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Jaro Institute IPO: The initial public offering (IPO) of Jaro Institute of Technology Management and Research Limited closed for subscription on September 25. The issue was subscribed 22.06 times overall, according to the provisional exchange data. 

The basis of allotment is expected to be finalised today, September 26, followed by the credit of shares to the respective demat accounts of successful bidders.

Investors who have applied to the Jaro Institute IPO can check their allotment status on the websites of BSE, NSE, or the issue registrar, Bigshare Services.

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Here's a step-by-step guide on how you can check your allotment status:

1) Visit the BSE website

2) Select 'Equity' as the issue type

3) Choose 'Jaro Institute of Technology Management & Research'

4) Enter your application number or PAN

5) Click search

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1) Go to the NSE website

2) Click on 'Equity and SME IPO Bid Details'

3) Select 'Jaro Institute of Technology Management & Research'

4) Enter your PAN and application number

5) Click submit

1) Visit Bigshare Services website

2) Select 'Jaro Institute of Technology Management & Research' from the dropdown menu

3) Enter your PAN or application number

4) Click submit

Jaro Institute IPO received an overall bid for 8.21 crore shares against the total of 37.23 lakh shares on offer. The IPO is a book-built issue of Rs 450 crore, comprising a fresh issue of Rs 170 crore and an offer for sale (OFS) of Rs 280 crore. 

Price band: Rs 846 to Rs 890 per equity share

Subscription period: September 23 to September 25

Minimum investment: Rs 14,240 for 16 shares based on the upper price band

Listing date: September 30, 2025, on BSE and NSE

Established in 2009, Jaro Institute of Technology Management and Research is an online higher education and upskilling platform company based in India. The company reported a revenue of Rs 252.26 crore in FY25 and a profit of Rs 51.67 crore.

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Currently working as a trainee Sub-Editor at Zee Business, Shristi Rani is passionate about storytelling and delivering content that engages diverse audiences across digital platforms.

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