India’s IPO market continued its strong momentum as Crizac Ltd [NSE: CRIZAC] made an impressive entry into the stock exchanges. The company, which operates as a B2B international student recruitment platform, saw its shares list at a significant premium, reflecting robust investor appetite.
On 9 July 2025, Crizac’s debut performance underscored the market’s confidence in the education services sector, further adding to the growing list of successful IPOs this year.
Listing Performance on Debut Day
Crizac shares listed at ₹281.05 per share on the NSE, marking a 14.71% premium over the issue price of ₹245 per share. On the BSE, the stock debuted at ₹280 per share, reflecting a 14.29% listing gain.
By the end of its first trading session, Crizac shares settled at ₹306 per share on NSE, closing nearly 9% higher from its opening price and 24.9% higher than its issue price. The company’s market capitalisation stood at ₹5,379.84 crore, reflecting the strong investor response.
Robust Subscription Reflects Investor Confidence
Crizac’s IPO witnessed nearly 60 times subscription for its ₹860-crore public issue, which was open from 2–4 July 2025 within a price band of ₹233–₹245 per share. The overwhelming subscription indicates strong institutional and retail interest in the company’s business model and future growth prospects.
About Crizac Ltd.
Crizac Ltd, based in Kolkata, is a B2B education platform specialising in international student recruitment solutions. The company partners with agents and global institutions to facilitate student enrolment in higher education institutions across the UK, Ireland, Canada, Australia, and New Zealand.
With its niche focus on global education services, Crizac aims to bridge the gap between aspiring students and international universities, streamlining the admissions process through technology-enabled solutions and agent networks.
Position in the Market and Sector Outlook
The success of Crizac’s listing highlights the growing interest in education technology and services companies in India’s capital markets. As students increasingly seek global education opportunities, platforms like Crizac are positioned to benefit from rising cross-border student mobility and strategic collaborations with universities worldwide.
India’s IPO market has seen strong momentum in 2025, driven by positive investor sentiment, stable macroeconomic factors, and the appetite for differentiated business models across sectors. Crizac’s debut adds to this optimism, signalling robust confidence in companies with clear sector leadership and scalable offerings.
Conclusion
Crizac’s stock market debut on 9 July 2025 demonstrated impressive investor confidence, with its shares listing at a healthy premium of nearly 15% and closing 9% higher on debut day. The company’s strong performance reflects market trust in its role as a leading B2B education solutions provider, connecting students with top global institutions efficiently. As India’s IPO market continues to thrive, Crizac’s listing reaffirms the potential of education-focused businesses to deliver value to investors and stakeholders alike.
