Jaro Institute IPO Subscription Status
Jaro Institute IPO closed on 25 September 2025 with an overall subscription of 23.20x based on shares applied. QIB demand came in at 37.19x, NII at 37.32x, and retail at 9.16x.
Allotment will be finalised on 26 September 2025. The stock is scheduled to list on NSE and BSE on 30 September 2025.
Issue Price
Rs 890.00
GMP Today
Rs 43.00 (+4.83%)
Overall Subscription
23.20x
Issue Size
₹450.00 Cr
Allotment Date
26 Sept 2025
Listing Date
30 Sept 2025
Jaro Institute IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 890.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 90.00 Cr | Rs 3,347.32 Cr | 37.19x |
| FII | - | Rs 699.15 Cr | - |
| DFI | - | Rs 2,015.79 Cr | - |
| Mutual Funds | - | Rs 42.14 Cr | - |
| Other | - | Rs 590.24 Cr | - |
| NII | Rs 67.50 Cr | Rs 2,519.26 Cr | 37.32x |
| bNII (above Rs 10L) | Rs 45.00 Cr | Rs 1,601.69 Cr | 35.59x |
| Corporate | - | Rs 92.30 Cr | - |
| Individual | - | Rs 1,435.76 Cr | - |
| Other | - | Rs 73.63 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 22.50 Cr | Rs 917.57 Cr | 40.78x |
| Corporate | - | Rs 5.03 Cr | - |
| Individual | - | Rs 867.65 Cr | - |
| Other | - | Rs 44.89 Cr | - |
| Retail | Rs 157.50 Cr | Rs 1,443.11 Cr | 9.16x |
| Cut-off price | - | Rs 1,152.19 Cr | - |
| Fixed price | - | Rs 290.92 Cr | - |
| Total | Rs 315.00 Cr | Rs 7,309.69 Cr | 23.21x |
Jaro Institute IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 10,11,236 | 171 | 0.00x |
| FII | - | 21 | - |
| DFI | - | 39 | - |
| Mutual Funds | - | 10 | - |
| Other | - | 101 | - |
| NII | 3,160 | 57,260 | 18.12x |
| bNII (above Rs 10L) | 2,107 | 14,955 | 7.10x |
| Corporate | - | 135 | - |
| Individual | - | 14,093 | - |
| Other | - | 727 | - |
| sNII (Rs 2L to Rs 10L) | 1,053 | 42,305 | 40.18x |
| Corporate | - | 228 | - |
| Individual | - | 39,990 | - |
| Other | - | 2,087 | - |
| Retail | 1,10,604 | 9,26,287 | 8.37x |
| Cut-off price | - | 7,38,422 | - |
| Fixed price | - | 1,87,865 | - |
| Total | 11,25,000 | 9,83,718 | 0.87x |
What Do These Subscription Numbers Mean?
A subscription of 23.20x by shares means the IPO received bids for 23 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 37.19x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 37.19x, it reflects serious institutional conviction.
NII at 18.12x by applications: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription. bNII came in at 7.10x and sNII at 40.18x by applications. Share subscription was 37.32x. Allotment uses application count, not share volume.
At 8.37x subscription by applications, approximately 1 in 8 retail applicants can expect an allotment (~12% per application). Retail allotment is done by lottery when oversubscribed. Share subscription was 9.16x. Allotment uses application count, not share volume.
Jaro Institute IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail
- •Application subscription: 8.37x.
- •Allotment odds: about 1 in 8 (~12% chance per application).
- •Method: Lottery. If allotted, you receive at least one lot.
- •Share subscription was 9.16x. Allotment uses application count, not share volume.
- •One application per PAN. Multiple eligible accounts in a household can improve overall family odds, not individual odds.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Application subscription: 40.18x.
- •Allotment odds: about 1 in 40 for a minimum-lot application (~2% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
- •Share subscription was 40.78x. Allotment uses application count, not share volume.
BHNI (above Rs 10 lakh)
- •Application subscription: 7.10x.
