Jaro Institute IPO GMP Today: The initial public offering (IPO) of Jaro Institute Ltd, an online higher education and skilling platform, has been closed today, Thursday, September 25. The price has been fixed at Rs 846-890 per share. On the final day of bidding on Thursday, the Rs 450-crore IPO received a 23.20x subscription, garnering bids for 8,21,06,320 equity shares against 35,39,326 equity shares on offer.

The retail and NII participation stood at 9.15x and 37.32x, respectively. The QIB category was subscribed by 37.19x.

Jaro Institute IPO GMP Today

According to market observers, unlisted shares of Jaro Institute Ltd are currently trading at Rs 1,005 against the upper IPO price of Rs 890. It means a grey market premium or GMP of Rs 115, which is 12.92% over its issue price, indicat

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