Crizac Limited, one of the leading education platforms in India is planning to raise INR 860 crore via IPO.
[Fresh Issue NIL + OFS 860 crore]
Crizac ipo share price is INR 233 – 245 per share
Crizac: History
The Company was originally incorporated as GA Educational Services Private Limited in Kolkata (India) as a private limited company under the Companies Act, 1956 on January 03, 2011.
The Company was converted into a public limited company under a special resolution passed by the shareholders on December 27, 2023, and its name was changed to Crizac Limited under a fresh certificate of incorporation issued by the RoC on February 13, 2024.
Crizac: Business
Crizac Limited is a B2B (business-to-business) education platform for agents and global institutions of higher education. It offers international student recruitment solutions to global institutions of higher education in Canada, the UK, the Republic of Ireland, Australia, and New Zealand.
According to F&S Report, Crizac is one of the largest student recruitment solutions providers from India to the UK with a market share of close to 13 percent in terms of the number of students going from India to the UK to pursue higher education in the year 2023.
During the 6 month period ended September 30, 2023, and FY 2021, 2022, and 2023, the Company has processed over 3.82 lakh student applications while working with over 140 global institutions of higher education.
Between FY 2015 and 2025, the company recorded a remarkable 100.18 percent Compound Annual Growth Rate (CAGR) in revenue from operations, reflecting its rapid and scalable business growth in the international education sector.
Network
As of December 31, 2023, the Company had a team of 210 employees and 10 consultants with extensive experience of the international educational landscape.
LAST ARTICLE – HDB Financial Services IPO review
Strategies Ahead
- Deepening and augmenting agent network in India and abroad
- Expanding geographic footprint and establishing relationships with global institutions of higher education in the USA
- Diversify service offerings
- Enhance brand profile including online presence and implement more efficient marketing strategies.
- Inorganic growth to foray into the B2C business model
- Enhancing proprietary technology platform
Company Promoters
- Dr. Vikash Agarwal,
- Pinky Agarwal,
- Manish Agarwal
IPO Details
Crizac ipo date = 2 July to 4 July 2025
Minimum Amount = INR 14,945
Minimum Bid = 61 Shares
Face Value (FV) = INR 2
Listing On = NSE, BSE
Book Running Lead Managers
Equirus Capital Private Limited,
Anand Rathi Securities Limited
Financials
CONCLUSION
FinBlab recommends ‘SUBSCRIBE‘ ratings on Crizac IPO (keeping a long-term view in mind)
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