Past listing trends suggest that strong institutional demand and a healthy GMP improve the probability of a positive debut, but they do not guarantee it.
The two-year relaxation is subject to domestic content norms, with BIS certification and cybersecurity compliance required for eligible power project bidders.
The brokerage believes Jaro is well placed to benefit from India's fast-growing online higher education market, driven by low higher education penetration, regulatory support under the National Education Policy (NEP) 2020, and increasing adoption of online degree programmes.
