About Jaro Institute of Technology Management & Research:
The company is one of India’s leading online higher education and upskilling platform providers (Source: Technopak Report). It markets and facilitates the delivery of a diverse portfolio of online degree programs, including D.B.A., MBA, M.Com., M.A., PGDM, M.C.A., M.Sc., B.Com., and BCA, along with cross-disciplinary certification courses. These programs are offered in collaboration with 36 partner institutions, comprising 16 Tier-1 universities and institutions (including 7 IIMs and 7 IITs) and 15 Tier-2 universities and institutions, as of March 31, 2025.
About the Industry in which Jaro Institute of Technology Management & Research operates:
The total addressable market for online higher education and upskilling in India was valued at ₹1.32 lakh million in Fiscal 2023 and is projected to grow at a CAGR of 25.7% over the next five years, reaching ₹4.15 lakh million in Fiscal 2028 (Source: Technopak Report). With continuous innovation in the sector, online higher education and upskilling platforms are positioned to play a crucial role in shaping the future of higher education, certification, and skill development initiatives in India.
| Important Information and Timelines of the IPO of Jaro Institute of Technology Management & Research: | |
|---|---|
| Open Date | 23 September 2025 |
| Close Date | 25 September 2025 |
| Total Issue Size – Number of Shares | 5056179 |
| Minimum Bid Price | 846 |
| Maximum Bid Price | 890 |
| Lot Size | 16 |
| Basis of Allotment | 26 September 2025 |
| Initiation of Refunds and Credit of Shares to Demat | 29 September 2025 |
| Listing Date | 30 September 2025 |
| Listing Exchange(s) | NSE and BSE |
Minimum and Maximum Lot Sizes for the IPO of Jaro Institute of Technology Management & Research:
| Category | Lots | Shares | Amount (in ₹) |
|---|---|---|---|
| Retail – Minimum | 1 | 16 | 14240 |
| Retail – Maximum | 14 | 224 | 199360 |
| sHNI – Minimum | 15 | 240 | 213600 |
| sHNI – Maximum | 70 | 1120 | 996800 |
| bHNI – Minimum | 71 | 1136 | 1011040 |
Objective of the IPO of Jaro Institute of Technology Management & Research:
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Marketing, brand building, and advertising activities.
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Prepayment or scheduled repayment of a portion of certain outstanding borrowings availed by the company.
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General corporate purposes.
Financials of Jaro Institute of Technology Management & Research:
| Particulars | Fiscal 2025 | Fiscal 2024 | Fiscal 2023 |
|---|---|---|---|
| Equity Share Capital (₹ in million) | 202.37 | 150.41 | 150.41 |
| Total Equity (₹ in million) | 1,715.47 | 1,174.32 | 835.66 |
| Total Income (₹ in million) ^ | 2,540.19 | 2,025.67 | 1,245.85 |
| Restated Profit / (Loss) for the Period/Year (₹ in million) | 516.66 | 379.72 | 116.54 |
| Earnings per Equity Share (Face Value ₹10 each) - Basic (₹) | 25.53 | 18.90 | 5.78 |
| Earnings per Equity Share (Face Value ₹10 each) - Diluted (₹) | 25.35 | 18.71 | 5.73 |
| Restated Net Asset Value per Equity Share (Basic) (₹) | 84.77 | 58.43 | 41.67 |
| Restated Net Asset Value per Equity Share (Diluted) (₹) | 84.17 | 57.85 | 41.40 |
| Total Borrowings (₹ in million) | 511.08 | 248.47 | 377.70 |
For more details on the IPO, refer to the DRHP here.
Did you know that you can now Pre-Apply for an IPO on Dhan? You can place your IPO Bid on Dhan and the order will be pushed to the Exchange as soon as the Bidding starts for Jaro Institute of Technology Management & Research. You will receive a UPI mandate after 10:00 AM on 23 September 2025.
###1. How to apply for the IPO of Jaro Institute of Technology Management & Research on Dhan?
You can apply for the IPO of Jaro Institute of Technology Management & Research from either Dhan Mobile App or Web
On Dhan Mobile App you can find the IPO under the Money Section > IPO Tab
On Dhan Web you can find the IPO under Markets Tab > IPOs
###2. In case of successful allotment, when the IPO shares of Jaro Institute of Technology Management & Research be visible on Dhan?
The CDSL will intimate you regarding the credit of shares into your Demat account by 29 September 2025. However, you will be able to see the shares of Jaro Institute of Technology Management & Research on Dhan before the market starts on the listing date which is 30 September 2025.