IPO - Check IPO Date, Price, Lot Size

Jaro Institute of Technol. Mgt. and Research Ltd IPO

We are one of India's online higher education and upskilling platform companies (Source: 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 certification courses, in partnership with 36 Partner Institutions, including 16 Tier-1 universities and institutions (which include 7 IIMs and 7 IITs and 15 Tier-2 universities and institutions as of March 31, 2025.

Jaro Institute of Technol. Mgt. and Research Ltd IPO Details

Total Shares Offered

₹ 50,56,179

Offer to Public

31,46,067

Retail Max (Shares)

₹ 17,69,663

Pre Issue Promoters Holding

₹ 1,58,49,329

Exchange

BSE

Issue size

₹ 450 Cr

IPO Open Date

Sep 23, 2025

Close Date

Sep 25, 2025

Lot Size

Min Investment

₹ 13,536

Issue Type

Book Building

Listing Date

Sep 30, 2025

Jaro Institute of Technol. Mgt. and Research Ltd IPO Dates

Sep 23, 2025

Opening date

Sep 25, 2025

Closing date

Sep 26, 2025

Basis of Allotment

Sep 29, 2025

Initiation of Refunds

Sep 29, 2025

Credit of Shares

Sep 30, 2025

Listing date

Details

Sector	Type
Sector	Miscellaneous
Sub Sector	NA
Issue Type	Book Building

Subscription Status

*Values are in Lakhs

Investor Type	Subscription Times	Shares Offered*	Shares Bid*
QIB	14.88x	2528089	37610352
NII	37.32x	758427	28306272
Retail	9.16x	1769663	16214688
Employee	0x	0	0
Total	16.24x	5056179	82131312

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

14.88x

37.32x

9.16x

16.24x

2528089

758427

1769663

5056179

37610352

28306272

16214688

82131312

Jaro Institute of Technol. Mgt. and Research Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)

Particulars (in Rs. Crores)	FY23	FY22	FY21
Revenue from operations	79.29	199.05	122.15
EBITDA	88.44	68.21	26.59
PAT	51.67	40.53	11.52
Total Assets	244.43	163.09	112.16
Share Capital	20.24	15.04	15.04
Total Borrowings	254.17	157.73	118.71
Operating Activities (Net Cash)	60.82	47.38	16.95
Investing Activities (Net Cash)	0.00	0.00	16.38
Financing Activities (Net Cash)	254.17	157.73	118.71
Net Cashflow	5.16	18.51	13.20

About Jaro Institute of Technol. Mgt. and Research Ltd

Our Company was originally incorporated as a private limited company under the name of Jaro Institute of Technology Management and Research Private Limited on July 9, 2009, under the Companies Act, 1956, pursuant to a certificate of incorporation issued by the Registrar of Companies, Maharashtra at Mumbai. Thereafter, our Company was converted into a public limited company pursuant to a special resolution passed by our Shareholders at their extraordinary general meeting held on July 24, 2017 and the name of our Company was changed to Jaro Institute of Technology Management and Research Limited, and a fresh certificate of incorporation consequent upon conversion from a private company to a public limited company was issued by the RoC on August 12, 2017.

The total addressable market for the online higher education and upskilling sector in India was ? 1.32 lakh million in Fiscal 2023 and is expected to grow at a CAGR of 25.7% over the next five years, thus reaching the market size of ? 4.15 lakh million in Fiscal 2028 (Source: Technopak Report). As the sector continues to innovate, online higher education and upskilling platforms and entities are well-positioned to play a pivotal role in shaping the future of higher education, certification, and upskilling initiatives in India.

Jaro Institute of Technol. Mgt. and Research Ltd Key Points

Strengths

Market leading position in online higher education and upskilling space with strong brand image and pan-India presence.

Comprehensive solutions to Partner Institutions and Learners.

High revenue predictability backed by long-lasting, robust client relationships across industries.

