Crizac IPO Date, Price, Details
The Crizac IPO is scheduled to open on July 2, 2025, and will close on July 4, 2025. It is a Book Built Issue with a total size of approximately ₹860 crores, entirely comprising a fresh issue. The offer also includes a portion of shares for sale, with a face value of ₹2 per share.
The price band for the IPO is yet to be disclosed. Allocation is divided with 35% reserved for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for High Net-Worth Individuals (HNIs). Crizac is expected to debut on both the BSE and NSE on July 9, 2025, while the allotment is likely to be finalized by July 7, 2025.
In terms of financial performance, the company posted a revenue of ₹884.78 crores for FY 2025, up from ₹658.62 crores in FY 2024. Net profit also rose to ₹152.93 crores in 2025, compared to ₹117.92 crores the previous year.
Crizac IPO Market Lot Size
The Crizac IPO minimum market lot is [.] shares with ₹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares of ₹[.] amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | – | ₹- |
Retail Maximum | 13 | – | ₹- |
S-HNI Minimum | 14 | – | ₹- |
Crizac IPO Details
IPO Open Date: | July 2, 2025 |
IPO Close Date: | July 4, 2025 |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹[.] to ₹[.] Per Share |
Issue Size: | Approx ₹860 Crores |
Fresh Issue: | Approx ₹860 Crores |
Issue Type: | Book Build Issue |
IPO Listing: | BSE & NSE |
Retail Quota: | Not more than 35% |
QIB Quota: | Not more than 50% |
NII Quota: | Not more than 15% |
Crizac IPO Valuation – FY2025 (KPI)
Explore key valuation metrics of the Crizac IPO, including Earnings Per Share (EPS), Price-to-Earnings (P/E) ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV).
KPI | Values |
ROE: | 30.38% |
ROCE: | -% |
EBITDA Margin: | 25.05% |
PAT Margin: | 17.28% |
Debt to equity ratio: | – |
Earning Per Share (EPS): | ₹8.74 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 30.24% |
Net Asset Value (NAV): | ₹28.90 |
Crizac IPO Company Financial Report
In the financial year 2025, the company recorded a revenue of ₹884.78 crores, marking a rise from ₹658.62 crores in 2024. Net profit also grew to ₹152.93 crores in 2025, compared to ₹117.92 crores in the previous year.
(All figures in ₹ crores)
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2024 | ₹658.62 | ₹396.96 | ₹117.92 | ₹591.03 |
2025 | ₹884.78 | ₹682.34 | ₹152.93 | ₹877.74 |
Crizac IPO Dates
The Crizac IPO date is July 2 and the close date is July 4. The Crizac IPO allotment will be finalized on July 7 and the IPO listing on July 9.
IPO Open Date: | July 2, 2025 |
IPO Close Date: | July 4, 2025 |
Basis of Allotment: | July 7, 2025 |
Refunds: | July 8, 2025 |
Credit to Demat Account: | July 8, 2025 |
IPO Listing Date: | July 9, 2025 |
Promoters of Crizac IPO
The promoters of the company are Dr. Vikash Agarwal, Pinky Agarwal and Manish Agarwal.
About Crizac IPO
Established in 2011, Crizac Limited is a rapidly expanding education platform that specializes in international student recruitment services for institutions across the UK, Canada, Ireland, Australia, and New Zealand. Between FY 2022 and FY 2024, the company facilitated over 5.95 lakh student applications from more than 75 countries, partnering with over 135 global educational institutions.
As of September 2024, Crizac worked with approximately 7,900 agents worldwide. Of these, 2,532 were active during FY24 — including 1,524 based in India and 1,008 across more than 25 countries such as the UK, Nigeria, Pakistan, Bangladesh, Nepal, Sri Lanka, Cameroon, Ghana, Kenya, Vietnam, Canada, and Egypt.
The company’s workforce includes a dedicated team of 210 employees supported by 10 consultants.
Peer Group Comparison
Company | EPS | PE Ratio | RoNW % | NAV | Income |
Indiamart Intermesh Ltd | 91.84 | 27.18 | 25.20 | 363.43 | 1388.34 Cr. |
IDP Education Ltd (AUD) | 0.48 | 7.86 | 25.51 | 1.88 | 103.73 Cr. |
Objects of the Issue
To expand business operations and enter new international markets
To invest in and upgrade technology platforms and infrastructure
To meet working capital requirements
To repay or prepay certain outstanding borrowings
To cover general corporate purposes
Merchant Bankers
- Equirus Capital Private Limited
- Anand Rathi Securities Limited
Company Address
Crizac Limited
Wing A, 3 rd Floor, Constantia Building,
11, Dr. U.N. Brahmachari Street,
Shakespeare Sarani,
Kolkata, West Bengal, 700017
Phone: +91 33 3544 1515
Email: [email protected]
Website: http://www.crizac.com/
Crizac IPO Registrar
MUFG Intime India Private Limited
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Check Grey market premium at below
(GMP)