Jaro Institute IPO last GMP is ₹122,With the price band of 890.00, Jaro Institute IPO’s estimated listing price is ₹1012 (cap price + today’s GMP).The expected percentage gain/loss per share is 13.71%.>> Jaro Institute IPO Retail Subject to Sauda: ₹1500>> Jaro Institute IPO Small HNI Subject to Sauda: ₹22 The lowest GMP is ₹0.00, while the highest GMP is ₹122.00.
Jaro Institute of Technology Management & Research Ltd. IPO Details
IPO Details
- IPO Dates: September 23, 2025 – September 25, 2025
- Price Band: ₹846 – ₹890 per equity share
- Issue Size: ₹450 crores (Fresh Issue: ₹170 crores, Offer for Sale: ₹280 crores)
- Listing At: BSE and NSE
- Expected Listing Date: September 30, 2025
Company Overview
Jaro Institute of Technology Management and Research Limited (Jaro Education) is an online higher education company with a pan-India presence. The company operates 22 offices-cum-learning centers across major cities for offline learning and 15 immersive tech studio set-ups located on IIM campuses. Jaro Education has partnered with 36 premier institutions, including 7 IIMs, 7 IITs, and international universities like the University of Toronto’s Rotman School of Management.
Financial Performance
- Revenue (FY25): ₹254.02 crores
- Profit After Tax (FY25): ₹51.67 crores
- Return on Equity (ROE): 35.76%
- Return on Capital Employed (ROCE): 37.38%
- Earnings Per Share (EPS): ₹25.52
- Price-to-Earnings (P/E) Ratio: 34.88
Use of Proceeds
- Marketing, brand building, and advertising activities: ₹81 crores
- Repayment of borrowings: ₹48 crores
- General corporate purposes: ₹44 crores