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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
Opens On Closes On
23-Sep-25 25-Sep-25
Money Payable On
Application Allotment
890.00 0.00
Minimum Application for shares in Nos : 16 Further Multiples of : 16
(.Cr) Lead Managers to the Issue
Project Cost (.Cr) 156.16 Motilal Oswal Investment Advisors Ltd
Project Financed through Current Offer (.Cr) 450.00  
Post Issue Equity Share Capital (.Cr) 22.16
Issue Price () 890.00
Projects
Marketing brand building and advertising activities
Prepayment or scheduled re-payment of a portion of certain outstanding borrowings availed by the company
General corporate purposes
Promoted By
Sanjay Namdeo Salunkhe
Balkrishna Namdeo Salunkhe
Rajendra Namdeo Salunkhe
Listing At
BSE
NSE
Registrar to the Issue
Bigshare Services Pvt Ltd
Top
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