The company’s one-month lock-in ended on October 27, 2025, with 8 lakh shares or 3% of the outstanding equity worth ₹53.37 crore had become eligible to be traded.
It must be noted that the end of the shareholder lock-in period does not mean all the shares will be sold in the open market, but they only become eligible to be traded.
Jaro Institute shares listed on the stock exchanges on September 30, 2025, exactly at their issue price of ₹890 apiece. However, the stock declined 18% soon after.
The ₹450 crore initial public offering (IPO) comprised a ₹170 crore fresh issue of shares and the remaining ₹280 crore offer for sale (OFS) component. The three-day IPO was subscribed 22 times the number of shares on offer, as per NSE data.
The proceeds raised via the fresh use to be used for marketing, brand building and advertising activity (₹81 crore), pre-payment or scheduled repayment of a portion of certain outstanding borrowings availed by the firm (₹45 crore) and for general corporate purposes.
The stock was down 4.9% at ₹513.5 apiece around 11 AM. It has declined 43% so far from its issue price.
Also Read: Zepto to file confidential IPO papers today — All you need to know
