
Jaro Institute IPO GMP & Review: Should You Apply or Avoid?
Posted by : sachet | Fri Sep 19 2025

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Jaro Institute IPO is open for bidding from 23rd September 2025 to 25th September 2025. It is a bookbuilding IPO of ₹450.00 crore, comprising a fresh issue of 0.19 crore shares. The problem will be listed on NSE and BSE on its tentative listing date, 30th September 2025.
Jaro Institute IPO Details
The Jaro Institute IPO date is fixed between 23rd September 2025 and 25th September 2025. The face value of Jaro Institute IPO shares stands at ₹10 per share, and the IPO price is set at ₹846.00 to ₹890.00 per share.
Bigshare Services Private Limited is the registrar of the Jaro Institute IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below.
IPO Open Date | 23rd September 2025 |
IPO Close Date | 25th September 2025 |
IPO Allotment Date | 26th September 2025 |
Refund Initiation | 29th September 2025 |
Issue Size | 50,56,112 shares(aggregating up to ₹450.00 Cr) |
Fresh Issue | 19,10,112 shares(aggregating up to ₹170.00 Cr) |
Offer for Sale | 31,46,067 shares of ₹10(aggregating up to ₹280.00 Cr) |
Face Value | ₹10 per share |
Lot Size | 16 shares |
Issue Price Band | ₹846.00 to ₹890.00 per share |
Issue Type | Bookbuilding IPO |
Listing At | BSE & NSE |
Listing Date | 30th September 2025 |
Jaro Institute IPO Share Reservation
Jaro Institute IPO is a bookbuilding IPO of ₹450.00 crores, comprising a fresh issue of 0.19 crore shares of Jaro Institute, which will be listed on the BSE and NSE. Furthermore, SEBI has specified the share reservation criteria for different investor categories.
Investor Categories | Shares Offered |
QIB Shares Offered | Not more than 50% of the Net Offer |
Retail Shares Offered | Not less than 35% of the Net Offer |
NII (HNI) Shares Offered | Not less than 15% of the Net Offer |
Jaro Institute IPO GMP Grey Market Premium
GMP is the gap between the price band of the issue and the price at which company shares are currently trading in the grey market. Do you want to get live updates on the Jaro Institute IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.
GMP Date | IPO Price | GMP | Estimated Listing Price | Estimated Listing Gains |
19-09-2025 | ₹890.00 | ₹101.00 | ₹991.00 | 11.35% |
18-09-2025 | ₹890.00 | ₹101.00 | ₹990.00 | 11.24% |
17-09-2025 | ₹0.00 | ₹0.00 | ₹0.00 | 0.00% |
16-09-2025 | ₹0.00 | ₹0.00 | ₹0.00 | 0.00% |
15-09-2025 | ₹0.00 | ₹0.00 | ₹0.00 | 0.00% |
As of 19th September 2025, Jaro Institute IPO GMP stands at ₹101 per share, which means the share will likely show a listing at ₹991 on its tentative listing date, 30th September 2025.
GMP data is subject to change based on market trends and sentiments. Please verify the live GMP status before applying for the Jaro Institute IPO GMP. Stay informed with Univest to know about real-time insights on IPOs and their GMP trends.
Jaro Institute IPO GMP Review

Check out the detailed Jaro Institute IPO review for a thorough understanding of its potential to report listing gains on 30th September 2025. The Jaro Institute IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO.
Financial Health
Assess a company’s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the growth margins and declines of the business’s financials before applying for the Jaro Institute IPO.
Jaro Institute Limited’s revenue increased by 62.58% from ₹124.59 crores in March 2023 to ₹202.57 crores in March 2024. Moreover, the company’s PAT rose by 225.92% from ₹11.65 crores to ₹37.97 crores.
Jaro Institute Limited’s IPO has shown consistent revenue growth, indicating that the company is financially stable. Moreover, brokers, investors, and RAs have a positive outlook for the Jaro Institute IPO, with its tentative listing day set for 30th September 2025.
Technical Analysis
Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of the Jaro Institute IPO.
