Jaro Institute

Jaro Institute

Mainboard

Min): 16 Shares / Retail

Exp. Premium:87-92(9.78%)
Offer Date:Sep 23, 2025 - Sep 25, 2025
Share

IPO Details

Jaro Institute IPO is priced between ₹846-₹890 per equity share, with a face value of ₹10 per share. The company's equity shares will be listed on the Mainboard, and Bigshare Services Pvt.Ltd. is managing the issue as the registrar.

The IPO bidding period opened on 23 Sep, 2025, and closed on 25 Sep, 2025. The allotment results will be announced on 26 Sep, 2025, with a tentative listing date set for 30 Sep, 2025.

The total issue comprises 50,56,179 shares , amounting to ₹450.00 Cr.

Jaro Institute IPO Highlights

IPO DateListing DateFace ValuePrice BandLot SizeFresh IssueOffer for SaleListing At
Sep 23, 2025 - Sep 25, 202530 Sep, 2025₹10 Per Equity Share₹846-₹890 per equity share- Shares -BSE, NSE

Jaro Institute IPO Timeline

IPO Open Date
23 Sep, 2025
IPO Close Date
25 Sep, 2025
Basis of Allotment
26 Sep, 2025
Listing Date
30 Sep, 2025

Issue Price

₹846-₹890 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Bigshare Services Pvt.Ltd.

Market Lot

Retail (Min): 16 Shares (₹14,240/-)S-NII (Min): 240 Shares (₹2,13,600/-)S-NII (Max): 1,120 Shares (₹9,96,800/-)B-NII (Min): 1,136 Shares (₹10,11,040/-)

Lead Manager

Nuvama Wealth Management Ltd., Motilal Oswal Investment Advisors Ltd., Systematix Corporate Services Ltd.

Issue Size

50,56,179 shares (aggregating up to ₹450.00 Cr)Fresh Issue: 19,10,112 shares (aggregating up to ₹170.00 Cr)Offer for Sale: 31,46,067 shares of ₹10 (aggregating up to ₹280.00 Cr)

Retail Portion

35% (Number of Retail Applications: 1,10,604 Approx),(Number of S-HNI Applications : 1,053 Approx),(Number of B-HNI Applications : 2,107 Approx)

Subscription

N/A times

IPO Docs

DRHP RHP

Jaro Institute IPO Financial Information

Period EndedAssetsRevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31 Mar 24201.76202.5737.97117.43102.3924.85
31 Mar 23175.75124.5911.6577.8562.8037.77

All values are in ₹ Cr.

Jaro Institute IPO Valuations

EPS PRE IPO

₹25.52

EPS POST IPO

₹23.32

PE PRE IPO

34.88

PE POST IPO

38.17

ROE

35.76%

ROCE

37.38%

DEBT EQUITY

0.30

RONW

30.12%

PAT MARGIN

20.34%

PRICE TO BOOK VALUE

10.50

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).

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Jaro Institute IPO - Issue 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
Company Contact Details

Jaro Institute

11th Floor, Vikas Centre, Dr. C.G. Road, Chembur – East, Mumbai, Maharashtra, 400074

Phone: 022 2520 5763

Email: cs@jaro.in

Website: https://www.jaroeducation.com/

Registrar Contact Details

Bigshare Services Pvt.Ltd.