Jaro Institute IPO
Jaro Institute IPO
Overview
Jaro Institute IPO is a book build issue of ₹450.00 crores. The issue is a combination of fresh issue of 0.19 crore shares aggregating to ₹170.00 crores and offer for sale of 0.31 crore shares aggregating to ₹280.00 crores. Jaro Institute IPO opens for subscription on Sep 23, 2025 and closes on Sep 25, 2025. The allotment for the Jaro Institute IPO is expected to be finalized on Sep 26, 2025. Jaro Institute IPO will list on BSE, NSE with a tentative listing date fixed as Sep 30, 2025. Jaro Institute IPO price band is set at ₹846.00 to ₹890.00 per share . The lot size for an application is 16. The minimum amount of investment required by an retail is ₹14,240 (16 shares) (based on upper price). The lot size investment for sNII is 15 lots (240 shares), amounting to ₹2,13,600, and for bNII, it is 71 lots (1,136 shares), amounting to ₹10,11,040. Nuvama Wealth Management Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue.
Total Shares
50,56,179
Issue Size
₹450.00 Cr
Price Band
₹846 – ₹890
Lot Size
16 shares
Min. Investment
₹14,240
Max. Investment
₹1,99,360
Open Date
23 Sep, 2025
Close Date
25 Sep, 2025
Allotment
26 Sep, 2025
Listing
30 Sep, 2025
Max. Investment
₹1,99,360
Announced
23 Sep, 2025
Opening Date
23 Sep, 2025
Closing Date
25 Sep, 2025
Basis of Allotment
26 Sep, 2025
Initiation of Refunds
29 Sep, 2025
Credit of Shares
29 Sep, 2025
Listing Date
30 Sep, 2025
Live GMP
Est. Listing: ₹1013
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About Jaro Institute IPO
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 delive
Jaro Institute IPO Share Price
Issue Breakdown
Shareholding
Dilution: 9.4% increase in shares
Jaro Institute IPO Promoters Holding
Jaro Institute IPO Financial Health
Jaro Institute IPO Lot Size
Investors can bid for a minimum of 16 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 16 | ₹14,240 |
| Retail (Max) | 14 | 224 | ₹1,99,360 |
| S-HNI (Min) | 15 | 240 | ₹2,13,600 |
| S-HNI (Max) | 70 | 1120 | ₹9,96,800 |
| B-HNI (Min) | 71 | 1136 | ₹10,11,040 |
(All values in CR)
Jaro Institute IPO Valuations
The market capitalization of Jaro Institute IPO is ₹1971.91 Cr. KPI as of Mon, Mar 31, 2025.
| Metric | Value |
|---|---|
| ROE | 35.76 |
| ROCE | 37.38 |
| Debt/Equity | 0.30 |
| RoNW | 30.12 |
| PAT Margin | 20.34 |
| EBITDA Margin | 33.13 |
| Price to Book Value | 10.50 |
(All values in CR)
Jaro Institute IPO Strength & Risk
Jaro Institute IPO Strength:
- Market leading position in online higher education and upskilling space.
- Comprehensive solutions to Partner Institutions and Learners.
- High revenue predictability backed by long-lasting, robust client relationships.
- Proven track record in facilitating delivery of high quality and diversified offerings.
- Leveraging technology and digitalization.
- Experienced senior management team with deep industry expertise and proven track record.
Jaro Institute IPO Risk:
Dependence on partner institutions for program offerings and content quality, which may affect business if partnerships change.
Revenue sharing agreements with partners may impact margins and profitability if renegotiated.
Partner institutions may independently market programs, increasing competition and reducing market share.
Decline in quality of courses offered by partners could harm reputation and brand value.
Highly competitive ed-tech sector may affect growth and profitability.
Volatility in the ed-tech sector could impact stock performance.
Expansion plans and business strategy execution carry inherent risks to financial performance.
Jaro Institute IPO GMP
Jaro Institute IPO last GMP is ₹123, last updated Sep 23rd 2025 04:53 PM. With the price band of 890.00, Jaro Institute IPO's estimated listing price is ₹1013 (cap price + today's GMP).The expected percentage gain/loss per share is 13.82%. >> Jaro Institute IPO Retail Subject to Sauda: ₹1500 >> Jaro Institute IPO Small HNI Subject to Sauda: ₹22500 The lowest GMP is ₹0.00, while the highest GMP is ₹123.00.
Last updated 23 Sep, 2025 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 23 Sep, 2025 | 890 | ₹123▲ | 1500/22500 | ₹1013 (13.82%) | 1968 | 23 Sep, 2025 |
| 22 Sep, 2025 | 890 | ₹122▲ | 1500/22500 | ₹1012 (13.71%) | 1952 | 22 Sep, 2025 |
| 21 Sep, 2025 | 890 | ₹109▲ | 1300/19500 | ₹999 (12.25%) | 1744 | 21 Sep, 2025 |
| 20 Sep, 2025 | 890 | ₹105▲ | 1300/19500 | ₹995 (11.80%) | 1680 | 20 Sep, 2025 |
| 19 Sep, 2025 | 890 | ₹104▲ | 1300/19500 | ₹994 (11.69%) | 1664 | 19 Sep, 2025 |
| 18 Sep, 2025 | 890 | ₹100▲ | 1200/18000 | ₹990 (11.24%) | 1600 | 18 Sep, 2025 |
| 17 Sep, 2025 | 0 | ₹0 | - | ₹ (0.00%) | - | 17 Sep, 2025 |
| 16 Sep, 2025 | 0 | ₹0 | - | ₹ (0.00%) | - | 16 Sep, 2025 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Jaro Institute IPO
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Find Jaro Institute IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
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Provide your UPI ID linked to your bank account and submit the application.
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Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.