{"id":10644,"date":"2025-06-27T14:45:41","date_gmt":"2025-06-27T09:15:41","guid":{"rendered":"https:\/\/www.torusdigital.com\/toruscope\/?p=10644"},"modified":"2025-11-10T12:36:15","modified_gmt":"2025-11-10T07:06:15","slug":"crizac-ltd-ipo-opens-what-investors-need-to-know","status":"publish","type":"post","link":"https:\/\/www.torusdigital.com\/toruscope\/news\/crizac-ltd-ipo-opens-what-investors-need-to-know\/","title":{"rendered":"Crizac Ltd. IPO Opens: Key Details Investors Shouldn\u2019t Miss"},"content":{"rendered":"

[vc_section el_id=”blog-inner-layout”][vc_row overlay_dotted=””][vc_column el_class=”blog_primary”][vc_row_inner][vc_column_inner][vc_column_text css=””]Following a vibrant run of IPOs<\/a> in May and June 2025, India\u2019s primary markets continue to showcase healthy momentum. Retail investor appetite remains strong, with companies from diverse sectors tapping the capital markets. Riding this wave, Crizac Ltd., a global student recruitment solutions provider, is opening its public issue on July 2, 2025.<\/span>\u00a0<\/span><\/p>\n

Here\u2019s a comprehensive look at Crizac Ltd., its IPO structure, business fundamentals, and sectoral trends.<\/span>\u00a0<\/span><\/p>\n

<\/span>About Crizac Ltd.<\/span><\/b>\u00a0<\/span><\/span><\/h2>\n

Incorporated in 2011, Crizac Ltd. operates a B2B education platform that facilitates international student recruitment for institutions of higher education across the UK, Canada, Ireland, Australia, and New Zealand.<\/span>\u00a0<\/span><\/p>\n

As of September 2024, Crizac had over 7,900 registered agents on its proprietary platform, with 2,532 active agents across India and 25+ global markets, including the United Kingdom, Nigeria, Pakistan, Bangladesh, Nepal, Sri Lanka, Cameroon, Ghana, Kenya, Vietnam, Canada and Egypt. These agents helped the company process over 5.95 lakh student applications, collaborating with over 135 global institutions.<\/span>\u00a0<\/span><\/p>\n

The company operates with a lean, experienced workforce of 329 employees and 10 international consultants, with presence in countries like Cameroon, China, Ghana, and Kenya.<\/span>\u00a0<\/span><\/p>\n

<\/span>Crizac Ltd. IPO Details<\/span><\/b>\u00a0<\/span><\/span><\/h2>\n

Crizac\u2019s IPO is a pure Offer for Sale (OFS), aiming to raise \u20b9860 crore through the sale of 3.51 crore shares. The company will not receive any proceeds from the issue.<\/span>\u00a0<\/span><\/p>\n

