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The Jaro Institute of Technology IPO opened for subscription on September 23 and will close on September 25, 2025. The company aims to raise u20b9450 crore, with a price band of u20b9846u2013u20b9890 per share. Shares are scheduled to list on both NSE and BSE on September 30, 2025.<br>
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JaroInstituteofTechnologyIPODay1: GMP, SubscriptionStatus,Review–Apply or Not? • TheJaroInstituteofTechnologyIPOopenedforsubscriptiononSeptember23andwillclose onSeptember25,2025.Thecompanyaimstoraise₹450crore,withapricebandof • ₹846–₹890pershare.SharesarescheduledtolistonbothNSEandBSEonSeptember 30, 2025. • JaroInstituteofTechnologyIPOGMPToday • TheJaroInstituteofTechnologyIPOGMP(greymarketpremium)isaround₹122.Basedon this,thesharesmaylistnear₹1,012,reflectinga13.71%premiumovertheupperpricebandof • ₹890. • InvestorsshouldnotethatGMPisunofficial,andactuallistingpricescandiffersignificantly. • JaroInstituteofTechnologyIPOSubscriptionStatus(Day 1) • SubscriptiondetailsforDay1areawaited.TheIPOwillremainopenuntilSeptember25,with category-wisedemand(Retail,NII,QIB)becomingclearerasbiddingprogresses. • JaroInstituteofTechnologyIPODetails • IssueSize:₹450crore • FreshIssue:₹170crore(0.19croreshares) • OfferforSale(OFS):₹280crore(0.31croreshares) • PriceBand:₹846–₹890pershare • LotSize:16shares • MinimumInvestment(Retail):₹14,240(1lot) • AllotmentDate:September26,2025 • ListingDate:September30,2025(NSE&BSE) • BookRunningLeadManagers:NuvamaWealthManagement,MotilalOswal InvestmentAdvisors,SystematixCorporateServices • Registrar:BigshareServicesPvt.Ltd.
Thepromoter,SanjayNamdeoSalunkhe,currentlyholding78.2%stake,willbeoffloading sharesworth₹400croreviatheOFS. • AboutJaroInstituteofTechnology • Foundedin2009,JaroEducation(operatingasJaroInstituteof Technology)isaleadingplayer inIndia’sonlinehighereducationandprofessionalupskillingsector. • Offerstechnology-drivendegreeprograms&certificationsincollaborationwith 34 academicpartners,includingIITs,IIMs,theSwissSchoolofManagement,andthe RotmanSchoolofManagement(UniversityofToronto). • Operates22officesandlearningcentresacrossIndia,supportedby15tech-enabled studiosetups. • Caterstodiverselearners:fromstudentstoworkingprofessionalsseekingexecutive education. • Brokerages’Review–ApplyorNot? • AnandRathiSecurities:SubscribeforLongTerm–notesJaro’sstrongbrand positioning,scalability,andleadershipinthedigitaleducationmarket. Valuations(P/Eof 38.1xFY25earnings)appearsteep,butgrowthpotentialjustifiesapremium. • SBISecurities:SubscribeforLong Term –highlightsrobustgrowthtrajectory,scalable businessmodel,andstrongdemandinIndia’srapidlyexpandingEdTech&higher educationmarket,expectedtonearlydoublebyFY28. • Attheupperbandof₹890,theIPOvaluesthecompanyataP/Eof~38x,whichishigherthan somepeersbutsupportedbystrongfundamentalsandsectortailwinds. • Conclusion–ShouldYouApply? • TheJaroInstituteofTechnologyIPOcomesatpremiumvaluationsbutisbackedbystrong fundamentals,aprovenbusinessmodel,andsignificantsectorgrowthpotential. • Short-terminvestors:Mayconsidercautiously,aslistinggainsdependonsustained GMPtrends. • Long-terminvestors:Brokeragesrecommendsubscribing,givenJaro’sleadershipin onlineeducationandstronggrowthvisibility. Disclaimer
Thisarticleisforinformationalpurposesonlyandshouldnotbeconsideredinvestmentadvice. Investorsareadvisedtodotheirownresearchandconsultcertifiedfinancialadvisorsbefore makinganyinvestmentdecisions.