Jaro Institute IPO Allotment Status: Check Latest GMP, Steps to Verify Status

Jaro Institute IPO closed yesterday on September 25, 2025 for public subscription. The allotment process is expected to be finalised today on Friday, September 26, 2025. The Jaro Institute IPO will be listed on the BSE and NSE, with a tentative listing date set for Tuesday, September 30, 2025.

Know the procedure to check the allotment status on NSE, BSE and registrar’s websites.

Steps to Check Jaro Institute IPO Allotment Status on NSE

Here is the process to check Jaro Institute on NSE:

• Open the Application Status page of NSE here. 
• Choose 'Equity & SME IPO bid details'. 
• Select 'JARO' from the list of companies. 
• Enter your IPO application number and PAN details. 
• Click on the submit button to check the details of the share allotment. 

Steps to Check Jaro Institute IPO Allotment Status on BSE 

Here is the process to check Jaro Institute IPO Allotment Status on BSE 

• Open the Application Status page of BSE here. 
• Choose 'equity' as the issue type. 
• Select 'Jaro Institute of Technology Management & Research Ltd’ from the list of companies. 
• Enter your IPO application number and PAN details. 
• Verify the captcha by clicking on the 'I am not a Robot' box. 
• Click on the submit button to check the details of the share allotment.

Steps to Check Jaro Institute IPO Allotment Status on Bigshare Services Pvt Ltd (Registrar to the issue)

Here is the process to check Jaro Institute IPO Allotment Status on the registrar’s website:

• Visit the Bigshare Services’ IPO allotment status page here. 
• Click any of the server links. 
• In Company Selection, select “Jaro Institute of Technology Management & Research Ltd”
• Enter any of the following details: 
• • Application Number, 
  • Beneficiary ID or 
  • PAN. 
• Enter the captcha and click “Search.”

Jaro Institute IPO Overall Subscription Status

(September 25, 2025, end of the day)

On Day 3, the Jaro Institute IPO was subscribed 23.20 times so far as per the NSE data. The public issue was subscribed to 9.15 times in the retail category, 37.19 times in QIB, and 37.32 times in the NII category.

Jaro Institute of Technology Management & Research - IPO Details

Jaro Institute IPO was a bookbuilding IPO with a total issue size of ₹450 crores. The issue was a combination a fresh issue of 0.19 crore shares, aggregating to ₹170 crore, and an offer for sale of 0.31 crore shares, aggregating to ₹ 280 crore. The issue price band was set at ₹846 - ₹890 per share. The minimum lot size of the issue was 16, with a minimum investment of ₹13,536. 

Nuvama Wealth Management Limited, Motilal Oswal Investment Advisors Limited and Systematix Corporate Services Limited were the book-running lead managers of the Jaro Institute IPO. At the same time, Bigshare Services Private Limited was the registrar for the issue.

Utilisation of Proceeds

The Company will utilise the net proceeds of the issue for the following purposes:

• Marketing, brand building and advertising activities.
• Prepayment or scheduled repayment of a portion of certain outstanding borrowings availed by the Company.
• General corporate purposes.

Jaro Institute GMP Details

According to InvestorGain, the Grey Market Premium (GMP) of Jaro Institute of Technology Management & Research stood at ₹73 as of September 26, 2025, 8 a.m. This indicates that the estimated listing price of the shares can be ₹963, based on the upper end of the price band at ₹890. The expected gain per share is 8.20%.

About Jaro Institute of Technology Management & Research

Jaro Institute of Technology Management & Research Ltd (Jaro Education) is an India-based edtech/higher-education company founded in 2009 by Dr Sanjay Salunkhe. It offers online, hybrid, and in-person degrees, as well as executive and certificate programmes in collaboration with partner institutions such as IITs, IIMs, and global schools.

It has a presence across 22 learning centres/offices in major Indian cities and over 17 immersive tech studios in IIM campuses. As of FY25, it offers 268 programs. In FY25, Jaro reported revenue of ₹252.26 crore and a profit of ₹51.67 crore.

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.

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