
Education · NSE / BSE
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.
Price Band
₹846 – ₹890
Issue Size
₹450 Cr
Lot Size
16 shares
GMP
+3.8%
Est. Listing
₹924
at current GMP
Subscribed
18.95x
overall
Open
23 Sep 2025
Close
25 Sep 2025
Allotment
26 Sep 2025
Refund
27 Sep 2025
Demat Credit
28 Sep 2025
Listing
30 Sep 2025
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹890
Band: ₹846 – ₹890
Estimated Listing Price
₹924
Upper price + GMP
Lot Size
16 shares
Min investment ₹14,240
Estimated Profit / Lot
₹544
16 × ₹34
Grey Market Premium trend
+₹34
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹34 | 3.8% | ₹924 |
| 30 Oct 2026 | +₹34 | 3.8% | ₹924 |
| 29 Oct 2026 | +₹31 | 3.4% | ₹921 |
GMP is unofficial market data. Not a guarantee of listing performance.
Jaro Institute of Technology Management & Research Limited is bringing an initial public offering (IPO) in the Education sector with an aggregate issue size of ₹450 Crores. The shares are offered at a price band of ₹846 to ₹890 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2025-09-25, the basis of allotment is scheduled to be finalized on 2025-09-26. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
The latest grey market premium for Jaro Institute of Technology Management & Research Limited IPO is ₹34, which indicates an expected listing price of ₹924.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.