As an investor, deciding whether the IPO is Good or Bad to invest in can often be challenging. If you are confused and worried about whether to Apply or Not the Crizac IPO. Then worry not, here we are describing 10 important key points & an in-depth, detailed Crizac IPO review which will help you to make the decision.
Strengths and Weaknesses of Crizac IPO
Strengths:
- Crizac Limited is one of the growing providers of international recruitment solutions with a strong experience in serving global higher education institutions.
- The company comprises a wide network of educational agents who have strong experience in serving global higher education institutes.
- What made this company grow is its strong focus on a technology platform that has helped over 5300 registered agents to communicate smoothly and efficiently.
- Crizac is supported by a steady, experienced, and professional team backed by a skilled and capable staff.
Weaknesses:
- The company mostly generates its revenue through a few global higher education institutions and clients, losing any of these clients can negatively impact the business, operations, and financial performance.
- Crizac Limited mainly relies on the services of its agent, and the loss of the agent can badly impact the business, financial performance, and cash flow.
- Most of its revenue comes from selling its products to certain countries. Failing to operate or expand its offerings in those regions can badly impact its financial condition, operations, cash flow, and future growth.
- If any changes in visa rules or Laws in foreign countries could affect its ability to do business and harm its financial condition.
- Any interruption or failure that occurs in the technology platform, IT systems, or any security breach can badly impact its business, cash flow, and financial condition.
Crizac IPO Details
| IPO Size | ₹860 crores |
| Offer-for-sale | NA |
| Fresh issue | ₹860 crores |
| Price band | ₹233 to ₹245 |
| Subscription | Opens on July 2, 2025, and the closing date is July 4, 2025 |
| Purpose of IPO | Fresh Issue |
Crizac IPO Open and closing dates?
Crizac IPO will be opening for subscription on July 2, 2025, and will be closed for subscription on July 4, 2025.
What is the size of the Crizac IPO?
The company planned to raise funds of around ₹860 crores via IPO. This IPO comprises entirely a fresh issue of ₹860 crores with no Offer-for-sale component, with a face value of ₹2 each.
What are the subscription details of the Crizac IPO?
The Crizac IPO price range is set at ₹233 to ₹245 per share. In this IPO, a total of 61 shares were available in 1 lot size for the minimum Retail category. For the maximum Retail category, 793 shares were available in 13 lot sizes. Additionally, 854 shares were available in 14 lot sizes for the S-HNI Minimum category. While for the B-HNI Minimum category, 4,087 shares were available 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.
- Big HSI (S-HNI): A minimum investment of ₹10,01,315 is required.
What is the Crizac IPO listing Date?
Crizac is a Mainboard IPO shares will be listed on July 9, 2025, on the BSE (Bombay Stock Exchange) & NSE (National Stock Exchange).
About Crizac
Incorporated in 2011, Crizac Limited is a prominent company involved in providing international student recruitment solutions to global institutions in the UK, Canada, the Republic of Ireland, Australia, and New Zealand (ANZ). As of September 2024, Crizac Limited comprises around 7900 agents worldwide. In FY24, 2532 of the agents were active, including 1524 in India and around 1008 from over 25 countries, including the UK, Nigeria, Pakistan, Bangladesh, Nepal, Sri Lanka, Cameroon, Ghana, Kenya, Vietnam, Canada, and Egypt. Crizac Limited includes a team of 210 employees and 10 consultants. In the past 3 years, the company has collected students’ applications from over 75 countries for higher education, receiving 5.95 lakh student applications, engaging with over 135 global institutions.
Crizac IPO Financials
The company reported revenue of ₹884.78 crores in 2025 against ₹658.62 crores in 2024. The company reported a profit of ₹152.93 crores in 2025 against a profit of ₹117.92 crores in 2024.
Crizac IPO Promoters
Dr. Vikash Agarwal, Pinky Agarwal, and Manish Agarwal are the promoters of the company.
Who are the Crizac IPO lead managers and registrar?
Equirus Capital Private Limited and Anand Rathi Securities Limited are the lead managers of Crizac, while MUFG Intime India Private Limited is the registrar of the company.
Should you apply or not for the Crizac IPO?
Whether to apply or not for the Crizac Services IPO depends on various reasons, like your investment goals and risk factors. Crizac is one of the leading education platforms that offers recruitment solutions to international students, backed by strong technology and a growing network of over 5300 agents globally. Over time, the company has built various relationships with several global higher education institutes, which is the reason for its revenue. However, before investing in this company, we cannot forget the risks the company holds, such as dependence on specific regions, Loss of any agents, changes in visa rules or laws in foreign countries, and any breakdown in its technology platform are some of the risks of the company.
So, now the question is, should you apply or not for the Crizac IPO? If you are an investor who is planning to invest in this company with a long-term goal, then the Crizac IPO can be a good opportunity to invest in. The incredible combination of solid financial and well-defined growth strategy in offering an international student recruitment solution makes Crizac an attractive choice to invest in. However, we recommend always doing a good financial background check on the company you want to invest in, and investing in it at your own risk.
