Crizac IPO 2025: Price, Dates, GMP, Allotment & Full Review of Crizac Limited IPO
If you're following the Crizac IPO, here’s everything you need to know—written in a clear, no-nonsense format. This guide covers the Crizac Limited IPO details, including dates, price band, financials, application process, and the latest updates on the Crizac IPO GMP (grey market premium).
What is the Crizac IPO?
The Crizac Limited IPO is a mainboard issue of ₹860 crore. It involves the sale of 3.51 crore equity shares through an offer for sale (OFS), which means the company will not receive any fresh funds from this issue. The IPO is aimed purely at enabling existing shareholders to offload their stakes.
Key Details
IPO Opening Date: July 2, 2025
IPO Closing Date: July 4, 2025
Listing Date: July 9, 2025 (on both NSE and BSE)
Price Band: ₹233 to ₹245 per share
Lot Size: 61 shares
Registrar: MUFG Intime India Pvt. Ltd.
Crizac IPO GMP: Not available yet (may become active closer to the listing date)
About Crizac Limited
Established in 2011, Crizac Limited is a global B2B platform that connects education agents with international universities. It primarily helps students from over 75 countries in applying to higher education institutions in the UK, Canada, Ireland, Australia, and New Zealand.
Over 7,900 registered agents globally
2,532 active agents in FY24 (with 40% outside India)
Close to 6 lakh applications processed
Tie-ups with 135+ reputed universities and colleges worldwide
Crizac IPO Price Band and GMP Status
Price Range: ₹233 to ₹245 per equity share
Crizac IPO GMP: Currently inactive. However, grey market movements often pick up in the days leading to the listing.
Important Dates for Investors
Issue Opens: July 2, 2025
Issue Closes: July 4, 2025
Allotment Finalization: July 7, 2025
Refund Process Begins: July 8, 2025
Listing on Exchanges: July 9, 2025
Financial Performance of Crizac Limited
FY22–23
Revenue: ₹517.85 crore
Net Profit: ₹112.14 crore
Total Assets: ₹305 crore
Net Worth: ₹221.4 crore
FY23–24
Revenue: ₹763.44 crore
Net Profit: ₹118.90 crore
Assets: ₹592.9 crore
Net Worth: ₹341.8 crore
H1 FY24–25
Revenue: ₹884.78 crore
Net Profit: ₹152.93 crore
Assets: ₹879.6 crore
Net Worth: ₹505.7 crore
Other Highlights
Generated ₹187.2 crore cash flow from operations
Total borrowings remain extremely low at ₹0.08 crore
Why Consider the Crizac Limited IPO?
Strong global presence across 75+ countries
Tech-driven education platform supporting agents and universities
Nearly 600,000 student applications processed
Robust financials and minimal debt burden
Key Risks to Be Aware Of
Overdependence on a limited number of institutional partners
Reliance on agent performance and retention
Premium valuation: Crizac IPO’s P/E ratio stands at 28.0x vs industry average of 17.5x
How to Apply for the Crizac IPO
Log in to your Demat/trading account
Go to the IPO section and select “Crizac IPO”
Place bids in lots of 61 shares within the ₹233–₹245 price band
Confirm your application and complete payment
Check the Crizac IPO allotment status on July 7, 2025, through the registrar’s website
Watch for the listing on July 9, 2025, on NSE and BSE
Frequently Asked Questions
Q: What are the dates for the Crizac IPO?
A: The IPO will be open from July 2 to July 4, 2025.
Q: What is the Crizac IPO price range?
A: ₹233 to ₹245 per share.
Q: Is this a fresh issue?
A: No, this is an offer for sale (OFS) only.
Q: What is the current Crizac IPO GMP?
A: As of now, the Crizac IPO GMP has not been reported.
Q: When can I check the allotment status?
A: The allotment will be finalized on July 7, 2025.
Conclusion
The Crizac Limited IPO offers a promising opportunity to invest in a globally connected, tech-enabled education services platform. Despite concerns over valuation and dependency on its agent model, the company’s strong financials, near-zero debt, and operational scale make the Crizac IPO a compelling choice for investors with a medium to long-term outlook. Keep an eye on the Crizac IPO GMP closer to listing, and always match your decision with your risk profile.
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