Crizac IPO subscribed 62.89 times on the last day, while A retail quota was subscribed 10.74 times, QIB subscribed 141.27 times, and NII quota subscribed 80.07 times respectively.
Details About Crizac IPO
Crizac got approval from SEBI for an IPO of ₹860 crores. The IPO consists of an offer for sale up to 3,51,02,040 equity shares with a face value of ₹2 each.
Moreover, the company has set up a price band between ₹233 to ₹245 per share. In this IPO, a total of 61 shares were available in 1 lot size for the minimum Retail category, and for the maximum retail category, shares were 793 in 13 lot sizes.
while S-HNI (Min) total of 854 shares in 14 lot sizes, and B-HNI received 4,087 shares in 67 lot sizes.
To invest in this IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum investment of ₹14,945 and maximum investment of ₹1,94,285.
- Small HNI (S-HNI): Minimum investment of ₹2,09,230.
- B-HNI Minimum (B-HNI): Minimum investment of ₹10,01,315.
Subscription Duration of Crizac IPO
The opening date for the Crizac IPO subscription was July 2, 2025, whereas the closing date of the Crizac IPO was July 4, 2025. The allotment of Crizac is on July 7, 2025, and the listing date schedule for July 9, 2025.
About Crizac IPO
Crizac Limited, established in 2011, is a growing education platform that provides international student recruitment services to institutions in the UK, Canada, Ireland, Australia, and New Zealand. During the fiscal years 2022, 2023, and 2024, the company received 5.95 lakh student applications for higher education from over 75 countries and collaborated with more than 135 global institutions.
Crizac Limited had around 7900 agents worldwide as of September 2024. Crizac Limited includes a team of 210 employees and 10 consultants.
Financial Background of Crizac IPO
In 2025, the company recorded a revenue of ₹884.78 crores, up from ₹658.62 crores in 2024. Its profit also increased to ₹152.93 crores in 2025, compared to ₹117.92 crores in the previous year.
