Back

Jaro Institute of Technology Management & Research Ltd

IPO Details · GMP · Subscription · Financials

✅ Listed NSE & BSE Mainboard Live Chart
Issue Price
₹890
Per Share
GMP
NIL
Grey Market
Est. Listing
₹890
Expected Price
Min. Application
₹28,480
2 lots × 16 shares
IPO Issue Details
Issue Price / Price Band₹890 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size16 Shares per Lot
Total Issue Size50,56,179 shares (aggregating up to ₹450.00 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenTue, 23 Sep 2025
Subscription CloseThu, 25 Sep 2025
Anchor AllotmentMon, 22 Sep 2025
Basis of AllotmentFri, 26 Sep 2025
Initiation of RefundsMon, 29 Sep 2025
Credit of Shares to DematMon, 29 Sep 2025
Listing DateTue, 30 Sep 2025
UPI Mandate Deadline2025-09-25
Application & Investment Details
Retail — Min (1 Lots)₹14,240 — 16 shares
Retail — Max (13 Lots)₹185,120 (13 Lots)
HNI — Min (3 Lots)₹42,720 — 48 shares
EPS (Pre-IPO)₹25.52
EPS (Post-IPO)₹23.32
P/E Ratio (Pre-IPO)34.88x
P/E Ratio (Post-IPO)38.17x
Pre-IPO Promoter Holding2,02,46,177 shares
Post-IPO Promoter Holding2,21,56,289 shares
Fresh Issue Shares19,10,112 shares (aggregating up to ₹170.00 Cr)
Offer for Sale Shares31,46,067 shares of ₹10 (aggregating up to ₹280.00 Cr)
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 StrengthsMarket leading position in online higher education and upskilling spaceComprehensive solutions to Partner Institutions and LearnersHigh revenue predictability backed by long-lasting, robust client relationshipsProven track record in facilitating delivery of high quality and diversified offeringsLeveraging technology and digitalizationExperienced senior management team with deep industry expertise and proven track record

Objects of the Issue

Jaro Institute of Technology Management & Research Ltd proposes to utilise the net proceeds from the Issue for the following objects:

1
Marketing, brand building and advertising activities
81.00
2
Prepayment or scheduled re-payment of a portion of certain outstanding borrowings availed by the Company
45.00
3
General corporate purposes
Shareholding & Lock-in
Pre-IPO Promoter Holding 2,02,46,177 shares
Post-IPO Promoter Holding 2,21,56,289 shares
Check AllotmentCheck Status →
Jaro Institute of Technology Management & Research Ltd — Live Price LIVE
₹890.00
INR · BSE
Fetching live data…
VS Issue Price
OPEN
HIGH
LOW
MKT CAP
P/E
52W HIGH
52W LOW
VOLUME
DIVIDEND
DIV YIELD
Loading chart…
Chart Not Available
Jaro Institute of Technology Management & Research Ltd is not yet listed on Yahoo Finance or has a different ticker symbol.
Try again after listing stabilises (2-3 trading days).
Issue ₹890.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹890
GMPNIL
Est. Listing₹890
Lot Size16 shares
Min Amount₹28,480
Listing Date30 Sep 2025
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹890
Listing Date30 Sep 2025
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Subscription data will be available once the IPO opens.
Lot Size & Investment Details
Lot Size
16
Shares
Issue Price
₹890.00
Per Share
Min Investment
₹14,240
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 16 ₹14,240
Retail (Max) 13 208 ₹185,120
sNII (Min) 15 240 ₹213,600
bNII (Min) 71 1,136 ₹1,011,040
Company Financials — Restated Consolidated (Amount in ₹ Crore)
Particulars31 Mar 202531 Mar 202431 Mar 2023
Revenue from Operations 254.02 202.57 124.59
EBITDA 83.58 63.56 25.55
Profit After Tax (PAT) 51.67 37.97 11.65
Net Worth 171.55 117.43 77.85
Total Assets 276.70 201.76 175.75
Reserves & Surplus 151.31 102.39 62.80
Total Borrowings 51.11 24.85 37.77
Key Ratios & Valuation
Issue Price ₹890
Face Value ₹10 Per Share
P/BV 10.50
RoE 35.76%
RoCE 37.38%
RoNW 30.12%
PAT Margin (%) 20.34%
EBITDA Margin (%) 33.13%
Debt / Equity 0.30
Company Details
Company
Jaro Institute of Technology Management & Research Ltd
Exchange
NSE & BSE
IPO Type
Mainboard IPO
Issue Type
Bookbuilding IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
11th Floor, Vikas Centre, Dr. C.G. Road, Chembur – East, Mumbai, Maharashtra, 400074
Book Running Lead Managers
Nuvama Wealth Management Ltd
Book Running Lead Manager (BRLM)
Motilal Oswal Investment Advisors Ltd
Book Running Lead Manager (BRLM)
Systematix Corporate Services Ltd
Book Running Lead Manager (BRLM)