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Jaro Institute of Technol. Mgt. and Research Ltd
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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
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Initial public offering of up to [*] equity shares of face value of Rs10 each ("equity shares") of Jaro Institute of Technology Management and Research Limited (the "company" or the "issuer") for cash at a price of Rs[*] per equity share (including a share premium of Rs[*] per equity share) ("offer price") aggregating up to Rs450.00 crores (the "offer") comprising a fresh issue of up to [*] equity shares of face value Rs10 each aggregating up to Rs170.00 crores by the company (the "fresh issue") and an offer for sale of up to [*] equity shares of face value Rs10 each aggregating up to Rs280.00 crores by Sanjay Namdeo Salunkhe ("promoter selling shareholder") (the "offer for sale").
Price Band: Rs846/- to Rs890/- for equity share of face value of Rs10 each.
The floor price is 84.60 times times the face value and cap price is 89.00 times of the face value of the equity shares.
Bids can made for a minimum of 16 equity shares and in multiples of 16 equity shares thereafter.
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Opens On
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Closes On
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Application
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Allotment
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23-Sep-25
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25-Sep-25
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Rs 846.00-890.00
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Rs 0.00-0.00
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Minimum Application for shares in Nos :16 Further
Multiples of :16
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(Rs Cr)
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Lead Managers to the Issue
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Project Cost
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0.00
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| Motilal Oswal Investment Advisors Ltd |
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Project Financed through Current Offer
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450.00
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Post Issue Equity Share Capital
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22.16
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Issue Price
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Rs 846.00
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