The highest allocation of anchor shares was made to the five funds of Whiteoak Capital, including Whiteoak Capital Flexi Cap Fund (6.73%), Whiteoak Capital Mid Cap Fund (4.19%) and Whiteoak Capital Special Opportunities Fund (3.7%).
Some of the tent elements that participated in the anchor 360 One, Societe General, LC Pharos, Singularity Equity, Sunil Singhania’s Abbakus, Subhkam Ventures, Iti Mutual Fund, Universal Sompo, Viney Growth Fund, Citigrop Global Markets and Nomura.
Jaro Institute GMP
Shares of JARO Institute of Technology found a Gray Market Premium (GMP) of RS 111 or 12.5% per share compared to the issue price of RS 890. The estimated list price is RS 1001.
JARO Institute of Technology IPO
The company has set the issue -prize tire on RS 846 to RS 890 per share. It will be a mix of the issue of fresh shares worth RS 170 Crore and an offer for sale worth RS 280 Crore, where promoter Sanjay Namdeo Salunkhe will be the sales shareholder. The IPO closes on Thursday 25 September.
Nuvama Wealth Management, Motilal Oswal Investment Advisors and Systematix Corporate Services are BookRunning Lead Managers (BRLMS), while the Registrar of the Bigshare Services Private Limited will be.
Jaro Institute is an online company for higher education with a pan-India presence of more than 22 offices-cum learning centers in large cities. The company provided a total of 34 partner institutions, from March 31, 2025. Also read: JARO Institute IPO: RS 450 CR edition opens Tuesday, but Ed-Tech Peers shows mixed 1-year returns
(Disclaimer: recommendations, suggestions, views and opinions of the experts are their own. These do not represent the views of economic times)
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