Crizac Limited IPO 2025 – Complete Guide: Dates, Subscription, Allotment & Listing
Crizac Limited IPO 2025 is all set to hit the NSE SME platform on July 14, 2025, following a subscription window between July 2–4. With a firm price band of ₹233–₹245 and ~219,090 total applications, this Crizac Limited IPO 2025 presents significant investor interest. A Grey Market Premium (GMP) of ~₹2 (~2%) demonstrates realistic listing expectations.
Crizac Limited IPO 2025 – Timeline & Important Dates
- IPO Open: July 2, 2025
- IPO Close: July 4, 2025
- Allotment Finalized: July 7, 2025
- Refunds & Demat Credit: July 8, 2025
- Listing Date: July 14, 2025
Issue Details of Crizac Limited IPO 2025
- Price Band: ₹233–₹245 per share
- Lot Size: 61 shares (~₹14,945 minimum)
- Total Issue Size: ₹860 crore (Offer for Sale)
- List On: NSE & BSE SME Exchange
Crizac Limited IPO Subscription Data
The IPO received approximately 219,090 applications. Subscription break-up:
- QIB: ~134× oversubscribed
- NII: ~76× oversubscribed
- Retail investors: ~10× oversubscribed
- Total: ~60× subscription
This indicates strong institutional and retail interest in Crizac Limited IPO 2025.
GMP & Expected Listing Gain for Crizac IPO
Current GMP stands around ₹2/share (~2%), indicating moderate listing gains. Following the GMP, the issue listed at ~₹333/share (~15% premium) despite bearish market conditions.
About Crizac Limited – Company Profile
Founded in 2011, Crizac Limited is an educational B2B platform linking universities from the UK, Canada, Ireland, Australia, and New Zealand with agents in 75+ countries. In FY 25: 711,000+ applications, 10,362 agents registered and 3,948 active across 39 countries.
Business Reach & Tech Platform
- 173+ universities onboarded
- AI-enabled agent management & lead analytics
- Services: admissions, visa support, counseling
Financial Performance of Crizac Limited 2023–2024
| FY Year | Revenue (₹ Cr) | Net Profit (₹ Cr) | ROE |
|---|---|---|---|
| FY 23 | 763.4 | 118.9 | ~35% |
| FY 24 | 884.8 | 152.9 | ~30% |
Revenue grew ~16%, margins expanded and return on equity remains robust at 30–35%.
IPO Objectives of Crizac Limited
This is a full OFS. Funds will be used by selling shareholders; company will not retain fresh capital.
Strengths & Risks in Crizac Limited IPO 2025
Strengths
- Global agent-driven B2B model
- Healthy operating margins (~18%)
- Asset-light technology-driven business
- Strong QIB subscription (134×)
Risks
- OFS structure – no fresh fund infusion
- SME IPOs can be volatile and illiquid
- Dependent on global education-market dynamics
Crizac Limited IPO – Investment Strategy
- Short-Term: GMP (~2–5%) may offer listing gains. Buyers should time closely with allotment.
- Long-Term: Strong business model & high ROE makes it a potential multi-year growth pick.
- Due Diligence: Watch agent retention, student inflow patterns in key geographies.
Conclusion: Should You Invest in Crizac Limited IPO 2025?
Crizac Limited IPO 2025 combines strong global reach, robust profitability, and solid investor interest. With listing already done at ~15% premium, investors can weigh short-term returns vs long-term potential. Though it’s OFS, fundamentals remain compelling. Conduct due diligence before deciding.
Disclaimer: This article is for educational purposes only and not financial advice.
