The allotment for the Jaro Institute IPO will be finalised today. image: AI Show Quick Read Summary is AI Generated. Newsroom Reviewed

The initial public offer of Jaro Institute of Technology Management and Research Ltd. was subscribed 22.06 times on the last day of share sale on Thursday, helped by strong participation from Non-institutional buyers.

The Rs 450 crore IPO received bids for 8,21,31,312 shares against 37,23,404 shares on offer, as per BSE data.

The quota for Qualified Institutional Buyers (QIBs) was subscribed 35.35 times. The non-institutional investors part attracted 35.48 times subscription, and the Retail Individual Investors (RIIs) portion got subscribed 8.71 times.

The Jaro Institute IPO is a book build issue of Rs 450 crore. It comprises a fresh issue of 19 la

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