While the global education market is anticipated to reach USD 7.4 trillion, the number of Indians studying abroad is estimated to be 25,00,000 by 2030. Backed by this growth prospect, Crizac Limited, a B2B international student recruitment provider, is set to launch its IPO.
The lead managers of the Crizac IPO are Anand Rathi Advisors Limited and Equirus Capital Private Limited. The registrar for the Crizac Limited IPO is MUFG Intime India Private Limited.
Check out its RHP for more details.
Note: For 50% of the shares, the anchor lock-in period expires 30 days following the actual allocation, and for the remaining part, it ends 90 days later.
Understanding the Crizac IPO details is incomplete without taking a keen look at the company profile, which might unveil operational highlights.
This section covers the highlights of the Crizac IPO issue date, size, price and much more. It would help further analysis of key financials and the Crizac Limited IPO GMP later in this blog.
The timeline of the Crizac Limited IPO is discussed here.
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The issue size of the Crizac IPO is discussed here.
The objectives of the Crizac Limited IPO can aid in understanding the capital justification of the issue.
The table below provides a breakdown of the offer.
Some other key highlights of the Crizac IPO lot size and the Crizac IPO share price are as follows.
Along with the Crizac share price, investors must explore the particulars of different investor categories.
The table below shows the key fiscal measures that acted as a basis for the issue price.
Let us explore the Crizac IPO GMP today, that is 2 July 2025. The IPO opened in the Grey Market Area at a premium of ₹21.
Discussed below are the advantages and disadvantages of Crizac Limited and its IPO.
Strengths
Key B2B player is a growing and historically strong abroad education segment.
A massive client base of popular institutes.
Wide agent base driving business.
Experienced promoters with domain expertise.
Risks
Heavily dependent on limited global institutions. The top 5 institutions contributed 60.28% of revenue in 2025,
Business model driven by agents. Moreover, out of 10,362 registered agents, 3,948 were active agents.
Geographical concentration in the UK. For instance, in 2025, 95.12% of the revenue was generated from the UK.
Geopolitical tensions and global trade unrest can hamper business.
Optimum analysis of the Crizac IPO GMP price, financial statements, along with other IPO-related details, is necessary for decision-making. Though the abroad education drive has been consistently high in India, anti-immigration drives might pose a threat. However, recently, India has signed a free-trade agreement with the United Kingdom.
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