31 Mar 2025
Assets276.70
Total Income254.02
EBITDA83.58
Profit After Tax51.67
NET Worth171.55
Reserves and Surplus151.31
Total Borrowing51.11
At a glance
Updated 2026-09-10Jaro Institute is a Mainboard IPO with an issue size of ₹450.00 crore, proposed for listing on BSE, NSE. The offer opens on 23rd Sep 2025 and closes on 25th Sep 2025. The issue structure includes a fresh issue of ₹170.00 crore and an offer-for-sale component of ₹280.00 crore. The current listing schedule points to 30th Sep 2025.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹450.00 Cr
Fresh issue₹170.00 Cr
Offer for sale₹280.00 Cr
Face value₹10
Price band₹846.00–₹890.00
Allotment26th Sep 2025
Listing30th Sep 2025
Grey market
GMP page ↗Latest GMP₹43.00
GMP / upper price4.83%
Est. listing₹933.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens23rd Sep 2025
Closes25th Sep 2025
Allotment26th Sep 2025
Refund29th Sep 2025
Demat29th Sep 2025
Listing30th Sep 2025
Subscription demand
Full bidding ↗Total23.20×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 16 | ₹14,240 |
Reservation
Issue mix
QIB50.00%2,528,089 shares
Anchor Investor30.00%1,516,853 shares
QIB (Ex. Anchor)20.00%1,011,236 shares
NII (HNI)15.00%758,427 shares
bNII > ₹10L10.00%505,618 shares
sNII < ₹10L5.00%252,809 shares
Retail35.00%1,769,663 shares
Total100.00%5,056,179 shares
Company
Incorporated2009
Use of proceeds
| Object | Amount |
|---|---|
| Marketing, brand building and advertising activities | ₹81.00 Cr |
| Prepayment or scheduled re-payment of a portion of certain outstanding borrowings availed by the Company | ₹45.00 Cr |
| General Corporate Purposes | ₹30.15 Cr |
| Issue Expenses | ₹36.66 Cr |
| Total | ₹192.81 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue254.02₹ Cr
EBITDA83.58₹ Cr
PAT51.67₹ Cr
Assets276.70₹ Cr
Net Worth171.55₹ Cr
Borrowing51.11₹ Cr
3-year financial trendRevenue / EBITDA / PAT
₹ croreKPIs
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 35.76% |
| ROCE | 37.38% |
| Debt / Equity | 0.30% |
| RoNW | 30.12% |
| PAT Margin | 20.34% |
| EBITDA Margin | 33.13% |
| Price to Book Value | 10.5 |
Valuation & shareholding
Pre-IPO EPS25.52
Post-IPO EPS23.32
Pre-IPO P/E34.88
Post-IPO P/E38.17
Promoter holding pre78.28%
Promoter holding post57.32%
Market cap₹1971.91 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Jaro Institute Of Technology Management And Research IPO | — | 38.17 x | — | — |
| Physics Wallah IPO | — | -62.06 x | — | — |
| Crizac Limited IPO | — | 28.03 x | — | — |
| Veranda Learning IPO | — | - | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Marketing, brand building and advertising activities | ₹81.00 Cr |
| Prepayment or scheduled re-payment of a portion of certain outstanding borrowings availed by the Company | ₹45.00 Cr |
| General Corporate Purposes | ₹30.15 Cr |
| Issue Expenses | ₹36.66 Cr |
| Total | ₹192.81 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- Motilal Oswal Investment Advisors...
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-10.
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