jaro institute of technology management and research limited

jaro institute of technology management and research limited

JARO • ISIN: INE00YJ01010

BSE, NSE

Listing Price: ₹890

+0.00% Gain
About Company

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 delivers a wide range of online degree programs such as DBA, MBA, M.Com, M.A., PGDM, MCA, M.Sc, B.Com, and BCA, along with cross-disciplinary certification courses. These programs are provided in partnership with 36 institutions, as of March 31, 2025.

As of March 31, 2025, 268 degree programs and certification courses are offered by the company's Partner Institutions, which Jaro Education markets and facilitates.

As of March 31, 2025, the company had 860 employees.

Business Strengths

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

Investment Objective

Marketing, brand building and advertising activities

Prepayment or scheduled re-payment of a portion of certain outstanding borrowings availed by the Company

General corporate purposes

₹846 to ₹890

Price Band

450.00 Cr

Issue Size

14.2K

Min Investment

16 shares

Lot Size

38.17x

P/E Ratio

Important Dates

Issue Opens

23 Sept 2025

Issue Closes

25 Sept 2025

Allotment

25 Sept 2025

Listing

29 Sept 2025

Subscription Status
QII

Qualified Institutional Investors

22.45x

22,706,464 / 1,011,236 shares

HNI (>₹10L)

High Networth Individuals (Above ₹10 Lakhs)

21.26x

10,751,232 / 505,618 shares

NII (<₹10L)

Non-Institutional Investors (Below ₹10 Lakhs)

22.42x

5,667,376 / 252,809 shares

Retail

Retail Individual Investors

5.51x

9,750,784 / 1,769,663 shares

Financial Performance
Offer Documents
RHP
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DHRP
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Issue Details
Issue TypeBB
Face Value₹10
Lead Managers
Nuvama Wealth Management Ltd.
Motilal Oswal Investment Advisors Ltd.
Systematix Corporate Services Ltd.
Min Quantity16
Max Quantity561
Company Promoters
Sanjay Namdeo Salunkhe
Balkrishna Namdeo Salunkhe
Website

https://www.jaroeducation.com/

Email

cs@jaro.in

Phone022 2520 5763
Address

Jaro Institute of Technology Management & Research Ltd.
11th Floor, Vikas Centre,
Dr. C.G. Road,
Chembur – East,
Mumbai, Maharashtra, 400074