Key Indicators | Value |
PE Ratio (Price-to-Earnings) | 34.88 |
EPS (Earnings Per Share) | 25.52 |
RoNW | 30.12% |
ROCE | 37.38% |
ROE | 35.76% |
EBITDA Margin | 33.13% |
Price to Book Value | 10.50 |
Market Capitalisation | ₹1,971.91 Cr |
The P/E ratio of Jaro Institute Limited’s share is 34.88, and its Earnings Per Share (EPS) stands at 25.52. Thus, the Jaro Institute Limited IPO is expected to deliver gains on its tentative listing date, 22nd September 2025.
Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Jaro Institute Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics.
Jaro Institute IPO Subscription Status
The Jaro Institute IPO is to be opened for bidding on 23rd September 2025. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Jaro Institute IPO subscription status.
Investor Category | Shares Offered | Shares Subscribed | Subscription to the Times |
QIB Shares Offered | Not more than 50% of the Net Offer | Yet to be announced | Yet to be announced |
Retail Shares Offered | Not less than 35% of the Net Offer | Yet to be announced | Yet to be announced |
NII (HNI) Shares Offered | Not less than 15% of the Net Offer | Yet to be announced | Yet to be announced |
About Jaro Institute Limited

Prime Cable Industries Limited was established in 2009. Jaro Institute of Technology Management and Research Limited (Jaro Education) is an online higher education company. The company has a pan-India presence of over 22 offices-cum-learning centres across major cities for offline learning, apart from 17 immersive tech studio set-ups in the campuses of various IIMs. Jaro Education cater to a total of 34 Partner Institutions, as of March 31, 2025. Jaro Education has also received appreciation from Symbiosis International (Deemed University), IITs and IIMs for supporting them in technology and infrastructure support for lecture delivery, marketing and promotion and student acquisitions and support.
Jaro Institute Limited Financials
The company’s financial analysis is crucial before applying for the Jaro Institute IPO. Refer to the table to learn about Jaro Institute Limited’s financials.
Year Ended | 31st March 2024 (in cr.) | 31st March 2023 (in cr.) |
Assets | 201.76 | 175.75 |
Revenue | 202.57 | 124.59 |
Profit After Tax | 37.97 | 11.65 |
EBITDA | 63.56 | 25.55 |
Net Worth | 117.43 | 77.85 |
Reserve and surplus | 102.39 | 62.80 |
Total Borrowing | 24.85 | 37.77 |
Explanation
Jaro Institute Limited’s revenue increased by 62.58% from ₹124.59 crores in March 2023 to ₹202.57 crores in March 2024. Moreover, the company’s PAT rose by 225.92% from ₹11.65 crores to ₹37.97 crores.
Jaro Institute IPO Bidding Requirements
Investors can bid for a minimum of 16 shares and in multiples thereof. The following table represents the minimum and maximum investments by individual investors (retail) and HNI in terms of shares and amount.
Application | Lots | Shares | Amount |
Individual Investors (Retail) (Min) | 1 | 16 | ₹14,240 |
Individual Investors (Retail) (Max | 13 | 224 | ₹1,99,360 |
S-HNI (Min) | 14 | 240 | ₹2,13,600 |
S-HNI (Max) | 67 | 1,120 | ₹9,96,800 |
B-HNI (Min) | 68 | 1,136 | ₹10,11,040 |
Jaro Institute IPO has reserved lot sizes for different investor categories. Look at the table below to see the requirements for applying for this IPO.
Use the lot size calculator to find how many shares you should apply for!
Jaro Institute IPO Promoter Holding
Take a look at the table below to review the holdings of Jaro Institute Limited’s promoters: Rakesh Ashok Markhedkar, Avinash Markhedkar, and Nakul Markhedkar.
Shareholding Pre-Issue | 78.28% |
Shareholding Post-Issue | 57.32% |
Note: The value will be calculated using Equity Dilution = Share Holding Pre-Issue – Share Holding Post-Issue.
Aim of the Jaro Institute IPO
The primary aim of the Jaro Institute IPO is to raise ₹450.00 crores. On the other hand, Jaro Institute has decided to utilise these funds in different ways. Explore some of the secondary objectives for the Jaro Institute IPO.
