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IPO

IPO Synopsis
Jaro Institute of Technol. Mgt. and Research Ltd
Registered Office: 11th Flr Vikas Centre Dr.C.G.,Road Chembur East , Mumbai - 400074 , Maharashtra , India.
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").

Issue Money Payable On
Opens On Closes On Application Allotment
23-Sep-25 25-Sep-25 Rs890.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :16  Further Multiples of :16

  Rs Cr Lead Managers to the Issue
Project Cost 156.16
Motilal Oswal Investment Advisors Ltd
Project Financed through Current Offer 450.00  
Post Issue Equity Share Capital 22.16  
Issue Price Rs890.00  
 
Projects
Marketing brand building and advertising activitiesGeneral corporate purposes
Prepayment or scheduled re-payment of a portion of certain outstanding borrowings availed by the company
Promoted By
Sanjay Namdeo Salunkhe
Balkrishna Namdeo Salunkhe
Rajendra Namdeo Salunkhe
Listing At
BSE 
NSE 
Registrar to the Issue
Bigshare Services Pvt Ltd