IPO Synopsis
| Jaro Institute of Technol. Mgt. and Research Ltd |
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| Registered Office: 11th Flr Vikas Centre Dr.C.G.,Road Chembur East,Mumbai-400074, Maharashtra |
| Tel. No: 022-2520 5763 |
| Fax No: NA |
| 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"). |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | |
| 23-Sep-2025 | 25-Sep-2025 | ₹890.00 - 0.00 | |
| Minimum Application for shares in Nos : 16.0 | Further Multiples of :16.0 |
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| (₹ Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 156.16 | Motilal Oswal Investment Advisors Ltd |
| Project Financed through Current Offer | 450.00 | Nuvama Wealth Management Ltd |
| Post Issue Equity Share Capital | 22.16 | Systematix Corporate Services Ltd |
| Issue Price | 890.00 |
| Projects |
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| Promoted By |
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| Sanjay Namdeo Salunkhe |
| Balkrishna Namdeo Salunkhe |
| Rajendra Namdeo Salunkhe |
| Listing At |
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| BSE |
| NSE |
| Registrar To The Issue |
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