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Crizac Lists at 14.71% Premium

By Ankur Chandra | Published at: Jul 9, 2025 12:04 PM IST

Crizac Lists at 14.71% Premium
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Mumbai, July 9, 2025 – Crizac Limited made an impressive debut on the stock exchanges today, listing at ₹281.05 per share with a 14.71% premium, significantly higher than its issue price. The listing price marks a robust start for the B2B education platform.

The ₹860-crore IPO was entirely an offer for sale by current shareholders from the promoter group, Pinky Agarwal and Manish Agarwal, with the company receiving no proceeds from the sale.

As of 11:03 AM, the stock was trading at ₹293.50, up 4.43% for the morning session.

Key Listing Highlights

  • Listing Date: July 9, 2025
  • IPO Price: ₹245
  • Listing Price: ₹281.05
  • Gain on Listing: ₹36.05
  • Percentage Gain: 14.71%
  • Day’s High/Low:     ₹295.65/₹275.00
  • Traded Volume: 287.93 lakh shares
  • Traded Value: ₹819.62 crore
  • Total Market Cap: ₹5,144.49 crore
  • VWAP (Volume Weighted Average Price): ₹284.65

In early trade, investor sentiment appeared bullish. The stock hit its 52-week high and low simultaneously at ₹295.65 and ₹ 275.00, marking its first trading day.

Price Band & Regulatory Details

  • Applicable Price Band: ₹252.94 – ₹309.15
  • Tick Size: ₹0.01
  • Face Value: ₹2
  • Applicable Margin Rate: 25%
  • Trading Status: Active
  • Listing Exchange: NSE

The enthusiastic response follows Crizac’s successful ₹860 crore IPO, which was entirely an offer for sale by promoters and backed by ₹258 crore from institutional anchor investors.

Outlook

Built on the momentum of its heavily oversubscribed IPO, Crizac had a strong market debut. While the demand was underpinned by robust institutional demand and investor confidence in its cross-border education platform, the positive listing and sustained intraday gains suggest continued interest, particularly as the business model aligns with global trends in education demand.

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Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations

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