IPO - Initial Public Offerings

 CRIZAC

  

CRIZAC LIMITED IPO

02 Jul, 10:00 AM

Issue Open

04 Jul, 05:00 PM

Issue Close

61

Lot Size

₹ 233.00 – ₹ 245.00

Price Range

IPO Issue Details

Issue size 860.00 Cr
Market Price 245.00
Registrar MUFG Intime India Private Limited
Face Value RS.10 /- Per share
Listing at NSE BSE

About

CRIZAC LIMITED IPO
Incorporated in 2011, Crizac Limited is a B2B education platform for agents and global institutions of higher education offering international student recruitment solutions to global institutions of higher education in the United Kingdom, Canada, the Republic of Ireland, Australia and New Zealand (ANZ). For the 6 months ended September 30, 2024, and Fiscals March 31, 2024, March 31, 2023, and March 31, 2022, the company sourced applications for enrollment into global institutions of higher education from over 75 countries through our agents globally who are registered on our proprietary technology platform. The company processed over 5.95 lakh student applications while working with over 135 global institutions of higher education. As of September, 2024, the company have around 7,900 agents globally who are registered on the proprietary technology platform and during Fiscal 2024, we had 2,532 active agents (i.e., agents from whom the Company has received applications during Fiscal 2024) (Active Agents) comprising 1,524 Active Agents in India and around 40% Active Agents i.e., 1,008 Active Agents in over 25 countries overseas including United Kingdom, Nigeria, Pakistan, Bangladesh, Nepal, Sri Lanka, Cameroon, Ghana, Kenya, Vietnam, Canada and Egypt. The company has consultants in multiple countries, including Cameroon, China, Ghana, and Kenya. As of September 30, 2024, the company had a team of 329 employees and 10 consultants with extensive experience in the international educational landscape.

IPO Lot Size

Category Lots Shares Amount
Retail (Upto 2 Lakh) 1 61 ₹ 14,945.00
Retail  (Upto 2 Lakh) 13 793 ₹ 1,94,285.00
S-HNI  (2 Lakh to 10 Lakh) 14 854 ₹ 2,09,230.00
S-HNI  (2 Lakh to 10 Lakh) 66 4026 ₹ 9,86,370.00
B-HNI  (Above 10 Lakh) 67 4087 ₹ 10,01,315.00

IPO TimeLine

Open Date 02-Jul-2025
Close Date 04-Jul-2025
Basis of Allotment Date 07-Jul-2025
Initiation of Refunds 08-Jul-2025
Credit Shares to Demat A/c 08-Jul-2025
IPO Listing Date 09-Jul-2025