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 34 premier institutions—including 7 IIMs, 6 IITs, and international names like Rotman School of Management and Swiss School of Management. Notably, 24 of these partners are ranked in the NIRF Top 100 (2024).
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
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 | |
| Revenue | 84.61 | 122.15 | 199.05 |
| Expenses | 75.49 | 108.95 | 148.22 |
| Net income | 33.23 | 11.65 | 37.97 |
| Margin (%) | 39.27 | 9.54 | 19.08 |
Jaro Education Offer News
Jaro Education Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 (Pre Issue) | FY 2025 (Post-Issue)* | |
| EPS | 16.49 | 5.73 | 18.71 | – |
| PE Ratio | – | – | – | – |
| FY 2022 | FY 2023 | FY 2024 | |
| RONW (%) | 52.84 | 14.87 | 32.35 |
| NAV | 34.03 | 41.67 | 58.43 |
| ROCE (%) | 47.22 | 19.12 | 40.90 |
| EBITDA (%) | 51.53 | 20.92 | 31.93 |
| Debt/Equity | 0.36 | 0.45 | 0.21 |
Jaro Education IPO GMP Today (Daily Trend)
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 48 crore
- General corporate purposes
Jaro Education IPO Subscription – Live Updates
Coming soon
NA Shares allotted to anchor investors are not included in these calculations. Similarly, NA shares allotted to market makers, if any, are not part of these calculations.
Jaro Education IPO Allotment Status
Jaro Education IPO allotment status will be 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 | Coming soon |
| Closing Price on NSE | Coming soon |
Jaro Education IPO Reviews – Subscribe or Avoid?
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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 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 NA 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 NA per application.
