Jaro Institute IPO GMP: Is This Investment Opportunity Right for You?
September 2025 has become an exciting month for stock market investors. Jaro Institute of Technology Management & Research, also known as Jaro Education, launched its ₹450 crore (approximately $1.5 billion) IPO. The response to the second day has been overwhelmingly positive, and the subscription numbers have created an optimistic atmosphere in the market. But the biggest question remains: should one invest in the Jaro Institute IPO, given its GMP and demand? Let’s understand in detail.
Jaro Institute IPO GMP Signals Positive Sentiment
The Jaro Education IPO was well subscribed as of Day 2. According to BSE data, the IPO was subscribed 1.10 times. This means bids were received for 40.94 lakh shares against the available 37.23 lakh shares. This is a strong sign of investor confidence in this offering. The retail quota is fully booked, and Non-Institutional Investors (NIIs) have also shown strong demand.
Most interestingly, the Jaro Institute IPO GMP is trading at a 13% premium. This grey market premium indicates that the share price is likely to see significant gains at the time of listing. This is a strong signal to investors that there is excitement in the market for the IPO.
Jaro Institute IPO Day 1 Response
From the outset, the IPO received mixed response on Day 1. The Jaro Institute IPO was 87% subscribed on the first day of public bidding. According to NSE data, bids were received for 3,241,168 shares on the first day, while the total offer was for 3,723,404 shares. Retail investors accounted for 69% of the subscription, while Qualified Institutional Buyers (QIBs) participated in 47% of the subscription. However, the response from non-institutional investors was quite strong, with a 1.82-fold subscription.
Based on this, market analysts believe the IPO’s momentum picked up after Day 1, achieving full subscription by Day 2.
IPO Size, Price Band, and Objectives
The total size of Jaro Institute IPO is ₹450 crore. Of this, a fresh issue of ₹170 crore has been kept, while an Offer for Sale (OFS) of ₹280 crore is coming from promoter Sanjay Namdeo Salunkhe. The company has fixed its price band at ₹846 to ₹890 per share, and the issue will remain open for investors till 25 September.
Jaro Education will spend the funds from the fresh issue on strengthening its brand, marketing campaigns and advertising. Approximately ₹81 crore has been allocated for this. Additionally, a portion of ₹45 crore will be used for debt repayment, while the remaining money will be invested for general corporate purposes.
Jaro Institute Education Business Model
Jaro Education was founded by Sanjay Namdeo Salunkhe in 2009. Today, the company has become a trusted name offering degree programs and certification courses, in collaboration with top Indian and international institutions.
By March 2025, the company plans to have 22 offices-cum-learning centers across major Indian cities. Additionally, 17 immersive tech studio setups have been created at top IIM campuses, providing students with a real-time learning experience. The company has 36 partner institutions, including IITs, IIMs, and international names such as the Swiss School of Management and the Rotman School of Management (University of Toronto).
With 268 course offerings, Jaro Education’s education ecosystem is diverse, catering to both students and professionals.
Lead Managers and IPO Back-End Support
Nuvama Wealth Management, Motilal Oswal Investment Advisors, and Systematix Corporate Services have been appointed as book-running lead managers to successfully bring this IPO to market. Bigshare Services is acting as the Registrar.
All these reputed names are helping the IPO effectively reach investors, resulting in positive subscription numbers and listing sentiment.
Should You Invest in the Jaro Institute IPO?
Now that we’ve understood the IPO‘s subscription details, GMP, and the company’s business model, the biggest question is: should we invest in it?
Market experts say that the positive premium for the Jaro Institute IPO GMP and the full subscription from retail investors reflect healthy demand. The growth potential of the education sector and Jaro’s strong institutional partnerships make this IPO even more attractive.
But, as with every investment, risks also exist. Market conditions, listing day sentiments, and long-term business execution will determine the IPO’s performance. If you are a retail investor investing with a medium- to long-term horizon, this IPO could be a promising bet.
Disclaimer:
The views and recommendations above are those of individual analysts or brokerage companies, not US News Weeks. We advise investors to check with certified experts before making any investment decisions.
Also Read
GK Energy IPO GMP Today: Subscription Status, Price Band & Should You Apply?