Jaro Institute of Technology Management and Research Ltd. IPO

Jaro Institute of Technology Management and Research Ltd., established in 2009, operates in the Education - Coaching/Study Material/Others sector. The company's IPO opened on September 23, 2025 and ... Read more

Min Investment

₹ 14,240 / 16 shares

Price Range

₹846 - ₹ 890

Bidding Dates

23 Sep '25 - 25 Sep '25

Total Issue Value

450.00 Cr

Lot Size

Total Issue Size

450.00 Cr

Listing At

BSE, NSE

Subscription

17.43 times

BSE Price

465.00 (-47.75%)

NSE Price

465.85 (-47.66%)

IPO Timeline

23 Sep 2025

Bidding Starts
25 Sep 2025

Bidding Ends
26 Sep 2025

Allotment Finalization
30 Sep 2025

Listing

About Jaro Institute of Technology Management and Research Ltd.

We are one of India’s online higher education and upskilling platform companies (Sthece: Technopak Report). We market and facilitate delivery of a diversified range of online degree programs including D.B.A, MBA, M.Com., M.A., PGDM, M.C.A., M.Sc., B.Com., BCA, as well as cross-disciplinary ... Read more

Parent organisation

Founded

Jaro Institute of Technology Management and Research Ltd.

2009

Jaro Institute of Technology Management and Research Ltd. IPO Reservation

Investors Category	Shares Offered
Anchor Investors	15,16,854 (30%)
Non Institutional Investors	7,58,427 (15%)
Qualified Institutional Buyers (QIBs)	10,11,236 (20%)
Retail Individual Investors (RIIs)	17,69,663 (35%)

Jaro Institute of Technology Management and Research Ltd. Financial Information

Year End	Revenue	PAT	Reserves & Surplus
31 Mar 2025	254.02 Cr	51.67 Cr	151.31 Cr
31 Mar 2024	202.58 Cr	40.53 Cr	102.39 Cr
31 Mar 2023	124.60 Cr	11.52 Cr	60.26 Cr

Jaro Institute of Technology Management and Research Ltd. Background

Major Events And Milestones

2025

Successfully took steps towards brand visibility by collaborating with notable sports persons.
Received the “Edtech Leader Of The Year Empowering India’s Professionals” by ET Now
2024

First tie-up with Jain University
First tie-up with IIT-Kanpur
First tie-up with Indian Institute of Sciences
Received the “Leading EdTech Company of the Year” award from Times Business Awards
2023

Debut of First Commercial Advertisement on one of the popular online video sharing platforms and launched the inaugural commercial advertisement on the said platform with the message "Atke mat raho aur upskill karo," marking a significant milestone in the outreach efforts.
Successfully achieved a significant milestone by enrolling more than 20,000 admissions (i.e. 21,579 admission)
Received the “India’s Most Trusted Online Higher Education Company” award from Business Icon Awards by Outlook Business.
2022

First tie-up with IIT- Delhi
Received the “Edtech Leadership” award from at the World HRD Congress
2018

First collaboration with IIM Ahmedabad
Received the “Best Digital Learning Innovation” award at the 9th ABP National Education Awards 2018
2017

Conversion of the Company into a public limited company
Received the “Outstanding Contribution in Online Education” award from at the Making of Developed India Awards
2016

Amalgamation of the Company with EINS Institute of Management Technology and Research Private Limited, the erstwhile subsidiary of the Company, that strengthened the organizational framework
2015

Enrolled more than 10,000 students in year (13,636 admission in 2014-15) Key awards, accreditations or recognitions :
2021

Received the “Best Employer Brand” award at the National Best Employer Brands
2019

Received the “Best Education Brand” award from Best Education Brands by The Economic Times
Received the “Fastest Growing MBA Program in Asia Pacific Countries and Most Innovative & Successful MBA Program in Asia” award at the 3rd Asia’s Best B-School Award
2014

Received the “Best Online MS Program” award from HUL 22nd BSA and Dewang Mehta Business School Awards
2013

Received the “Outstanding Online Cthese” award at the Global E-Learning Awards
Received the “Most Successful Institute for Enrolment in Foreign Universities” award from at the World Education Congress Global Awards
2012

Received the “Innovation in Building Academic and Industry Interface” award from at the third edition of Asia’s Best B-School Awards
Received the "Fastest Growing MBA Program in Europe” award at the Asian Education Leadership Awards

Jaro Institute of Technology Management and Research Ltd. Object of Issues

Offer for Sale

The proceeds from the Offer for Sale shall be received by the Promoter Selling Shareholder. The Company will not receive any proceeds from the Offer for Sale. The Promoter Selling Shareholder will be entitled to the proceeds from the Offer for Sale, net of its portion of the Offer related expenses.

Fresh 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 and Research Ltd. IPO Listing Details

Listing Date

30 Sep 2025

BSE Script Code

544534

NSE Symbol

JARO

ISIN

INE00YJ01010

Final Issue Price

₹ 890

Jaro Institute of Technology Management and Research Ltd. Listing Day Trading Information

Pricing Details	BSE	NSE
Issue Price	₹ 890.00	₹ 890.00
Open	₹ 890.00	₹ 890.00
Low	₹ 718.00	₹ 717.55
High	₹ 890.00	₹ 890.00
Last Trade	₹ 745.05	₹ 744.25

Jaro Institute of Technology Management and Research Ltd. Company Promoters

The Promoters of the companys are Sanjay Namdeo Salunkhe and Balkrishna Namdeo Salunkhe.

Industry Overview

Unless otherwise indicated, industry and market data used in this section have been derived from the report titled “Online higher education and upskilling market in India” dated August 26, 2025 (the “Technopak Report”), prepared and released by Technopak Advisors Private ... Read more

Jaro Institute of Technology Management and Research Ltd. IPO Registrar

Bigshare Services Pvt. Ltd.

1st Floor, Bharat Tin works Building, Opp. Vasant Oasis, Makwana Road, Marol, Andheri (East), Mumbai Maharashtra - 400059

40430200

Jaro Institute of Technology Management and Research Ltd. IPO Lead Manager(s)

Nuvama Wealth Management Ltd.

801 - 804, Wing A, Building No 3, Inspire BKC, G Block, Bandra Kurla Complex, Bandra East, Mumbai Maharashtra - 400051

40094400

FAQs

When does Jaro Institute of Technology Management and Research Ltd. IPO opens and closes?

Jaro Institute of Technology Management and Research Ltd. IPO opens from 23rd September to 25th September 2025.

What is the size of Jaro Institute of Technology Management and Research Ltd. IPO?

The size of the Jaro Institute of Technology Management and Research Ltd. IPO is ₹450.00 Cr.

What is the price range of Jaro Institute of Technology Management and Research Ltd. IPO?

The price range of Jaro Institute of Technology Management and Research Ltd. IPO is at ₹846 to ₹890 per share.

What is the minimum investment and lot size required for the Jaro Institute of Technology Management and Research Ltd. IPO?

The minimum investment required is ₹14,240 and minimum lot size is 16 shares.

When is Jaro Institute of Technology Management and Research Ltd. IPO listing date?

The Jaro Institute of Technology Management and Research Ltd. IPO will be listed on 30th September 2025.

What is the objective of Jaro Institute of Technology Management and Research Ltd. IPO?

Offer for Sale The proceeds from the Offer for Sale shall be received by the Promoter Selling Shareholder. The Company will not receive any proceeds from the Offer for Sale. The Promoter Selling Shareholder will be entitled to the proceeds from the Offer for Sale, net of its portion of the Offer related expenses. Fresh 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.

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