The Initial Public Offering of Jaro Institute of Technology Management and Research Limited was subscribed 1.95 times on the second day of bidding.

The issue received bids of 72,56,112 shares against the offered 37,23,404 equity shares, at a price band of ₹846 to ₹890, according to the data available on the stock exchanges.

Qualified Institutional Buyer Portion and Non-Institutional Investors Portion were subscribed 0.68 times and 3.49 times respectively, whereas Retail Portion was subscribed 2.02 times. The issue kicked off for subscription on Tuesday, September 23, 2025, and will close on Thursday, September 25, 2025. 

Nuvama Wealth Management Limited, Motilal Oswal Investment Advisors Limited and Systematix Corporate Services Limited are the book-running lead managers, and Bigshare Services Private Limited is the registrar to the offer.