Unlisted Zone
Cochin International Airport Limited Unlisted Shares
Blog
5 hours ago

Blossom Industries Limited Unlisted share
Financial update
6 hours ago

Financials of Blossom Industries Limited Unlisted share are updated for 2024

Blossom Industries Limited Unlisted share
Financial update
7 hours ago

Financials of Blossom Industries Limited Unlisted share are updated for 2023

View All
Unlisted Zone
  • All Unlisted Shares
  • DRHP-Filed
  • Become Our Partner
  • Screener
  • Media Coverage
  • Raise Funding New
  • Contact Us
  • All Unlisted Shares
  • DRHP-Filed
  • Become Our Partner
  • Screener
  • Media Coverage
  • Raise Funding New
  • Contact Us
  • Sign In
Sign In
  1. Home
  2. Shares
  3. Jaro Education
J

Jaro Education

7.5K

₹ 975 0.00 (0.00) 1 M

#myChart { width: 100%; height: 100%; margin: 0; padding: 0; }
About Jaro Education

Introduction

Jaro Education, established in 2009 and headquartered in Mumbai, is a prominent player in the online higher education and upskilling sector in India. The company specializes in providing online degree and certification programs from prestigious institutions like IIMs, IITs, and other top 100 NIRF ranked institutions. Jaro Education operates with a business intelligence-led approach, delivering programs across various domains and industry verticals.

Company Overview

  • Incorporation and Workforce: Jaro Education was incorporated in 2009 and has its headquarters in Mumbai. The company boasts a workforce of 775 employees and operates 19 offices across India.
  • Program Offerings: Jaro Education offers a range of online degree and certification programs in partnership with leading institutes worldwide. These programs cater to various levels, from entry to C-suite, and cover a wide array of domains and industry verticals.
  • Financial Health: The company has demonstrated robust profitability with self-funded growth. BDO has been the auditor since FY20. Jaro Education was the recipient of the Edtech Leadership Award 2022 by the World HRD Congress.

Academic Partnerships and Services

  • Academic Partners: Jaro Education partners with 28 academic institutions, including 17 IIMs, IITs, and global partners. The partnerships include both degree and certification programs.
  • Service Portfolio: The company provides comprehensive services encompassing business intelligence and program positioning, marketing and distribution, learning delivery, student support and retention, and alumni connect platforms.

Financial Performance

  • Revenue and Enrollments: In FY23, Jaro Education achieved net revenue of INR 3,182 million with 21,579 enrollments. The company has shown significant growth in enrollments driven by performance marketing, DB leads, and organic growth.
  • Learner Profile: The majority of learners have a background in engineering (BE/B.Tech) and business (B.Com/BBA), with a significant proportion of freshers and professionals with up to 10 years of work experience.

Business Model and Revenue Streams

  • Business Model: Jaro Education provides business intelligence, marketing, IT, LMS, and back-office support to partner institutions. The company has a feedback loop mechanism to tailor programs based on industry demand and workforce upskilling requirements.
  • Revenue Model: The company follows a revenue-sharing model with institutions, typically starting at 40% and increasing with higher enrollments. The revenue split is 83% for degrees and 17% for certifications, with certifications offering higher margins.

Future Growth Prospects

  • Scalable Model: With a workforce of over 950, Jaro Education's business model is scalable. The company plans to utilize IPO proceeds over three years, focusing on marketing new programs and adding a freemium model.
  • Financial Projections: Revenue is projected to grow from INR 1,232 million in FY23 to INR 3,500 million in FY25, with EBITDA margins expected to increase from 17.9% to 34.3%.

Management and Leadership

  • Experienced Leadership: The company is led by Dr. Sanjay Salunkhe, the founder, with a doctorate degree. The CEO, Ranjita Raman, is an IIM Ahmedabad alumnus with 16+ years of experience. The core team has worked together for over a decade, ensuring stability and continuity in leadership.

Key Partnerships and Programs

  • Executive Programs: Jaro Education has tie-ups with prestigious institutions like IIM Ahmedabad, IIM Trichy, IIT Delhi, and global institutions like MIT Sloan and Wharton. These programs have high enrollments and cater to various professional levels.
  • Degree Programs: The company also partners with leading universities like Welingkar Institute, Manipal University, and Symbiosis International University, providing a diverse range of degree programs.

Competitive Position and Market Analysis

  • Market Position: Jaro Education is well-positioned in the higher education space, offering customized solutions and leveraging marquee academic partnerships. The company’s robust operational metrics and experienced leadership make it an attractive investment proposition.
  • Relative Valuation: Compared to peers like Veranda and Law Sikho, Jaro Education has a strong financial position with higher profitability and growth potential.

