Jaro Institute IPO opens today: Strong growth story makes it a compelling play for long term

Jaro Institute’s Rs 450 crore IPO opens on Tuesday. The price is Rs 846-890 per share. The IPO includes a fresh issue and an offer for sale. Funds will be used for marketing and debt repayment. Jaro partners with IITs, IIMs, and foreign institutions. Revenue and profit have grown significantly.