Crizac Limited is a Kolkata-based B2B education platform that offers international student recruitment services across the UK, Canada, Ireland, Australia & New Zealand. The promoter-only OFS (Offer for Sale) IPO, worth ₹1,000 Cr, is live from 2–4 July 2025. Here's an in-depth guide for ipogyan.in readers.
📌 IPO Highlights
- OFS Size: ₹1,000 Cr (Promoters Pinky & Manish Agarwal) :contentReference[oaicite:2]{index=2}
- Price Band: Not yet announced (face value ₹2) :contentReference[oaicite:3]{index=3}
- IPO Open: 2 July 2025
- IPO Close: 4 July 2025 :contentReference[oaicite:4]{index=4}
- Allotment: 7 July 2025
- Refund & Demat Credit: 8 July 2025
- Listing: 9 July 2025 on BSE & NSE :contentReference[oaicite:5]{index=5}
🏢 About Crizac Limited
Founded in 2011, Crizac manages student recruitment for 140+ global institutions. As of Sep 2024, it processed 5.95 lakh applications, has ~7,900 registered agents (2,532 active), operates in 75+ countries, and has presences in London and Kolkata :contentReference[oaicite:6]{index=6}.
📈 Financial Snapshot
| Period | Revenue (₹ Cr) | PAT (₹ Cr) |
|---|---|---|
| FY 2023‑24 | ₹658.6 | ₹117.9 |
| FY 2024‑25 | ₹884.8 | ₹152.9 |
Solid year-on-year growth with a 17% PAT margin and ROE ~30% :contentReference[oaicite:7]{index=7}.
🔥 Grey Market & Investor Sentiment
No Grey Market Premium data yet, but SEBI approval has boosted visibility. OFS by promoters often sees stable listing performance.
✅ How to Check Allotment Status
- Visit registrar (Link Intime) or BSE/NSE IPO allotment page.
- Select “Crizac Limited IPO”.
- Enter PAN, application number, or Demat ID.
- Click Submit to view allotment status.
📲 How to Apply via Zerodha (Kite)
- Login → Console → IPO section
- Find “Crizac IPO”
- Enter UPI ID, lot size (once announced), bid at upper band
- Submit & approve UPI mandate
📱 How to Apply via Paytm Money, Groww, Upstox, Angel One & Others
Follow the same process: login → IPO tab → select Crizac → fill lot and bid price → submit & approve UPI.
⭐ Simple Tips for Promoter OFS IPO
- Apply at upper band once disclosed.
- Use multiple Demat accounts for more chances.
- Approve UPI mandate early.
- Apply on Day 1 for smoother confirmation.
📚 Related IPO Posts
Disclaimer: This content is for educational purposes only. Investing in IPOs carries risk; consult a financial advisor before investing.
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