Jaro Institute IPO Date, Review, Price, Allotment Details
The Jaro Institute IPO will open on September 23, 2025, and close on September 25, 2025. This is a Book Built Issue through which the company aims to raise about ₹450 crores, consisting of a fresh issue of ₹170 crores and an offer for sale of up to 31,46,067 equity shares with a face value of ₹10 each.
The IPO price band has been fixed at ₹846 to ₹890 per share. The issue allocation reserves 50% for Qualified Institutional Buyers (QIBs), 15% for High Net-worth Individuals (HNIs), and 35% for retail investors. The basis of allotment will be finalized on September 26, 2025, and the shares are proposed to list on BSE and NSE on September 30, 2025.
From a financial perspective, Jaro Institute has shown strong growth. Its revenue increased from ₹124.59 crores in 2023 to ₹202.57 crores in 2024, while net profit rose from ₹11.42 crores in 2023 to ₹38.01 crores in 2024. Considering this performance, analysts suggest that investors may view this IPO as a long-term investment opportunity.
Jaro Institute IPO Details
| IPO Open Date | September 23, 2025 |
| IPO Close Date | September 25, 2025 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹846 to ₹890 Per Share |
| Issue Size | Approx ₹450 Crores |
| Fresh Issue | Approx ₹170 Crores |
| Offer for Sale: | Approx 31,46,067 Equity Shares |
| Issue Type | Book Built Issue |
| IPO Listing | BSE, NSE |
| DRHP Draft Prospectus |  |
Jaro Institute IPO Market Lot
The minimum market lot for the Jaro Institute IPO is 16 shares, requiring an application amount of ₹14,240. Retail investors can apply for a maximum of 13 lots, which equals 224 shares with a total investment of ₹1,99,360.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 16 | ₹14,240 |
| Retail Maximum | 13 | 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 |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 50% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 35% |
Jaro Institute IPO Anchor Investors
| Anchor Bidding Date | September 22, 2025 |
| Anchor Investors List | |
| Shares Offered | – Shares |
| Anchor Size | [.] Cr. |
| lock-in period end date 50% shares (30 Days) | October 26, 2025 |
| lock-in period end date 50% shares (90 Days) | December 25, 2025 |
Jaro Institute IPO Dates
The Jaro Institute IPO will open on September 23, 2025, and close on September 25, 2025. The share allotment is scheduled to be finalized on September 26, 2025, and the IPO will be listed on BSE and NSE on September 30, 2025.
| IPO Open Date: | September 23, 2025 |
| IPO Close Date: | September 25, 2025 |
| Basis of Allotment: | September 26, 2025 |
| Refunds: | September 29, 2025 |
| Credit to Demat Account: | September 29, 2025 |
| IPO Listing Date: | September 30, 2025 |
| IPO Bidding Cut-off Time: | September 25, 2025 – 5 PM |
Promoters and Holding Pattern
The promoters of the company are Sanjay Namdeo Salunkhe and Balkrishna Namdeo Salunkhe.
| Particular | Shares | % Share |
| Promoter Holding Pre-Issue | 2,02,29,895 | 78.29% |
| Promoter Holding Post Issue | 2,21,40,007 | 57.32% |
Objects of the Issue & Utilisation of Proceeds
| Purpose | Crores | % |
| Marketing, brand building, and advertising activities | 81.00 | -% |
| Prepayment or scheduled repayment of a portion of certain outstanding borrowings availed by the Company | 48.00 | -% |
| General Corporate Purpose | – | -% |
About Jaro Institute IPO
To be updated soon
Jaro Institute IPO Company Financial Report
Jaro Institute’s revenue grew significantly from ₹124.59 crores in 2023 to ₹202.57 crores in 2024. Its net profit also rose sharply from ₹11.42 crores in 2023 to ₹38.01 crores in 2024, reflecting strong year-on-year growth and improved profitability.
Amount in Crores (₹)
| Period Ended | Revenue | Expense | PAT | Assets |
| 2022 | ₹86.88 | ₹75.49 | ₹33.18 | ₹130.71 |
| 2023 | ₹124.59 | ₹108.95 | ₹11.42 | ₹175.75 |
| 2024 | ₹202.57 | ₹148.22 | ₹38.01 | ₹201.76 |
Jaro Institute IPO Valuation – FY2024
Check Jaro Institute IPO valuation details like Earnings Per Share (EPS), Price/Earnings (P/E) Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 37.82% |
| ROCE: | 40.90% |
| EBITDA Margin: | 31.93% |
| PAT Margin: | 18.75% |
| Debt-to-equity ratio: | 0.21 |
| Earning Per Share (EPS): | ₹18.90 (Basic) |
| Price/Earnings (P/E) Ratio: | N/A |
| Return on Net Worth (RoNW): | 32.35% |
| Net Asset Value (NAV): | ₹58.43 |
Peer Group Comparison
There are no listed companies in India or globally.
IPO Lead Managers aka Merchant Bankers
- Nuvama Wealth Management Ltd.
- Motilal Oswal Investment Advisors Ltd.
- Systematix Corporate Services Ltd.
IPO Registrar
Bigshare Services Pvt. Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Company Address
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: cs@jaro.in
Website: https://www.jaroeducation.com/