The IPO opens on September 23, 2025 and closes on September 25, 2025. Shares are planned to be listed on BSE and NSE.
Key IPO Details
| Particulars | Details |
|---|---|
| IPO Open Date | September 23, 2025 |
| IPO Close Date | September 25, 2025 |
| Listing Date | September 30, 2025 |
| Face Value | ₹10 per equity share |
| Price Band | ₹846 to ₹890 per share |
| Issue Size | Approx. ₹450 Crores |
| Fresh Issue | Approx. ₹170 Crores |
| Offer for Sale | Approx. 31,46,067 Equity Shares |
| Issue Type | Book Built Issue |
| IPO Listing | BSE, NSE |
| Retail Quota | Up to 35% |
| QIB Quota | Up to 50% |
| NII (HNI) Quota | Up to 15% |
Market Lot Information
| Category | Lot Size | Shares | Amount (₹) |
|---|---|---|---|
| Retail Minimum | 1 | 16 | 14,240 |
| Retail Maximum | 13 | 224 | 1,99,360 |
| S-HNI Minimum | 15 | 240 | 2,13,600 |
| S-HNI Maximum | 70 | 1,120 | 9,96,800 |
| B-HNI Minimum | 71 | 1,136 | 10,11,040 |
Important IPO Dates
| Event | Date |
|---|---|
| IPO Opening | September 23, 2025 |
| IPO Closing | September 25, 2025 |
| Basis of Allotment | September 26, 2025 |
| Refund Initiation | September 29, 2025 |
| Demat Credit | September 29, 2025 |
| Listing Date | September 30, 2025 |
Promoters
- Sanjay Namdeo Salunkhe
- Balkrishna Namdeo Salunkhe
About the Company
To be updated soon.
Financial Performance
| Period Ended | Revenue (₹ Cr) | Expense (₹ Cr) | PAT (₹ Cr) | Assets (₹ Cr) |
|---|---|---|---|---|
| 2022 | 86.88 | 75.49 | 33.18 | 130.71 |
| 2023 | 124.59 | 108.95 | 11.42 | 175.75 |
| 2024 | 202.57 | 148.22 | 38.01 | 201.76 |
Key Financial Ratios (FY2024)
| KPI | Value |
|---|---|
| ROE | 37.82% |
| ROCE | 40.90% |
| EBITDA Margin | 31.93% |
| PAT Margin | 18.75% |
| Debt to Equity Ratio | 0.21 |
| EPS (Basic) | ₹18.90 |
| P/E Ratio | N/A |
| RoNW | 32.35% |
| Net Asset Value (NAV) | ₹58.43 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW (%) | NAV | Income |
|---|---|---|---|---|---|
| There are no listed companies in India or globally. | |||||
Purpose of the IPO
- Marketing, brand building and advertising activities
- Prepayment/Repayment of borrowings
- General Corporate Purpose
Registrar & Contact Details
Registrar:
Bigshare Services Pvt. Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Lead Managers:
Nuvama Wealth Management Ltd.
Motilal Oswal Investment Advisors Ltd.
Systematix Corporate Services Ltd.
Company Address:
Jaro Institute of Technology Management & Research Ltd.
11th Floor, Vikas Centre, Dr. C.G. Road, Chembur – East, Mumbai, Maharashtra, 400074
Phone: 022 2520 5763
Email: cs@jaro.in
Website: https://www.jaroeducation.com/
Reviews
The company has shown strong financial results and growth in profitability. Investors may consider for long-term investment, but are advised to research further and consult financial advisors before investing.