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Jaro Institute of Technol. Mgt. and Research Ltd
Jaro Institute of Technol. Mgt. and Research Ltd
Registered Office : 11th Flr Vikas Centre Dr.C.G.,Road Chembur East,Mumbai Maharashtra 400074 Phone : 022-2520 5763
Fax :
Email : cs@jaro.in
Website : www.jaroeducation.com
Initial public offering of up to 50,56,179 equity shares of face value of Rs.10 each ("equity shares") of Jaro Institute of Technology Management and Research Limited (the "company" or the "issuer") for cash at a price of Rs.890 per equity share (including a share premium of Rs.880 per equity share) ("offer price") aggregating up to Rs. 450.00 crores (the "offer") comprising a fresh issue of up to 19,10,112 equity shares of face value Rs.10 each aggregating up to Rs. 170.00 crores by the company (the "fresh issue") and an offer for sale of up to 31,46,067 equity shares of face value Rs.10 each aggregating up to Rs. 280.00 crores by Sanjay Namdeo Salunkhe ("promoter selling shareholder") (the "offer for sale").
Opens On
Closes On
23-Sep-2025
25-Sep-2025
Application
Allotment
890.00
0.00
Minimum Application for shares in Nos : 16.0 Further Multiples of : 16.0
₹Cr
Lead Managers to the Issue
Project Cost (₹.Cr)
Project Financed through Current Offer (₹.Cr)
Post Issue Equity Share Capital (₹.Cr)
Issue Price (₹.Cr)
156.16
450.00
22.16
890.00
Motilal Oswal Investment Advisors Ltd
Nuvama Wealth Management Ltd
Systematix Corporate Services Ltd
- Marketing brand building and advertising activities
- Prepayment or scheduled re-payment of a portion of certain outstanding borrowings availed by the company
- General corporate purposes
- Sanjay Namdeo Salunkhe
- Balkrishna Namdeo Salunkhe
- Rajendra Namdeo Salunkhe
- BSE
- NSE
- Bigshare Services Pvt Ltd