Crizac Limited IPO Details – Price, Date, GMP & Analysis
Crizac Limited IPO Overview
Key IPO Details
Investment Summary
The Crizac Limited IPO IPO is a mainboard offering scheduled to open on July 2. The issue is priced at ₹245 per share, with a minimum application of 61 shares.
Status: Listed and trading
How to Apply for Crizac Limited IPO
To apply for the Crizac Limited IPO, you need a demat account with any SEBI-registered broker, PAN card, and UPI or bank account for payment.
Application Process
- Log into your broker's platform or app
- Navigate to IPO section and select Crizac Limited IPO
- Enter bid quantity (minimum 61 shares)
- Choose cut-off price or enter specific price
- Make payment via UPI or ASBA
- Submit application before July 4
Required Documents
- Active demat account
- PAN card
- Bank account linked to demat
- UPI ID for payment
- Valid mobile number and email
Minimum Investment: ₹14,945(approx. based on lower price band)
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.
Grey Market Premium (GMP)
IPO Timeline
Open Date
Wed, Jul 2, 2025
CompletedClose Date
Fri, Jul 4, 2025
CompletedAllotment
Mon, Jul 7, 2025
CompletedRefund Process
Tue, Jul 8, 2025
CompletedCredit to Demat
Tue, Jul 8, 2025
CompletedListing Date
Wed, Jul 9, 2025
CompletedSubscription Status
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: Invalid Date
IPO Details
Crizac IPO Details
| IPO Date | July 2, 2025 to July 4, 2025 |
| Listing Date | July 9, 2025 |
| Face Value | ₹2 per share |
| Issue Price | ₹245 per share |
| Lot Size | 61 Shares |
| Sale Type | Offer For Sale |
| Total Issue Size | 3,51,02,040 shares (aggregating up to ₹860.00 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 17,49,82,500 shares |
| Share Holding Post Issue | 17,49,82,500 shares |
Crizac IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 1,75,51,019 (50.00%) | NA |
| − Anchor Investor Shares Offered | 1,05,30,612 (30.00%) | NA |
| − QIB (Ex. Anchor) Shares Offered | 70,20,407 (20.00%) | NA |
| NII (HNI) Shares Offered | 52,65,306 (15.00%) | NA |
| − bNII > ₹10L | 35,10,204 (10.00%) | 4,110 |
| − sNII < ₹10L | 17,55,102 (5.00%) | 2,055 |
| Retail Shares Offered | 1,22,85,714 (35.00%) | 2,01,405 |
Crizac IPO Timeline (Tentative Schedule)
| IPO Open Date | Wed, Jul 2, 2025 |
| IPO Close Date | Fri, Jul 4, 2025 |
| Tentative Allotment | Mon, Jul 7, 2025 |
| Initiation of Refunds | Tue, Jul 8, 2025 |
| Credit of Shares to Demat | Tue, Jul 8, 2025 |
| Tentative Listing Date | Wed, Jul 9, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on July 4, 2025 |
Crizac IPO Lot Size
| 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 | 4,026 | ₹9,86,370 |
| B-HNI (Min) | 67 | 4,087 | ₹10,01,315 |
Crizac IPO Promoter Holding
| Share Holding Pre Issue | 100% |
| Share Holding Post Issue | 79.94% |
Crizac IPO Listing Details
| July 9, 2025 |
| 544439 |
| CRIZAC |
| INE0S4R01014 |
| ₹245 per share |
Financial Information
Company FinancialsCrizac Limited Financial Information (Proforma Consolidated)
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 879.62 | 592.91 | 304.99 |
| Revenue | 884.78 | 763.44 | 517.85 |
| Profit After Tax | 152.93 | 118.90 | 112.14 |
| EBITDA | 212.82 | 72.64 | 107.29 |
| Net Worth | 505.71 | 341.81 | 221.37 |
| Total Borrowing | 0.08 | 0.08 | 0.08 |
Key Dates
Crizac Limited IPO IPO Review & Analysis
Should I Apply for Crizac Limited IPO?
The Crizac Limited IPO decision depends on your risk tolerance, investment goals, and analysis of company fundamentals. Consider factors like business model, financial performance, industry prospects, and valuation before applying.
Key Positives
- • Mainboard listing provides credibility
- • Issue size of ₹860.00 Cr indicates scale
- • Regulated by SEBI guidelines
Key Considerations
- • Analyze company financials thoroughly
- • Check Grey Market Premium trends
- • Consider market conditions
Crizac Limited IPO Allotment Details
Allotment Timeline
How to Check Allotment
- • Visit registrar's official website
- • Enter PAN or application number
- • Check through broker's platform
- • Use our universal allotment tracker
Tip: Crizac Limited IPO IPO allotment status will be available approximately 2-3 days after the issue closes. Successful applicants will receive shares in their demat account before listing.