Jaro Institute of Technology Management and Research (Jaro Education) on Thursday said it is looking to raise Rs 450 crore through its Initial Public Offering (IPO), which will open for subscription on September 23. In a public announcement, the company said it has fixed a price band of Rs 846 to Rs 890 per share for its maiden public offering. The company's IPO --comprises a fresh issue of shares worth Rs 170 crore and an Offer for Sale (OFS) of shares valued Rs 280 crore by promoter Sanjay Namdeo Salunkhe -- is scheduled to conclude on September 25. Of the fresh issuance, Rs 81 crore has been earmarked for marketing, brand building and advertising activities, Rs 45 crore for payment of debt and the rest for general corporate purposes. Founded in 2009 by Salunkhe, Jaro Education offers degree programs and certification programs in collaboration with its partner institutions. As of March 2025, it has over 22 offices-cum-learning centres across major cities for offline learning, ap
Out of the 174 companies in the pipeline, 83 have received the green signal from the capital market regulator, the Securities and Exchange Board of India (Sebi), to raise approximately ₹1.21 trillion
Investors who applied for the TechD Cybersecurity IPO can check their allotment status online through the NSE or the registrar's website, Purva Sharegistry (India)
Three Unicorn startups - CARS24 Services Pvt., CarDekho and Spinny - that buy and sell pre-owned vehicles are in early talks with bankers to assess investor appetite
Unlisted shares of the Urban Company have been commanding a decent premium in the grey market ahead of their debut on the bourses, indicating a potentially favorable listing
The current grey market trends indicate a double-digit listing gain for the Shringar House of Mangalsutra IPO shares, scheduled to list on September 17
Investors who applied for the Airfloa Rail Technology IPO can check their allotment status online through the BSE or the registrar's website, KFin Technologies
Investors who have applied for the Dev Accelerator IPO can check the share allotment status on the official BSE or NSE websites, or on Kfin Technologies, the registrar for the issue
The International Finance Corporation is set to pocket hefty returns from Tata Capital's upcoming USD 2 billion (Rs 17,000 crore) initial public offering, as the World Bank Group arm looks to trim its stake in the non-banking finance company. The International Finance Corporation (IFC) will offload 3.58 crore shares in the offering, exiting part of an early bet on Tata Capital's cleantech business made in 2011, according to the updated draft red herring prospectus (DRHP). Tata Capital is likely to launch its USD 2 billion initial public offering (IPO) in the first half of October after the Reserve Bank of India (RBI) granted an extension to list its shares on bourses, people familiar with the matter said. Earlier, the non-banking finance company was given time till September 30 to list on stock exchanges. IFC, the World Bank Group's private sector arm, partnered with Tata Capital in 2011 to set up Tata Cleantech Capital Ltd (TCCL), with the mandate to finance renewable and sustaina
Over a dozen companies are gearing up to launch their IPOs over the next two to three weeks, aiming to raise nearly Rs 10,000 crore, buoyed by supportive policy measures, including GST 2.0 reforms, and the RBI's monetary policy easing through rate cuts. Among the firms preparing to tap the primary markets are iValue Infosolutions, Saatvik Green Energy, JinKushal Industries, Atlanta Electricals, Park Medi World, SolarWorld Energy Solutions, Jain Resource Recycling, CIEL HR Services, GK Energy, Ganesh Consumer Products, Anand Rathi Share and Stock Brokers, and Seshaasai Technologies, merchant bankers said. All these companies are expected to announce their price bands in the week beginning September 15 and plan to launch their IPOs before September 30, they added. Merchant bankers further indicated that this will be followed by offerings from Anantam Highway InvIT (Alpha Alternatives), Epack Prefab Technologies, Pranav Construction, and TruAlt Bioenergy. These firms are likely to ...
Next week IPO Calendar: In the mainline segment, two fresh public issues are scheduled to open, while three companies, whose initial share sales close today, are set to make their stock market debut
Urban Company IPO Day 3 update: Check price band, lot size, subscription status, grey market premium (GMP), review, allotment date, listing date, and other key details here
Analysts at Anand Rathi Research, and Master Capital Services have recommended subscribing to the Shringar House of Mangalsutra IPO from a long-term perspective
The financial services company, part of the Tata Group, could wrap up IPO roadshows this week and file a second draft red herring prospectus soon
According to the draft papers, Core Integra Consulting Services' public offering consists of an entirely fresh issue of 35,00,000 equity shares
Favorable sentiment was seen in the grey market as well, where Urban Company's unlisted shares were commanding a solid premium on the second day of subscription
Pharmaceutical company Cotec Healthcare Ltd has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The proposed IPO comprises a fresh issue of equity shares aggregating up to Rs 295 crore, along with an offer for sale (OFS) component of 60 lakh shares, according to the draft red herring prospectus (DRHP) filed on Thursday. Under the OFS, promoters Harsh Tiwari and Vandana Tiwari will offload 30 lakh equity shares each. The company proposes to utilise proceeds from the fresh issue worth Rs 226.25 crore for setting up anew project aimed at enhancing existing manufacturing capacities and facilitating the manufacture of new products. Besides, a portion of the proceeds will also used for general corporate purposes. Cotec Healthcare is a leading player in the contract development and manufacturing organization (CDMO) industry in India. Its CDMO offerings include formulation, loan licensing and commercial manufacturing of
Airfloa Rail Technology IPO opens today: Check price band, lot size, grey market premium (GMP), allotment date, listing date, other key details here
IPO-bound Tata Capital begins global and domestic roadshows at $18 bn valuation, with its cleantech loan book surging to ₹18,000 crore and green finance at the centre of its pitch
Favourable sentiment was also seen in the grey market, where the company's unlisted shares were commanding a solid premium on the first day of subscription