Crizac Limited IPO Details
The Crizac Limited IPO is a book build issue with a total issue size of ₹860 cr, and a offer for sale of 35102040 equity shares. Crizac Limited IPO opened for subscription on Jul 02, 2025 and closed on Jul 04, 2025. Crizac Limited IPO is set price band at ₹233 to ₹245 per share, with a lot size of 61 shares. Minimum investment for Retail investors was ₹14,945.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Jul 07, 2025, and listed on both the NSE and BSE on Jul 09, 2025.
MUFG Intime India Private Limited has been appointed as the registrar. Equirus Capital Private Limited and Anand Rathi Securities Limited are the Book Running Lead Manager for the issue.
Before investing in the Crizac Limited IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 233 – 245
- Lot Size
- 61
- Issue Size
- ₹860 Cr
- Minimum Investment
- ₹14945 (61 Shares)
- Listing Date
- 09 July 2025
Current GMP
₹41 (+16.73%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Crizac Limited IPO
Crizac Limited, established in 2011, is a B2B education platform that provides international student recruitment solutions to higher education institutions across the United Kingdom, Canada, the Republic of Ireland, Australia, and New Zealand. The company connects educational institutions with a global network of agents through its proprietary technology platform. Over the years, Crizac has built a strong presence in international student recruitment, particularly from India to the UK, leveraging long-standing relationships with universities and tailored recruitment strategies.
As of March 31, 2025, Crizac had approximately 10,362 registered agents globally, with 3,948 active agents—2,237 based in India and 1,711 spread across more than 39 countries, including the UK, Nigeria, Pakistan, Bangladesh, Nepal, Sri Lanka, Ghana, Kenya, Vietnam, Canada, and Egypt. From FY 2023 to FY 2025, the company processed over 7.11 lakh student applications and collaborated with more than 173 global higher education institutions, such as the University of Birmingham, Coventry University, and Swansea University. The company’s operations are based in India with co-primary offices in London and consultants located in countries like Cameroon, China, Ghana, and Kenya.
With a workforce of 368 employees and 12 consultants as of FY 2025, Crizac has grown significantly, achieving a compound annual growth rate (CAGR) of 100.18% in revenue from operations between FY 2015 and FY 2025. Crizac continues to support students and parents seeking quality global education and assists institutions in expanding their international student base through a scalable, tech-enabled recruitment platform.
Crizac Limited IPO Promoters
- Dr. Vikash Agarwal
- Pinky Agarwal
- Manish Agarwal
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
79.94%
Crizac Limited IPO Objective
The company will not receive any proceeds of the Offer for Sale by the Selling Shareholders.
Address / Contact Info
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/
IPO Snapshot
Book Running Lead Managers
- Equirus Capital Private Limited
- Anand Rathi Securities Limited
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Crizac Limited IPO is a Book-building IPO with a total issue size of ₹860 crore. The Crizac Limited IPO price band is ₹233 to 245 per share. The Crizac Limited IPO subscription opens on Wed, Jul 2, 2025, and closes on Fri, Jul 4, 2025. The Crizac Limited IPO will be listed on the BSE,NSE. MUFG Intime India Private Limited is the registrar for the Crizac Limited IPO.
The Crizac Limited IPO opens on Wed, Jul 2, 2025 and closes on Fri, Jul 4, 2025
Crizac Limited IPO Price Band is ₹233 to 245 per share.
Crizac Limited IPO lot size is 61 shares, Retail investors need a minimum investment of ₹14945 based on the upper price band
The minimum investment for Crizac Limited IPO is ₹14945, based on one lot of 61 shares at the upper price band of ₹245 per share.
Investors can apply for the Crizac Limited IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Jul 4, 2025. The application amount remains blocked until the Crizac Limited IPO allotment is finalized.
Crizac Limited IPO issue size is ₹860 crores.
Crizac Limited IPO allotment date is Wed, Jul 1, 2026.
The registrar for Crizac Limited IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Crizac Limited IPO allotment status, refund processing, and other IPO-related information.
The Crizac Limited IPO GMP (Grey Market Premium) is ₹41 as of Wed, Jul 9, 2025. Based on the upper price band of ₹245 per share, the estimated Crizac Limited IPO listing price is ₹286, indicating a potential listing gain of approximately 0% over the issue price.