Jaro Institute of Technology Management & Research Limited
ListedMainboardEducation · 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
₹34
+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 12 days ago
Overall Subscription
18.95x
Total Demand
QIB Multiplier
24.79x
Institutions & Funds
NII / HNI
36.13x
High Net-Worth
Retail (RII)
8.24x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,011,236 | 25,071,456 | 24.79x |
| NIB | 758,427 | 27,405,472 | 36.13x |
| HNIs(10L +) | 505,618 | 17,503,744 | 34.62x |
| HNIs (2-10L) | 252,809 | 9,901,728 | 39.17x |
| RETAIL | 1,769,663 | 14,582,176 | 8.24x |
| Total | 4,297,753 | 94,464,576 | 18.95x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 110,604 | 831,255 | 7.52x |
| HNIs(10L +) | 2,107 | 14,180 | 6.73x |
| HNIs (2-10L) | 1,053 | 40,631 | 38.59x |
| Total Applications | 113,764 | 886,066 | 7.79x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Jaro Institute of Technology Management & Research Limited Public Issue & Market Profile
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.
Bidding & Quota Instructions:
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.
Allotment Reconciliation Schedule:
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.
Frequently Asked Questions
What is Jaro Institute of Technology Management & Research Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Jaro Institute of Technology Management & Research Limited IPO is ₹34 per equity share. Based on the upper price band of ₹846 to ₹890 per equity share, the estimated listing price is ₹924 (+3.8% expected listing gain).
What is the expected profit per lot for Jaro Institute of Technology Management & Research Limited IPO?
With a lot size of 16 shares and current GMP of ₹34, the expected profit per application lot is approx ₹544 (+3.8% gain). Minimum application cost is approx ₹14,240.
What is the issue size and price band for Jaro Institute of Technology Management & Research Limited IPO?
The Jaro Institute of Technology Management & Research Limited IPO aggregate issue size is ₹450 Crores with an equity price band set at ₹846 to ₹890 per equity share. The retail lot size is 16 shares requiring a minimum capital outlay of approx. ₹14,240.
How can I check Jaro Institute of Technology Management & Research Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 18.95x (Retail: 8.24x, QIB: 24.79x, NII: 36.13x). You can track live multiples directly on our dedicated subscription page.
Where and when will Jaro Institute of Technology Management & Research Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2025-09-26. Investors can verify status using PAN card or application number.
When is the listing date for Jaro Institute of Technology Management & Research Limited IPO?
Jaro Institute of Technology Management & Research Limited shares are scheduled to list on NSE and BSE on 2025-09-30.