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Jaro Institute of Technology Management & Research Ltd

Jaro Institute of Technology Management & Research Ltd

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹890
₹890
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹890
Based on GMP
Min. Investment
₹14,240
1 lot × 16 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
23 Sep 2025
Close Date
25 Sep 2025
Allotment
26 Sep 2025
Listing Date
30 Sep 2025
Exchange
NSE & BSE
Price Band
₹890
Listing Price
See chart
Allotment Status
Price Band
₹890
Per share
Face Value
₹10 per share
 
Lot Size
16 Shares
per lot
Issue Size
50,56,179 shares (aggregating up to ₹450.00 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,240
1 lot
Pre-IPO Holding
2,02,46,177 shares
Promoters
Post-IPO Holding
2,21,56,289 shares
Promoters
P/E (Pre)
34.88x
 
P/E (Post)
38.17x
 
EPS (Pre)
₹25.52
 
EPS (Post)
₹23.32
 
UPI Deadline
2025-09-25
Mandate
Anchor AllotmentMon, 22 Sep 2025
Basis of AllotmentFri, 26 Sep 2025
Refund InitiationMon, 29 Sep 2025
Demat CreditMon, 29 Sep 2025
Listing DayTue, 30 Sep 2025
UPI Mandate Deadline2025-09-25
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares19,10,112 shares (aggregating up to ₹170.00 Cr)
Offer for Sale31,46,067 shares of ₹10 (aggregating up to ₹280.00 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Jaro Institute of Technology Management & Research Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 25 Sep 2025.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
100% ₹450.00
Lot Size & Investment
Lot Size
16
Shares per Lot
Issue Price
₹890.00
Upper Band
Min Investment
₹14,240
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)232₹28,480
Retail (Max — 14 Lots)14224₹199,360
S-HNI (Min — 15 Lots)15240₹213,600
B-HNI (Min — 71 Lots)711,136₹1,011,040
* Issue Price ₹890 × Lot Size 16 shares
IPO Schedule
Anchor
22 Sep 2025
✓ Done
IPO Open
23 Sep 2025
✓ Done
IPO Close
25 Sep 2025
✓ Done
Allotment
26 Sep 2025
✓ Done
Refunds
29 Sep 2025
✓ Done
Demat Credit
29 Sep 2025
✓ Done
Listing Day
30 Sep 2025
✓ Done
Jaro Institute of Technology Management & Research Ltd — Live Price LIVE
₹890.00
INR · BSE
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Issue ₹890.00 Live Price
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
1
Marketing, brand building and advertising activities
2
Prepayment or scheduled re-payment of a portion of certain outstanding borrowings availed by the Company
3
General corporate purposes
Jaro Institute of Technology Management & Research Ltd Financials (Amount in ₹ Crore)
Revenue from Operations
₹124.6
31 Mar 2023
₹202.6
31 Mar 2024
₹254.0
31 Mar 2025
Profit After Tax (PAT)
₹11.7
31 Mar 2023
₹38.0
31 Mar 2024
₹51.7
31 Mar 2025
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
Borrowings 51.11 24.85 37.77
EBITDA Margin (%) 33.13%
PAT Margin (%) 20.34%
P/BV Ratio
10.50
RoE
35.76%
RoCE
37.38%
RoNW
30.12%
PAT Margin
20.34%
EBITDA Margin
33.13%
Debt/Equity
0.30
Issue Structure & Shareholding
Total Shares OfferedN/A
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding2,02,46,177 shares
Post-Issue Promoter Holding2,21,56,289 shares
P/BV Ratio10.50
RoE35.76%
RoCE37.38%
Debt / Equity0.30
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Nuvama Wealth Management Ltd
Motilal Oswal Investment Advisors Ltd
Systematix Corporate Services Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Jaro Institute of Technology Management & Research Ltd IPO subscribed?

Jaro Institute of Technology Management & Research Ltd IPO is subscribed 1.00 times by Sep 25, 2025. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Jaro Institute of Technology Management & Research Ltd IPO retail subscription status?

The Jaro Institute of Technology Management & Research Ltd IPO retail category is subscribed 1.00 times as of 25 Sep 2025. The retail portion is oversubscribed.

How to subscribe Jaro Institute of Technology Management & Research Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 23 Sep 2025 and closes 25 Sep 2025. Min investment: ₹14,240 (1 lot = 16 shares). UPI mandate: 2025-09-25.

How many times Jaro Institute of Technology Management & Research Ltd IPO subscribed?

The Jaro Institute of Technology Management & Research Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Jaro Institute of Technology Management & Research Ltd IPO allotment?

Check allotment on the registrar website (Bigshare Services Pvt.Ltd) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 26 Sep 2025. Refunds: on 29 Sep 2025.

When Jaro Institute of Technology Management & Research Ltd IPO will be listed?

The Jaro Institute of Technology Management & Research Ltd IPO listing date is 30 Sep 2025, Tuesday. Listed on: NSE & BSE. Issue price: ₹890. Estimated listing: ₹890. GMP: NIL.

When Jaro Institute of Technology Management & Research Ltd IPO close?

The Jaro Institute of Technology Management & Research Ltd IPO closes on 25 Sep 2025, Thursday. UPI mandate: 2025-09-25. Allotment: 26 Sep 2025. Listing: 30 Sep 2025.