Jaro Institute IPO: Rs 450 cr issue opens Tuesday but ed-tech peers show mixed 1-yr returns

Jaro Institute’s Rs 450 crore IPO is set to open on Tuesday. The IPO shares are already commanding a premium in the grey market. Listed ed-tech peers show mixed performance, with returns ranging from -97% to 199%. The company has fixed the IPO price band at Rs 846 to Rs 890 per share.