Jaro Institute of Technology Management & Research IPO(Jaro Institute IPO)

Jaro Institute of Technology Management and Research Limited, or Jaro Institute, will be conducting a Mainboard IPO from September 23 to September 25, 2025. The Jaro Institute IPO will comprise 50,56,179 shares to be offered to the market under a process of book-building. The issue will consist of approximately 19,10,112 fresh shares and approximately 31,46,067 offer for sale shares by the promoter, Sanjay Namdeo Salunkhe. Retail investors can apply for a minimum of 16 shares, which is nearly ₹14,240 at the upper price band. The allocation is as per the SEBI norms for the IPO, 35% is allocated to retail investors, 50% to qualified institutional buyers and 15% to non-institutional investors.

Company Background

Jaro Institute, which was established in 2009 by Dr Sanjay Salunkhe, is India's largest online executive education company that focuses on higher education and professionally certified courses. Jaro is the pioneer of online executive education in India and has recorded profitability since its inception. Jaro has more than 23 learning centres situated in various locations, including India, Singapore and the USA and has connections with over 36 partner institutions, including reputed universities such as IIM Ahmedabad, IIT Madras and other global leaders like MIT and Wharton. Jaro's objective is to educate working professionals and entrepreneurs in industry-relevant higher education, programmed in management, technology and techno-functional.

Operations & Product Range

Facility & Production

Jaro Institute provides education largely through online systems alongside in-person learning centres and tech studios, which are available in major Indian cities and some other countries. It has more than 268 courses offered through different subject fields, including certification, diplomas, degrees and short-form programs, through partnerships with well-known institutions. The processes use digital content creation, technology-based delivery and curriculum updates in response to market demand and technology advancements.

Brands & Market Presence

“Jaro Education” is the formal operating name of the Jaro Institute IPO’s company, which has a strong and recognised brand for quality online executive programs in India and internationally. The Jaro Institute has established formal partnerships with top institutes and universities, which provide credibility to increase reach. The brand offers industry-matched education that provides a measurable impact on learner careers and is used by over 3 lakh learners and corporate clients to support.

Revenue Channels

• ● Primary revenue is generated through tuition fees for all online education and certification programs.
• ● Corporate partnerships create revenue through customised executive training and employee reskilling programs.
• ● Licensing and joint course development with universities and institutes generates income as well.
• ● The remaining revenue comes from workshops, seminars and technology-based learning.

Management & Shareholding

Promoters & Shareholding

Dr Sanjay Salunkhe is the founder and promoter and owns a majority stake, while a professional management team takes care of day-to-day operations. The Jaro Institute IPO comprises a fresh issue to raise ₹170 crore and an offer for sale (OFS) from the promoter to monetise shares worth ₹280 crore. After the IPO, promoters will continue to hold enough shares to maintain substantial control.

Board Members

The board of Jaro Institute IPO comprises industry veterans and independent directors who have deep experience in education, technology and finance. The board provides appropriate strategic oversight and governance. The IPO is being handled by leading financial institutions, including Nuvama Wealth Management, Motilal Oswal and Systematix Corporate Services.