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Jaro Education, a leading online education provider in India, successfully raised Rs 115 crore in its pre-IPO round and plans an IPO to raise Rs 450 crore. Auto-published by Growwh – a smarter way to scale content and marketing. Want to know more? Chat with us. Strong Backing from Marquee Investors in Pre-IPO Funding The pre-IPO funding round of Rs 115 crore witnessed participation from well-known investment funds and family offices, underscoring strong market confidence in Jaro Education’s business model. Leading investors include: Sunil Singhania’s Abakkus Diversified Alfa Fund Madhu Kela’s Singularity Growth Opportunities Fund and Singularity Equity Fund Subhkam Ventures Family office of Polycab Utpal Sheth of Rare Enterprises Family office of Supreme Industries Deven Choksey This robust investor participation sets the stage for Jaro Education’s forthcoming Initial Public Offering (IPO), slated for late September 2025. Upcoming IPO Details: Rs 450 Crore to Fuel Expansion Jaro Education is preparing to raise Rs 450 crore through its IPO, which will open on September 23, 2025, and close on September 25, 2025. The issue comprises: A fresh issue of Rs 170 crore An offer for sale of Rs 280 crore The IPO price band is fixed between Rs 846 and Rs 890 per share, with a lot size of 16 shares, making the minimum bid approximately Rs 14,240. The shares will be simultaneously listed on India’s two major stock exchanges: the NSE (National Stock Exchange) and BSE (Bombay Stock Exchange). Financial Performance Highlights for FY25 Jaro Education has demonstrated strong financial performance for the fiscal year 2025 with: Net revenues of Rs 254.02 crore Profit After Tax (PAT) of Rs 51.67 crore Declared a dividend of 10% on a face value of Rs 10 per share Dr. Sanjay Salunkhe, Chairman and Managing Director of Jaro Education, leads the company’s vision to become a trusted enabler in online higher education across India. Utilization of IPO Proceeds The net proceeds from the fresh issue of Rs 170 crore will be strategically allocated to: Strengthen marketing, brand building, and advertising activities – Rs 81 crore Prepay or repay certain borrowings – Rs 48 crore Fund general corporate purposes – remaining amount Robust Strategic Partnerships Amplify Market Position Jaro Education has established itself as a trustworthy online education provider through strong collaborations with some of India’s most prestigious institutions. Their partner list includes: Seven Indian Institutes of Technology (IITs) Seven Indian Institutes of Management (IIMs) Over 22 leading universities, including: Symbiosis International University Amity University Manipal Academy of Higher Education Loyola College Welingkar Institute of Management Indian Institute of Science (IISc) These partnerships enhance Jaro Education’s course portfolio and reinforce its leadership in the online higher education sector. IPO Managed by Leading Investment Banks The forthcoming IPO is being managed by a strong consortium of reputed financial institutions: Nuvama Wealth Management Motilal Oswal Investment Advisors Systematix Corporate Services This expert team will guide Jaro Education through the IPO process, ensuring compliance, smooth execution, and successful market entry. Why Jaro Education’s IPO is a Key Milestone Jaro Education’s pre-IPO funding success and upcoming Rs 450 crore IPO mark a significant milestone in India’s burgeoning online education sector. With rising demand for flexible, accessible higher education options, the company is poised for accelerated growth backed by strong financials and elite institutional partnerships. For prospective investors, Jaro Education offers the potential to participate in shaping India’s future-ready education ecosystem by supporting a company committed to delivering quality online learning experiences. Source This article was auto-generated as part of a smart content campaign. Curious how we do it? Chat with us to learn more about our content automation systems.
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