Crizac IPO Allotment Finalised; Shares to Be Credited on July 8 Ahead of July 9 Listing

Mumbai, 7 July 2025: The allotment status for Crizac’s ₹860 crores initial public offering (IPO) is expected to be finalised today, with equity shares set to be credited to successful applicants’ demat accounts on Tuesday, 8 July 2025. The company’s highly awaited stock market debut on the NSE and BSE is scheduled for Wednesday, 9 July 2025, drawing close attention from investors following the issue’s strong subscription performance.

Crizac’s ₹860 Crore IPO Receives Subscription Across Investor Segments

The book-built IPO, which ran from 2 to 4 July, comprised a pure offer-for-sale (OFS) of 3.51 crore equity shares at a fixed price band of ₹245 per share. Retail investors could apply for a minimum lot of 61 shares, requiring an investment of ₹14,213. The offer attracted widespread participation, reflecting confidence in Crizac’s business fundamentals.

Overwhelming Demand from Institutional and Non-Institutional Investors

Crizac IPO was oversubscribed by 62.89 times overall, with particularly strong interest from institutional buyers. Category-wise subscription breakdown is as follows:

• Retail Investors: 10.74 times
• Qualified Institutional Buyers (QIBs): 141.27 times
• Non-Institutional Investors (NIIs): 80.07 times

The high oversubscription ratio suggests robust investor confidence and sets expectations for a potentially strong listing performance on debut.

Refunds to Be Processed on July 8; Allotment Status Accessible Online

Applicants who did not receive an allotment will receive refunds on 8 July 2025. Investors can check their allotment status through the registrar, MUFG Intime India Private Limited (formerly Link Intime), or via the NSE and BSE official websites. The allotment process follows the standard IPO protocol governed by SEBI regulations.

Listing Day to Gauge Market Sentiment After Heavy Oversubscription

Crizac’s shares are scheduled to list on 9 July 2025. Given the significant oversubscription, market watchers will monitor the opening price premium, early trading trends, and investor sentiment closely. The stock’s performance on the debut day will offer insights into investor expectations and Crizac’s potential in the secondary market.

The IPO’s success has already positioned Crizac as one of the most talked-about listings of the quarter, and attention now shifts to its listing valuation and post-listing performance.

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