Jaro Institute of Technol. Mgt. and Research Ltd Company Summary

Jaro Institute of Technol. Mgt. and Research Ltd Summary

Jaro Institute of Technology Management and Research Limited was originally incorporated as a Private Limited Company under the name of Jaro Institute of Technology Management and Research Private Limited on July 9, 2009, issued by the Registrar of Companies, at Mumbai. Thereafter, Company converted into a Public Limited Company and the name was changed to Jaro Institute of Technology Management and Research Limited, and a fresh Certificate of Incorporation upon the Conversion was issued by the RoC on August 12, 2017. Since the establishment of business in 2009 by Sanjay Namdeo Salunkhe, a first-generation entrepreneur with over 17 yearsof experience in the education sector, the Company has been a pioneer in the online higher education and Learning Management System. At present, it is mainly engaged in facilitating student enrollments and program management services pertaining to the educational courses and degrees offered by the universities/institutes. Partner Institutions include IITs, IIMs and premier global institutions such as Swiss School of Management and Rotman School of Management, University of Toronto, and top corporates, out of which 24 institutions have earned the distinction of being ranked among the top 100 partners in their respective streams by NIRF. The Company has established a robust learning ecosystem for the Learners, through online LMSs, on-campus and off campus immersive studios, technology training and orientation, dedicated Learner support and personalized career counselling and guidance. The counselling approach and admission services enable Partner Institutions to focus on the academic content of their courses and programs, instead of facilitating direct admissions. The Partner Institutions are responsible for the academic content of their programs, faculty appointments, providing lectures, determining Learner capacity, granting degrees, and making decisions regarding Learner admission and registration criteria.Apart from this, the Company interact regularly with Learners to ensure modification in programs based on the participants feedback. The counselling approach is designed to facilitate course fitment for Learners. Through collaborations with Partner Institutions, it provide practical and industry-relevant skills that have integrated into the curriculum, and educational programs stay updated with real-time industry trends and requirements and are aligned with current market demands, to enhance the employability and marketability of skills of the Learners.The Company is planning to raise money from public through Initial Offer aggregating upto Rs 570 Crore Equity Shares, comprising a Fresh Issue upto Rs 170 Crore and Rs 400 Crore Equity Shares through Offer for Sale.