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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Crizac Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹245
Per ShareLot Size
61 Shares
Minimum Investment
₹14,945
Issue Size
₹860 Cr
Face Value
₹2
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
100%
Promoter Holding (Post-Issue)
79.94%
Issue Type
Book Building
ISIN
INE0S4R01014
The Company is a B2B (Business to Business) education platform for agents and global institutions of higher education offering international student recruitment solutions to global institutions of higher education in United Kingdom, Canada, Republic of Ireland, Australia and New Zealand (ANZ). Student recruitment solutions from India into the United Kingdom is its strength as a result of its strong relationships built over time with global institutions of higher education in the United Kingdom. The Company also works in close collaboration with global institutions of higher education, which has helped it in developing expertise and understanding of their recruitment preferences and develop bespoke strategies that reflect and highlight their unique goals and strengths.
Increasing globalization, coupled with the pursuit of quality education and international exposure, has led to a surge in demand for studying abroad. Students and parents are increasingly recognizing the value of acquiring a global perspective, accessing world-class educational institutions, and experiencing diverse cultures. The global education market, valued at approximately USD 6 trillion in 2024, is projected to expand to around USD 7.4 trillion by 2030. Total Indian students pursuing higher education abroad increased to about an estimated 14,80,000 by 2023. The total number of Indian students studying abroad is expected to reach 25,00,000 by 2030 growing at a CAGR of 7.8% (2023-2030).
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offer of up to 35,102,040 equity shares of face value of Rs. 2 each (equity shares) of Crizac Limited (company) for cash at a price of Rs.245 per equity share (including a share premium of Rs.243 per equity share) (offer price) (offer) through an offer for sale of up to 35,102,040 equity shares aggregating up to Rs. 860.00 crores by the selling shareholders (offer for sale) comprising up to 55,91,836 equity shares aggregating up to Rs. 137.00 crores by Manish Agarwal and up to 29,510,204 equity shares aggregating up to Rs. 723.00 crores by Pinky Agarwal (each, the selling shareholder).The face value of the equity shares is Rs. 2 each and the offer price is 122.5 times the face value of the equity shares. the offer will constitute 20.06% of the post offer paid-up equity share capital of the company.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
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*Real-time data subject to exchange updates
Crizac Limited was originally incorporated as `GA Educational Services Private Limited', at Kolkata as a private limited company under the provisions of Companies Act, 1956 and received a certificate of incorporation issued by the RoC, on January 03, 2011. Thereafter, pursuant to a special resolution passed by the shareholders of the Company passed in their meeting on March 24, 2012, the name of our Company was changed to `GA Solutions Private Limited', and a fresh certificate of incorporation dated May 16, 2012 was issued to the Company by the RoC. Subsequently, pursuant to a special resolution passed by the shareholders of the Company passed in their meeting on November 10, 2023, the name of the Company was changed to `Crizac Private Limited', and a fresh certificate of incorporation dated December 15, 2023, was issued to the Company by the RoC. Thereafter, the Company was converted into a public limited company pursuant to a special resolution passed by the shareholders of the Company passed in their meeting on December 27, 2023 and the name of the Company was changed to its present name `Crizac Limited' pursuant to a fresh certificate of incorporation issued by the RoC on February 13, 2024.
Wholesaler and Retailer
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.