Crizac Limited

Crizac Limited

Mainboard

₹14,945 / 61 Shares

Offer Date:Jul 2, 2025 - Jul 4, 2025
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IPO Live Subscription Details

CategorySubscription (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 REVIEW

Crizac 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.

ApplicationLotsSharesAmount
Retail (Min)161₹14,945
Retail (Max)13793₹1,94,285
S-HNI (Min)14854₹2,09,230
S-HNI (Max)664026₹9,86,370
B-HNI (Min)674087₹10,01,315

Crizac Limited IPO Timeline

IPO Open Date
2 Jul, 2025
IPO Close Date
4 Jul, 2025
Basis of Allotment
7 Jul, 2025
Listing Date
9 Jul, 2025

Issue Price

₹233-245 per equity share

Face Value

₹2 Per Equity Share

Listing at Group

BSE, NSE

Registrar

MUFG Intime India Private Limited (Link Intime)

Lead Manager

Equirus Capital Private LimitedAnand Rathi Securities Limited

Issue Size

OFS : 3,51,02,040 shares(aggregating up to ₹860.00 Cr)

Crizac Limited IPO Financial Information

Period EndedAssetsRevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31 Mar 25879.62884.78152.93505.71-0.08
31 Mar 24592.91763.44118.90341.81-0.08
31 Mar 23304.99517.85112.14221.37-0.08

All values are in ₹ Cr.

Crizac Limited IPO Valuations

EPS Pre IPO

₹8.74/-

EPS Post IPO

₹8.74/-

PE Pre IPO

28.03

PE Post IPO

28.03

ROE

30.24%

ROCE

40.03%

Debt Equity

-

RoNW

30.24%

PAT Margin

17.28%

Price to Book Value

8.48

Promoters & Share Holding

Promoter(s) Name

  • Dr. Vikash Agarwal
  • Pinky Agarwal
  • Manish Agarwal
Share Holding Pre IssueShare 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.

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Crizac Limited IPO Subscription Details

As onQIBNII
bNII  sNII
RetailTotal
Shares Offered / Reserved70,20,407
52,65,306

35,10,204    17,55,102
1,22,85,7142,45,71,427
Day 1 -02-07-25 05:00 PM
0.09 x
0.62

0.56 x   0.73 x
0.60 x0.46 x
Day 2 -03-07-25 05:00 PM
0.15 x
6.28

6.00 x   6.85 x
2.72 x2.75 x
Day 3 -04-07-25 05:00 PM
134.35 x
76.15

88.40 x   51.67 x
10.24 x59.82 x
Total No. of Applications:19,21,365 (Approx)
Retail Subscription:

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, 700017

Phone: +91 33 3544 1515

Email: compliance@crizac.com

Website: http://www.crizac.com/

Registrar Contact Details

MUFG Intime India Private Limited (Link Intime)

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.

PD

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.

Crizac Limited IPO Date, Review, Price, Allotment Details, GMP | IPOROCK