crizac limited ipo 2025: price band, gmp, allotment & listing guide

Crizac Limited IPO 2025 Updates: Check latest GMP, subscription status, allotment date, listing price prediction & review.


The Crizac Limited IPO 2025 Updates have been creating buzz in the market, with investors keenly watching the GMP, subscription window, and listing expectations. If you’re planning to invest or just want clarity on Crizac’s business model, financial strength, and expected gains, you’re in the right place.

In this exclusive article, we’ll break down:

  • ๐Ÿ“Œ Crizac IPO dates, price band, lot size

  • ๐Ÿ“Š Company profile and financial highlights

  • ๐Ÿ’ฐ Grey market premium (GMP) and expected listing gain

  • ๐Ÿ“… Allotment & listing schedule

  • โœ… Expert verdict – Buy or avoid?

Let’s dive right in ๐Ÿ‘‡


๐Ÿ” About Crizac Limited

Crizac Limited, incorporated in 2011, is a B2B education solutions company that connects global educational institutions with student recruitment agents worldwide. The company provides a proprietary platform that helps agents enroll students across destinations like:

  • UK ๐Ÿ‡ฌ๐Ÿ‡ง

  • Canada ๐Ÿ‡จ๐Ÿ‡ฆ

  • Ireland ๐Ÿ‡ฎ๐Ÿ‡ช

  • Australia ๐Ÿ‡ฆ๐Ÿ‡บ

  • New Zealand ๐Ÿ‡ณ๐Ÿ‡ฟ

As of September 2024, Crizac had over 7,900 registered agents globally, with over 2,500 active agents contributing to student enrollments. It processed more than 5.95 lakh applications, working with 135+ global universities — clearly showing its scale and influence in international student mobility.


๐Ÿ’ผ Crizac IPO 2025 Details

Particulars Details
IPO Type Bookbuilding
Issue Size โ‚น860.00 Cr (OFS Only)
Face Value โ‚น2 per share
Price Band โ‚น233 – โ‚น245
Lot Size 61 shares
Minimum Investment โ‚น14,945
Listing Exchanges NSE, BSE
IPO Open Date July 2, 2025 (Wed)
IPO Close Date July 4, 2025 (Fri)
Allotment Date July 7, 2025 (Mon)
Refunds Initiation July 8, 2025 (Tue)
Shares in Demat July 8, 2025 (Tue)
Listing Date July 9, 2025 (Wed)
Lead Managers Equirus Capital, Anand Rathi Securities
Registrar Link Intime (MUFG Intime India Pvt Ltd)

๐Ÿ“ฆ Crizac IPO Lot Size & Investment Details

Investor Type Lots Shares Amount (โ‚น)
Retail Min 1 61 โ‚น14,945
Retail Max 13 793 โ‚น1,94,285
sNII Min 14 854 โ‚น2,09,230
sNII Max 66 4,026 โ‚น9,86,370
bNII Min 67 4,087 โ‚น10,01,315

Retail investors are advised to bid at the cut-off price to avoid rejection due to price-based oversubscription.


๐Ÿงพ Crizac Shareholding Pattern

Category Pre-Issue Holding Post-Issue Holding
Promoters (Dr. Vikash Agarwal, Pinky Agarwal, Manish Agarwal) 100% 100%

Since this IPO is entirely Offer For Sale (OFS), there is no dilution, and promoters continue holding the same stake post-IPO.


๐Ÿ“ˆ Crizac Financial Performance (โ‚น in Crores)

Year Revenue PAT EBITDA Net Worth Assets
FY 2025 โ‚น884.78 โ‚น152.93 โ‚น212.82 โ‚น505.71 โ‚น879.62
FY 2024 โ‚น763.44 โ‚น118.90 โ‚น72.64 โ‚น341.81 โ‚น592.91
FY 2023 โ‚น517.85 โ‚น112.14 โ‚น107.29 โ‚น221.37 โ‚น304.99

๐ŸŸข Revenue grew by 16% YoY
๐ŸŸข PAT increased by 29% YoY
๐ŸŸข Virtually debt-free (Total borrowing: โ‚น0.08 Cr)


๐Ÿ”ข Crizac IPO Key Ratios & Valuation

Metric Value
EPS (FY25) โ‚น8.74
P/E Ratio 28.03x
RoNW 30.24%
ROCE 40.03%
EBITDA Margin 25.05%
PAT Margin 17.28%
Price to Book (P/BV) 8.48x
Market Cap โ‚น4,287 Cr

๐Ÿ“Š Strong return ratios and high margins indicate efficient operations.


