
Crizac Limited
Mainboard₹14,945 / 61 Shares
IPO Live Subscription Details
| Category | Subscription (Times) |
|---|---|
| Date | 04 Jul 2025,06:42:00 PM |
| QIBs | 134.35 |
| NII | Bids above ₹10L: 88.40 times Bids below ₹10L: 51.67 times NII Total: 76.15 |
| Retail | 10.24 times |
| Total | 59.82 times |
Crizac Limited IPO Details
The Crizac Limited IPO price band is set between ₹233-245 per equity share, with a face value of ₹2 per share. The issue is managed by MUFG Intime India Private Limited (Link Intime), and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 2 Jul, 2025 and closes on 4 Jul, 2025. Investors can check the allotment status on 7 Jul, 2025, while the listing date is tentatively scheduled for 9 Jul, 2025.
The total issue size is OFS : 3,51,02,040 shares, aggregating up to ₹860.00 Cr. Stay tuned for the latest Crizac Limited IPO review and GMP updates.
Crizac Limited IPO Review, Rating & Analysis
Crizac Limited IPO Review
NO REVIEWCrizac Limited IPO Rating
Crizac Limited IPO Highlights
IPO Date
Jul 2, 2025 - Jul 4, 2025
Listing Date
9 Jul, 2025
Face Value
₹2 Per Equity Share
Price Band
₹233-245 per equity share
Lot Size
61 Shares
Fresh Issue
Shares
Offer for Sale
3,51,02,040 shares
Listing At
BSE, NSE
Crizac Limited IPO Lot Size
The minimum market lot for Crizac Limited IPO is 61 shares with an application amount of ₹14,945. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 61 | ₹14,945 |
| Retail (Max) | 13 | 793 | ₹1,94,285 |
| S-HNI (Min) | 14 | 854 | ₹2,09,230 |
| S-HNI (Max) | 66 | 4026 | ₹9,86,370 |
| B-HNI (Min) | 67 | 4087 | ₹10,01,315 |
Crizac Limited IPO Timeline
Issue Price
₹233-245 per equity shareFace Value
₹2 Per Equity ShareListing at Group
BSE, NSERegistrar
MUFG Intime India Private Limited (Link Intime)Lead Manager
Equirus Capital Private LimitedAnand Rathi Securities LimitedIssue Size
OFS : 3,51,02,040 shares(aggregating up to ₹860.00 Cr)Crizac Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 25 | 879.62 | 884.78 | 152.93 | 505.71 | - | 0.08 |
| 31 Mar 24 | 592.91 | 763.44 | 118.90 | 341.81 | - | 0.08 |
| 31 Mar 23 | 304.99 | 517.85 | 112.14 | 221.37 | - | 0.08 |
All values are in ₹ Cr.
Crizac Limited IPO Valuations
EPS Pre IPO
₹8.74/-EPS Post IPO
₹8.74/-PE Pre IPO
28.03PE Post IPO
28.03ROE
30.24%ROCE
40.03%Debt Equity
-RoNW
30.24%PAT Margin
17.28%Price to Book Value
8.48Promoters & Share Holding
Promoter(s) Name
- Dr. Vikash Agarwal
- Pinky Agarwal
- Manish Agarwal
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A% | N/A% |
About Company
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 IPO Subscription Details
| As on | QIB | NII bNII sNII | 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 | 0.62 0.56 x 0.73 x | 0.60 x | 0.46 x |
Day 2 -03-07-25 05:00 PM | 0.15 x | 6.28 6.00 x 6.85 x | 2.72 x | 2.75 x |
Day 3 -04-07-25 05:00 PM | 134.35 x | 76.15 88.40 x 51.67 x | 10.24 x | 59.82 x |
Retail:8.68x
BHNI:17.0x
SHNI:50.0x times
Company Contact Details
Crizac Limited
Wing A, 3 rd Floor, Constantia Building, 11, Dr. U.N. Brahmachari Street, Shakespeare Sarani, Kolkata, West Bengal, 700017Registrar Contact Details
MUFG Intime India Private Limited (Link Intime)
Phone: +91-22-4918 6270
Email: crizac.ipo@linkintime.co.in
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
Frequently Asked Questions about Crizac Limited IPO
When will Crizac Limited IPO open for subscription?
The Crizac Limited IPO opens on 2 Jul, 2025 and closes on 4 Jul, 2025.
What is the investors portion for Crizac Limited IPO?
The investors' portion for QIB is 134.35 x, NII is 88.40 x, and Retail is 10.24 x.
How to apply for Crizac Limited IPO?
You can apply for Crizac Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Crizac Limited IPO?
The issue size of Crizac Limited IPO is approx ₹OFS : 3,51,02,040 shares(aggregating up to ₹860.00 Cr) crores.
What is the price band of Crizac Limited IPO?
The price band for Crizac Limited IPO is ₹233 to ₹245 per equity share.
What is the lot size of Crizac Limited IPO?
The minimum bid (lot size) for Crizac Limited IPO is N/A shares with an investment of approx ₹14,945 .
What is the allotment date of Crizac Limited IPO?
The allotment date for Crizac Limited IPO is 7 Jul, 2025.
What is the listing date of Crizac Limited IPO?
The listing date for Crizac Limited IPO is expected to be 9 Jul, 2025.
What is the GMP of Crizac Limited IPO?
The latest Grey Market Premium (GMP) for Crizac Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.