Conclusion

Jaro Education stands out in the online higher education sector with its comprehensive program offerings, strong academic partnerships, and scalable business model. The company's focus on business intelligence, marketing, and learner support, coupled with its experienced leadership, positions it well for future growth and success in the education industry.

... Read more

Fundamentals

Jaro Education Price
₹ 975
Per Equity Share
Lot Size
100 Shares
52 Week High
₹ 975
52 Week Low
₹ 975
Depository
NSDL & CDSL
PAN Number
AACCJ2107Q
ISIN Number
INE00YJ01010
CIN
U80301MH2009PLC193957
RTA
Bigshare Services
Market Cap (in cr.)
₹ 1462.5
P/E Ratio
38.49
P/B Ratio
11.52
Debt to Equity
0.21
ROE (%)
32.48
Book Value
84.67
Face Value
10
Total Shares
15000000
Jaro Education

₹975


Jaro Education

*Best In Industry


Create Alert
unlisted-share-valuations unlisted-risk-meter

Financials (Figures in cr)

Reach Out To Us

Dont be shy, just tell us about yourself and we’ll figure out the best option for you and your project. Don’t like filling up forms? Mail us then partners@unlistedzone.com

Have an account.   Login Here      ||      SignUp Here    Don't have account.

Frequently Asked Questions

Find answers to common questions that you may have in your mind.

Please find below the procedure for buying Jaro Education at UnlistedZone.

  1. 1. You confirm booking of Jaro Education Unlisted Shares with us at a trading price.

  2. 2. You provide your client master report (ask the broker if not available) along with PAN Card and Cancelled Cheque in case you are not transferring funds from the bank account as mentioned in the CMR Copy. These are KYC documents required as per SEBI regulations.
  3.  
  4. 3. We Will Provide the Bank details. You need to transfer funds to that account.

  5. 4. Payment has to be done in RTGS/NEFT/IMPS CHEQUE TRANSFER. No CASH DEPOSIT.

  6. 5. Payment has to be done from the same account in which shares are to be credited.

  7. We will transfer the shares in 24 hours if funds are credited before 2 pm. Important

    Note: Please note that the lock-in period for selling Jaro Education Unlisted Shares is 6 months after listing. Hence, you can’t sell Jaro Education Unlisted Shares which you bought in Pre-IPO for 6 months after its listing. i.e., You can sell it only after 6 months calculated from the listing date. For any queries, please contact us at sales@unlistedzone.com

Please find below the procedure for selling Jaro Education at UnlistedZone.


  1. 1. We will confirm our buying price of Jaro Education.

  2. 2. We will give you our client master report and you will transfer Jaro Education to our demat account.

  3. 3. We will ask for your bank details once Jaro Education are received in our demat account.

  4. 4. We will transfer the funds to your bank account within 24 hrs of receiving Jaro Education.

  5. 5. Payment will be made in RTGS / NEFT / CHEQUE TRANSFER/IMPS. No CASH DEPOSIT.

  6. 6. Payment will be given in the same account which is linked to the demat account or you need to provide the cancelled cheque showing your name to verify. As per SEBI regulations, the transfer of funds to a third-party account is not legal and our policy refrains us from doing so.

    Note:
    The price at which we are buying is fixed for 3 days. If you can't sell your stock within 3 days, then the price of that day will be applicable when we receive the shares in our demat.

The lock-in period for Jaro Education varies depending on the category of investors:

  1. 1. For Venture Capital Funds or Foreign Venture Capital Investors, there is a lock-in period of 6 months from the date of acquisition of Jaro Education.

  2. 2. For AIF-II (Alternative Investment Funds - Category II), there is no lock-in period.

  3. 3. For other types of investors, which include Retail Investors, High Net-worth Individuals (HNIs), or Body Corporates, the lock-in period is 6 months from the date of the IPO listing of Jaro Education.

This regulation was introduced by SEBI in August 2021. The rule change, which reduced the lock-in period from one year to six months, was aimed at encouraging more investments in startups that are preparing for public offerings or IPOs. This reduction in the lock-in period is seen as a significant step forward, and since its introduction, many Portfolio Management Services (PMS) have been advising their clients to invest in Pre-IPO shares to capitalize on the benefits of early-stage investments.

However, for SME IPOs, the lock-in period is of One year.

