| Jaro Education IPO Review | Jaro Education IPO Subscription |
| Jaro Education IPO SWOT Analysis | Jaro Education IPO Allotment |
Jaro Education IPO Description – Jaro Institute of Technology Management and Research, established in 2009 by Sanjay Namdeo Salunkhe, is a leading player in India’s online higher education and upskilling sector. Operating across 22 learning centers and 15 immersive studios nationwide, Jaro has partnered with 36 premier institutions—including 7 IIMs, 7 IITs, and international names like Rotman School of Management and Swiss School of Management. Notably, 29 of these partners are ranked in the NIRF Top 100 (2025).
Jaro Institute offers degree programs such as M.B.A., M.Com., B.Com., M.C.A., and certifications in high-demand domains like data science and fintech. Between FY22 and FY24, enrolments for certification courses grew at a CAGR of 58.36%, while degree programs saw a 16.79% CAGR. Its top 5 partners contributed 69.13% of revenue in FY24, reflecting strong recurring partnerships. Jaro’s tech-enabled, learner-centric model combines personalized support, flexible payment options, and deep academic collaboration, making it a key enabler in the future of work and a catalyst in India’s evolving education ecosystem.
Promoters of Jaro Education – Sanjay Namdeo Salunkhe and Balkrishna Namdeo Salunkhe
Table of Contents
Jaro Institute IPO Details
| Jaro Institute IPO Datess | 23 – 25 September 2025 |
| Jaro Education IPO Price | INR 846 – 890 per share |
| Fresh issue | INR 170 crore |
| Offer For Sale | INR 280 crore |
| Total IPO size | INR 450 crore |
| Minimum bid (lot size) | 16 shares (INR 14,240) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Jaro Education Financial Performance
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 84.61 | 122.15 | 199.05 | 252.26 |
| Expenses | 75.49 | 108.95 | 148.22 | 183.88 |
| Net income | 33.23 | 11.65 | 37.97 | 51.67 |
| Margin (%) | 39.27 | 9.54 | 19.08 | 20.48 |
Jaro Education Offer News
- Jaro Education RHP
- Jaro Education DRHP
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Jaro Education Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | FY 2025 (Pre-Issue) | FY 2025 (Post-Issue)* | |
| EPS | 16.49 | 5.73 | 18.71 | 25.35 | 23.32 |
| PE Ratio | – | – | – | 33.37 – 35.11 | 36.28 – 38.16 |
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
| RONW (%) | 52.84 | 14.87 | 32.35 | 30.12 |
| NAV | 34.03 | 41.67 | 58.43 | 84.77 |
| ROCE (%) | 47.22 | 19.12 | 40.90 | 37.38 |
| EBITDA (%) | 51.53 | 20.92 | 31.93 | 33.12 |
| Debt/Equity | 0.36 | 0.45 | 0.21 | 0.30 |
Jaro Education IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Subject to Sauda |
| 29 September 2025 | 45 | 600 |
| 27 September 2025 | 70 | 800 |
| 26 September 2025 | 77 | 1,000 |
| 25 September 2025 | 110 | 1,300 |
| 24 September 2025 | 130 | 1,500 |
| 23 September 2025 | 120 | 1,500 |
| 22 September 2025 | 104 | 1,200 |
| 20 September 2025 | 104 | 1,200 |
Jaro Education IPO Objectives
The company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:
- Marketing, brand building and advertising activities – INR 81 crore
- Prepayment or scheduled re-payment of a portion of certain outstanding borrowings availed by the company – INR 45 crore
- General corporate purposes
Jaro Education IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 10,63,829 | 7,97,873 | 18,61,702 | 37,23,404 |
| 25 Sep 2025 | 35.35 | 35.48 | 8.71 | 22.06 |
| 24 Sep 2025 | 0.68 | 3.49 | 2.02 | 1.95 |
| 23 Sep 2025 | 0.47 | 1.82 | 0.70 | 0.87 |
15,16,853 shares allotted to anchor investors are not included in these calculations.
Jaro Education IPO Allotment Status
Jaro Education IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Jaro Institute IPO Datess & Listing Performance
| IPO Opening Date | 23 September 2025 |
| IPO Closing Date | 25 September 2025 |
| Finalization of Basis of Allotment | 26 September 2025 |
| Initiation of refunds | 29 September 2025 |
| Transfer of shares to demat accounts | 29 September 2025 |
| Jaro Education IPO Listing Date | 30 September 2025 |
| Opening Price on NSE | INR 890 per share (no change) |
| Closing Price on NSE | INR 744.25 per share (down 16.38%) |
Jaro Education IPO Reviews – Subscribe or Avoid?
Angel One –
Anand Rathi –
Antique Stock Broking –
Ajcon Global –
Arihant Capital –
Axis Capital –
Ashika Research –
BP Wealth –
Capital Market –
Canara Bank Securities –
Choice Broking –
Dalal & Broacha –
Elara Capital –
Elite Wealth –
GCL Broking –
Geojit –
GEPL Capital –
Hem Securities –
Hensex Securities –
HDFC Securities –
ICICIdirect –
IDBI Capital –
Investmentz –
Indsec Securities –
Jainam Broking –
DR Choksey – Subscribe
LKP Research –
Marwadi Financial –
Motilal Oswal –
Mehta Equities –
Nirmal Bang –
Reliance Securities –
Sushil Finance –
Samco Securities –
SBI Securities – Subscribe
SMC Global –
SMIFS –
Systematix Research –
Swastika Investmart –
Ventura Securities –
Jaro Education Offer Lead Manager
MOTILAL OSWAL INVESTMENT ADVISORS LIMITED
Motilal Oswal Tower Rahimtullah Sayani Road,
Opposite Parel ST Depot, Prabhadevi Mumbai – 400 025
Telephone: +91 22 7193 4380
Email: [email protected]
Website: www.motilaloswalgroup.com
Jaro Education Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
56-2, 6th Floor, Pinnacle Business Park,
Mahakali Caves Road, next to Ahura Centre,
Andheri East, Mumbai- 400093, Maharashtra
Phone: +91 22 6263 8200
Email: [email protected]
Website: www.bigshareonline.com
Jaro Education Contact Details
JARO INSTITUTE OF TECHNOLOGY MANAGEMENT AND RESEARCH LIMITED
11th Floor, Vikas Centre, Dr. C.G. Road,
Chembur – East, Mumbai – 400074, Maharashtra
Phone: 022 – 2520 5763
Email: [email protected]
Website: www.jaroeducation.com
Jaro Education IPO FAQs
How many shares in Jaro Education IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
How to apply for Jaro Education Public Offer?
The best way to apply for Jaro Education public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Jaro Education IPO GMP today?
Jaro Education IPO GMP today is INR 45 per share.
What is Jaro Education kostak rate today?
Jaro Education kostak rate today is INR NA per application.
What is Jaro Education Subject to Sauda rate today?
Jaro Education Subject to Sauda rate today is INR 600 per application.