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Crizac Ltd.

Crizac Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹245
₹245
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹245
Based on GMP
Min. Investment
₹14,945
1 lot × 61 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
02 Jul 2025
Close Date
04 Jul 2025
Allotment
07 Jul 2025
Listing Date
09 Jul 2025
Exchange
NSE & BSE
Price Band
₹245
Listing Price
See chart
Allotment Status
Price Band
₹245
Per share
Face Value
₹2 per share
 
Lot Size
61 Shares
per lot
Issue Size
3,51,02,040 shares (aggregating up to ₹860.00 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,945
1 lot
Pre-IPO Holding
17,49,82,500 shares
Promoters
Post-IPO Holding
17,49,82,500 shares
Promoters
P/E (Pre)
28.03x
 
P/E (Post)
28.03x
 
EPS (Pre)
₹8.74
 
EPS (Post)
₹8.74
 
UPI Deadline
2025-07-04
Mandate
Anchor AllotmentTue, 01 Jul 2025
Basis of AllotmentMon, 07 Jul 2025
Refund InitiationTue, 08 Jul 2025
Demat CreditTue, 08 Jul 2025
Listing DayWed, 09 Jul 2025
UPI Mandate Deadline2025-07-04
Sale TypeOffer For Sale
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Crizac Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 04 Jul 2025.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
35,102,040
100% ₹860.00
IPO Shares Offered
Crizac Ltd. IPO total issue size: ₹860.00 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 35,102,040 ₹860.00
100.00%
* Based on upper price band ₹245 per share
Lot Size & Investment
Lot Size
61
Shares per Lot
Issue Price
₹245.00
Upper Band
Min Investment
₹14,945
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2122₹29,890
Retail (Max — 13 Lots)13793₹194,285
S-HNI (Min — 14 Lots)14854₹209,230
B-HNI (Min — 68 Lots)684,148₹1,016,260
* Issue Price ₹245 × Lot Size 61 shares
IPO Schedule
Anchor
01 Jul 2025
✓ Done
IPO Open
02 Jul 2025
✓ Done
IPO Close
04 Jul 2025
✓ Done
Allotment
07 Jul 2025
✓ Done
Refunds
08 Jul 2025
✓ Done
Demat Credit
08 Jul 2025
✓ Done
Listing Day
09 Jul 2025
✓ Done
Crizac Ltd. — Live Price LIVE
₹245.00
INR · BSE
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Issue ₹245.00 Live Price
About Crizac Ltd.
Incorporated in 2011, Crizac Limited is a B2B education platform for agents and global institutions of higher education offering international student recruitment solutions to global institutions of higher education in the United Kingdom, Canada, the Republic of Ireland, Australia and New Zealand (ANZ).For the 6 months ended September 30, 2024 and Fiscals March 31, 2024, March 31, 2023 and March 31, 2022, the company sourced applications for enrollment into global institutions of higher education from over 75 countries through our agents globally who are registered on our proprietary technology platform.The company processed over 5.95 lakh student applications while working with over 135 global institutions of higher education.As of September, 2024, the company have around 7,900 agents globally who are registered on the proprietary technology platform and during Fiscal 2024, we had 2,532 active agents (i.e., agents from whom the Company has received applications during Fiscal 2024) (Active Agents) comprising 1,524 Active Agents in India and around 40% Active Agents i.e., 1,008 Active Agents in over 25 countries overseas including United Kingdom, Nigeria, Pakistan, Bangladesh, Nepal, Sri Lanka, Cameroon, Ghana, Kenya, Vietnam, Canada and Egypt.The company has consultants in multiple countries, including Cameroon, China, Ghana, and Kenya. As of September 30, 2024, the company had a team of 329 employees and 10 consultants with extensive experience in the international educational landscape.
Objects of the Issue
1
1 To achieve the benefits of listing the Equity Shares on the Stock Exchanges
Crizac Ltd. Financials (Amount in Crore)
Revenue from Operations
₹517.9
31 Mar 2023
₹763.4
31 Mar 2024
₹884.8
31 Mar 2025
Profit After Tax (PAT)
₹112.1
31 Mar 2023
₹118.9
31 Mar 2024
₹152.9
31 Mar 2025
Particulars31 Mar 202531 Mar 202431 Mar 2023
Revenue from Operations 884.78 763.44 517.85
EBITDA 212.82 72.64 107.29
Profit After Tax (PAT) 152.93 118.90 112.14
Net Worth 505.71 341.81 221.37
Total Assets 879.62 592.91 304.99
Reserves & Surplus N/A N/A N/A
Borrowings 0.08 0.08 0.08
EBITDA Margin (%) 25.05%
PAT Margin (%) 17.28%
P/BV Ratio
8.48
RoE
30.24%
RoCE
40.03%
RoNW
30.24%
PAT Margin
17.28%
EBITDA Margin
25.05%
Issue Structure & Shareholding
Total Shares Offered3,51,02,040 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding17,49,82,500 shares
Post-Issue Promoter Holding17,49,82,500 shares
P/BV Ratio8.48
RoE30.24%
RoCE40.03%
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Equirus Capital Pvt.Ltd.
Anand Rathi Advisors Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Crizac Ltd. IPO subscribed?

Crizac Ltd. IPO is subscribed 1.00 times by Jul 04, 2025. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Crizac Ltd. IPO retail subscription status?

The Crizac Ltd. IPO retail category is subscribed 1.00 times as of 04 Jul 2025. The retail portion is oversubscribed.

How to subscribe Crizac Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 02 Jul 2025 and closes 04 Jul 2025. Min investment: ₹14,945 (1 lot = 61 shares). UPI mandate: 2025-07-04.

How many times Crizac Ltd. IPO subscribed?

The Crizac Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Crizac Ltd. IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 07 Jul 2025. Refunds: on 08 Jul 2025.

When Crizac Ltd. IPO will be listed?

The Crizac Ltd. IPO listing date is 09 Jul 2025, Wednesday. Listed on: NSE & BSE. Issue price: ₹245. Estimated listing: ₹245. GMP: NIL.

When Crizac Ltd. IPO close?

The Crizac Ltd. IPO closes on 04 Jul 2025, Friday. UPI mandate: 2025-07-04. Allotment: 07 Jul 2025. Listing: 09 Jul 2025.