DIS, or Delivery Instruction Slip, is a tool used by investors to sell or transfer Jaro Education from their demat account to another. There are two types of DIS Methods:

1. Offline-DIS: This is a traditional, paper-based method for transferring shares. When using Offline-DIS, investors are required to fill out a DIS form and submit it to their broker. The necessary fields in the form include:

a. ISIN number of Jaro Education.

b. Name of Jaro Education.

c. Quantity of Jaro Education.

d. Consideration Amount.

e. Target DP ID and Client ID.

f. Annexure.

2. Online DIS: Some brokers offer the facility to transfer Jaro Education through an online DIS system. It's advisable to check with your broker if such a facility is available.

For instance, platforms like Angel Broking provide an Online-DIS feature. In this method, an investor simply needs to add a beneficiary and transfer Jaro Education by filling in details similar to those required in the Offline-DIS.

For a more comprehensive understanding of this process, you can refer to our detailed article: https://unlistedzone.com/how-do-i-sell-my-unlisted-shares/

 

In recent years, the unlisted share market has expanded significantly, leading to a reduction in the minimum investment amount. Previously, the typical investment ticket size ranged from 5-10 Lakhs, but in the current market scenario, it has decreased to between 35-50k. Therefore, through our UnlistedZone platform, if someone wishes to invest in Jaro Education, the minimum investment required would now be in the range of 35-50k

Yes, buying and selling unlisted shares in India is indeed 100% legal. This activity is regulated and governed under the guidelines provided by the Securities and Exchange Board of India (SEBI). Investors and traders must adhere to these regulations and guidelines to ensure compliance with legal and financial standards. It's important for participants in the unlisted share market to be aware of and understand these regulations to engage in transactions legally and securely

When you sell unlisted shares within a period of two years from the date of acquisition, any profit earned from the sale is classified as Short-term Capital Gain (STCG). This gain is then added to your total income for that financial year. The tax on this short-term capital gain is calculated based on your applicable individual income tax slab rates. Therefore, the rate at which you will pay tax on the STCG from unlisted shares depends on your total income, including this gain, and the tax slab it falls under as per the prevailing income tax laws in India. It's important for investors to consider these tax implications when engaging in transactions involving unlisted shares.

Long-term Capital Gains (LTCG) on unlisted shares in India refer to the profits earned from the sale of unlisted shares that have been held for more than two years. The key aspects of LTCG on unlisted shares include:

    • 1. Tax Rate: LTCG on unlisted shares is taxed at a rate of 20%. However, it has now changed in Budget 2024 from 23rd July 2024 to 12.5%.

    • 2. Indexation Benefit
      : This is a significant advantage for investors. Indexation allows for adjusting the purchase price of the shares for inflation, which can reduce the taxable gain. However, This has removed in the Budget 2024 from 23rd July 2024.

    • 3. Importance for Investors
      : Understanding LTCG is crucial, especially for High Net-worth Individuals (HNIs) and retail investors, as it impacts their investment strategy and tax planning. Knowing these details helps in making informed investment decisions.

    • 4. Calculation
      : New LTCG will be calculated from 23rd July 2024 as flat rate of 12.5%.

    • 5. Applicability: LTCG tax is applicable to profits from the sale of unlisted shares held for more than two years.

    • 6. Relevance
      : This tax is particularly relevant to investors in the unlisted share market, including those considering selling their holdings after a period of more than two years.

When shares initially bought in the unlisted market become listed, the taxation rules change significantly if these shares are sold through a stock exchange. Here's what investors need to know:

Transition to Listed Market Tax Rates: 
Once unlisted shares are listed on the stock exchange and subsequently sold, the tax rates applicable to listed securities come into effect. This shift means that the favorable tax treatments for listed shares, as per the prevailing tax laws, will apply.

Taxation Based on Holding Period: 
The crucial factor in determining the type of capital gains tax (Long-term or Short-term) is the holding period of the shares. Importantly, this period is calculated from the original purchase date when the shares were unlisted.

Long-term vs. Short-term Capital Gains: If the shares are sold after being held for more than one year from the date of purchase (including the period when they were unlisted), they are subject to Long-term Capital Gains (LTCG) tax.

Conversely, if sold within one year, Short-term Capital Gains (STCG) tax rates apply.

Significance for Investors: This information is vital for investors in the unlisted market, as it impacts their tax planning and decision-making process. Understanding these nuances ensures that investors can strategically plan the sale of their shares post-listing to optimize tax implications.

Advice for Investors: It's advisable for investors to keep a record of their purchase dates and monitor the listing dates closely. Additionally, staying updated with the latest tax regulations or consulting with a financial advisor is recommended for accurate tax calculations and compliance.

