Archive · 24 Sep 2025
Jaro Education IPO Oversubscribed on Second Day
Jaro Education, an educational institute, is selling shares to the public through an IPO to raise money.
The IPO aims to raise ₹450 crore.
The shares are priced between ₹846 and ₹890.
The IPO was 1.95 times oversubscribed on its second day.
A portion of the money will be used for marketing, paying off debt, and general company activities.
The company had already raised ₹135 crore from anchor investors.
The IPO includes a sale of existing shares worth ₹280 crore by the founder.
Jaro Education's IPO was subscribed 1.95 times on its second day.
The IPO aims to raise ₹450 crore.
The price band for the IPO is ₹846 to ₹890 per share.
The company secured ₹135 crore from anchor investors.
Funds from the IPO will go towards marketing, debt repayment, and corporate activities.
- Who
- Jaro Education
- What
- Initial Public Offering (IPO)
- When
- Concludes Thursday
- Where
- India
- Why
- Marketing, debt payment, and general corporate purposes
- Company
- Jaro Education
- IPO Size
- ₹450 crore
- Price Band
- ₹846 to ₹890 per share
- Subscription (Day 2)
- 1.95 times
- Anchor Investors
- ₹135 crore
- OFS
- ₹280 crore
Sources
Jaro Education IPO Receives 87% Subscription On First Day Of Share Sale
Jaro Institute IPO day 2: GMP, subscription status to review. Apply or not?
Jaro Institute IPO Day 2 LIVE: Issue subscribed 1.08x so far. Check GMP, review, subscription status, more.Apply or not?
Jain Resource Recycling’s Rs 1,250 Crore IPO subscribed 73% on Day 1
