Business Standard

Jaro Institute of Technol. Mgt. and Research Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

- cr

Price Range (₹)

0

Lot Size

-

Min Investment (₹)

-

Listing Exchange

MumbaiNSE

Open Date

-

Close Date

-

Listing Date

-

Latest IPO News

    Jaro Institute of Technol. Mgt. and Research Ltd IPO Details

    Initial public offering of up to [*] equity shares of face value of Rs.10 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 Rs.570 crores (the offer) comprising a fresh issue of up to [*] equity shares of face value Rs.10 each aggregating up to Rs.170 crores by the company (the fresh issue) and an offer for sale of up to [*] equity shares of face value Rs.10 each aggregating up to Rs.400 crores by Sanjay Namdeo Salunkhe (promoter selling shareholder) (the offer for sale). The price band and the minimum bid lot will be decided by the company, in consultation with the brlms.

    Objective of issue

    Marketing brand building and advertising activities. Prepayment or scheduled re-payment of a portion of certain outstanding availed by the company. General corporate purposes.

    Jaro Institute of Technol. Mgt. and Research Ltd Contact Details

    Jaro Institute of Technol. Mgt. and Research Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

    Phone - 91-22-62638200

    Fax - 91-22-63638299

    Email - cs@jaro.in

    Website - www.jaroeducation.com