Jaro Institute Of Technology Management And Research Limited IPO
As of March 31, 2023, this company stands out as one of India’s top online higher education and upskilling platforms. An early entrant in the sector, it boasts a nationwide presence with 22 offices-cum-learning centres and 15 tech studios. By March 31, 2024, it partnered with 34 institutions—24 of which rank among the top 100 in their fields by NIRF—highlighting its strong industry connections and commitment to quality education.
Price Band₹0.00 |
Dates- |
GMP₹0 (-) |
Subscriptions- |
Issue Size₹570.00 Crs |
Jaro Institute IPO Objects
- Marketing, brand building and advertising activities
- Prepayment of a portion of certain outstanding borrowings availed by our Company
- General corporate purposes
Jaro Institute IPO Details
Price Band₹0.00 |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹170.00 Cr (0.00 Shares) |
Offer For Sale₹400.00 Cr (0.00 Shares) |
Total Issue₹570.00 Cr (0.00 Shares) |
Face Value₹10 per equity share |
Jaro Institute IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
0
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0
Maximum
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| Small HNI |
Minimum
-
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Maximum
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| Big HNI |
Minimum
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Jaro Institute IPO GMP
The estimated Grey Market Premium of Jaro Institute IPO is ₹0 per share (-)
Category Allocation
| Particulars | Allocation |
|---|---|
| QIBs | Not more than 50% of Net Offer |
| Big HNIs (NII) | Not less than 10% of Net Offer |
| Small HNIs (NII) | Not less than 5% of Net Offer |
| Retail | Not less than 35% of Net Offer |
| Employee | NA |
| Shareholder | NA |
Jaro Institute IPO Financials
| Particulars | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| Revenue from Operations | 199.05 | 122.15 | 84.61 |
| Profit after Tax | 37.97 | 11.65 | 33.23 |
| Total Equity | 117.43 | 83.57 | 68.25 |
| Total Borrowing | 24.85 | 37.77 | 24.58 |
| Total Assets | 201.76 | 175.75 | 130.71 |
| NAV per share (in ₹) | 58.43 | 41.67 | 34.03 |
| EPS - Basic (in ₹) | 18.90 | 5.78 | 16.49 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | Values |
|---|---|
| EBITDA | 31.93% |
| PAT | 18.75% |
| ROE | 37.82% |
| ROCE | 40.90% |
| Debt to Equity | 0.21 |
- All the data pertains to FY 2023-24.
Jaro Institute IPO Peer Comparision
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Jaro Institute IPO Peer Comparision
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Promoter Details
| Name | Shareholding |
|---|---|
| Sanjay Namdeo Salunkhe | 78.20% |
| Other Promoter | 6.83% |
| Total | 85.03% |
Management Details
| Name | Designation |
|---|---|
| Sanjay Namdeo Salunkhe | Chairman & MD |
| Ranjita Raman | CEO |
| Sankesh Kashinath Mophe | CFO |
Company Details
Name: Jaro Institute of Technology Management and Research Limited
Address: 11th Floor, Vikas Centre, Dr. C.G. Road, Chembur – East, Mumbai – 400074, Maharashtra, India
Number: 022 – 2520 5763
Email: cs@jaro.in
Website: www.jaroeducation.com
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Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Jaro Institute IPO is a Mainboard IPO having an issue size of Rs. ₹570.00 Crs. Jaro Institute IPO is priced at ₹0.00 - ₹0.00 per share. The issue opens on 12 Jul 25 and closes on 12 Jul 25.
Jaro Institute IPO opens on 12 Jul 25 and closes on 12 Jul 25.
The estimated Grey Market Premium of Jaro Institute IPO is ₹0 per share (-).
The minimum lot size of Jaro Institute IPO is shares & the minimum application amount is Rs. 0.
The allotment date of Jaro Institute IPO is 12 Jul 25.
The listing date of Jaro Institute IPO is 12 Jul 25.
Jaro Institute IPO is subscribed -.
Jaro Institute IPO is priced at ₹0.00 - ₹0.00 per share.
Click the allotment link on Jaro Institute IPO page of IPO360.
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