Jaro Institute IPO allotment status OUT: Edtech company Jaro Institute of Technology Management & Research Ltd. initial public offer garnered 22.06 times subscription on the closing day of bidding on Thursday. The IPO received bids for 8,21,31,312 shares in three days against 37,23,404 shares on offer, according to NSE data. The Qualified Institutional Buyers' (QIBs) portion got subscribed 35.35 times and the category for non-institutional investors received 35.48 times subscription. The Retail Individual Investors' category was booked 8.71 times.

About Jaro Institute IPO Jaro Institute IPO is a book build issue of Rs 450.00 crores. The issue is a combination of fresh issue of 0.19 crore shares aggregating to Rs 170.00 crores and offer for sale of 0.31 crore shares aggregating to

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