Jaro Education Raises Rs 135 Cr from Anchor Investors

Jaro Institute of Technology Management and Research (Jaro Education) on Monday said it mopped up Rs 135 crore from anchor investors ahead of its initial public offering (IPO). According to a circular uploaded on BSE's website, Citigroup Global Markets Mauritius, Nomura Singapore, Societe Generale, 360 ONE fund, WhiteOak Capital Mutual Fund (MF) and ITI MF have participated in the anchor round. Overall, the brokerage firm has allocated 15.16 lakh equity shares to 19 funds at Rs 890 apiece.