Crizac IPO had a power-packed debut on the BSE today. The stock opened at Rs 280, giving a strong 12.5% premium over the issue price of Rs 245. But that was just the beginning. It climbed even higher, hitting a day-high of Rs 293.80 before settling at Rs 293.50—up 19.8%.
The buzz was real. Over 22.24 lakh shares changed hands on Day 1. Investors clearly liked what they saw.
Quick Look at the IPO Details
The Crizac IPO was open for bidding from 2 to 4 July 2025. The price band was set between Rs 233 and Rs 245. Each investor could apply for a minimum of 61 shares.
This IPO was a pure offer-for-sale. A total of 3.51 crore equity shares were up for grabs. Promoter Pinky Agarwal cashed out Rs 723 crore, while Manish Agarwal sold shares worth Rs 137 crore.
Ahead of the listing, Crizac raised Rs 10 crore from anchor investors on 1 July 2025. The company allotted 4.08 lakh shares at Rs 245 to 19 institutional buyers.
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Who Is Crizac?
Crizac is not your regular ed-tech firm. It’s a B2B global education platform founded in 2011. It helps international universities in student recruitment. Crizac connects institutions from the UK, Canada, Ireland, Australia, and New Zealand with students from across the globe.
The company has processed over 7.11 lakh applications from more than 75 countries. It works with over 10,000 agents and has tied up with 173 global colleges. Crizac also has a presence in Ghana, China, Kenya, and Cameroon.
In November 2023, it fully acquired Crizac UK, strengthening its hold in the global market.
Strong Financials
Crizac is not just running on hype. It reported a solid net profit of Rs 152.93 crore and revenue of Rs 849.49 crore for the year ending 31 March 2025. That’s a strong reason why investors showed confidence today.
As of March 2025, the company had 368 employees and 12 consultants across its network.
Crizac IPO made a bold entry and sent a clear message—Indian ed-tech can go global and win big. With strong financials, a global footprint, and a focused business model, Crizac is one to watch.
This debut wasn’t just good. It was textbook perfect.
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