About Company
Crizac Ltd. is one of the leading education platforms, offering international student recruitment solutions to higher education institutions in the United Kingdom, Canada, the Republic of Ireland, Australia, and New Zealand.
On January 3, 2011, Crizac Limited was established as GA Educational Services Private Limited, a platform for international student recruitment.
Crizac Ltd is a business-to-business (B2B) education platform that links agencies and international higher education institutions in the UK, Canada, Ireland, Australia, and New Zealand. The company provides solutions for foreign student recruitment to these universities.
Crizac Ltd. wants to create a more robust platform that will allow agents to acquire knowledge and experience to deepen their relationships with global organizations, creating a profitable and long-lasting business network for everyone.
The company unifies colleges and channel partners on a single platform, making the application and admissions process simpler.
IPO details of Crizac Ltd.
| IPO Date | 02 July 2025 to 04 July 2025 |
| Offer Price | 233 to 245 per share |
| Lot Size | 61 Share |
| Max Retail Subscription (In Rs.) | 5 lakhs |
| Face Value | 2 per share |
| Issue Size (In Cr.) | 860 to 904.29 |
| Fresh Issue (In Cr.) | 98.65 |
| Issue Type | Book Building |
| Listing In | NSE, BSE |
Investor category allocation of Crizac Ltd. IPO
| Investor category | Shares Offered | Allocation % |
| Anchor Investors | 10530612 | 30.00% |
| QIBs | 7020408 | 20.00% |
| NIIs/HNIs | 5265306 | 15.00% |
| Retail Individuals | 12285714 | 35.00% |
| Total | 35102040 | 100% |
Crizac Ltd. (IPO Schedule)
| IPO Open Date | 02 July 2025 |
| IPO Close Date | 04 July 2025 |
| UPI Mandate deadline | 04 July 2025 (5 PM) |
| Allotment Date | 07 July 2025 |
| Refund Initiation | 08 July 2025 |
| Demat Transfer | 08 July 2025 |
| Listing Date | 09 July 2025 |
| Mandate End | 19 July 2025 |
Financial Information of Crizac Ltd. IPO
| Financial End | March 2023 | March 2024 | March 2025 |
| Total Assets (In Cr.) | 304.99 | 592.91 | 879.62 |
| Revenue (In Cr.) | 517.85 | 763.44 | 884.78 |
| Profit After Tax (In Cr.) | 112.14 | 118.9 | 152.93 |
Objective of To Crizac IPO
(i) Achieve the benefits of listing the Equity Shares on the Stock Exchanges
(ii) carry out the Offer for Sale of up to
- Equity Shares by the Selling Shareholders aggregating to 8,600.00 million.
- Further, our Company expects that the proposed listing of its Equity Shares will enhance our visibility and brand image as well as provide liquidity to our Shareholders and a public market for the Equity Shares in India.
List of Promoters
- Dr. Vikash Agarwal
- Pinky Agarwal
- Manish Agarwal
Prospectus of Crizac IPO
Registered Address of Crizac Ltd. IPO
Crizac Limited
Wing A, 3rd Floor, Constantia Building, 11,
Dr. U.N. Brahmachari Street, Shakespeare Sarani,
Kolkata, West Bengal, India – 700017
Tel: +91 33 3544 1515
Email: compliance@crizac.com
Website: www.crizac.com
Crizac IPO Registrar
MUFG Intime India Private Limited
C 101, 247 Park, L.B.S. Marg, Vikhroli West,
Mumbai 400 083, Maharashtra, India
Tel: +91 810811 4949
E-mail: crizac.ipo@in.mpms.mufg.com
Website: www.in.mpms.mufg.com
Crizac IPO Lead Manager
Equirus Capital Private Limited
Anand Rathi Advisors Limited
Crizac IPO FAQs
Q. What is Crizac IPO?
A. Crizac IPO is a regular IPO. The company is going to raise 860 Crores via IPO. The IPO is to be listed on NSE, BSE
Q. When Crizac IPO will open for subscription?
A. The IPO is to open on 02 July 2025. The IPO will close on 04 July 2025.
Q. What is Crizac IPO Issue Size?
A. Crizac IPO issue size is 860 crores.
Q. What is Crizac IPO Price Band?
A. Crizac IPO Price Band is 233 to 245.
Q. What is Crizac IPO Lot Size?
A. The minimum bid is 61 Shares with 14,945 amount.
Q. What is the Crizac IPO Allotment Date?
A. Crizac IPO allotment date is 07 July 2025.
Q. What is the Crizac IPO Listing Date?
A. Crizac IPO listing date is 09 July 2025.