Mumbai, Sept. 24 -- The initial public offer of Jaro Institute of Technology Management and Research received bids for 72,54,336 shares as against 37,23,404 shares on offer, according to stock exchange data at 17:00 IST on Wednesday (24 September 2025). The issue was subscribed 1.95 times.

The issue opened for bidding on 23 September 2025 and it will close on 25 September 2025. The price band of the IPO is fixed between Rs 846 and 890 per share. An investor can bid for a minimum of 16 equity shares and in multiples thereof.

The IPO consists of a fresh issue of Rs 170 crore and an offer for sale of Rs 280 crore. The selling shareholders include Sanjay Namdeo Salunkhe, who will offload 3146067 equity shares at the upper price band, aggreg...