Issue Open Date
|
23-Sep-25
|
Issue Closing Date
|
25-Sep-25
|
Application Money
|
100
|
Allotment Money
|
|
|
Price Band
|
846
-
890
|
Minimium Application No.
|
16
|
Issue Size (Shares)
|
5319148
|
Market Lot
|
1
|
|
|
Objective
|
The Net Proceeds are proposed to be utilised in the following manner:1. Marketing, brand building and advertising activities2. Prepayment or scheduled re-payment of a portion of certain outstanding borrowings availed by our Company3. General corporate purposes
|
|
|
|
Category
|
No. of Shares
|
No. of Shares
|
Subscription Ratio
|
|
Offered / Reserved |
Bid For |
|
Non-Institutional Investors
|
|
|
|
Qualified Institutional Buyers
|
|
|
|
Retail Individual Investors
|
|
|
|
|
|
|
Business Description
We are one of India’s leading online higher education and upskilling platform companies, in terms of EBIDTA, EBIDTA Margin, PAT and PAT Margin, Return on Equity ("ROE”) and Return on Capital Employed ("ROCE”) as of March 31, 2023 (Source: Technopak Report). Si
|
|
Promoter's Holding
|
Total Share Capital
|
|
Offered to Public
|
5319148
|
Promoter's Holding (Pre-Issue)
|
|
Promoter's Holding (Post-Issue)
|
|
|
MORE > |
|
|
|
|
|
Address |
11th Floor Vikas Centre Dr. C. G. Road Chembur (East)
Mumbai
,
Maharashtra
,
400074
Phone :
022-25205763
Email :
cs@jaro.in
Website :
www.jaroeducation.com
|
|
Registrar |
Bigshare Services Pvt Ltd
Club House Road Opp. Vasant Oasis Makwada Road Marol Andheri Mumbai
|
|
Listed at |
BSE, NSE
|
|
Lead Manager |
Motilal Oswal Investment Advisors Pvt Ltd Nuvama Wealth Management Ltd. Systematix Corporate Services Ltd.
|
|
Promoters |
Balkrishna Namdeo Salunkhe Sanjay Namdeo Salunkhe
|
|