The Crizac IPO is set to open on July 2, 2025, and will close on July 4, 2025. It is a Book Built Issue, with the company planning to raise approximately ₹860 crores through a fresh issue of ₹860 crores, along with an offer for sale of up to [.] equity shares, each having a face value of ₹2.

The price band for the IPO is fixed between ₹233 and ₹245 per share. The issue allocation includes 35% for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for High Net-worth Individuals (HNIs). The shares are scheduled to be listed on both the BSE and NSE on July 9, 2025, and the allotment date is set for July 7, 2025.

For the financial year 2025, the company recorded revenue of ₹884.78 crores, up from ₹658.62 crores in 2024. Its profit also increased to ₹152.93 crores in 2025 from ₹117.92 crores the previous year. Based on this strong financial performance, the IPO appears favorable for long-term investment.

About Crizac IPO

Crizac Limited, established in 2011, is a rapidly growing education platform that provides international student recruitment solutions to institutions across the United Kingdom, Canada, the Republic of Ireland, Australia, and New Zealand (ANZ). Over the fiscal years 2022, 2023, and 2024, the company has processed student applications from more than 75 countries, receiving a total of 5.95 lakh applications for higher education and collaborating with over 135 global institutions. As of September 2024, Crizac Limited had a global network of approximately 7,900 agents. In FY24, 2,532 of these agents were active, including 1,524 based in India and around 1,008 spread across more than 25 countries such as the UK, Nigeria, Pakistan, Bangladesh, Nepal, Sri Lanka, Cameroon, Ghana, Kenya, Vietnam, Canada, and Egypt. The company operates with a workforce of 210 employees and is supported by 10 consultants.

Objects of the Issue (JNK India IPO Objectives)

• To be updated soon

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• Canara Bank
• DRChoksey FinServ
• Emkay Globally
• Hem Securities
• IDBI Capital
• Marwadi Shares
• Nirmal Bang
• SBICAP Securities
• Sharekhan
• SMC Global
• Sushil Finance
• Swastika Investmart
• Ventura Securities
• Geojit
• Reliance Securities
• Capital Market
• BP Wealth
• ICICIdirect
• Choice Broking

Crizac IPO Company Financial Report

Crizac IPO Company Financial Report