<\/span>Important IPO Timeline<\/span><\/b>\u00a0<\/span><\/span><\/h2>\n\n\n\n\n\n\n\n\n\n\n
Event<\/span><\/b>\u00a0<\/span><\/td>\nDate<\/span><\/b>\u00a0<\/span><\/td>\n<\/tr>\n
IPO Open Date<\/span>\u00a0<\/span><\/td>\nJuly 2, 2025<\/span>\u00a0<\/span><\/td>\n<\/tr>\n
IPO Close Date<\/span>\u00a0<\/span><\/td>\nJuly 4, 2025<\/span>\u00a0<\/span><\/td>\n<\/tr>\n
Allotment Date (Tentative)<\/span>\u00a0<\/span><\/td>\nJuly 7, 2025<\/span>\u00a0<\/span><\/td>\n<\/tr>\n
Initiation of Refunds<\/span>\u00a0<\/span><\/td>\nJuly 8, 2025<\/span>\u00a0<\/span><\/td>\n<\/tr>\n
Credit of Shares to Demat<\/span>\u00a0<\/span><\/td>\nJuly 8, 2025<\/span>\u00a0<\/span><\/td>\n<\/tr>\n
Listing Date (Tentative)<\/span>\u00a0<\/span><\/td>\nJuly 9, 2025<\/span>\u00a0<\/span><\/td>\n<\/tr>\n
UPI Mandate Cut-off<\/span>\u00a0<\/span><\/td>\n5 PM on July 4, 2025<\/span>\u00a0<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/span>\u00a0<\/span>Key IPO Details<\/span><\/b> \u00a0<\/span><\/span><\/h2>\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Particulars<\/span><\/b>\u00a0<\/span><\/td>\nDetails<\/span><\/b>\u00a0<\/span><\/td>\n<\/tr>\n
Face Value<\/span>\u00a0<\/span><\/td>\n\u20b92 per share<\/span>\u00a0<\/span><\/td>\n<\/tr>\n
Price Band<\/span>\u00a0<\/span><\/td>\n\u20b9233 to \u20b9245 per share<\/span>\u00a0<\/span><\/td>\n<\/tr>\n
Lot Size<\/span>\u00a0<\/span><\/td>\n61 Shares<\/span>\u00a0<\/span><\/td>\n<\/tr>\n
Sale Type<\/span>\u00a0<\/span><\/td>\nOffer For Sale<\/span>\u00a0<\/span><\/td>\n<\/tr>\n
Total Issue Size<\/span>\u00a0<\/span><\/td>\n3,51,02,040 shares (aggregating up to \u20b9860.00 Cr)<\/span>\u00a0<\/span><\/td>\n<\/tr>\n
Net Offered to Public<\/span>\u00a0<\/span><\/td>\n3,51,02,040\u202fshares<\/span>
\n(aggregating up to \u20b9860.00\u202fCr)<\/span>\u00a0<\/span><\/td>\n<\/tr>\n
Offer Type<\/span>\u00a0<\/span><\/td>\nBookbuilding IPO<\/span>\u00a0<\/span><\/td>\n<\/tr>\n
Listing At<\/span>\u00a0<\/span><\/td>\nBSE, NSE<\/span>\u00a0<\/span><\/td>\n<\/tr>\n
Shareholding (Pre-Issue)<\/span>\u00a0<\/span><\/td>\n17,49,82,500 shares<\/span>\u00a0<\/span><\/td>\n<\/tr>\n
Shareholding (Post-Issue)<\/span>\u00a0<\/span><\/td>\n17,49,82,500 shares\u00a0<\/span>\u00a0<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/span>\u00a0<\/span>Lot Size of Crizac Ltd. IPO<\/span><\/b>\u00a0<\/span><\/span><\/h2>\n\n\n\n\n\n\n\n\n
Application Type<\/span><\/b>\u00a0<\/span><\/td>\nLots<\/span><\/b>\u00a0<\/span><\/td>\nShares<\/span><\/b>\u00a0<\/span><\/td>\nAmount<\/span><\/b>\u00a0<\/span><\/td>\n<\/tr>\n
Retail (Min)<\/span>\u00a0<\/span><\/td>\n1<\/span>\u00a0<\/span><\/td>\n61<\/span>\u00a0<\/span><\/td>\n\u20b914,945<\/span>\u00a0<\/span><\/td>\n<\/tr>\n
Retail (Max)<\/span>\u00a0<\/span><\/td>\n13<\/span>\u00a0<\/span><\/td>\n793<\/span>\u00a0<\/span><\/td>\n\u20b91,94,285<\/span>\u00a0<\/span><\/td>\n<\/tr>\n
S-HNI (Min)<\/span>\u00a0<\/span><\/td>\n14<\/span>\u00a0<\/span><\/td>\n854<\/span>\u00a0<\/span><\/td>\n\u20b92,09,230<\/span>\u00a0<\/span><\/td>\n<\/tr>\n
S-HNI (Max)<\/span>\u00a0<\/span><\/td>\n66<\/span>\u00a0<\/span><\/td>\n4,026<\/span>\u00a0<\/span><\/td>\n\u20b99,86,370<\/span>\u00a0<\/span><\/td>\n<\/tr>\n
B-HNI (Min)<\/span>\u00a0<\/span><\/td>\n67<\/span>\u00a0<\/span><\/td>\n4,087<\/span>\u00a0<\/span><\/td>\n\u20b910,01,315<\/span>\u00a0<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/span>Crizac Ltd. Financials<\/span><\/b>\u00a0<\/span><\/span><\/h2>\n

Crizac has demonstrated strong financial performance over the years, with consistent revenue and PAT growth. The company reported a 29% increase in PAT and 16% revenue growth between FY24 and FY25.<\/span>\u00a0<\/span><\/p>\n

<\/span>\u00a0<\/span>Key Performance Indicators (as of Mar 31, 2025)<\/span><\/b>\u00a0<\/span><\/span><\/h3>\n