Jaro Institute of Technology Management and Research Ltd. IPO
IPO Timeline
-
23 Sep 2025Bidding Starts
-
25 Sep 2025Bidding Ends
-
26 Sep 2025Allotment Finalization
-
30 Sep 2025Listing
About Jaro Institute of Technology Management and Research Ltd.
We are one of India’s online higher education and upskilling platform companies (Sthece: Technopak Report). We market and facilitate delivery of a diversified range of online degree programs including D.B.A, MBA, M.Com., M.A., PGDM, M.C.A., M.Sc., B.Com., BCA, as well as cross-disciplinary certification ctheses, in partnership with 36 Partner Institutions, including 16 Tier-1 universities and institutions (which include 7 IIMs and 7 IITs and 15 Tier-2 universities and institutions as of March 31, 2025. Since the establishment of the business in 2009 by Sanjay Namdeo Salunkhe, a first-generation entrepreneur and
the Chairman and Managing Director with over 17 years of experience in the education sector, we have been one of the early movers in the online higher education and upskilling space (Sthece: Technopak Report). Despite being an entirely bootstrapped institution, we have achieved strong EBIDTA due to 16 years of in-depth understanding of the online higher education and upskilling sector. We leverage the expertise of the proficient senior management team with extensive experience in online higher education and upskilling, led by Sanjay Namdeo Salunkhe, the Chairman and Managing Director, as well as Ranjita Raman, the Chief Executive Officer and Whole-time Director, to enable Indian and foreign universities and institutions whom we serve (collectively, “Partner Institutions”), to expand their addressable markets while providing rich educational engagement, experiences and outcomes to the Learners.
Jaro Institute of Technology Management and Research Ltd. IPO Reservation
| Investors Category | Shares Offered |
|---|---|
| Anchor Investors | 15,16,854 (30%) |
| Non Institutional Investors | 7,58,427 (15%) |
| Qualified Institutional Buyers (QIBs) | 10,11,236 (20%) |
| Retail Individual Investors (RIIs) | 17,69,663 (35%) |
Jaro Institute of Technology Management and Research Ltd. Financial Information
| Year End | Revenue | PAT | Reserves & Surplus |
|---|---|---|---|
| 31 Mar 2025 | 254.02 Cr | 51.67 Cr | 151.31 Cr |
| 31 Mar 2024 | 202.58 Cr | 40.53 Cr | 102.39 Cr |
| 31 Mar 2023 | 124.60 Cr | 11.52 Cr | 60.26 Cr |
Jaro Institute of Technology Management and Research Ltd. Background
-
2025Successfully took steps towards brand visibility by collaborating with notable sports persons.
Received the “Edtech Leader Of The Year Empowering India’s Professionals” by ET Now
-
2024First tie-up with Jain University
First tie-up with IIT-Kanpur
First tie-up with Indian Institute of Sciences
Received the “Leading EdTech Company of the Year” award from Times Business Awards
-
2023Debut of First Commercial Advertisement on one of the popular online video sharing platforms and launched the inaugural commercial advertisement on the said platform with the message "Atke mat raho aur upskill karo," marking a significant milestone in the outreach efforts.
Successfully achieved a significant milestone by enrolling more than 20,000 admissions (i.e. 21,579 admission)
Received the “India’s Most Trusted Online Higher Education Company” award from Business Icon Awards by Outlook Business.
-
2022First tie-up with IIT- Delhi
Received the “Edtech Leadership” award from at the World HRD Congress
-
2018First collaboration with IIM Ahmedabad
Received the “Best Digital Learning Innovation” award at the 9th ABP National Education Awards 2018
-
2017Conversion of the Company into a public limited company
Received the “Outstanding Contribution in Online Education” award from at the Making of Developed India Awards
-
2016Amalgamation of the Company with EINS Institute of Management Technology and Research Private Limited, the erstwhile subsidiary of the Company, that strengthened the organizational framework
-
2015Enrolled more than 10,000 students in year (13,636 admission in 2014-15) Key awards, accreditations or recognitions :
-
2021Received the “Best Employer Brand” award at the National Best Employer Brands
-
2019Received the “Best Education Brand” award from Best Education Brands by The Economic Times
Received the “Fastest Growing MBA Program in Asia Pacific Countries and Most Innovative & Successful MBA Program in Asia” award at the 3rd Asia’s Best B-School Award
-
2014Received the “Best Online MS Program” award from HUL 22nd BSA and Dewang Mehta Business School Awards
-
2013Received the “Outstanding Online Cthese” award at the Global E-Learning Awards
Received the “Most Successful Institute for Enrolment in Foreign Universities” award from at the World Education Congress Global Awards
-
2012Received the “Innovation in Building Academic and Industry Interface” award from at the third edition of Asia’s Best B-School Awards
Received the "Fastest Growing MBA Program in Europe” award at the Asian Education Leadership Awards
Offer for Sale
The proceeds from the Offer for Sale shall be received by the Promoter Selling Shareholder. The Company will not receive any proceeds from the Offer for Sale. The Promoter Selling Shareholder will be entitled to the proceeds from the Offer for Sale, net of its portion of the Offer related expenses.
Fresh Issue
1. Marketing, brand building and advertising activities,
2. Prepayment or scheduled re-payment of a portion of certain outstanding borrowings availed by the Company,
3. General corporate purposes.
| Pricing Details | BSE | NSE |
|---|---|---|
| Issue Price | ₹ 890.00 | ₹ 890.00 |
| Open | ₹ 890.00 | ₹ 890.00 |
| Low | ₹ 718.00 | ₹ 717.55 |
| High | ₹ 890.00 | ₹ 890.00 |
| Last Trade | ₹ 745.05 | ₹ 744.25 |
The Promoters of the companys are Sanjay Namdeo Salunkhe and Balkrishna Namdeo Salunkhe.
Unless otherwise indicated, industry and market data used in this section have been derived from the report titled “Online higher education and upskilling market in India” dated August 26, 2025 (the “Technopak Report”), prepared and released by Technopak Advisors Private ... Read more
FAQs
When does Jaro Institute of Technology Management and Research Ltd. IPO opens and closes?
Jaro Institute of Technology Management and Research Ltd. IPO opens from 23rd September to 25th September 2025.What is the size of Jaro Institute of Technology Management and Research Ltd. IPO?
The size of the Jaro Institute of Technology Management and Research Ltd. IPO is ₹450.00 Cr.What is the price range of Jaro Institute of Technology Management and Research Ltd. IPO?
The price range of Jaro Institute of Technology Management and Research Ltd. IPO is at ₹846 to ₹890 per share.What is the minimum investment and lot size required for the Jaro Institute of Technology Management and Research Ltd. IPO?
The minimum investment required is ₹14,240 and minimum lot size is 16 shares.When is Jaro Institute of Technology Management and Research Ltd. IPO listing date?
The Jaro Institute of Technology Management and Research Ltd. IPO will be listed on 30th September 2025.What is the objective of Jaro Institute of Technology Management and Research Ltd. IPO?
Offer for Sale The proceeds from the Offer for Sale shall be received by the Promoter Selling Shareholder. The Company will not receive any proceeds from the Offer for Sale. The Promoter Selling Shareholder will be entitled to the proceeds from the Offer for Sale, net of its portion of the Offer related expenses. Fresh Issue 1. Marketing, brand building and advertising activities,2. Prepayment or scheduled re-payment of a portion of certain outstanding borrowings availed by the Company,
3. General corporate purposes.
Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article


Click it and Unblock the Notifications