- To Marketing, brand building and advertising activities
- To Prepayment or scheduled repayment of a portion of certain outstanding borrowings availed by the Company
- For general corporate purposes
Should I Invest in the Jaro Institute IPO?
Explore the pros and cons of Jaro Institute to determine whether you should apply or avoid it. These pros and cons might help you know about the IPO’s efficiency in delivering profits in the coming decades.
Pros of Jaro Institute IPO
- Jaro Institute has a strong revenue growth.
- The company is profitable with a positive EBITDA margin and good PAT/PAT margin metrics.
- The company has a strong partnership and offers a diverse range of programs.
- The company has improved its financial performance and reduced its interest burden.
Cons of Jaro Institute IPO
- The company has a high dependence on partner institutions and revenue-sharing agreements.
- The company has a high cost of marketing and a high marketing spend.
- The company has improved the revenue from the top few partners and institutions, and it is still high.
How to Apply for the Jaro Institute IPO?

Check the steps mentioned below to apply for Jaro Institute Limited.
- Step 1: Conduct thorough research on the Jaro Institute IPO, including GMP, subscription status, issue size, lot size, and other relevant details.
- Step 2: Open a demat account on Univest to learn about real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section.
- Step 3: Make a bid for one lots of 16 shares worth ₹14,240.
- Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.
Note: You can apply for the Jaro Institute IPO from more than one demat account to increase your chances of allotment.
How to Check Jaro Institute IPO Allotment Status?
You can check whether the Jaro Institute IPO allotment has been completed in different ways. These include NSE and the registrar portal. Look at the steps mentioned below to check your allotment status online.
Check On NSE
- Visit the NSE Official Website.
- Navigate to the IPO Allotment Section.
- Select Equity as the issue type.
- Choose the Jaro Institute IPO.
- Choose whether to proceed with the PAN number or the application number.
- Submit your details to get the allotment status online.
Check On the Registrar Portal
- Visit the registrar portal.
- Click on the allotment option.
- Fill in the required details.
- Click on the submit button to know your Jaro Institute IPO allotment status.
Let’s Wrap
Jaro Institute IPO is a bookbuilding issue of shares worth ₹813.07 crores. The shares of Jaro Institute Limited will be listed on NSE and BSE on its tentative listing date of 30th September 2025. Researching the Jaro Institute IPO GMP and reviews is highly suggested to book your ideal profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.
Open a demat account on Univest now to initiate your investment journey!
FAQs on Jaro Institute IPO
How is the Jaro Institute IPO?
Ans. Currently, on 19th September 2025, the Jaro Institute IPO GMP (Grey Market Premium) stands at ₹101. It indicates that the estimated listing price could be ₹991 per share. It is a bookbuilding IPO of ₹450.00 crores, comprising a fresh issue of 0.19 crore shares. The face value of each share of Jaro Institute Limited is ₹10 per share.
What is the Jaro Institute IPO price?
Ans. The Jaro Institute IPO price is set at ₹846.00 to ₹890.00 per share. Retail investors can apply for a minimum of 1 lot consisting of 16 shares worth ₹14,240. Moreover, HNIs are required to bid for a minimum of 15 lots (240 shares) worth ₹2,13,600.
Is the Jaro Institute IPO good?
Ans. Jaro Institute Limited’s revenue increased by 62.58% from ₹124.59 crores in March 2023 to ₹202.57 crores in March 2024. Moreover, the company’s PAT rose by 225.92% from ₹11.65 crores to ₹37.97 crores.
Who is the registrar of the Jaro Institute IPO?
Ans. Bigshare Services Private Limited is the registrar of the Jaro Institute IPO, responsible for managing the allotment procedure and initiating refunds. For any queries regarding the Jaro Institute allotment and refund, please contact Bigshare Services Private Limited at investor@bigshareonline.com or +91-22-6263 8200.
What is the issue size of the Jaro Institute IPO?
Ans. Jaro Institute IPO is a bookbuilding IPO for 0.19 crore shares worth ₹450.07 crores. Moreover, the IPO is set to open on 23rd September 2025 and will be closed on 25th September 2025.
Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Jaro Institute IPO, download the Jaro Institute IPO RHP and the Jaro Institute IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.
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