Jaro Institute
Listing performance
Scheduled dates
Tentative timetable — a past date is not confirmation the step completed
Grey market premium
Unofficial and indicative — not a forecast
3 observations recorded — too few to plot a trend.
Day-wise premium · 3 observations
| Date | GMP | % | Sauda | Est. listing | Gain / lot |
|---|---|---|---|---|---|
| 30 Sept 2025 | ₹43 | +4.83% | ₹500 | ₹933 | ₹688 |
| 29 Sept 2025 | ₹43 | +4.83% | ₹500 | ₹933 | ₹688 |
| 28 Sept 2025 | ₹45 | +5.06% | ₹500 | ₹935 | ₹720 |
Gain per lot assumes the premium holds to listing and that the application is allotted — allotment in an oversubscribed issue is a lottery, so it is indicative, not expected. Sauda is the rate paid for a submitted application itself.
Issue details
- Listing date
- 30 Sept 2025
- Face value
- ₹10 per share
- Issue price
- ₹890 per share
- Lot size
- 16 shares
- Total issue size
- ₹450 Cr
- Market cap at offer price
- ₹1,972 Cr
- Promoter holding
- 78.28% → 57.32% pre-issue → post-issue
- ISIN
- INE00YJ01010
- Registrar
- Bigshare Services Pvt.Ltd.
- Lead managers
- Nuvama Wealth Management Ltd.
- Registered office
- 11th Floor, Vikas Centre, Dr.C.G.Road, Chembur-East, Maharashtra
Reservation and application size
How the issue is split between investor categories, and what each may bid
| Investor category | Shares | % of net | % of total |
|---|---|---|---|
| Anchor investor · within QIB | 15,16,853 | — | — |
| Market maker | 0 | — | — |
Application size
Minimum 16 shares per lot, in multiples, at ₹890
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 16 | ₹14,240 |
| Retail (max) | 14 | 224 | ₹1,99,360 |
| S-HNI (min) | 15 | 240 | ₹2,13,600 |
| S-HNI (max) | 70 | 1,120 | ₹9,96,800 |
| B-HNI (min) | 71 | 1,136 | ₹10,11,040 |
Category limits
| Category | Bid size | Cut-off |
|---|---|---|
| Retail (RII) | Up to ₹2 lakh | Yes |
| Small HNI (sNII) | ₹2 lakh – ₹10 lakh | No |
| Big HNI (bNII) | Above ₹10 lakh | No |
| Employee | Up to ₹5 lakh | Yes |
Bidding at cut-off means accepting the final issue price without naming one. Only retail and employee applicants may do so.
Anchor investors
Institutional allocation placed a day before the issue opens, carved out of the QIB portion and locked in after listing.
Valuation and performance
Valuation at offer price
₹890 per share
| Metric | Pre-issue | Post-issue |
|---|---|---|
| EPS (₹) | 25.52 | 23.32 |
| P/E (×) | 34.87 | 38.16 |
| Price to book (×) | 10.50 | — |
| Market cap | — | ₹1,972 Cr |
Key performance indicators
Latest reported period
- Return on net worth
- 30.12%
- ROCE
- 37.38%
- Debt / equity
- 0.30
- PAT margin
- 20.34%
- EBITDA margin
- 33.13%
- NAV per share
- ₹84.77
- Price to book
- 10.50
Single period as reported. Year-on-year movement is in the financials table below, where every period is published.