- •Allotment odds: about 1 in 7 for a minimum-lot application (~14% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
- •Share subscription was 35.59x. Allotment uses application count, not share volume.
Check the Jaro Institute IPO Allotment Status page from 26 September 2025 for your allotment result.
Jaro Institute IPO GMP After Subscription
GMP for Jaro Institute IPO stands at Rs 43.00 today, giving an estimated listing price of Rs 933.00 per share.
A subscription of 23.20x combined with a GMP of 4.83% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Jaro Institute IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Jaro Institute IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 23 Sept 2025 | 0.49x | 1.91x | 0.73x | 0.92x |
| Day 2 - 24 Sept 2025 | 0.71x | 3.67x | 2.12x | 2.05x |
| Day 3 - 25 Sept 2025 | 37.19x | 37.32x | 9.15x | 23.20x |
Jaro Institute IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 23 September 2025 |
| IPO Close Date | 25 September 2025 |
| Allotment Date | 26 September 2025 |
| Refund Initiation | 27 September 2025 |
| Share Credit to Demat | 27 September 2025 |
| Listing Date | 30 September 2025 |
| Minimum Investment | Rs 14,240.00 |
| Lot Size | 16 shares |
About Jaro Institute IPO
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 international universities like the Rotman School of Management.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
Retail - Retail Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Jaro Institute IPO Subscription FAQs
What is Jaro Institute IPO IPO subscription status today?
Jaro Institute IPO IPO subscription closed on 25 September 2025 with overall subscription of 23.20x (by shares) as of 27 June 2026, 2:47 AM IST. QIB 37.19x, NII 18.12x, Retail 8.37x.
What is the overall subscription of Jaro Institute IPO IPO?
Jaro Institute IPO IPO is subscribed 23.20x overall by shares at close on 25 September 2025. QIB 37.19x, NII 18.12x, and Retail 8.37x.
What is Jaro Institute IPO IPO QIB subscription?
Jaro Institute IPO IPO QIB (Qualified Institutional Buyers) subscription is 37.19x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Jaro Institute IPO IPO Retail subscription?
Jaro Institute IPO IPO Retail subscription is 8.37x by applications. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Jaro Institute IPO IPO NII subscription?
Jaro Institute IPO IPO NII (Non-Institutional Investors) subscription is 18.12x by applications. NII covers bids above Rs 2 lakh.
What are allotment chances in Jaro Institute IPO IPO for retail?
At 8.37x subscription by applications, approximately 1 in 8 retail applicants can expect an allotment (~12% per application). Allotment is done by lottery. Share subscription was 9.16x. Allotment uses application count, not share volume.
When is Jaro Institute IPO IPO allotment date?
Jaro Institute IPO IPO allotment date is 26 September 2025. Check Jaro Institute IPO Allotment Status on IPOwiz from that day using your PAN.
When does Jaro Institute IPO IPO subscription close?
Jaro Institute IPO IPO subscription closed on 25 September 2025. No new applications are accepted after the close.
What is Jaro Institute IPO IPO GMP today?
Jaro Institute IPO IPO GMP is ₹43 today (+4.83% over issue price ₹890). See live GMP on the Jaro Institute IPO GMP Today page.
What is Jaro Institute IPO IPO issue price and lot size?
Jaro Institute IPO IPO issue price is ₹890 per share. Lot size is 16 shares. Minimum investment is ₹14,240 per lot. Issue size: ₹450.00 Cr.
When is Jaro Institute IPO IPO listing date?
Jaro Institute IPO IPO listing date is 30 September 2025 on NSE and BSE. Allotment is on 26 September 2025.
How does subscription affect Jaro Institute IPO IPO allotment?
Allotment odds in Jaro Institute IPO IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII proportional allotment at 18.12x by applications means roughly 1 in 18 for minimum-lot bids; bNII at 7.10x (~1 in 7). At 23.20x overall, competition is high.
For allotment results from 26 September 2025, visit the Jaro Institute IPO Allotment Status page. For listing day updates on 30 September 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.