed by our Company
  3. General corporate purposes

Grey Market Premium

GMP ₹45
Est. Price ₹935
Est. Gain 5.06%

Jaro Institute Of Technology IPO Peer Comparison

Company has no listed peers.

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Jaro Institute Of Technology IPO
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

KPIs

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.

Shareholding

Promoter

77.68%

Public

22.32%

Sanjay Salunkhe 70.98%
Balkrishna Salunkhe 6.70%

Management

Sanjay Salunkhe Chairman & MD
Ranjita Raman CEO
Sankesh Mophe CFO

Registrar & Lead Managers

Registrar

Bigshare Services

Bigshare Services

Subscription Status

Updated as on 25-Sep-2025 19:00:00

Mainboard Subscription Status for Jaro Institute Of Technology IPO
Category Sub (x) Offered Bids
QIB 37.19 10,11,237 3,76,10,352
NII 37.32 7,58,427 2,83,06,272
bHNI 35.59 5,05,618 1,79,96,512
sHNI 40.78 2,52,809 1,03,09,760
Retail 9.16 17,69,663 1,62,14,688
Total 23.21 35,39,327 8,21,31,312

Frequently Asked Questions

What is Jaro Institute Of Technology IPO?
Jaro Institute Of Technology IPO is a Mainboard IPO having an issue size of ₹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.
When will Jaro Institute Of Technology IPO open?
Jaro Institute Of Technology IPO opens on 23 Sep 25 and closes on 25 Sep 25.
What is the GMP of Jaro Institute Of Technology IPO?
The estimated Grey Market Premium of Jaro Institute Of Technology IPO is ₹45 per share (5.06%).
What is the lot size of Jaro Institute Of Technology IPO?
The minimum lot size of Jaro Institute Of Technology IPO is 16 shares & the minimum application amount is Rs. 14240.
When is the allotment of Jaro Institute Of Technology IPO?
The allotment date of Jaro Institute Of Technology IPO is 26 Sep 25.
What is the listing date of Jaro Institute Of Technology IPO?
The listing date of Jaro Institute Of Technology IPO is 30 Sep 25.
What is the subscription of Jaro Institute Of Technology IPO?
Jaro Institute Of Technology IPO is subscribed 22.06 times.
What is the price band of Jaro Institute Of Technology IPO?
Jaro Institute Of Technology IPO is priced at ₹846 - ₹890 per share.
How to check allotment status of Jaro Institute Of Technology IPO?
Click the allotment link on Jaro Institute Of Technology IPO page of IPO360.
How to apply Jaro Institute Of Technology IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Jaro Institute Of Technology IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Jaro Institute Of Technology IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Jaro Institute Of Technology IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date