IPO

Crizac Ltd. IPO

Crizac Ltd., established in 2011, operates in the Education - Coaching/Study Material/Others sector. The company's IPO opened on July 2, 2025 and closed on July 4, 2025, with an issue price of ₹245. ... Read more

Min Investment
₹ 14,945 / 61 shares
Price Range
₹233 - ₹ 245
Bidding Dates
2 Jul '25 - 4 Jul '25
Total Issue Value
860.00 Cr
Lot Size
61
Total Issue Size
860.00 Cr
Listing At
BSE, NSE
Subscription
63.05 times
BSE Price
282.85 (15.45%)
NSE Price
283.60 (15.76%)

IPO Timeline

  • 2 Jul 2025
    Bidding Starts
  • 4 Jul 2025
    Bidding Ends
  • 7 Jul 2025
    Allotment Finalization
  • 9 Jul 2025
    Listing

About Crizac Ltd.

We are a B2B (Business to Business) 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 ... Read more

Parent organisation
Founded
Crizac Ltd.
2011

Crizac Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 1,05,30,612 (30%)
Non Institutional Investors 52,65,306 (15%)
Qualified Institutional Buyers (QIBs) 70,20,408 (20%)
Retail Individual Investors (RIIs) 1,22,85,714 (35%)

Crizac Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2024 472.13 Cr 187.53 Cr 374.05 Cr
31 Mar 2023 318.97 Cr 110.11 Cr 209.97 Cr
31 Mar 2022 141.46 Cr 64.49 Cr 78.71 Cr

Crizac Ltd. Background

Major Events And Milestones
  • 2014
    Started working with institutes from Ireland as destination country to enrol students and was appointed as regional representatives pursuant to a regional representation agreement with Institute of Technology Tralee, Ireland dated March 27, 2014.
  • 2016
    Started working with institutes from Canada as destination country to enrol students and entered into an agreement with Conestoga College Institute of Technology and Advanced Learning for Recruitment of International Students dated September 22, 2015 with respect to the recruitment of international students into Conestoga’s programs.
  • 2017
    Started working with institutes from New Zealand as destination country to enrol students and partnered with University of Canterbury, New Zealand pursuant to a partner agreement dated May 21, 2016
  • 2018
    Started working with institutes from Australia as destination country to enrol students and entered into an agency agreement with EduCo Sydney Branch, Pty. Ltd, ‘EduCo’, a collaboration partner for the delivery of academic programs and recruitment of students into EduCo Southern Cross University Campuses.
  • 2021
    Entered into student recruitment services agreement dated January 7, 2021 with University of Greenwich for promotion and recruitment of students in the programme of University of Greenwich.
  • 2022
    Crossed ₹1,000.00 million in revenue in Fiscal 2022.
  • 2023
    Crossed ₹2,500.00 million in revenue in Fiscal 2023.
  • 2024
    Acquired 100% shares of Crizac UK pursuant to Share Purchase Agreement dated November 20, 2023 by and between Dr. Vikash Agarwal and our Company
    Entered into Purchase of Business Agreement with Raj Consultants FZCO
    Entered into Business Process Outsourcing Agreement with our Material Subsidiary i.e., Crizac UK
    Entered in Consulting Agreement with our Material Subsidiary i.e., Crizac UK
  • 2025
    Incorporated our wholly owned Subsidiary i.e., UCOL FZE in UAE
Crizac Ltd. Object of Issues

1. Achieve the benefits of listing the Equity Shares on the Stock Exchanges
2. Carry out the Offer for Sale of up to [?] Equity Shares aggregating up to ? 8,600.00 million by the Selling Shareholders

Crizac Ltd. IPO Listing Details
Listing Date
9 Jul 2025
BSE Script Code
544439
NSE Symbol
CRIZAC
ISIN
INE0S4R01014
Final Issue Price
₹ 245
Crizac Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price ₹ 245.00 ₹ 245.00
Open ₹ 280.00 ₹ 281.05
Low ₹ 275.00 ₹ 275.00
High ₹ 307.95 ₹ 309.15
Last Trade ₹ 307.45 ₹ 307.63
Crizac Ltd. Company Promoters

1. Dr. Vikash Agarwal
2. Manish Agarwal
3. Pinky Agarwal

Industry Overview

Increasing globalization, coupled with the pursuit of quality education and international exposure, has led to a surge in demand for studying abroad. Students and parents are increasingly recognizing the value of acquiring a global perspective, accessing world-class educational institutions, and ... Read more

Crizac Ltd. IPO Registrar
MUFG Intime India Pvt. Ltd.
C-101, 1st Floor, 247 Park, Lal Bahadur Shashtri Marg, Vikhroli (West), Mumbai Maharashtra - 400083
8108114949
Crizac Ltd. IPO Lead Manager(s)
ANAND RATHI ADVISORS LTD
11th Floor, Times Tower Kamala City, Senapati Bapat Marg Lower Parel Mumbai Maharashtra - 400013
40477000

FAQs

When does Crizac Ltd. IPO opens and closes?

Crizac Ltd. IPO opens from 2nd July to 4th July 2025.

What is the size of Crizac Ltd. IPO?

The size of the Crizac Ltd. IPO is ₹860.00 Cr.

What is the price range of Crizac Ltd. IPO?

The price range of Crizac Ltd. IPO is at ₹233 to ₹245 per share.

What is the minimum investment and lot size required for the Crizac Ltd. IPO?

The minimum investment required is ₹14,945 and minimum lot size is 61 shares.

When is Crizac Ltd. IPO listing date?

The Crizac Ltd. IPO will be listed on 9th July 2025.

What is the objective of Crizac Ltd. IPO?

1. Achieve the benefits of listing the Equity Shares on the Stock Exchanges
2. Carry out the Offer for Sale of up to [?] Equity Shares aggregating up to ? 8,600.00 million by the Selling Shareholders

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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