114  Total SME IPOs listed in 2025

5,174.44 Crs.  Total funds raised in 2025

79  SME IPOs listed with Gain in 2025

35  SME IPOs listed with loss in 2025

114  Total SME IPOs listed in 2025

5,174.44 Crs.  Total funds raised in 2025

79  SME IPOs listed with Gain in 2025

35  SME IPOs listed with loss in 2025

114  Total SME IPOs listed in 2025

5,174.44 Crs.  Total funds raised in 2025

79  SME IPOs listed with Gain in 2025

35  SME IPOs listed with loss in 2025

114  Total SME IPOs listed in 2025

5174.44 Crs.  Total funds raised in 2,025.00

79  SME IPOs listed with Gain in 2025

35  SME IPOs listed with loss in 2025

Crizac IPO (Crizac Limited IPO) Detail

Crizac IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 860.00 Cr. The company is based in Kolkata and caters to Education - Edtech sector. Anand Rathi Securities , Equirus Capital are the merchant bankers of Crizac IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 18th November 2024.

Crizac IPO open date is 2nd July 2025 and close date is 4th July 2025. IPO Allotment Date is 7th July 2025 and Listing date is 9th July 2025.

IPO Category : MainBoard
Exchange : BSE,NSE
Issue Type : Book Building

IPO Key Highlights

Crizac IPO Date

Date of DRHP:
18th November 2024
IPO Open Date:
2nd July 2025
IPO Close Date:
4th July 2025
IPO Allotment Date:
7th July 2025
Initiation of Refund:
8th June 2025
IPO Listing Date:
9th July 2025

Crizac Limited IPO Info, Size, Subscription

Crizac IPO size is ₹ 860.00 Cr. with IPO price of ₹ 245.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 860.00 Cr.

Issue Price:
₹ 245.00

Market Capitalisation :
₹ 4,287.07 Cr.

PE multiple :
28.03

Subscription :
62.89 times

Pre Issue Promoter Holding :
100.00 %

Post Issue Promoter Holding :
60.41 %

Crizac IPO Information

Sub Sector : B2B education platform for agents and global institutions of higher education
Crizac 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 United Kingdom, Canada, Republic of Ireland, Australia and New Zealand (ANZ). Student recruitment solutions from India into the United Kingdom is their strength as a result of their strong relationships built over time with global institutions of higher education in the United Kingdom.
For the 6 month period ended September 30, 2024 and Fiscals March 31, 2024, March 31, 2023 and March 31, 2022, they sourced applications for enrolment into global institutions of higher education from over 75 countries through their agents globally who are registered on their proprietary technology platform. During the 6 month period ended September 30, 2024
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Object of Issue (Crizac Limited IPO Objectives)

  • Utilisation of the Offer proceeds by Selling Shareholders
  • Offer Related Expenses

Anand Rathi Securities Limited is the book-running lead manager of the Crizac IPO. Link Intime India Private Limited is the Registrar for Crizac IPO.

Crizac Limited IPO Registrar (RTA)

Link Intime India Private Limited

Crizac IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Crizac IPO?

Crizac IPO, based in Kolkata, operates in the   Education - Edtech sector with a focus on B2B education platform for agents and global institutions of higher education. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Crizac IPO size is ₹ 860.00 Cr. with fresh issue size of ₹ 0 and Offer for sale being ₹ 860.00 Cr.

When is Crizac Limited IPO allotment?

The IPO allotment date for Crizac IPO is expected to be 7th July 2025, after the finalization of basis of allotment. Investors can check Crizac IPO allotment status on the registrars website, Link Intime India Private Limited . Crizac IPO refund dates are 8th June 2025.

When is Crizac IPO listing date?

Crizac IPO is expected to be listed on 9th July 2025.

What is the price band for Crizac Limited IPO?

The upper price band for the Crizac IPO is set at ₹ 245.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Crizac IPO Review?

For IPO analysis on Crizac IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Crizac IPO?

To apply for the Crizac IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 4th July 2025. After submission, funds are blocked until the basis of allotment of Crizac IPO is finalised.

Who is the merchant banker of Crizac Limited IPO?

The merchant banker for Crizac IPO is Anand Rathi Securities Limited , Equirus Capital Private Limited . Anand Rathi Securities Limited , Equirus Capital Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Crizac IPO RHP for further details.

Who is the Registrar of Crizac IPO?

The registrar for Crizac IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Crizac IPO through their official website or helpline.

What is the Crizac IPO subscription?

Crizac IPO was subscribed 62.89 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

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FAQs

Crizac IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Crizac Financial Review Page

Crizac IPO subscription was 62.89 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Crizac IPO listed at a listing price of 281.00 against the offer price of 245.00.

The current market price of Crizac is 334.97.

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