๐Ÿ’น Crizac IPO GMP Updates

As of the latest update:

Date IPO Price GMP Movement Est. List Price Profit
Jun 28 โ‚น245 โ‚น0 No Change โ‚น245 โ‚น0
Jun 27 โ‚น245 โ‚น0 No Change โ‚น245 โ‚น0
Jun 26 โ‚น245 โ‚น0 No Change โ‚น245 โ‚น0

๐Ÿ“‰ GMP Trend: Flat
๐Ÿ” Market Sentiment: Cautious or Awaiting Institutional Bids

โš ๏ธ Note: GMP is unofficial and should not be the sole investment basis.


๐Ÿ“ข Objects of the Offer

Since Crizac IPO is a pure OFS, the proceeds go to existing shareholders. The company will not receive any capital infusion for expansion or growth.


๐ŸŒ Business Strengths

โœ… Proven B2B platform with global scale
โœ… Strong agent network and proprietary tech platform
โœ… Excellent growth in revenue and PAT
โœ… Asset-light, scalable model
โœ… Presence across multiple geographies with 7,900+ agents


โš ๏ธ Risk Factors

โš ๏ธ 100% OFS – No capital benefit to company
โš ๏ธ Highly dependent on education sector demand
โš ๏ธ Competitive and regulatory risks in foreign markets
โš ๏ธ GMP remains neutral – listing may not see premium


๐Ÿค” Should You Apply for Crizac IPO?

Here’s a quick summary:

Factor Verdict
Company Fundamentals โœ… Strong
Financial Growth โœ… Positive
GMP โš ๏ธ Neutral
Valuation Moderate
IPO Type 100% OFS
Listing Gain Potential Uncertain

๐Ÿ‘‰ Verdict: Apply only for long-term if you believe in international education’s demand resilience. For listing gain-focused investors, wait for subscription and anchor investor response.


โ“ Crizac IPO 2025 – FAQs

1. What is the Crizac IPO GMP today?
As of June 28, 2025, Crizac IPO GMP is โ‚น0 with no upward or downward movement.

2. What are Crizac IPO dates?
Opens on July 2, 2025, and closes on July 4, 2025.

3. What is the Crizac IPO allotment date?
Tentative allotment will be finalized on July 7, 2025.

4. What is Crizac’s IPO lot size and price?
61 shares per lot at โ‚น233–โ‚น245 per share.

5. Is it a fresh issue or offer for sale?
It is 100% offer for sale; the company won't receive proceeds.

6. What is Crizac IPO expected listing price?
With GMP at โ‚น0, the expected listing is at โ‚น245 (issue cap price).

7. Is Crizac Limited a profitable company?
Yes. FY25 PAT was โ‚น152.93 Cr with 17% PAT margin.

8. Can I apply via Zerodha or Groww?
Yes. You can apply using UPI mandate on platforms like Zerodha, Groww, Upstox.

9. Who are Crizac IPO Lead Managers?
Equirus Capital and Anand Rathi Securities.

10. What are Crizac’s peers or competitors?
No direct listed peers in India. However, it indirectly competes with other international education and ed-tech platforms.


๐Ÿ“ Final Thoughts

The Crizac Limited IPO 2025 Updates indicate a company with solid financials, high ROCE, and global scale. However, since the IPO is 100% OFS and GMP is flat, investor interest is currently subdued.

๐Ÿ“Œ Wait and watch for institutional demand or apply only if you believe in the long-term potential of international student recruitment and education platforms.


๐Ÿ“ข Stay Updated!

๐Ÿ’ก Bookmark InvestSimpli.com for real-time GMP, listing analysis, allotment news, and expert IPO breakdowns!


โš ๏ธ Disclaimer

This article is for informational purposes only and does not constitute investment advice. Investors are advised to consult their financial advisor before making any decision.


 

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