243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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Crizac Limited

Kolkata

Date of DRHP : 18 Nov 2024

Issue Type : Book Building Process

IPO Type :
MainBoard IPO

Crizac Limited Basic Details

   Education - Edtech

Sub Sector: B2B education platform for agents and global institutions

About the Company

Crizac is a B2B 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 their strength as a result of their strong relationships built over time with global institutions of higher education in the United Kingdom.
For the 6 month period ended September 30, 2024 and Fiscals March 31, 2024, March 31, 2023 and March 31, 2022, they sourced applications for enrolment into global institutions of higher education from over 75 countries through their agents globally who are registered on their proprietary technology platform. During the 6 month period ended September 30, 2024 and Fiscals 2024, 2023 and 2022, they processed over 5.95 lakh student applications while working with over 135 global institutions of higher education. As of September, 2024, they have around 7,900 agents globally who are registered on their proprietary technology platform and during Fiscal 2024, they have 2,532 active agents (i.e., agents from whom their Company has received applications during Fiscal 2024) (Active Agents) comprising 1,524 Active Agents in India and around 40% Active Agents i.e., 1,008 Active Agents in over 25 countries overseas including United Kingdom, Nigeria, Pakistan, Bangladesh, Nepal, Sri Lanka, Cameroon, Ghana, Kenya, Vietnam, Canada and Egypt.

Financial Summary (Annualised Basis)

Revenue :
628.38 Cr.

PAT :
123.50 Cr.

Crizac Limited IPO Registrar

Link Intime India Private Limited

Crizac Limited DRHP Details

Objects of issue

  • Utilisation of the Offer proceeds by Selling Shareholders.
  • Offer Related Expenses

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FAQs

Crizac operates in Education - Edtech and B2B education platform for agents and global institutions. The Issue would be listed on MainBoard. The registrar of the Issue is Link Intime India Private Limited. The IPO type of Crizac is Book Building Process and Object of issue is

  • Utilisation of the Offer proceeds by Selling Shareholders.
  • Offer Related Expenses

The DRHP (Draft Red Herring Prospectus) of Crizac IPO was filed on 18 Nov 2024.

No, Crizac IPO is not yet listed. See other upcoming MainBoard IPOs here.

The IPO open date and IPO close date of Crizac are not available now. You can apply in Crizac IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.

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