Crizac Limited IPO
Crizac Limited IPO is listed on BSE and NSE, priced at ₹233–₹245 per share. The stock debuted at ₹281.05, delivering a listing gain of 14.7%. The IPO had a lot size of ₹61 shares and a minimum investment of ₹14,945.
Crizac Limited IPO
- IPO Dates
- Jul 2, 2025 – Jul 4, 2025
- Price band
- ₹233-245 per equity share
- Minimum Investment
- ₹14,945
- Issue size
- ₹860 Cr
- Lot size
- 61
- Allotment Date
- Jul 7, 2025
- Listing
- Jul 9, 2025
- Listing At
- BSE, NSE
IPO timeline
-
Jul 2, 2025
Open Date
Completed
-
Jul 4, 2025
Close Date
Completed
-
Jul 7, 2025
Allotment Date
Completed
-
Jul 9, 2025
Listing Date
Completed
Price Summary
- Last closing
- 227.70 (-7.06%)
- 52 week high
- 387.95
- 52 week low
- 173.35
- Last update
Crizac Limited IPO Essentials
Crizac Limited IPO Details
Crizac Limited IPO is priced at ₹233-245 per share with a total issue size of 860 crore. The IPO has a lot size of 61 shares and is listed on BSE and NSE.
- Issue price
- ₹233-245 per equity share
- Lot size
- 61 shares
- Face value
- ₹2 Per Equity Share
- Issue size
- OFS : 3,51,02,040 shares(aggregating up to ₹860.00 Cr)
- Total issue size
- 3,51,02,040 shares
(aggregating up to ₹860 crore) - Offer for sale (OFS)
- 3,51,02,040 shares
(aggregating up to ₹860 crore) - Listing at
- BSE, NSE
- List price
- 281.05(NSE)
- Listing date
- Registrar
- MUFG Intime India Private Limited (Link Intime)
- Lead manager
-
Equirus Capital Private Limited, Anand Rathi Securities Limited
Market Lot Size
Investors can bid for a minimum of 61 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 61 | ₹14,945 |
| Retail(max) | 13 | 793 | ₹1,94,285 |
| sHNI(min) | 14 | 854 | ₹2,09,230 |
| sHNI(max) | 66 | 4,026 | ₹9,86,370 |
| sHNI(min) | 67 | 4,087 | ₹10,01,315 |
Crizac Limited IPO Reservation
Crizac Limited IPO reservation details show category-wise allocation of shares. Out of the total NA shares, approximately 0% are reserved for QIB, 0% for NII, 0% for retail investors, and 0% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (NA%) | |
| QIB Shares Offered | NA (NA%) | |
| NII (HNI) Shares Offered | NA (NA%) | |
| bHNI > ₹10L | NA (NA%) | |
| sHNI < ₹10L | NA (NA%) | |
| Retail Shares Offered | NA (NA%) | |
| Total Shares Offered | NA (NA%) |
Crizac Limited IPO Analytics
Crizac Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Crizac Limited IPO Subscription Status
Crizac Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB |
NII
bHNI
sHNI
|
Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 70,20,407 |
52,65,306
35,10,204
17,55,102
|
1,22,85,714 | 2,45,71,427 |
|
Day 1
02-07-25 05:00 PM
|
0.09 x |
0.62x
0.56x
0.73x
|
0.60 x | 0.46 x |
|
Day 2
03-07-25 05:00 PM
|
0.15 x |
6.28x
6.00x
6.85x
|
2.72 x | 2.75 x |
|
Day 3
04-07-25 05:00 PM
|
134.35 x |
76.15x
88.40x
51.67x
|
10.24 x | 59.82 x |
|
Total No. of Applications
|
bHNI | sHNI | Retail |
|---|---|---|---|
| 19,21,365 (Approx) | 17x | 50x | 8.68x |
Crizac Limited Valuations
Earnings
- EPS Pre IPO
- ₹8.74/-
- EPS Post IPO
- ₹8.74/-
- P/E Pre IPO
- 28.03
- P/E Post IPO
- 28.03
Returns
- ROE
- 30.24%
- ROCE
- 40.03%
- RoNW
- 30.24%
- PAT Margin
- 17.28%
Fundamentals
- Price / Book
- 8.48
Crizac Limited Financials( In Crs.)
| 31-Mar-25 | 31-Mar-24 | 31-Mar-23 | |
|---|---|---|---|
| Assets | 879.62 | 592.91 | 304.99 |
| Revenue | 884.78 | 763.44 | 517.85 |
| Profit After Tax | 152.93 | 118.90 | 112.14 |
| Net Worth | 505.71 | 341.81 | 221.37 |
| Total Borrowing | 0.08 | 0.08 | 0.08 |
Crizac Limited Company & Offer Insights
About Crizac Limited
Established in 2011, Crizac Limited is a B2B education platform for global institutions of higher learning and agents of higher education which provides international student recruitment services to global institutions of higher learning in the United Kingdom, Republic of Ireland, Canada, Australia and New Zealand (ANZ).
