Jaro Institute IPO

Jaro Institute IPO is a book build issue of Rs 450.00 crores, comprising a fresh issue of 0.19 crore shares worth Rs 170.00 crores and an offer for sale of 0.31 crore shares worth Rs 280.00 crores. The IPO opens on September 23, 2025, and closes on September 25, with allotment on September 26 and listing on BSE and NSE on September 30, 2025. The price band is fixed at Rs 846 to Rs 890 per share. The lot size is 16 shares, requiring a minimum retail investment of Rs 14,240. Nuvama Wealth is the lead manager.

Jaro Institute IPO Details

Check out the issue details for Jaro Institute IPO as disclosed in SEBI.

Price Band

₹ 846 - 890

Issue Size

450 Cr.

Issue Type

Book Built

Open

2025-09-23

Close

2025-09-25

Listing Date

2025-09-30

Jaro Institute News

Jaro Institute of Technology coming with IPO to raise upto Rs 473 crore19 Sep 2025, 5:50PM

Company Financials

You can get the following financial statements of Jaro Institute as of now.

Company Name

Jaro Institute

Exchange

NSE: JARO

  Profit Loss
  Balance Sheet
  Quarterly
  Shareholding
  Cash Flow

Jaro Institute IPO Details

The details about the Jaro Institute IPO are as follows:

  • The issue size of the IPO is Rs 450.00 Cr.
  • The price band for Jaro Institute IPO is Rs 846 to Rs 890.
  • The shares of Jaro Institute IPO will list on BSE and NSE.
  • The latest tentative GMP of Jaro Institute IPO is Rs 107.
  • The shares of Jaro Institute IPO are subscribed 23.20 Times.

 

Jaro Institute IPO Valuation

The approximate valuation of Jaro Institute IPO based on its price band and RHP is:

Particulars Value123
Upper Price Band Rs 890
Existing Shares (Qty) 2.02 Cr
Fresh Issue Rs 170.00 Cr
Market Cap Rs 1967.8 Cr
EPS (FY25) Rs 25.53 
PE Ratio 33.54x

 

Jaro Institute IPO Issue Size

Jaro Institute IPO issue size is Rs 450.00 Cr.

Issue Amount
Fresh Issue Rs 170.00 Cr
Offer For Sale Rs 280.00 Cr

 

Jaro Institute IPO Market Lot

An individual can apply for a minimum of 1 lot of 16 shares and a maximum of 14 lots (224 shares). Find the details below:

Application Lot Shares Amount
Retail Minimum 1 16 Rs 14,240
Retail Maximum 14 224 Rs 1,99,360

 

Jaro Institute IPO Share Offer

The shares of Jaro Institute IPO are subscribed 23.20 Times. The category-wise shares offered are as follows:

Category % Offered
Qualified Institutional Not more than 50%
Non-Institutional Not less than 15%
Retail Individual Not less than 35%

 

Jaro Institute IPO GMP (Grey Market Premium)

As on GMP (Tentative)
23 September 2025 Rs 123
24 September 2025 Rs 131
25 September 2025 Rs 107

Jaro Institute IPO GMP is purely for informational purposes. Invest in an IPO after thoroughly researching on your own.

Jaro Institute IPO Dates

Find below the dates for Jaro Institute IPO

Schedule Date
Basis of Allotment 26 Sep 2025
Refunds 29 Sep 2025
Credit to Demat Account 29 Sep 2025
IPO Listing Date 30 Sep 2025

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2023 Mar 2024 Mar 2025
Net Sales 122.15 199.05 252.26
Total Expenditure 98.17 137.33 171.35
Operating Profit 23.98 61.71 80.92
Other Income 2.46 4.67 3.6
Interest 5.27 5.03 5.23
Depreciation 5.43 6.85 9.15
Exceptional Items 0 0 0
Profit Before Tax 15.73 54.51 70.14
Provision for Tax 4.22 13.98 18.48
Net Profit 11.52 40.53 51.67
Adjusted EPS (Rs.) 0.58 2.03 2.55

