Crizac IPO Details: The Crizac IPO is scheduled to open on July 2, 2025, and will close on July 4, 2025. It is a Book Built Issue, with the company aiming to raise approximately ₹860 crores. This includes a fresh issue worth ₹860 crores along with an Offer for Sale (OFS) of equity shares having a face value of ₹2 each.
The price band for the IPO is set between ₹233 and ₹245 per share. The retail investor quota is allocated 35%, Qualified Institutional Buyers (QIB) hold 50%, and High Net-Worth Individuals (HNI) are allocated 15%. The Crizac IPO is expected to be listed on both BSE and NSE on July 9, 2025, with the IPO allotment date set for July 7, 2025.
On the financial front, Crizac reported a robust revenue of ₹884.78 crores in FY 2025, up from ₹658.62 crores in FY 2024. The net profit also increased to ₹152.93 crores in FY 2025, compared to ₹117.92 crores in FY 2024.
Given the company’s strong financial performance and growth trajectory, the Crizac IPO presents a promising opportunity for long-term investors.
Crizac IPO Objectives:
The company will not receive any proceeds of the Offer for Sale by the Selling Shareholders.
Crizac IPO Review (Apply or Not)
- May Apply
Crizac IPO Date & Price Band Details:
| IPO Open Date: | July 2, 2025 |
| IPO Close Date: | July 4, 2025 |
| Face Value: | ₹2 Per Equity Share |
| IPO Price Band: | ₹233 to ₹245 Per Share |
| Issue Size: | Approx ₹860 Crores |
| Fresh Issue: | Approx ₹860 Crores |
| Issue Type: | Book Build Issue |
| IPO Listing: | BSE & NSE |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Crizac IPO Lot Size:
The minimum market lot for the Crizac IPO is 61 shares, requiring a total investment of ₹14,945 for a single lot. Retail investors can apply for up to 13 lots, amounting to 793 shares with a total application value of ₹1,94,285.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 61 | ₹14,945 |
| Retail Maximum | 13 | 793 | ₹1,94,285 |
| S-HNI Minimum | 14 | 854 | ₹2,09,230 |
| B-HNI Minimum | 67 | 4,087 | ₹10,01,315 |
Crizac IPO Allotment & Listing Date (Details)
The Crizac IPO will open for subscription on July 2, 2025, and close on July 4, 2025. The allotment of shares is expected to be finalized on July 7, 2025, with the listing scheduled on July 9, 2025, on both BSE and NSE.
| IPO Open Date: | July 2, 2025 |
| IPO Close Date: | July 4, 2025 |
| Basis of Allotment: | July 7, 2025 |
| Refunds: | July 8, 2025 |
| Credit to Demat Account: | July 8, 2025 |
| IPO Listing Date: | July 9, 2025 |
Crizac IPO GMP Today:
Crizac IPO last GMP is ₹0. With the price band of 245.00, Crizac IPO’s estimated listing price is ₹245 (cap price + today’s GMP).The expected percentage gain/loss per share is 0.00%.
Promoters of Crizac IPO
The promoters of the company are Dr. Vikash Agarwal, Pinky Agarwal and Manish Agarwal.
About Crizac IPO
Crizac Limited, founded in 2011, is one of the growing education platforms offering international student recruitment solutions to global institutions in the United Kingdom, Canada, the Republic of Ireland, Australia, and New Zealand (ANZ). In the past fiscal years 2022, 2023, and 2024, the company has collected student applications from over 75 countries for higher education, receiving 5.95 lakh student applications, engaging with over 135 global institutions. Crizac Limited had around 7900 agents worldwide as of September 2024. In FY24, 2532 of the agents were active, including 1524 in India and around 1008 from over 25 countries, including the UK, Nigeria, Pakistan, Bangladesh, Nepal, Sri Lanka, Cameroon, Ghana, Kenya, Vietnam, Canada, and Egypt. Crizac Limited includes a team of 210 employees and 10 consultants.
Crizac IPO Company Financial Report
The company reported revenue of ₹884.78 crores in 2025 against ₹658.62 crore in 2024. The company reported profit of ₹152.93 crores in 2025 against profit of ₹117.92 crores in 2024.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2024 | ₹658.62 | ₹396.96 | ₹117.92 | ₹591.03 |
| 2025 | ₹884.78 | ₹682.34 | ₹152.93 | ₹877.74 |
Crizac IPO Valuation – FY2025
Check Crizac IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 30.38% |
| ROCE: | -% |
| EBITDA Margin: | 25.05% |
| PAT Margin: | 17.28% |
| Debt to equity ratio: | – |
| Earning Per Share (EPS): | ₹8.74 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 30.24% |
| Net Asset Value (NAV): | ₹28.90 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Indiamart Intermesh Ltd | 91.84 | 27.18 | 25.20 | 363.43 | 1388.34 Cr. |
| IDP Education Ltd (AUD) | 0.48 | 7.86 | 25.51 | 1.88 | 103.73 Cr. |
Crizac IPO Registrar
MUFG Intime India Private Limited
Phone: +91-22-4918 6270
Email: crizac.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
IPO Lead Managers aka Merchant Bankers
- Equirus Capital Private Limited
- Anand Rathi Securities Limited
Company Address
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/
Crizac IPO – Frequently Asked Questions (FAQs)
1. What is the Crizac IPO?
Crizac IPO is a Mainboard Initial Public Offering through which the company plans to raise ₹860 crores. The IPO is priced in the range of ₹233 to ₹245 per equity share, and it will be listed on both the BSE and NSE.
2. When will the Crizac IPO open for subscription?
The Crizac IPO will open for public subscription on July 2, 2025, and will close on July 4, 2025. It will be available for QIBs, NIIs, and retail investors.
3. What is the investors’ portion in Crizac IPO?
The IPO allocation is as follows:
- Qualified Institutional Buyers (QIBs): 50%
- Non-Institutional Investors (NIIs/HNIs): 15%
- Retail Investors: 35%
4. How can I apply for the Crizac IPO?
You can apply for the Crizac IPO through:
- ASBA (Applications Supported by Blocked Amount) via your bank’s net banking
- UPI-based applications through supported stock brokers
- Offline application by submitting a physical form via your stockbroker
5. What is the Crizac IPO issue size?
The total issue size of the Crizac IPO is ₹860 crores.
6. What is the price band for the Crizac IPO?
The price band has been fixed at ₹233 to ₹245 per share.
7. What is the lot size for the Crizac IPO?
The minimum lot size is 61 equity shares, requiring an investment of ₹14,945. Retail investors can apply for up to 13 lots (793 shares).
8. When is the Crizac IPO allotment date?
The basis of allotment will be finalized on July 7, 2025.
9. When will Crizac IPO be listed?
The shares of Crizac are expected to be listed on the BSE and NSE on July 9, 2025.
