jaro institute of technology management and research limited IPO
IPO Overview
Jaro institute of technology management and research limited IPO is a Mainboard public issue offered through a Book Building issue with a total issue size of ₹450.00 Cr. The IPO price band is set at ₹846 to ₹890 per share, and retail investors can apply with a minimum investment of ₹14.2K as per IPO guidelines.
The Jaro institute of technology management and research limited IPO opens on 23 Sept 2025 and closes on 25 Sept 2025. The IPO allotment is expected to be finalized on 25 Sept 2025, and the equity shares are proposed to be listed on BSE, NSE on 29 Sept 2025.
Investors can refer to the Jaro institute of technology management and research limited IPO RHP-DRHP for detailed information. The issue is managed by Nuvama Wealth Management Ltd.,Motilal Oswal Investment Advisors Ltd.,Systematix Corporate Services Ltd. as the book running lead manager, while Bigshare Services Pvt Ltd is the registrar to the IPO. Before investing, market participants often review IPO details, valuation, PE ratio, financials, and risk factors.
About Company
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
Prepayment or scheduled re-payment of a portion of certain outstanding borrowings availed by the Company
General corporate purposes