The Jaro Institute IPO began on 23 September 2025. It will close on 25 September 2025. The Total IPO Size is 450.00 Crores. The company set its IPO price at 890 Rs Per Share.
There are three basic categories in Jaro Institute IPO Subscription: 1) Qualified Institutional Buyers, 2) Non-Institutional Investors, and 3) Retail.
Jaro Institute are one of India’s online higher education and upskilling platform companies.
They 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.
A pan-India presence of over 22 offices-cum-learning centres across major cities for offline learning, apart from 17 immersive tech studio set-ups in the campuses of various IIMs, They cater to a total of 36 Partner Institutions, as on March 31, 2025.
Jaro Institute IPO (Object of the 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.
IPO Promoters
Sanjay Namdeo Salunkhe and Balkrishna Namdeo Salunkhe are Promoters of the company.
Jaro Institute IPO Date, Details & Price Band
The Jaro Institute IPO Price Band, IPO Dates, Market lot and other details are mentioned in the table below.
| IPO Opening Dates | 23-September-2025 |
| IPO Closing Dates | 25-September-2025 |
| Price | 846-890 Rs |
| Fresh Issue | 170.00 Crores |
| Offer for sale | 280.00 Crores |
| Total IPO size | 450.00 Crores |
| Face Value | 10 INR Per Share |
| Issue Type | Book Built Issue |
| QIB Allocation | 50% |
| HNI Allocation | 15% |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Jaro Institute IPO Market Lot
The Jaro Institute IPO minimum market lot is 16 shares with a 14,240 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Retail Minimum | 1 | 16 | 14,240 ₹ |
| Retail Maximum | 14 | 224 | 1,99,360 ₹ |
| S-HNI Minimum | 15 | 240 | 2,13,600 ₹ |
| S-HNI Maximum | 70 | 1,120 | 9,96,800 ₹ |
| B-HNI Minimum | 71 | 1,136 | 10,11,040 ₹ |
Restated Consolidated Financial Information (Amt. in Crore)
| Total Assets | Total Revenue | Profit After Tax | |
| 31-Mar-25 | 276.70 | 254.02 | 51.67 |
Jaro Institute IPO GMP & Grey Market Premium
The Jaro Institute IPO GMP (Grey Market Premium) has started today. Check the Latest Jaro Institute IPO GMP, Kostak Rates, and Subject to Sauda Price here.
Jaro Institute IPO Prospectus
The Jaro Institute IPO Prospectus is Available on the NSE/BSE and SEBI websites, as well as on our Portal. Please click here to download the Jaro Institute IPO Prospectus.
| DRHP | Download |
| RHP | Download |
| Anchor Investor List | Download |
Jaro Institute IPO Allotment Date & Details
| Allotment Date | 26-Sep-2025 |
| Initiation of refunds | 29-Sep-2025 |
| Transfer of shares to Demat accounts | 29-Sep-2025 |
| Listing Date | 30-Sep-2025 |
| Check Allotment Status | Click here |
Registrar of Jaro Institute
Bigshare Services Private Limited
1st Floor, Bharat Tin Works Building
Opp. Oasis, Makwana Road,
Marol, Andheri East
Mumbai –400 059
Telephone: +91 022 6263 8200
E-mail: [email protected]
Investor Grievance ID:
[email protected]
Website: https://www.bigshareonline.com
Contact person: Vinayak Morbale
SEBI Registration No.: INR000001385
Jaro Institute Contact Details
Jaro Institute of Technology Management & Research Ltd.
11th Floor, Vikas Centre,
Dr. C.G. Road,
Chembur – East,
Mumbai, Maharashtra, 400074
Phone: 022 2520 5763
Email: [email protected]
Website: https://www.jaroeducation.com/
Jaro Institute IPO Lead Managers
Systematix Corporate Services Limited
The Capital, A-Wing No. 603-606
6th Floor, Plot No. C-70
G-Block, BKC, Bandra (East)
Mumbai – 400051
Maharashtra, India
Telephone: +91 22 6704 8000
E-mail: [email protected]
Investor Grievance ID: [email protected]
Website: www.systematixgroup.in
Contact person: Jinal Sanghvi/Kuldeep Singh
SEBI Registration No.: INM000004224
Motilal Oswal Investment Advisors Limited
Motilal OSwal Tower, Rahimtullah Sayani Road,
Opposite Parel ST Depot Prabhadevi
Mumbai 400 025
Maharashtra, India
Telephone: +91 22 7193 4380
E-mail: [email protected]
Investor Grievance ID: [email protected]
Website: www.motilaloswalgroup.com
Contact person: Ritu Sharma/Sankita Ajinkya
SEBI Registration No.: INM000011005
Nuvama Wealth Management Limited
801 -804, Wing A,
Building No 3 Inspire BKC,
G Block Bandra Kurla Complex,
Bandra East Mumbai – 400 051
Maharashtra, India
Telephone: +91 22 4009 4400
Email: [email protected]
Investor grievance email: [email protected]
Website: www.nuvama.com
Contact person: Lokesh Shah/ Soumavo Sarkar
SEBI Registration No: INM000013004