When you purchase Jaro Education through UnlistedZone, it's important to note that, as per SEBI regulations, these shares can only be transferred to a demat account.

There are two primary ways to check the credit of Jaro Education in your account:

1. Using NSDL or CDSL Applications:

Download the NSDL or CDSL application from the Google Play Store.

To determine whether your stock broker is registered with NSDL or CDSL, you can examine the format of your Demat Account number. The Demat Account number consists of 16 characters, combining the DP ID and Client ID.

DP ID is the unique identification number of the Broker, assigned by CDSL or NSDL.

Client ID is the unique identification number of the Client, representing their portfolio.

In CDSL, the Demat Account number is entirely numeric (e.g., 12345678 for DP ID and 91234567 for Client ID).

In NSDL, the first two characters are alphabetic, representing the country (e.g., 'IN' for India), followed by a 6-digit unique number for the Broker (DP ID) and an 8-digit Client ID (e.g., IN123456 for DP ID and 78912345 for Client ID).

2. Checking in Broker's Application:

The credit of Jaro Education can also be checked in your broker's application. However, it's important to note that it may take T+2 days for the shares to show up in the application after the transaction.

The Jaro Education are credited in the demat account on the same day as the transfer of funds into our company's bank account.

"The price of Jaro Education can be checked in two ways. First, you can join our Telegram channel, where we share the latest prices of all unlisted shares daily in the morning. Secondly, you can check price on our UnlistedZone platform to view historical graphs and prices of all shares in one place."

Investing in Jaro Education, like any investment, carries certain risks that should be carefully considered:

1. Liquidity Risk: Unlisted shares, by their nature, are not traded on public stock exchanges. This can result in lower liquidity compared to listed shares, meaning it might be more challenging to find buyers when you wish to sell your shares.

2. Price Volatility: The price of Jaro Education can be more volatile compared to listed shares. This is partly due to the lack of regular public trading and potentially limited information available about the company's financial health and performance.

3. Regulatory Risk: Unlisted shares are subject to different regulatory frameworks than listed shares. Any changes in regulations or compliance requirements can impact the value and tradeability of these shares.

4. Limited Information: There may be less publicly available information about unlisted companies. This can make it more difficult to assess the company's true value and potential for growth, increasing the risk of investment.

5. No Guarantee of Future Listing: Investing in Jaro Education with the expectation of future listing on a public exchange carries the risk that the listing may not occur. This can affect both the liquidity and potential value appreciation of the shares.

6. Company-Specific Risks: Each company has its own set of risks based on its industry, management, financial health, and market position. These risks can significantly impact the performance of your investment in Jaro Education.

UnlistedZone: Pioneering Excellence in India's Unlisted Share Market

UnlistedZone stands as India's fastest-growing and leading marketplace for buying and selling unlisted shares. Over the past 5 years, we have carved a niche in the financial market, website hit user inflows over a 2 million users on our platform since inception. This remarkable journey is underscored by the sheer volume of transactions facilitated through UnlistedZone, which has already surpassed the 300 Crore mark.

At the helm of our success are our esteemed co-founders, Mr. Umesh Paliwal and Dinesh Gupta. Their insights and expertise are regularly sought after by leading financial publications such as MoneyControl, Business Standard, and The Economic Times, particularly for their authoritative views on IPOs and the unlisted market. Our journey over these 5 years has not just been about numbers; it's been about building trust and reliability.

UnlistedZone has established a formidable reputation in the industry, earning the trust and confidence of our users. This trust is our cornerstone, ensuring that new investors can engage with us without the apprehensions of fraud that are often associated with unknown brokers in the market.

At UnlistedZone, we are committed to maintaining the highest standards of transparency and integrity, ensuring that your investment journey is not just profitable but also secure and trustworthy.

Valuation Methodology at UnlistedZone for Jaro Education

At UnlistedZone, we employ a meticulous and strategic approach to valuing Jaro Education, utilizing two primary methods: Benchmark Valuation Based on Latest Funding:

1. Our first step is to examine the most recent funding round for Jaro Education. This provides us with a benchmark valuation, offering a clear indication of the company's current market value as perceived by investors and industry experts. This method is particularly effective in capturing the latest market sentiment and financial health of the company.

2. Comparison with Listed Peers: In cases where there hasn't been recent funding for Jaro Education, we adopt a comparative approach. This involves identifying a business in the listed market that closely resembles Jaro Education in terms of industry, size, and business model. By comparing and contrasting the two, we can ascertain a fair valuation for Jaro Education, drawing on the market data and performance metrics of its listed counterpart.

