Crizac IPO

Crizac Limited, established in 2011, is a global B2B education platform facilitating international student recruitment for higher education institutions in the UK, Canada, Australia, Ireland, and New Zealand. With over 7,900 agents worldwide and proprietary technology, it connects students from 75+ countries to 135+ institutions. Crizac processed nearly 5.95 lakh applications and had 329 employees as of September 2024.

Crizac Limited IPO Overview

Crizac IPO is a bookbuilding issue worth ₹860.00 crores, consisting entirely of an offer for sale of 3.51 crore equity shares. The IPO opens for subscription on July 2, 2025, and closes on July 4, 2025. The allotment is expected to be finalised on July 7, 2025, with a tentative listing on BSE and NSE scheduled for July 9, 2025. The price band for the IPO is set between ₹233 to ₹245 per share. The minimum lot size is 61 shares, requiring a minimum investment of ₹14,213. However, investors are advised to apply at the cut-off price, amounting to ₹14,945, to improve chances in case of oversubscription. For sNII investors, the minimum application is 14 lots (854 shares) costing ₹2,09,230, while bNII investors must apply for a minimum of 67 lots (4,087 shares), amounting to ₹10,01,315. Equirus Capital Private Limited is the book-running lead manager for the issue, and MUFG Intime India Private Limited (Link Intime) is the registrar.

Crizac Limited IPO Details

Crizac Limited IPO Reservation

Crizac Limited IPO Lot Size

Crizac Limited IPO Promoter Holding

Crizac Limited IPO Valuation Overview

Objectives of the Proceeds

• This is a complete Offer for Sale; company will not receive any IPO proceeds.

Key Financials (in ₹ crore)