
Jaro Institute
Mainboard₹14,240 / 16 Shares
IPO Live Subscription Details
| Category | Subscription (Times) |
|---|---|
| Date | 25 Sep 2025, 06:55 PM |
| QIBs | 37.19 |
| NII | Bids above ₹10L: 35.59 times Bids below ₹10L: 40.78 times NII Total: 37.32 |
| Retail | 9.16 times |
| Total | 23.21 times |
Jaro Institute IPO Details
The Jaro Institute IPO price band is set between ₹846-₹890 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt.Ltd., and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 23 Sep, 2025 and closes on 25 Sep, 2025. Investors can check the allotment status on 26 Sep, 2025, while the listing date is tentatively scheduled for 30 Sep, 2025.
The total issue size is 50,56,177 shares, aggregating up to ₹450 crore. Stay tuned for the latest Jaro Institute IPO review and GMP updates.
Jaro Institute IPO Review, Rating & Analysis
Jaro Institute IPO Review
NO REVIEWJaro Institute IPO Rating
Jaro Institute IPO Highlights
IPO Date
Sep 23, 2025 - Sep 25, 2025
Listing Date
30 Sep, 2025
Face Value
₹10 Per Equity Share
Price Band
₹846-₹890 per equity share
Lot Size
16 Shares
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Jaro Institute IPO Lot Size
The minimum market lot for Jaro Institute IPO is 16 shares with an application amount of ₹14,240. Retail investors can apply for up to 14 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | 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 | 1120 | ₹9,96,800 |
| B-HNI (Min) | 71 | 1136 | ₹10,11,040 |
Jaro Institute IPO Timeline
Issue Price
₹846-₹890 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Bigshare Services Pvt.Ltd.Lead Manager
Nuvama Wealth Management LtdMotilal Oswal Investment Advisors LtdSystematix Corporate Services LtdIssue Size
50,56,177 shares(aggregating up to ₹450 crore)Jaro Institute IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 25 | 276.70 | 254.02 | 51.67 | 171.55 | 151.31 | 51.11 |
| 31 Mar 24 | 201.76 | 202.57 | 38.01 | 37.97 | 117.43 | 24.85 |
| 31 Mar 23 | 175.75 | 124.59 | 11.42 | 11.65 | 83.57 | 37.77 |
All values are in ₹ Cr.
Jaro Institute IPO Valuations
EPS Pre IPO
₹25.52EPS Post IPO
₹23.32PE Pre IPO
34.88PE Post IPO
38.17ROE
35.76%ROCE
37.38%Debt Equity
0.30RoNW
30.12%PAT Margin
20.34%Price to Book Value
10.50Promoters & Share Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
Incorporated in the year 2009, Jaro Institute of Technology Management and Research Limited (Jaro Education) is an online higher education business. The business has a pan-India reach of more than 22 office-cum-learning centres in key cities for offline learning, in addition to 17 immersive tech studio set-ups within the campuses of different IIMs, Jaro Education service a total of 34 Partner Institutions, as of March 31, 2025.
The company's list of 36 partners includes top-tier Partner Institutions both within India and across the world, including IITs, IIMs and top global institutions like Swiss School of Management and Rotman School of Management, University of Toronto, and leading corporates, out of which 29 institutions have achieved the honor of being counted among the top 100 partners in their respective streams by NIRF, as of 2025.
Jaro Education has also gained appreciation from Symbiosis International (Deemed University), IITs and IIMs for assisting them in technology and infrastructure support for delivery of lectures, marketing and promotion and student acquisitions and support.
As of March 31, 2025, the company provides a total of 268 Degree courses and programs, such as Doctor of Business Administration ("D.B.A."), Master of Business Administration ("M.B.A."), Master of Commerce ("M.Com."), Master of Arts ("M.A.), Post Graduate Diploma in Management ("P.G.D.M."), Master of Computer Applications ("M.C.A."), Bachelor of Commerce ("B.Com."), Bachelor of Computer Applications ("BCA") and other degree courses.
Provides online, hybrid and on-campus certification programs in management, fintech, data science, business analytics, design thinking and digital marketing. It has associations with 36 Partner Institutions, including 16 Tier-1 Indian universities and institutions, (7 IIMs, 7 IITs, and 15 Tier-2 Universities).
Jaro Institute IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 10,11,236 | 7,58,427 5,05,618 2,52,809 | 17,69,663 | 35,39,326 |
Day 123-09-25 05:00 PM | 0.49 x | 1.91 3.27 x 1.00 x | 0.73 x | 0.92 x |
Day 224-09-25 05:00 PM | 0.71 x | 3.67 3.51 x 3.99 x | 2.12 x | 2.05 x |
Day 325-09-25 05:00 PM | 37.19 x | 37.32 35.59 x 40.78 x | 9.16 x | 23.21 x |
Retail:8.37x
BHNI:6.93x
SHNI:40.18x
Jaro Institute IPO - Issue Objectives & Utilisation of proceeds
| Objectives | Amount |
|---|---|
| Marketing, brand building and advertising activities: | ₹ 81.00 Cr |
| Prepayment or scheduled re-payment of a portion of certain outstanding borrowings availed by the Company: | ₹ 48.00 Cr |
| General corporate purposes | - |
Company Contact Details
Jaro Institute
11th Floor, Vikas Centre, Dr. C.G. Road, Chembur – East, Mumbai, Maharashtra, 400074Registrar Contact Details
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Frequently Asked Questions about Jaro Institute IPO
When will Jaro Institute IPO open for subscription?
The Jaro Institute IPO opens on 23 Sep, 2025 and closes on 25 Sep, 2025.
What is the investors portion for Jaro Institute IPO?
The investors' portion for QIB is 37.19 x, NII is 35.59 x, and Retail is 9.16 x.
How to apply for Jaro Institute IPO?
You can apply for Jaro Institute IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Jaro Institute IPO?
The issue size of Jaro Institute IPO is approx ₹50,56,177 shares(aggregating up to ₹450 crore) crores.
What is the price band of Jaro Institute IPO?
The price band for Jaro Institute IPO is ₹846 to ₹₹890 per equity share.
What is the lot size of Jaro Institute IPO?
The minimum bid (lot size) for Jaro Institute IPO is N/A shares with an investment of approx ₹14,240 .
What is the allotment date of Jaro Institute IPO?
The allotment date for Jaro Institute IPO is 26 Sep, 2025.
What is the listing date of Jaro Institute IPO?
The listing date for Jaro Institute IPO is expected to be 30 Sep, 2025.
What is the GMP of Jaro Institute IPO?
The latest Grey Market Premium (GMP) for Jaro Institute IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.
