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Home All IPOs Jaro Institute of Technology Management & Research Ltd IPO
Jaro Institute of Technology Management & Research Ltd IPO
NSE & BSE Bookbuilding IPO Fresh Capital-cum-Offer for Sale Closed Live Chart
GMP +₹0 +0% Est. Listing ₹890
Issue Price
₹890
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹890
GMP based
Lot Size
16
shares / lot
Min Amount
₹14,240
1 lot · 16 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
23 Sep 2025
Tue Completed
Done
Close Date
25 Sep 2025
Thu Completed
Done
Allotment
26 Sep 2025
Fri Completed
Done
Refund
29 Sep 2025
Mon Completed
Done
Demat Credit
29 Sep 2025
Mon Completed
Done
Listing Date
30 Sep 2025
Tue Completed
UPI Deadline: 25 Sep 2025
Issue Details
Pricing & Size
Issue Price
₹890 Face ₹10
Lot Size
16 shares
Min Investment
₹14,240
Total Issue Size
50,56,179 shares (aggregating up to ₹450.00 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital-cum-Offer for Sale
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
Not more than 50% of the Offer size
NII / HNI
Not less than 15% of the Offer
Retail
Not less than 35% of the Offer
Employee
-
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
2,02,46,177 shares
Post-Issue Shareholding
2,21,56,289 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 16 ₹14,240
Objects of Issue
3 objectives
1
Marketing, brand building and advertising activities
81.00 Cr
2
Prepayment or scheduled re-payment of a portion of certain outstanding borrowings availed by the Company
45.00 Cr
3
General corporate purposes
Lead Managers & Market Maker
Book Running Lead Managers
Nuvama Wealth Management Ltd
Motilal Oswal Investment Advisors Ltd
Systematix Corporate Services Ltd
IPO Timeline
Open
23 Sep
✓ Done
Close
25 Sep
✓ Done
Allotment
26 Sep
✓ Done
Listing
30 Sep
✓ Done
Registrar Details
Bigshare Services Pvt.Ltd
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-6263 8200
Email
ipo@bigshareonline.com
Company Contact
Email
cs@jaro.in
Phone
022 2520 5763
Address
11th Floor, Vikas Centre, Dr. C.G. Road, Chembur – East, Mumbai, Maharashtra, 400074
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹890
Est. Listing
₹890
Lot Size
16 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Jaro Institute of Technology Management & Research Ltd LIVE
INR ·
vs Issue
Open
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Mkt Cap
P/E
52W H
52W L
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| Price
Market Reference
IPO Issue Price
₹890
GMP
+₹0 (+0%)
GMP Est. Listing
₹890
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB Not more than 50% of the Offer size ₹0.00 Cr
NII / HNI (Total) Not less than 15% of the Offer ₹0.00 Cr
Retail Investors Not less than 35% of the Offer ₹0.00 Cr
* Based on ₹890.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
Not more than 50% of the Offer size
NII
Not less than 15% of the Offer
Retail
Not less than 35% of the Offer
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Crore
Metric31 Mar 202531 Mar 202431 Mar 2023
Revenue254.02202.57124.59
PAT51.6737.9711.65
EBITDA83.5863.5625.55
Net Worth171.55117.4377.85
Total Assets276.70201.76175.75
Reserves151.31102.3962.80
Borrowings51.1124.8537.77
Key Financial Ratios
35.76%
ROE
Return on Equity
37.38%
ROCE
Return on Capital Employed
30.12%
RONW
Return on Net Worth
20.34%
PAT Margin
PAT / Revenue
33.13%
EBITDA Mgn
EBITDA / Revenue
0.30
D/E Ratio
Debt to Equity
10.50
P/BV
Price to Book Value
25.52
Pre EPS
EPS Pre-Issue
23.32
Post EPS
EPS Post-Issue
34.88
Pre P/E
P/E Pre-Issue
38.17
Post P/E
P/E Post-Issue
About Jaro Institute of Technology Management & Research Ltd

Incorporated in 2009, Jaro Institute of Technology Management and Research Limited (Jaro Education) is an online higher education and upskilling platform.

As of March 31, 2025, Jaro has a pan-India presence with over 22 offices-cum-learning centres across major cities for offline learning, along with 17 immersive tech studio set-ups located within various IIM campuses. Through these facilities, the company caters to a total of 36 Partner Institutions.

The company offers and delivers a wide range of online degree programs such as DBA, MBA, M.Com, M.A., PGDM, MCA, M.Sc, B.Com, and BCA, along with cross-disciplinary certification courses. These programs are provided in partnership with 36 institutions, as of March 31, 2025.

As of March 31, 2025, 268 degree programs and certification courses are offered by the company's Partner Institutions, which Jaro Education markets and facilitates.

As of March 31, 2025, the company had 860 employees.

Business Strengths

  • Market leading position in online higher education and upskilling space
  • Comprehensive solutions to Partner Institutions and Learners
  • High revenue predictability backed by long-lasting, robust client relationships
  • Proven track record in facilitating delivery of high quality and diversified offerings
  • Leveraging technology and digitalization
  • Experienced senior management team with deep industry expertise and proven track record
Frequently Asked Questions
What is the issue price of Jaro Institute of Technology Management & Research Ltd IPO?
The issue price of Jaro Institute of Technology Management & Research Ltd IPO is ₹890 per share, face value ₹10.
What is the lot size?
Minimum lot size is 16 shares, requiring ₹14,240.
What are the IPO dates?
Opens 23 Sep 2025, closes 25 Sep 2025.
When is the listing date?
Tentative listing: 30 Sep 2025 on NSE & BSE.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹890 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Jaro Institute of Technology Management & Research Ltd IPO · Expected 26 Sep 2025

Check on Registrar
Post-IPO Timeline
Allotment Date
26 Sep 2025
Refund Initiation
29 Sep 2025
Demat Credit
29 Sep 2025
Listing Date
30 Sep 2025
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹890
Face ₹10
Lot Size
16
shares / lot
Min Amount
₹14,240
1 lot
Est. Listing
₹890
GMP +₹0
Key Dates
Open
23 Sep Done
Close
25 Sep Done
Listing
30 Sep Done
Registrar
Bigshare Services Pvt.Ltd
A
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