Proven track record in delivering high quality and diversified course offerings.

Leveraging technology and digitalization for enhancing client experience and business expansion.

Risk

While the name of our Company is Jaro Institute of Technology Management and Research Limited, we do not create the academic content or independently offer the degree programs and certification courses by ourselves. Our business depends heavily on our Partner Institutions as they are responsible for the academic content of their degree programs and certification courses, which we market and facilitate delivery of. If there is any decline in the adoption by our Partner Institutions of online delivery of their degree programs and certification courses, our business, revenues, profitability and growth may suffer.

We derive a significant portion of our revenues from a few Partner Institutions and the loss of one or more such clients could adversely affect our business and prospects.

Most of our businesses are operated in and from the states in the Western region. Approximately 73.00% of our revenue from operations is derived from the Western region, as of March 31, 2025. 33.33% of our Partner Institutions operate in and from the states in the Western region, as of March 31, 2025. Such geographic concentration of our revenue and business operations, and our Partner Institutions, may restrict our results of operations and growth to the economic and demographic conditions of the Western region. Additionally, the management-oriented degree programs and certification courses typically attract more enrolments by the Learners. Any change in industry trends and demand drivers for the sectors in which the degree programs and certification courses are offered, may adversely impact our business, financial condition and results of operations.

Strategy

Expand market share through broader portfolio of offerings and extensive network of partnerships.

Continue marketing, brand building and advertising activities, diversify online presence, and increase Learner enrolments and scalability of business.

Expand our geographical footprint by setting up additional offices, learning centres and immersive studios in locations across India and increasing outreach to Learners.

Continue to enhance digital capabilities and platforms with a focus on enhancing client satisfaction, operational efficiency and cost optimization.

Enhance Learner experience and lead generation through freemium offerings and counselling tools.

How To Apply for Jaro Institute of Technol. Mgt. and Research Ltd IPO Online?

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Go through the IPO details like lot size, price band, about the company, etc.

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Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

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Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Jaro Institute of Technol. Mgt. and Research Ltd IPO?

Jaro Institute of Technol. Mgt. and Research Ltd's IPO offers shares for up to 170 It begins on Sep 23, 2025 and ends on Sep 25, 2025.

What is the price of the Jaro Institute of Technol. Mgt. and Research Ltd IPO?

The price of Jaro Institute of Technol. Mgt. and Research Ltd IPO ranges between ₹846 to ₹890 per share.

What are the open and close dates for the Jaro Institute of Technol. Mgt. and Research Ltd IPO?

The Jaro Institute of Technol. Mgt. and Research Ltd IPO opens on Sep 23, 2025 and closes on Sep 25, 2025.

When will the Jaro Institute of Technol. Mgt. and Research Ltd IPO be allotted?

The allotment for the Jaro Institute of Technol. Mgt. and Research Ltd IPO will be finalised on Sep 26, 2025. The shares will be listed on BSE and NSE on Sep 30, 2025.

What is the minimum lot size required for Jaro Institute of Technol. Mgt. and Research Ltd IPO?

The minimum lot size for Jaro Institute of Technol. Mgt. and Research Ltd IPO is 16 shares, priced between ₹846 to ₹890 per share.

What is the GMP of Jaro Institute of Technol. Mgt. and Research Ltd IPO?

The GMP (Grey Market Premium) of Jaro Institute of Technol. Mgt. and Research Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Jaro Institute of Technol. Mgt. and Research Ltd IPO?

To check the allotment status of Jaro Institute of Technol. Mgt. and Research Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Jaro Institute of Technol. Mgt. and Research Ltd IPO getting listed?

The Jaro Institute of Technol. Mgt. and Research Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Sep 23, 2025, and closes on Sep 25, 2025. The allotment is finalised on Sep 26, 2025.

How do you apply for the Jaro Institute of Technol. Mgt. and Research Ltd IPO?

To apply for the Jaro Institute of Technol. Mgt. and Research Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.