Jaro Institute IPO

Jaro Institute IPO

Listed

MainboardOpens 23 September 2025Closes 25 September 2025

Jaro Institute of Technology Management & Research Ltd. is a leading online higher education and upskilling platform in India. The company collaborates with 34 partner institutions, including top-ranked IITs, IIMs, and…

Show more
Price band
₹846 - ₹890
Issue size
₹450 Cr
Lot size
16 shares
Type
Mainboard
GMP
₹43 (+4.8%)
Est. listing
₹933
Est. profit / app
₹688
Retail quota

Key ratios

As per RHP / filings
Face value
₹10
EPS
23.32
P/E ratio
38.17
RoNW
30.12%
ROE
30.12%
Debt / Equity
0.3
Advertisement

Timeline

  1. IPO Opens

    23 Sept 2025

  2. IPO Closes

    25 Sept 2025

  3. Allotment

    26 Sept 2025

  4. Listing

    30 Sept 2025

IPO Timeline & Listing Details

EventDate
IPO Open Date23 September 2025
IPO Close Date25 September 2025
Allotment Date26 September 2025
Listing Date30 September 2025

Investment Categories

CategoryLotsAmount
Retail (Min)
1₹14,240
Retail (Max)Just less than ₹2,00,000
14₹1,99,360
SHNI (Min)Just above ₹2,00,000
15₹2,13,600
SHNI (Max)Below ₹10,00,000
70₹9,96,800
BHNIAbove ₹10,00,000
71₹10,11,040

IPO Objectives

  • Marketing, brand building and advertising activities.
  • Prepayment or scheduled re-payment of a portion of certain outstanding borrowings availed by the Company.
  • General corporate purposes.

Strengths

  • The company holds a market-leading position in the online higher education and upskilling space, with a strong brand image and pan-India presence.
  • It provides comprehensive solutions to a strong network of 34 partner institutions, including prestigious ones like IITs and IIMs.
  • The business has high revenue predictability due to long-lasting relationships with clients across various industries.
  • The company has a proven track record of delivering high-quality and diversified courses across various fields.
  • It leverages technology and digitalization to enhance client experience and drive business expansion.

Weaknesses

  • The online education and upskilling sector is highly competitive, which can lead to pricing pressures and a race to the bottom for similar courses.
  • The business faces low customer stickiness, as learners can easily switch between platforms for better courses or prices in a fast-evolving market.
  • The company is dependent on its partner institutions for course accreditation, which poses a risk if these partnerships are not renewed or are terminated.
  • A portion of the IPO proceeds is allocated to marketing and advertising, indicating the need for high customer acquisition costs to maintain growth.
  • The IPO includes a significant Offer for Sale (OFS) component of ₹280 crore, which means a portion of the proceeds will not be directly invested in the company's growth.
Advertisement

Financial Performance

Period Ended31 Mar 2025
Assets (₹ Cr.)276.7
Revenue (₹ Cr.)254.02
PAT (₹ Cr.)51.67
Net Worth (₹ Cr.)171.55

Peer Comparison

CompanyP/B RatioP/E RatioRONW (%)Net Worth (₹ Cr.)

Subscription Details

Daily Bids Status

CategoryDay 1Day 2Day 3
QIB0.49x0.71x37.19x
NII1.91x3.67x37.32x
S-HNI1x3.99x40.77x
B-HNI2.37x3.51x35.59x
RII0.73x2.12x9.15x
Total0.92x2.05x23.2x

Overall Subscription Statistics

CategoryShares OfferedShares BidBid Amount (₹ Cr)
QIB10,11,2363,76,10,3523,347.32
NII7,58,4272,83,04,3522,519.09
Small NII2,52,8091,03,07,840917.4
Big NII5,05,6181,79,96,5121,601.69
RII17,69,6631,61,91,6161,441.05
Total35,39,3268,21,06,3207,307.46
Advertisement

Company Details

  • Jaro Institute of Technology Management & Research Ltd.
  • 11th Floor, Vikas Centre, Dr. C.G. Road, Chembur – East, Mumbai, Maharashtra-400074
  • 022 2520 5763
  • cs@jaro.in
  • https://www.jaroeducation.com/

Registrar Details

Frequently Asked Questions

See live numbers on GMP, Subscription, and Allotment pages.

Jaro Institute IPO News & Updates

Follow the latest updates for Jaro Institute IPO, including grey market moves and allotment news.

Jaro Institute IPO IPO Pages

Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.

Sources

We match Jaro Institute IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.

  • SEBIRules for IPO allotment and disclosures in India
  • NSEExchange notices, bidding data, and listing updates
  • BSEExchange notices and IPO allotment check tools
  • RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
  • Bigshare Services Pvt.Ltd.Official site to check allotment status for this IPO

Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.

Reviewed by

Dinesh Agrawal · Lead IPO Analyst

15+ years in Indian markets and IPO research. He reviews IPO dates and key details before they go live.

Loading comments...