30 Sep 2025 | 3 Mins Read
Jaro Institute IPO sees sharp decline: Stock listed at discounted rate
Flipitmoney
Jaro Institute of Technology Management and Research made its stock market debut with shares opening at Rs 773 on NSE, down 13.3% from the IPO price of Rs 890. The IPO, subscribed 22 times, included a Rs 450-crore issue with institutional investors booking 35 times each. Shares traded at a grey market premium of Rs 43 ahead of listing.