Investor Advisory: As experts in the unlisted space, we at UnlistedZone emphasize the importance of thorough risk assessment to all our investors. It's crucial to evaluate all risk parameters carefully before investing in unlisted shares. This due diligence is key to making informed and strategic investment decisions in the dynamic and evolving unlisted market.

"At UnlistedZone, our approach to sourcing Jaro Education involves a strategic and direct method. Primarily, we acquire these shares from two key groups:

1. Employees of the Company: Often, employees of a company receive shares as part of their compensation or through employee stock option plans (ESOPs). Over time, some of these employees may decide to liquidate their holdings for various reasons, such as financial needs or portfolio diversification. We engage with these employees, providing them a platform to sell their shares.

2. Initial Investors: These are the early-stage investors or angel investors who provided capital to the company during its initial phases. As the company grows and evolves, these initial investors might look to sell part or all of their stake in the company. This could be for reasons like capitalizing on their investment, reallocating assets, or other strategic financial decisions.

By connecting with these groups, UnlistedZone ensures a reliable and consistent supply of Jaro Education for our clients. This method not only helps employees and initial investors in liquidating their assets but also provides our clients with access to shares that are not readily available in the public market. It's a win-win for both the sellers and buyers, facilitated efficiently through our platform."

"The Securities and Exchange Board of India (SEBI) does have a regulatory influence on the unlisted market, though it's not as comprehensive as its oversight of the listed markets.

Key aspects of SEBI's involvement in the unlisted space include:

1. Applicable Rules and Regulations: Certain SEBI regulations are indeed applicable to transactions in the unlisted market. This includes the mandatory lock-in period of 6 months, the requirement to pay stamp duty, and depository participant (DP) charges for every transaction. These measures are in place to ensure a certain level of standardization and protection in the unlisted market, similar to those in the listed markets.

2. Lack of Specific Regulation for Unlisted Brokers: As of now, SEBI does not have specific regulations for becoming an unlisted broker. This means that while certain SEBI rules apply to transactions within the unlisted market, the process of becoming a broker in this space is not directly regulated by SEBI. This lack of direct regulation highlights the importance of due diligence by investors when engaging with brokers in the unlisted market.

3. Investor Protection and Transparency: The regulations that do apply, such as the lock-in period and transaction charges, are designed to protect investors and add a layer of transparency to these transactions. They aim to mitigate some of the risks inherent in trading unlisted securities, which typically don't have the same level of public scrutiny and regulatory oversight as listed securities. In summary, while SEBI's regulatory framework does extend to certain aspects of the unlisted market, it does not comprehensively regulate all aspects of it, particularly concerning the accreditation of unlisted brokers. This underscores the need for investors to exercise caution and conduct thorough research when participating in the unlisted market."

"For comprehensive and up-to-date news and information about Jaro Education, we have several platforms to keep you informed. Our website is regularly updated with the latest insights and developments. For real-time updates and engaging discussions, you can join our Telegram channel. Additionally, follow us on Twitter for quick news bites and industry trends. And for more in-depth analysis and informative content, subscribe to our YouTube channel. These resources are designed to provide you with a well-rounded understanding of the unlisted market, ensuring you have access to all the information you need about Jaro Education."

Tweets by @UnlistedZone
UnlistedZone

India's No.1 Platform for Buying and Selling Unlisted Shares.

UnlistedZone-app-store UnlistedZone-play-store
Quick Links
  • Off Market Annexure
  • PAN of Unlisted Shares
  • SEBI Guidelines
  • Frequently Asked Questions
  • Knowledge Center
  • Blog
  • Live Platform
Unlisted Zone
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • Disclaimer
  • Banking Alert New
Our Office

8TH FLOOR, UNIT NO 806, TRAPEZOID SIGNIA PARK A-27A ,SECTOR 62, Noida, Uttar Pradesh, PIN Code: 201301

sales@unlistedzone.com

©2018-2025 UnlistedZone. All Rights Reserved.
Need Help? Chat with Us
Start a Conversation
Hi! Click one of our member below to chat on WhatsApp ;)
The team typically replies in a few minutes.
Gurmeet Singh
Relationship Manager
Navin Mishra
Relationship Manager
Arun Sharma
Relationship Manager
Mehak
Relationship Manager
Gopal
Relationship Manager
Nisha
Relationship Manager
Nikita
Relationship Manager
Shivani
Relationship Manager
Karan
Relationship Manager