Loading...
Crizac Limited IPO Details – Price, Date, GMP & Analysis
Listed
Mainboard
Price Range:
Rs.245.00
Issue Size:
Rs.860.00 Cr
Lot Size:
61 shares
Open Date:
July 2
Crizac Limited IPO Overview
Bidding Dates
July 2 - July 4
Min Investment
₹14,945
Price Range
₹245.00
Issue Size
₹860.00 Cr
IPO DRHP Doc
Company Overview
Crizac Limited, incorporated in 2011, is a B2B education platform providing international student recruitment solutions for global institutions in the UK, Canada, Ireland, Australia, and New Zealand. The company has sourced applications from over 75 countries through its agents, processing over 5.95 lakh student applications with 135 global institutions. As of September 2024, Crizac has around 7,900 registered agents globally, including 2,532 active agents in Fiscal 2024, and a team of 329 employees and 10 consultants experienced in the international education sector.
IPO Timeline
Opens
Jul 2
Closes
Jul 4
Allotment
Jul 7
Refunds
Jul 8
Shares Credit
Jul 8
Listing
Jul 9
Opens
Jul 2
Closes
Jul 4
Allotment
Jul 7
Refunds
Jul 8
Shares Credit
Jul 8
Listing
Jul 9
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 141.27x | Oversubscribed |
| NII (Non-Institutional Investors/HNI) | 80.07x | Oversubscribed |
| RII (Retail Individual Investors) | 10.74x | Oversubscribed |
| Total Subscription | 62.89x | Oversubscribed |
Last updated: Jul 4, 2025, 05:06 PM
Current GMP:
Rs.41.5
Est. Listing:
Rs.286.5
Est. Gain:
+16.9%
Star Rating:
★★★★★(3/5)
Financial Information
Financial Data Table
Detailed breakdown of financial metrics across years
| Financial Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Assets | ₹879.62 Cr | ₹592.91 Cr | ₹304.99 Cr |
| EBITDA | ₹212.82 Cr | ₹72.64 Cr | ₹107.29 Cr |
| Net Worth | ₹505.71 Cr | ₹341.81 Cr | ₹221.37 Cr |
| Profit After Tax | ₹152.93 Cr | ₹118.9 Cr | ₹112.14 Cr |
| Revenue | ₹884.78 Cr | ₹763.44 Cr | ₹517.85 Cr |
| Total Borrowing | ₹0.08 Cr | ₹0.08 Cr | ₹0.08 Cr |
Financial data is visualized in the chart above
Strengths & Risks Analysis
Key Strengths
Competitive advantages and positive aspects
- Processed over 5.95 lakh student applications from 75+ countries, showcasing global reach.
- Holds a 13% market share of Indian students enrolling in UK universities in 2023.
- Partnerships with over 135 global universities, including top UK institutions.
- Proprietary technology platform enhances operational efficiency and agent engagement.
- Achieved an 81.02% CAGR in revenue from operations between FY2014 and FY2023
IPO Details
Crizac IPO Details
| Face Value | ₹2 per share |
| IPO Date | July 2, 2025 to July 4, 2025 |
| Issue Price | ₹245 per share |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Listing Date | July 9, 2025 |
| Lot Size | 61 Shares |
| Sale Type | Offer For Sale |
| Share Holding Post Issue | 17,49,82,500 shares |
| Share Holding Pre Issue | 17,49,82,500 shares |
| Total Issue Size | 3,51,02,040 shares (aggregating up to ₹860.00 Cr) |
Crizac IPO Reservation
Share Reservation Distribution
QIB
17,551,019 shares (50%)
Retail
12,285,714 shares (35%)
Anchor Investors
10,530,612 shares (30%)
QIB (Ex-Anchor)
7,020,407 shares (20%)
HNI (NII)
5,265,306 shares (15%)
bNII (>₹10L)
3,510,204 shares (10%)
sNII (<₹10L)
1,755,102 shares (5%)
Crizac IPO Promoter Holding
| Share Holding Post Issue | 79.94% |
| Share Holding Pre Issue | 100% |
Crizac IPO Listing Details
| ₹245 per share |
| 544439 |
| CRIZAC |
| INE0S4R01014 |
| July 9, 2025 |
Key Dates
Open Date:July 2
Close Date:July 4
Listing Date:July 9
