If you have applied for the Jaro Institute IPO, which opened on September 23 and closed on September 25, your wait is nearly over. The allotment of shares is expected to be finalised today, September 26, while the listing is scheduled for September 30.

The price band for the IPO was set at Rs 846 to Rs 890.

Here’s a quick and easy guide to check your IPO allotment status online.

How to check IPO allotment status

Via BSE Website

  • Go to the BSE IPO allotment status page.
  • Select ‘Equity’ as the issue type.
  • From the dropdown, choose ‘Jaro Institute’.
  • Enter your application number or PAN.
  • Complete the captcha by ticking ‘I’m not a robot’ and click on Search.
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Via NSE Website

  • Visit the NSE IPO application tracking page.
  • Then, click on ‘Equity and SME IPO Bid Details’.Select ‘Jaro Institute’ from the list.
  • Provide the details such as your application number and PAN.
  • Submit to view your allotment status.

Via the Registrar’s Website

  • Go to the official site of the registrar Bigshare Services.
  • Select ‘Jaro Institute’ from the dropdown.
  • Choose any of the following: PAN, Application Number, DP ID/Client ID, or Bank Account Number.
  • Fill in the necessary details and press Search to check your status.

Subscription snapshot

The Jaro Institute IPO by the end of the bidding window, the overall subscription stood at 23.20 times.

Qualified Institutional Buyers (QIBs): 37.19 times

Non-Institutional Investors (NIIs): 37.32 times

Retail Investors: 9.15 times

Grey Market

The grey market premium (GMP) for Jaro Institute IPO is currently around Rs 73, suggesting a likely listing price of Rs 963. This translates to a potential gain of around 8% from the upper end of the price band. However, GMP is unofficial and may not always reflect actual listing performance.

IPO details

The public issue of Jaro Institute was open for subscription from September 23 to September 26, with the company aiming to raise Rs 450 crore through the initial public offering. The price band for the issue was fixed between Rs 846 and Rs 890 per share.

The issue is being managed by Nuvama Wealth Management, while Bigshare Services is acting as the registrar. Once the allotment process is completed, the shares are scheduled to be listed on NSE, BSE on September 30.