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Operates in the Education-Edtech sector, which is expected to grow at a 25.7% CAGR, and from 13,200 crores in Fiscal 2023 to 41,500 crores in Fiscal 2028.
Driven by strategic partnerships with top-tier universities, a diverse portfolio of degree and certification programs, high course completion rates, and an asset-light model that enables scalable online education and professional upskilling.
| Revenue | ₹199.05 cr | ₹252.26 cr (+26.73%) | |
| PAT | ₹37.97 cr | ₹51.66 cr (+36.05%) | |
| PAT Margin | 19.08 % | 20.48 % (+7.34%) | |
| EBITDA | ₹63.56 cr | ₹83.57 cr (+31.48%) | |
| EBITDA Margin | 31.93 % | 33.13 % (+3.76%) | |
| ROE | 32.33 % | 30.12 % (-6.84%) | |
| ROCE | 40.90 % | 37.28 % (-8.85%) | |
| D/E | 0.21 | 0.30 (+42.86%) |
Businesses across online degree programs, short-term certification courses, corporate learning solutions, and international collaborations, catering to both individual learners and organisations seeking professional upskilling.
PE Ratio: 38.17x Average Sector PE Ratio: 40.55x
| QIB Shares Offered: | 2528089 |
| - Anchor Investor Shares Offered: | 1516853 |
| − QIB (Ex. Anchor) Shares Offered : | 1011236 |
| NII (HNI) Shares Offered: | 758427 |
| - bNII > ₹10L: | 505618 |
| - sNII < ₹10L: | 252809 |
| Retail Shares Offered: | 1769663 |
| Total Shares Offered: | 5056179 |
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 16 | ₹14240 |
| Retail (Max) | 16 | 224 | ₹199360 |
| S-HNI (Min) | 15 | 240 | ₹213600 |
| S-HNI (Max) | 70 | 1120 | ₹996800 |
| B-HNI (Min) | 71 | 1136 | ₹1011040 |
Avg IPO Size (Sector Based):
₹ 383.70 cr.
Average Sector PE Ratio:
40.55 X
Listing Price:
₹ 890.00
Jaro Institute Of Technology Management And Research is one of India's leading online higher education and upskilling platform companies, in terms of EBIDTA, EBIDTA Margin, PAT and PAT Margin, Return on Equity (ROE) and Return on Capital Employed (ROCE) as of March 31, 2023. Since the establishment of their business in 2009 by Sanjay Namdeo Salunkhe, a first-generation entrepreneur and their Chairman and Managing Director with over 17 years of experience in the education sector, Jaro Institute Of Technology Management And Research have been one of the early movers in the online higher education and upskilling space. Despite being an entirely bootstrapped institution, company has achieved strong EBIDTA due to 15 years of in-depth understanding of the online higher education and upskilling sector. Jaro Institute Of Technology Management And Research leverage the expertise of proficient senior management team with extensive experience in online higher education and upskilling, led by Sanjay Namdeo Salunkhe, Chairman and Managing Director, Ranjita Raman, their Chief Executive Officer and Whole-time Director, to enable Indian and foreign institutions and universities, as well as corporates whom company serve (collectively, Partner Institutions), to expand their addressable markets while providing rich educational engagement, experiences and outcomes to their Learners.
Systematix Corporate Services Limited, based in Gwalior is the Lead Manager (BRLM) of Jaro Institute IPO. Systematix Corporate Services Limited has handled (17) SME IPOs till date of which (76%) of the SME IPOs have been listed with listing gains. Read full review of Systematix Corporate Services Limited .
Motilal Oswal Investment Advisors Limited, based in Mumbai is the Lead Manager (BRLM) of Jaro Institute IPO. Motilal Oswal Investment Advisors Limited has handled (17) SME IPOs till date of which (76%) of the SME IPOs have been listed with listing gains. Read full review of Motilal Oswal Investment Advisors Limited .
Nuvama Wealth Management Limited, based in Mumbai is the Lead Manager (BRLM) of Jaro Institute IPO. Nuvama Wealth Management Limited has handled (17) SME IPOs till date of which (76%) of the SME IPOs have been listed with listing gains. Read full review of Nuvama Wealth Management Limited .
Jaro Institute Of Technology Management And Research IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Jaro Institute Of Technology Management And Research Financial Review Page
Merchant Banker(s) of Jaro Institute Of Technology Management And Research IPO: Systematix Corporate Services Limited , Motilal Oswal Investment Advisors Limited , Nuvama Wealth Management Limited
Jaro Institute Of Technology Management And Research IPO subscription was 23.20 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Jaro Institute Of Technology Management And Research IPO listed at a listing price of 890.00 against the offer price of 890.00.
The current market price of Jaro Institute Of Technology Management And Research is 678.35.
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