Jaro Institute IPO Details
The Jaro Institute IPO is a book build issue with a total issue size of ₹450 cr, comprising of fresh issue of 1910112 equity shares., and a offer for sale of 3146067 equity shares. Jaro Institute IPO opened for subscription on Sep 23, 2025 and closed on Sep 25, 2025. Jaro Institute IPO is set price band at ₹846 to ₹890 per share, with a lot size of 16 shares. Minimum investment for Retail investors was ₹14,240.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Sep 26, 2025, and listed on both the NSE and BSE on Sep 30, 2025.
Bigshare Services Pvt Ltd has been appointed as the registrar. Motilal Oswal Investment Advisors Pvt Ltd, Nuvama Wealth Management Limited and Systematix Corporate Services Limited are the Book Running Lead Manager for the issue.
Before investing in the Jaro Institute IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 846 – 890
- Lot Size
- 16
- Issue Size
- ₹450 Cr
- Minimum Investment
- ₹14240 (16 Shares)
- Listing Date
- 30 September 2025
Current GMP
₹43 (+4.83%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Jaro Institute of Technology Management and Research Limited
Incorporated in 2009, Jaro Institute of Technology Management and Research Limited (Jaro Education) is a leading online higher education company in India. The company operates with a pan-India presence of 22 offices-cum-learning centres across major cities to support offline learning, and has also established 15 immersive technology studios within various IIM campuses.
As of March 31, 2024, Jaro Education collaborates with 34 Partner Institutions in India and abroad. These include premier Indian institutions such as the IITs and IIMs, as well as reputed international schools like the Swiss School of Management and the Rotman School of Management, University of Toronto. Notably, 24 of these partner institutions are ranked among the top 100 in their respective streams by NIRF (2024).
The company has earned recognition from institutions such as Symbiosis International (Deemed University), IITs, and IIMs for providing technology and infrastructure support in lecture delivery, marketing, promotion, student acquisition, and overall learning support.
Academic Offerings
Jaro Education offers a wide portfolio of academic and professional programs, including:
- Degree Programs (in partnership with 13 Indian universities, 9 of which are ranked in the top 100 by NIRF, 2024):
- 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 (B.C.A.)
- Other specialised degree programs
- Certification Programs (delivered online, hybrid, or in-person in partnership with 21 institutes, including 7 IIMs, 6 IITs, and 2 other top 100 NIRF-ranked institutions, as of March 31, 2024):
- Management
- Fintech
- Data Science
- Business Analytics
- Design Thinking
- Digital Marketing
Jaro Institute IPO Promoters
- Sanjay Namdeo Salunkhe
- Balkrishna Namdeo Salunkhe
Promoters Holding
Holding Pre Issue
78.29%
Holding Post Issue
57.32%
Jaro Institute IPO Objective
The Company Jaro Institute IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Marketing, brand building and advertising activities
- Prepayment or scheduled re-payment of a portion of certain outstanding borrowings availed by our Company
- General corporate purposes
Address / Contact Info
Jaro Institute of Technology Management & Research Ltd.
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/
IPO Snapshot
Book Running Lead Managers
- Motilal Oswal Investment Advisors Pvt Ltd
- Nuvama Wealth Management Limited
- Systematix Corporate Services Limited
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Jaro Institute IPO is a Book-building IPO with a total issue size of ₹450 crore. The Jaro Institute IPO price band is ₹846 to 890 per share. The Jaro Institute IPO subscription opens on Tue, Sep 23, 2025, and closes on Thu, Sep 25, 2025. The Jaro Institute IPO will be listed on the BSE,NSE. Bigshare Services Pvt Ltd is the registrar for the Jaro Institute IPO.
The Jaro Institute IPO opens on Tue, Sep 23, 2025 and closes on Thu, Sep 25, 2025
Jaro Institute IPO Price Band is ₹846 to 890 per share.
Jaro Institute IPO lot size is 16 shares, Retail investors need a minimum investment of ₹14240 based on the upper price band
The minimum investment for Jaro Institute IPO is ₹14240, based on one lot of 16 shares at the upper price band of ₹890 per share.
Investors can apply for the Jaro Institute IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Sep 25, 2025. The application amount remains blocked until the Jaro Institute IPO allotment is finalized.
Jaro Institute IPO issue size is ₹450 crores.
Jaro Institute IPO allotment date is Wed, Jul 1, 2026.
The registrar for Jaro Institute IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check Jaro Institute IPO allotment status, refund processing, and other IPO-related information.
The Jaro Institute IPO GMP (Grey Market Premium) is ₹43 as of Tue, Sep 30, 2025. Based on the upper price band of ₹890 per share, the estimated Jaro Institute IPO listing price is ₹933, indicating a potential listing gain of approximately 0% over the issue price.