| IPO Date | July 2, 2025 to July 4, 2025 |
| Listing Date | July 9, 2025 |
| Face Value | ₹ 2 / Share |
| Price Band | ₹ 233 to ₹ 245 / Share |
| Lot Size | 61 Shares |
| Total Issue Size | 3,51,02,040 shares (Aggregating up to ₹860.00 Cr) |
| Fresh Issue | 3,51,02,040 shares (Aggregating up to ₹860.00 Cr) |
| Offer for Sale | |
| Employee Discount | |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 17,49,82,500 shares |
| Share holding post issue | 17,49,82,500 shares |
| Market Maker portion |
Crizac Limited IPO opens on July 2, 2025, and closes on July 4, 2025.
| IPO Open Date | July 2, 2025 |
| IPO Close Date | July 4, 2025 |
| Basis of Allotment | July 7, 2025 |
| Initiation of Refunds | July 8, 2025 |
| Credit of Shares to Demat | July 8, 2025 |
| Listing Date | July 9, 2025 |
| Cut-off time for UPI mandate confirmation | July 4, 2025 |
Investors can bid for a minimum of 61 shares and in multiples thereof. The following table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 61 | Rs.14,945 |
| Retail (Max) | 13 | 793 | Rs.194,285 |
| S-HNI (Min) | 14 | 854 | Rs.209,230 |
| S-HNI (Max) | 67 | 4,087 | Rs.1,001,315 |
| B-HNI (Min) | 68 | 4,148 | Rs.1,016,260 |
| HNI (Min) |
| Share Holding Pre Issue | 100% |
| Share Holding Post Issue |
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | |
|
| Other Shares Offered | |
|
| QIB Shares Offered | Not more than 50% of the Net Offer |
|
| NII (HNI) Shares Offered | Not less than 15% of the Net Offer |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | Not less than 35% of the Net Offer |
|
| Employee Shares Offered | |
|
| Total Shares Offered | |
| Bid Date | |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | |
| Anchor lock-in period end date for 50% shares (30 Days) | |
| Anchor lock-in period end date for remaining shares (90 Days) |
Founded in 2011, Crizac Limited is a business-to-business (B2B) education platform that provides international student recruitment services to international higher education institutions in the UK, Canada, Ireland, Australia, and New Zealand (ANZ).
Through our agents worldwide who are registered on our proprietary technology platform, the company sourced applications for enrollment into international higher education institutions from over 75 countries for the six months ending September 30, 2024, and the fiscal years March 31, 2024, March 31, 2023, and March 31, 2022.
The company collaborated with more than 135 international higher education institutions and processed more than 5.95 lakh student applications.
The company had 2,532 active agents (i.e., agents from whom the company received applications during Fiscal 2024) as of September 2024. Of these, 1,524 were active agents in India, and approximately 40%, or 1,008 active agents, were in more than 25 foreign countries, including the United Kingdom, Nigeria, Pakistan, Bangladesh, Nepal, Sri Lanka, Cameroon, Ghana, Kenya, Vietnam, Canada, and Egypt. As of September 2024, the company had approximately 7,900 agents worldwide registered on the proprietary technology platform.
The company has consultants in China, Ghana, Kenya, and Cameroon, among other countries. The corporation employed 329 people as of September 30, 2024, and has 10 advisors with a wealth of knowledge about the global educational scene.
| KPI | Values |
|---|---|
| ROE | 30.24% |
| ROCE | 40.03% |
| Debt/Equity | |
| RoNW | 30.24% |
| P/BV | 8.48 |
| PAT Margin (%) | 17.28% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 8.74 | |
| P/E (x) | 28.03 |
Crizac Limited Wing A, 3rd Floor, Constantia Building, 11, Dr. U.N. Brahmachari Street, Shakespeare Sarani, Kolkata, West Bengal, 700017 Phone: +91 33 3544 1515 Email: [email protected] Website: http://www.crizac.com/ |
MUFG Intime India Private Limited (Link Intime) Phone: +91-22-4918 6270 Email: [email protected] Website: https://linkintime.co.in/Initial_Offer/public-issues.html |
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