All details for Crizac IPO: Dates, price, subscription, financials, objectives, KPIs, registrar, and company overview.
Subscription Status (Day 2): 1.38x retail, 1.88x NII, 0.10x QIB, total 1.12x
Crizac IPO: At a Glance
IPO Timeline
| IPO Activity | Date |
|---|---|
| IPO Open Date | July 2, 2025 |
| IPO Close Date | July 4, 2025 |
| Basis of Allotment | July 7, 2025 |
| Refunds Initiation | July 8, 2025 |
| Credit of Shares to Demat | July 8, 2025 |
| IPO Listing Date | July 9, 2025 |
IPO Subscription Status (Day 2, July 3, 2025)
| Category | Subscription (times) | Shares Offered | Shares Bid For |
|---|---|---|---|
| QIB | 0.10x | 70,20,407 | 7,16,689 |
| NII (HNI) | 1.88x | 52,65,306 | 98,90,113 |
| bNII (above ₹10L) | 1.70x | 35,10,204 | 59,83,795 |
| sNII (below ₹10L) | 2.23x | 17,55,102 | 39,06,318 |
| Retail | 1.38x | 1,22,85,714 | 1,69,69,102 |
| Total | 1.12x | 2,45,71,427 | 2,75,75,904 |
IPO Price & Lot Size
| Issue Price Band | ₹233 – ₹245 per share |
|---|---|
| Market Lot | 61 Shares |
| Retail Min | 1 lot (61 shares) – ₹14,945 |
| Retail Max | 13 lots (793 shares) – ₹1,94,285 |
| S-HNI Min | 14 lots (854 shares) – ₹2,09,230 |
| S-HNI Max | 66 lots (4,026 shares) – ₹9,86,370 |
| B-HNI Min | 67 lots (4,087 shares) – ₹10,01,315 |
Company Financials (₹ Crore)
Bar Chart: Revenue, PAT & Net Worth
Line Chart: Revenue, PAT & Net Worth
| Period Ended | Assets | Revenue | Profit After Tax | EBITDA | Net Worth | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 2025 | 879.62 | 884.78 | 152.93 | 212.82 | 505.71 | 0.08 |
| 31 Mar 2024 | 592.91 | 763.44 | 118.90 | 72.64 | 341.81 | 0.08 |
| 31 Mar 2023 | 304.99 | 517.85 | 112.14 | 107.29 | 221.37 | 0.08 |
Key Performance Indicators (KPI)
| KPI | Values |
|---|---|
| Market Cap | ₹4287.07 Cr |
| ROE | 30.24% |
| ROCE | 40.03% |
| RoNW | 30.24% |
| PAT Margin | 17.28% |
| EBITDA Margin | 25.05% |
| Price to Book Value | 8.48 |
| EPS (Pre IPO) | 8.74 |
| EPS (Post IPO) | 8.74 |
| P/E (Pre IPO) | 28.03 |
| P/E (Post IPO) | 28.03 |
Objects of the Issue
This IPO is an Offer For Sale by the selling shareholders; the company will not receive any proceeds from the offer.
About Crizac Limited
Incorporated: 2011
Business: B2B education platform for agents and global higher education institutions. Offers international student recruitment solutions for the UK, Canada, Ireland, Australia, and New Zealand.
Operations: 5.95 lakh applications processed for 135+ institutions from 75+ countries, via 7,900 registered agents (2,532 active in FY24).
International Presence: Agents in India and over 25 overseas countries; consultants in Cameroon, China, Ghana, Kenya.
Employees: 329 (as of Sep 2024), 10 consultants.
Promoters: Dr. Vikash Agarwal, Pinky Agarwal, Manish Agarwal
Contact Details
Wing A, 3rd Floor, Constantia Building,
11, Dr. U.N. Brahmachari Street, Shakespeare Sarani,
Kolkata, West Bengal, 700017
Phone: +91 33 3544 1515
Email: compliance@crizac.com
Website: http://www.crizac.com/
