Crizac Limited IPO
Crizac Limited is a B2B education platform that partners with agents and global institutions to provide international student recruitment solutions across the UK, Canada, Ireland, Australia, and New Zealand. With a strong focus on student recruitment from India to the UK, the company has built long-standing relationships with top institutions. By working closely with global universities, it develops customized strategies aligned with each institution’s recruitment goals and strengths.
Price Band₹233 - ₹245 |
Dates02 Jul - 04 Jul |
GMP₹0 (0.00%) |
Subscriptions- |
Issue Size₹860.00 Crs |
Crizac IPO Objects
- The issue is a complete Offer for Sale (OFS). The company will not receive any funds from the issue, entire proceeds will be received by the Selling Shareholder(s).
Crizac IPO Details
Price Band₹233 - ₹245 |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹0.00 (0.00 Shares) |
Offer For Sale₹860.00 Cr (3.51 Cr Shares) |
Total Issue₹860.00 Cr (3.51 Cr Shares) |
Face Value₹2 per equity share |
Crizac IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
61
14,945
Maximum
13
793
1,94,285
|
|||
| Small HNI |
Minimum
14
854
2,09,230
Maximum
66
4,026
9,86,370
|
|||
| Big HNI |
Minimum
67
4,087
10,01,315
|
|||
Crizac IPO GMP
The estimated Grey Market Premium of Crizac IPO is ₹0 per share (0.00%)
Category Allocation
| Particulars | Allocation |
|---|---|
| QIBs | Not more than 50% of Net Offer |
| Big HNIs (NII) | Not less than 10% of Net Offer |
| Small HNIs (NII) | Not less than 5% of Net Offer |
| Retail | Not less than 35% of Net Offer |
Crizac IPO Financials
| Particulars | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| Revenue from Operations | 849.49 | 530.05 | 274.10 |
| Profit after Tax | 152.93 | 117.92 | 110.11 |
| Net Worth | 503.33 | 339.44 | 219.97 |
| Total Borrowing | 0.08 | 0.08 | 0.08 |
| Total Assets | 877.74 | 591.03 | 232.06 |
| NAV per share (in ₹) | 28.76 | 19.40 | 12.57 |
| EPS - Basic (in ₹) | 8.74 | 6.74 | 6.29 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | Values |
|---|---|
| EBITDA | 25.05% |
| PAT | 17.28% |
| ROE | 30.38% |
| PE Ratio | 28.03 |
| PB Ratio | 8.52 |
| Mkt Cap (in Crs.) | 4,287.07 |
- All the data pertains to Mar-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Crizac IPO Peer Comparision
| Particulars | Crizac | Indiamart Intermesh |
|---|---|---|
| Revenue from Ops (in Crs.) | 849.49 | 1,388.34 |
| PAT (In Crs.) | 152.93 | 550.70 |
| EPS - Basic | 8.74 | 91.84 |
| NAV per share | 28.76 | 363.43 |
| RONW | 30.38% | 25.20% |
| EBITDA | 25.05% | 34.12% |
| PAT Margin | 17.28% | 33.16% |
| Price to earning (PE) | 28.03 | 27.18 |
- All information pertains to FY 2023-24.
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of June 10, 2025 for Peers
Crizac IPO Peer Comparision
| Particulars | Crizac |
|---|---|
| Revenue from Ops (in Crs.) | 849.49 |
| PAT (In Crs.) | 152.93 |
| EPS - Basic | 8.74 |
| NAV per share | 28.76 |
| RONW | 30.38% |
| EBITDA | 25.05% |
| PAT Margin | 17.28% |
| Price to earning (PE) | 28.03 |
| Indiamart Intermesh |
|---|
| 1,388.34 |
| 550.70 |
| 91.84 |
| 363.43 |
| 25.20% |
| 34.12% |
| 33.16% |
| 27.18 |
- All information pertains to FY 2023-24.
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of June 10, 2025 for Peers
Promoter Details
| Name | Shareholding |
|---|---|
| Pinky Agarwal | 46.93% |
| Manish Agarwal | 30.56% |
| Vikash Agarwal | 2.99% |
| Other promter | 19.52% |
| Total | 100.00% |
Management Details
| Name | Designation |
|---|---|
| Vikash Agarwal | Chairman & MD |
| Manish Agarwal | CFO |
| Christopher Nagle | CEO |
Company Details
Name: Crizac Limited
Address: Wing A, 3rd Floor, Constantia Building, 11, Dr. U.N. Brahmachari Street, Shakespeare Sarani, Kolkata, West Bengal, India - 700017
Number: +91 33 3544 1515
Email: compliance@crizac.com
Website: www.crizac.com
Book Running Lead Managers (BRLMs)
Anand Rathi Securities
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Equirus Capital
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MUFG Intime India
Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Crizac IPO is a Mainboard IPO having an issue size of Rs. ₹860.00 Crs. Crizac IPO is priced at ₹233 - ₹245 per share. The issue opens on 02 Jul 25 and closes on 04 Jul 25.
Crizac IPO opens on 02 Jul 25 and closes on 04 Jul 25.
The estimated Grey Market Premium of Crizac IPO is ₹0 per share (0.00%).
The minimum lot size of Crizac IPO is 61 shares & the minimum application amount is Rs. 14945.
The allotment date of Crizac IPO is 07 Jul 25.
The listing date of Crizac IPO is 09 Jul 25.
Crizac IPO is subscribed -.
Crizac IPO is priced at ₹233 - ₹245 per share.
Click the allotment link on Crizac IPO page of IPO360.
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- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
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- Money will remain blocked till the refund date
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