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JAROEQ / NSE, BSEListed
Jaro Institute of Technology Management & Research

Jaro Institute of Technology Management and Research Limited (Jaro Education), incorporated in 2009, is an online higher education company with a pan-India presence through 22 offices-cum-learning centres and 15 tech-enabled studios at IIM campuses. As of March 31, 2024, it partnered with 34 premier institutions in India and abroad, including IITs, IIMs, the Swiss School of Management, and the Rotman School of Management, University of Toronto, with 24 of these ranked among the top 100 in their fields by NIRF. The company has been recognized by Symbiosis, IITs, and IIMs for its support in technology, infrastructure, marketing, and student services. Its offerings include degree programs such as DBA, MBA, M.Com, M.A., PGDM, MCA, B.Com, and BCA in collaboration with 13 Indian universities, nine of which are NIRF top 100, as well as online, hybrid, and in-person certification courses in management, fintech, data science, analytics, design thinking, and digital marketing with 21 institutes, including 7 IIMs and 6 IITs.

₹846 - ₹89018.95x sub
Listed Price₹890.00
Listing Gain+0.00%

IPO Schedule & Timeline

Bookbuilding IPO
Open23 Sep 2025
Close25 Sep 2025
Allotment26 Sep 2025
Listing30 Sep 2025

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Anchor15,16,853 shares
30%
QIB10,11,236 shares
20%
HNI7,58,427 shares
15%
Retail17,69,663 shares
35%

Minimum Application Lots

Retail1 Lot (16 shares)
₹14,240
sHNI15 Lots (240 shares)
₹2,13,600
bHNI71 Lots (1,136 shares)
₹10,11,040

Company Promoters

Sanjay Namdeo SalunkheBalkrishna Namdeo Salunkhe

Company Background

Jaro Institute of Technology Management and Research Limited (Jaro Education), incorporated in 2009, is an online higher education company with a pan-India presence through 22 offices-cum-learning centres and 15 tech-enabled studios at IIM campuses. As of March 31, 2024, it partnered with 34 premier institutions in India and abroad, including IITs, IIMs, the...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-25)₹254.02 Cr
Growth+192.4%
Revenue Trend (₹ in Crores)
0.097.4194.7292.1Mar-22Mar-23Mar-24Mar-25
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-25254.0251.67276.751.11
Mar-24202.5738.01201.7624.85
Mar-23124.5911.42175.7537.77
Mar-2286.8833.18130.7124.58

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Mar-2525.3535.76%37.38%34.8838.17
Mar-2418.7137.82%40.90%00
Mar-235.7315.05%19.12%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
26 Sep 2025
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
30 Sep 2025

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for Jaro Institute of Technology Management & Research. Check with PAN or Application No.

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Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization26 Sep 2025Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date30 Sep 2025Trading commences on exchange

How to Check Jaro Institute of Technology Management & Research Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

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3Enter Details

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4View Allocation

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Prospectus & Official Filings

Allotment FAQs & Help

About Jaro Institute of Technology Management & Research IPO

Complete issue overview for Jaro Institute of Technology Management & Research (JARO) IPO. The issue features an equity share price band of ₹846 – ₹890 per share with a minimum retail lot size of 16 Shares (minimum application amount of ₹14,240). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions