Crizac Ltd.

CRIZAC

Equity

NSE,BSE

Min. Investment

2,33,000.00

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IPO Details

Bidding Dates

02 Jul 25 - 04 Jul 25

Lot Size

61

Price Range ₹

233 - 245

Exchange Status

NSE,BSE

Total Equity

0.00Cr

IPO Doc

IPO Timeline

Offer start

02 Jul 2025

Offer end

04 Jul 2025

Allotment

07 Jul 2025

Refund initiation

08 Jul 2025

Demat transfer

08 Jul 2025

Listing

09 Jul 2025

About Company

Crizac Limited, incorporated in 2011, is a leading B2B education platform that specializes in international student recruitment solutions for global higher education institutions across the United Kingdom, Canada, Ireland, Australia, and New Zealand. Headquartered in India with key operations in London, the company enables institutions to recruit students efficiently through its proprietary technology platform. Crizac connects institutions with a vast network of over 10,000 registered education agents across 39+ countries. In FY25, the platform processed over 7.1 lakh student applications and supported recruitment efforts for more than 170 global institutions. Its agent base includes around 3,900 active agents, with strong representation in India and emerging markets such as Nigeria, Pakistan, Ghana, and Vietnam. The company has a team of over 360 professionals and consultants with expertise in education, technology, and global admissions. Crizac has built long-term institutional partnerships, particularly in the UK, which accounts for the majority of its revenue. Backed by experienced promoters and a strong advisory board, Crizac has demonstrated robust financial growth with rising profitability and low debt levels, positioning itself as a key enabler in the global higher education ecosystem.

Year Founded

03-01-2011

Promotor Details

Vikash Agarwal

Promoter Holdings Details

ParticularPre-IPOPost-IPO
Percentage1000
Share Capital1749825000
0

Project Details

  • None - Nonecr

Highlights

  • Strong international operations across 39+ countries with a vast agent network.
  • Technology-enabled platform ensures smooth processing of student applications.
  • High volume of student applications processed annually, reflecting scale and demand.
  • Skilled and experienced leadership team with global expertise in the education sector.
  • Robust financial performance with growing revenue and minimal debt levels.

Challenges

  • Heavy dependence on the UK market for revenue, making it vulnerable to policy changes.
  • Revenue concentration from a limited number of institutional tie-ups.
  • Non-exclusive agent network may lead to inconsistent sourcing and competition risk.
  • Limited contractual guarantees from institutional partners could affect stability.
  • Sensitive to changes in visa rules and geopolitical conditions in target countries.
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