
Jaro Institute
MainboardMin): 16 Shares / Retail
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 Date | Listing Date | Face Value | Price Band | Lot Size | Fresh Issue | Offer for Sale | Listing At |
---|---|---|---|---|---|---|---|
Sep 23, 2025 - Sep 25, 2025 | 30 Sep, 2025 | ₹10 Per Equity Share | ₹846-₹890 per equity share | - | Shares | - | BSE, NSE |
Jaro Institute IPO Timeline
Issue Price
₹846-₹890 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
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 timesJaro Institute IPO Financial Information
Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
---|---|---|---|---|---|---|
31 Mar 24 | 201.76 | 202.57 | 37.97 | 117.43 | 102.39 | 24.85 |
31 Mar 23 | 175.75 | 124.59 | 11.65 | 77.85 | 62.80 | 37.77 |
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).
Jaro Institute IPO - Issue Objectives
- 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: ₹45.00 Cr
- General corporate purposes
Jaro Institute
11th Floor, Vikas Centre, Dr. C.G. Road, Chembur – East, Mumbai, Maharashtra, 400074Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com