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2023 Mar 2024 Mar 2025
Equity and Liabilities
Share Capital 15.04 15.04 20.24
Total Reserves 60.26 102.39 151.31
Borrowings 3.42 0.56 0.38
Other N/C liabilities 18.01 38.66 34.15
Current liabilities 69.23 62.87 77.6
Total Liabilities 165.97 219.52 283.68
Assets
Net Block 19.68 17.26 16.16
Capital WIP 0 0 0
Intangible WIP 0 0 0
Investments 16.38 0 0
Loans & Advances 17.75 39.17 28.04
Other N/C Assets 0 0 0
Current Assets 112.16 163.09 239.48
Total Assets 165.97 219.52 283.68
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2023 Mar 2024 Mar 2025
Profit from operations 15.73 54.51 70.14
Adjustment 12.85 8.82 13.94
Changes in Assets & Liabilities -18.18 -69.55 -101.23
Tax Paid -7.62 -10.96 -6.3
Operating Cash Flow 2.78 -17.19 -23.46
Investing Cash Flow -7.96 46.81 -4.09
Financing Cash Flow -4.64 -17.82 14.19
Net Cash Flow -9.82 11.81 -13.36

Jaro Institute IPO: Date, Share Price, Review & Details

Jaro Institute of Technology Management and Research, operating under the brand name 'Jaro Education,' is set to launch its Initial Public Offering (IPO) on September 23, 2025. As a leading online higher education and upskilling platform, Jaro Education aims to raise approximately Rs 450 crore through this public issue.

About Jaro Institute of Technology Management and Research Ltd.

Founded in 2009 by Sanjay Namdeo Salunkhe, Jaro Education specialises in delivering personalised, technology-driven degree and certification programs in collaboration with a wide network of partner institutions. The company has established a strong presence in the ed-tech sector by offering a diverse range of courses.

As of March 2025, Jaro Education's key business attributes include:

  • Pan-India Presence: Operating over 22 offices and learning centers across major cities for offline learning.

  • Tech-Enabled Learning: Utilising 17 immersive tech studio set-ups on the campuses of various IIMs.

  • Extensive Partnerships: Collaborating with 36 partner institutions, including prestigious IITs, IIMs, and premier global institutions like the Swiss School of Management and Rotman School of Management, University of Toronto.

  • Diverse Course Offerings: Providing 268 different courses and programs across various domains.

Jaro Institute IPO Details (2025)

  • IPO Open Date: September 23, 2025

  • IPO Close Date: September 25, 2025

  • Price Band: Rs 846 – Rs 890 per share

  • Lot Size: 16 shares

  • Minimum Investment: Rs 14,240 for retail investors at the upper price band.

  • Issue Size: Rs 450 crore, which includes a fresh issue of shares worth Rs 170 crore and an Offer for Sale (OFS) of shares valued at Rs 280 crore by promoter Sanjay Namdeo Salunkhe.

  • Listing: The shares will be listed on both the BSE and NSE, with a tentative listing date of September 30, 2025.

  • Registrar: Bigshare Services Pvt. Ltd.

Use of IPO Proceeds

The net proceeds from the fresh issue will be utilized for:

  • Marketing, brand building, and advertising activities (Rs 81 crore).

  • Prepayment or scheduled repayment of certain outstanding borrowings (Rs 45-48 crore).

  • General corporate purposes.

What You Can Find on This Page

This page provides a comprehensive overview of the Jaro Institute IPO, including:

  • Live IPO Subscription Status: Track the subscription numbers for QIB, NII, and retail categories in real-time.

  • Grey Market Premium (GMP): Get the latest GMP updates to gauge market sentiment.

  • Allotment and Listing Information: Find out the allotment status and track the share price once it is listed. The allotment is expected to be finalised on September 26, 2025.

  • Financial Data: Access detailed financial statements and key performance indicators.

  • Analyst Reviews: Read expert opinions and recommendations on whether to subscribe to the IPO.

Frequently Asked Questions (FAQs) about Jaro Institute IPO

Q1: What are the key dates for the Jaro Institute IPO?
The IPO is open from September 23 to September 25, 2025. The tentative listing date is September 30, 2025.

Q2: What is the price band and lot size for the IPO?
The price band is Rs 846 to Rs 890 per share, with a minimum lot size of 16 shares.

Q3: What is the total issue size of the IPO?
The total IPO size is Rs 450 crore, comprising a fresh issue of Rs 170 crore and an OFS of Rs 280 crore by the promoter.

Q4: How can I check the IPO allotment status?
You can check the allotment status on the registrar's website, Bigshare Services Pvt. Ltd., after the allotment date, which is scheduled for September 26, 2025.

For the latest updates on the Jaro Institute IPO, including subscription details, GMP, and listing information, keep visiting this page.

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