Jaro Institute of Technology Management & Research
January 1, 1970 – January 1, 1970
| Price | ₹0 - ₹0 |
| GMP Rumors * | ₹0 |
|---|---|
| Lot size | 0 |
| Allotment | - |
| Listing | - |
Jaro Institute of Technology Management & Research About
(AS PER DRHP)
IPO Details
| Total Issue Size | * shares (aggregating up to ₹570.00 Cr) |
| Fresh Issue | * shares (aggregating up to ₹170.00 Cr) |
| Offer For Sale | * shares (aggregating up to ₹400.00 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 2,02,29,895 shares |
Jaro Institute IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Offer size |
| Retail Shares Offered | Not less than 10% of the Offer |
| NII Shares Offered | Not less than 15% of the Offer |
Key Performance Indicator (KPI)
Adding soon.Company Financials (In ₹Crore)
| Period Ended | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| Assets | 201.76 | 175.75 | 130.71 |
| Total Income | 202.57 | 124.59 | 86.88 |
| Profit After Tax | 38.01 | 11.42 | 33.18 |
| Net Worth | 37.97 | 11.65 | 33.23 |
| Reserves and Surplus | 117.43 | 83.57 | 68.25 |
| Total Borrowing | 24.85 | 37.77 | 24.58 |
About Company
Incorporated in 2009, Jaro Institute of Technology Management and Research Limited (Jaro Education) is an online higher education company with a pan-India presence. The company operates:
- 22 offices-cum-learning centres across major cities for offline learning.
- 15 immersive tech studio set-ups located on IIM campuses.
As of March 31, 2024, Jaro Education has partnered with 34 institutions.
Partnerships
- The roster includes premier Indian and global institutions such as IITs, IIMs, Swiss School of Management, and Rotman School of Management, University of Toronto.
- Out of 34 partner institutions, 24 are ranked among the top 100 in their respective streams by NIRF 2024.
- Jaro Education has received recognition from Symbiosis International (Deemed University), IITs, and IIMs for providing support in:
- Technology and infrastructure for lecture delivery
- Marketing and promotion
- Student acquisition and support
Program Offerings
Degree Programs (with 13 Indian Universities; 9 ranked in NIRF Top 100, 2024):
- Doctor of Business Administration (DBA)
- Master of Business Administration (MBA)
- Master of Commerce (M.Com)
- Master of Arts (M.A.)
- Post Graduate Diploma in Management (PGDM)
- Master of Computer Applications (MCA)
- Bachelor of Commerce (B.Com)
- Bachelor of Computer Applications (BCA)
Certification Courses (21 Indian Institutes including 7 IIMs and 6 IITs; 2 ranked in NIRF Top 100, 2024):
- Management
- Fintech
- Data Science
- Business Analytics
- Design Thinking
- Digital Marketing
Marketing, brand building and advertising activities: 81.00 cr
Prepayment or scheduled re-payment of a portion of certain outstanding borrowings availed by the Company: 48.00 cr
General Corporate Purposes
Strength
Market Leadership with Strong Brand Presence: Since 2009, the company has established itself as an early mover in online higher education and upskilling, backed by top-tier university partnerships, a diversified portfolio, and customized delivery models, ensuring strong brand recognition and leadership in the sector.
Stable Revenue through Strong Client Relationships: Long-term collaborations with leading universities and institutions provide predictable revenue, global reach, and innovation in pedagogy, while also enhancing enrolments and revenue streams for partner institutions.
Diverse and High-Quality Offerings: With a proven track record in delivering both degree programs and certification courses ranging from short-term to long-term durations, the company caters to varied learner needs, ensuring flexibility and quality education delivery.
Weakness
Learner Retention and Acquisition Risk: The company’s growth depends on its ability to retain existing learners and attract new ones; failure to do so may adversely impact revenues and future prospects.
Dependence on Key Personnel: The business heavily relies on the leadership of its Chairman, senior management, and key employees; high attrition or inability to retain talent could negatively affect operations.
Reliance on Partner Institutions: Revenue is dependent on sharing agreements with partner institutions; any reduction in their revenue share could lower income and increase learner acquisition costs.
Jaro Institute of Technology Management & Research Lead Manager(s)
Jaro Institute of Technology Management & Research Address
11th Floor, Vikas Centre,
Dr. C.G. Road,
Chembur – East,
Mumbai, Maharashtra, 400074
Phone: 022 2520 5763
Email: cs@jaro.in
Website: https://www.jaroeducation.com/