Jaro Institute of Technology Management & Research IPO is a book-built issue aiming to raise ₹450 crore. It comprises a fresh issue of 0.19 crore shares aggregating to ₹170 crore and an offer for sale of 0.31 crore shares aggregating to ₹280 crore. The bidding window was open from September 23, 2025, to September 25, 2025, with the IPO allotment to be finalised on September 26, 2025. Jaro Institute of Technology Management & Research is scheduled to list on BSE and NSE on September 30, 2025.
The IPO was priced at ₹846–₹890 per share with a lot size of 16 shares. The public issue received bids for 8,21,06,320 shares against 35,39,326 shares available, resulting in an overall subscription of 23.20 times. QIBs led the response, subscribing 37.19 times their quota, followed by NIIs at 37.32 times and retail investors at 9.15 times.
Jaro Institute of Technology Management & Research’s ₹450 crore IPO, priced at ₹846–₹890 per share, was subscribed 23.20 times overall. The IPO consists of a fresh issue of 0.19 crore shares aggregating to ₹170 crore and an offer for sale of 0.31 crore shares aggregating to ₹280 crore. Bidding took place from September 23 to September 25, 2025, with the IPO allotment status on September 26, 2025. Retail investors subscribed 9.15 times and NIIs 37.32 times. Listing is expected on September 30, 2025, on BSE and NSE.
The table below breaks down the Jaro Institute of Technology Management & Research share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
Investor Category | Shares Offered | % of Issue |
QIB | 25,28,089 | 50.00% |
NII (HNI) | 7,58,427 | 15.00% |
Retail | 17,69,663 | 35.00% |
Total | 50,56,179 | 100.00% |
Data Source: NSE
Category | Subscription (times) |
QIB (Ex Anchor) | 37.19 |
NII | 37.32 |
└─ bNII (Above ₹10L) | 35.59 |
└─ sNII (Below ₹10L) | 40.77 |
Retail | 9.15 |
Total | 23.20 |
Note: The subscription details are as of September 25, 2025
Founded in 2009, Jaro Institute of Technology Management and Research Limited, popularly known as Jaro Education, is a prominent player in the online higher education and upskilling sector. By March 31, 2025, the company had established a strong pan-India footprint with 22 offices-cum-learning centres in major cities and 17 immersive technology studios located across IIM campuses. These facilities enable Jaro to collaborate with 36 partner institutions and deliver a wide portfolio of degree and certification programs. The offerings include DBA, MBA, M.Com, M.A., PGDM, MCA, M.Sc., B.Com, BCA, as well as cross-disciplinary certification courses. In total, 268 programs were marketed and facilitated through partner institutions as of March 2025, supported by a workforce of 860 employees.
The company’s strengths lie in its leadership position within the online education and upskilling market, its ability to provide comprehensive solutions to both institutions and learners, and its stable revenue base built on long-term client relationships. Jaro has a proven record of enabling high-quality, diverse educational offerings by leveraging technology and digital platforms. Its experienced leadership team, with deep expertise in the education industry, further strengthens its market credibility and growth prospects.
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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Sep 25, 2025, 10:16 PM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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