Crizac IPO Subscription started on Thursday, July 2, 2025, and will close on July 4, 2025, as per the schedule. The price band is set at ₹233 to ₹245 per share with a face value of ₹2.
Crizac IPO Subscription Status
Crizac IPO subscribed over 2.89x on its second day till 5.00 PM on July 03, 2025.
- Crizac IPO subscription QIB investors portion is 0.16 times, while NII subscribed 6.61 times and RII investors subscribed 2.86 times.
- The company has received bids for 7,10,17,847 shares against 2,45,71,427 shares on offer on the second day of subscription.
- Crizac IPO subscribed over 2.89x on its second day.
- Crizac IPO subscribed over 0.48x on its first day.
About Crizac Company
Crizac Limited, founded in 2011, is one of the growing education platforms offering international student recruitment solutions to global institutions in the United Kingdom, Canada, the Republic of Ireland, Australia, and New Zealand (ANZ). In the past fiscal years 2022, 2023, and 2024, the company has collected student applications from over 75 countries for higher education, receiving 5.95 lakh student applications, engaging with over 135 global institutions. Crizac Limited had around 7900 agents worldwide as of September 2024. 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.
Crizac Financial Report
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 GMP:
Crizac IPO GMP was ₹41 as of Thursday, 03 July 2025. That indicates the IPO is trading at ₹286 with a ₹41 premium in the grey market against the issue price of ₹245.