During the 6 months ended September 30, 2024 and Fiscals March 31, 2024, March 31, 2023 and March 31, 2022, the company received applications for admission to global institutions of higher learning from more than 75 countries through our agents worldwide who are listed on our company-owned technology platform.
The company processed more than 5.95 lakh student applications during collaboration with more than 135 global institutions of higher learning.
As of September, 2024, the company have approximately 7,900 agents across the world who are registered on the company's proprietary technology platform and as of Fiscal 2024, we have 2,532 active agents (i.e., agents from whom the Company has received applications during Fiscal 2024) (Active Agents) consisting of 1,524 Active Agents in India and approximately 40% Active Agents i.e., 1,008 Active Agents in more than 25 countries abroad including United Kingdom, Nigeria, Pakistan, Bangladesh, Nepal, Sri Lanka, Cameroon, Ghana, Kenya, Vietnam, Canada and Egypt.
The firm has consultants in several nations, such as Cameroon, China, Ghana, and Kenya. As of September 30, 2024, the firm had 329 employees and 10 experienced consultants working in the global educational sector.
Crizac Limited Promoter(s)
Dr. Vikash Agarwal, Pinky Agarwal, Manish Agarwal are the company's promoters of Crizac Limited.
Crizac Limited IPO Issue Objectives
- •
- The company will not receive any proceeds of the Offer for Sale by the Selling Shareholders.
Crizac Limited IPO - Anchor Investors
Crizac IPO to debut on July 2: Institutional investors buy Rs 258 crore shares through anchor book.
Marquee institutions such as Allianz Global Investors, Pinebridge Global Fund, Societe Generale, and LC Pharos Multi Strategy Fund joined anchor book of the B2B education platform providing cross-border international student recruitment solutions to global higher education institutions in United Kingdom, Canada, Republic of Ireland, Australia and New Zealand.
ICICI Prudential Mutual Fund, Shamyak Investment, Bandhan Mutual Fund, 360 ONE Equity Opportunity Fund, Carnelian Bharat Amritkaal Fund, Kotak Mahindra Life Insurance Company, and Axis Max Life Insurance, among others also invested in the company through anchor book.
Crizac Limited IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Crizac Limited | N/A | 28.76 | 30.38% | 849 |
| Indiamart Intermesh | N/A | 27.18 | 25.20% | 1,388 |
| IEL Education | N/A | 7.86 | 25.20% | 103 |
Crizac Limited IPO - Strengths and Risks
Crizac Limited IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.
Strengths
Risks
Contact Information
Contact Details
Crizac Limited
+91 33 3544 1515
Wing A, 3 rd Floor, Constantia Building, 11, Dr. U.N. Brahmachari Street, Shakespeare Sarani, Kolkata, West Bengal, 700017
Registrar Contact Details
MUFG Intime India Private Limited (Link Intime)
+91-22-4918 6270
Frequently Asked Questions
Click any question to reveal the answer
Crizac Limited IPO is a book-built IPO worth ₹860 crore. The price band is ₹233–₹245 per share. The IPO opens on Jul 2, 2025 and closes on Jul 4, 2025. It will be listed on BSE and NSE. MUFG Intime India Private Limited (Link Intime) is the registrar.
The price band of Crizac Limited IPO is ₹233 to ₹245 per share.
The lot size of Crizac Limited IPO is 61 shares.
The minimum investment for Crizac Limited IPO is approximately ₹14,945 based on the upper price band .
Crizac Limited IPO opens on Jul 2, 2025 and closes on Jul 4, 2025.
The allotment date of Crizac Limited IPO is Jul 7, 2025.
Crizac Limited IPO is expected to be listed on Jul 9, 2025, on BSE and NSE .
Crizac Limited IPO listed on Jul 9, 2025. It was issued at ₹281.05(NSE) and is currently around ₹227.70 as on 27-May-2026 3:30 PM, which is approximately -7.1% versus issue price. The 52-week high is ₹387.95.
Based on listing and post-listing performance, Crizac Limited IPO delivered around -7.1% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.
To buy Crizac Limited IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.
Crizac Limited IPO valuation snapshot: P/E 28.03, EPS ₹8.74/-, P/B 8.48, RoNW 30.24%, and market cap N/A.
To apply for Crizac Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Crizac Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Crizac Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Crizac Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Crizac Limited IPO allotment status on IPO Ji for quick and easy access.