Mumbai-based edtech company Jaro Education, officially known as Jaro Institute of Technology Management and Research, is set to open its Initial Public Offering (IPO) for public subscription on September 23, 2025. The IPO aims to raise ₹450 crore (approximately $50 million) and marks a significant step in the company’s expansion and growth strategy within India’s booming education technology sector.
IPO Breakdown: Fresh Issue and Offer for Sale
The IPO consists of two key components:
- Fresh issue of equity shares worth ₹170 crore ($19.2 million)
- Offer for Sale (OFS) of shares worth ₹280 crore ($31.7 million) by founder Sanjay Namdeo Salunkhe
The proceeds from the fresh issue will be used to fund business expansion, enhance technological infrastructure, invest in marketing and brand-building initiatives, and explore potential acquisitions. Meanwhile, the Offer for Sale will allow the founder to partially exit and unlock value from his long-standing investment in the company.
About Jaro Education
Founded in 2009, Jaro Education has carved out a strong niche in India’s competitive edtech landscape. The company specializes in offering a wide range of online and hybrid learning programs, including degree, diploma, and certification courses, in collaboration with leading Indian and international universities.
Jaro partners with top-tier institutions like IIMs, IITs, Symbiosis, and foreign universities to deliver industry-relevant programs in management, data science, technology, finance, and healthcare. The company serves a broad audience ranging from students to working professionals looking to upskill or pursue executive education.
With over 3 lakh (300,000+) students enrolled since inception, Jaro has built a reputation for quality education delivery and strong placement support. It operates across major Indian cities with both online and offline touchpoints, and continues to scale its digital presence rapidly.
Market Outlook: India’s Edtech Sector Poised for Growth
India’s edtech sector has witnessed exponential growth, especially after the COVID-19 pandemic accelerated digital adoption in education. The market is projected to reach $10 billion by 2027, driven by increasing internet penetration, growing demand for flexible learning, and government initiatives to promote digital education.
Jaro’s IPO comes at a time when investor sentiment toward education technology is regaining momentum. Several players in the space are looking to go public or raise fresh funding as they mature and consolidate.
Investor Considerations
The Jaro Education IPO offers investors an opportunity to gain exposure to one of India’s more established and profitable edtech platforms. Key strengths include:
- Established brand with proven track record
- Strategic academic partnerships
- Scalable digital-first business model
- Experienced leadership team
Investors should, however, consider the competitive landscape, regulatory risks, and the company’s ability to maintain growth and profitability in a post-pandemic market.
Conclusion
The upcoming Jaro Education IPO is a significant event in India’s edtech and capital markets landscape. With a ₹450 crore target and solid growth fundamentals, the public listing is expected to attract both institutional and retail investor interest. Mark your calendars for September 23, 2025, as Jaro steps into the next chapter of its growth story.
