Crizac IPO GMP Today: Indian investors can take part in a company’s growth by purchasing shares when it goes public through initial public offerings, or IPOs. Due to its involvement in the education sector and its Grey Market Premium (GMP), which suggests possible listing benefits, the Crizac IPO, which was introduced on July 2, 2025, has attracted interest. Navigating IPO investments and comprehending concepts like GMP can be daunting for novices. In order to ensure a beginner-friendly approach to this investment opportunity, this article breaks down the Crizac IPO, explains its current GMP as of July 3, 2025, and offers helpful advice for Indian investors to make safe judgements.
What is an initial public offering (IPO)?
When a private firm initially exposes its shares to the public in order to generate money, this is known as an initial public offering, or IPO. These shares are available to investors at a set price range, and they trade freely after being listed on stock exchanges such as the BSE or NSE. Although initial public offerings (IPOs) present an opportunity to invest early in potential businesses, they also carry risks because of market volatility and a lack of historical data.
What is the Grey Market Premium (GMP)?
The price at which initial public offerings (IPO) shares trade on the unauthorised grey market prior to their formal listing is known as the Grey Market Premium (GMP). Based on anticipated demand, investors purchase and sell initial public offerings (IPO) shares on the unregulated grey market. Indicating possible listing gains, a positive GMP, such as ₹25, indicates that shares are trading above the IPO price. For instance, the expected listing price for an IPO may be ₹270 if the upper price range is ₹245 and the GMP is ₹25. Beginners should use GMP carefully in conjunction with fundamental analysis, though, as it is not an official indication and is subject to change.
About Crizac Limited
Crizac Limited is a B2B education platform located in Kolkata that was founded in 2011 and specialises in recruiting overseas students for institutions in the UK, Canada, Ireland, Australia, and New Zealand. From FY23 to FY25, it processed over 7,11,000 student applications and linked more than 10,362 registered agents from more than 75 countries with more than 173 international universities [IPO Central]. From ₹274 crore in FY23 to ₹849 crore in FY25, Crizac’s patented technology platform and asset-light approach have generated a 76% revenue CAGR, while the company’s net profit increased from ₹118.90 crore to ₹152.93 crore (LiveMint).
Crizac IPO Details
Through the offer-for-sale (OFS) of 3.51 crore equity shares, entrepreneurs Pinky and Manish Agarwal want to collect 860 crore through the Crizac IPO, a mainboard offering. Investor euphoria may be tempered by the fact that, as an OFS, the proceeds go to the selling shareholders rather than the business. Important information includes:
- Date of IPO Opening: July 2, 2025
- Date of IPO Closure: July 4, 2025
- Price range for each share: ₹233–₹245
- 61 shares (minimum investment ₹14,213–₹14,945) make up the lot.
- Size of Issue: 860-crore
- Listing: July 9, 2025, tentatively, on the BSE and NSE
- Lead Managers for Book-Running: Anand Rathi Advisors and Equirus Capital
- MUFG Intime India Private Limited is the registrar.
Institutional trust was demonstrated by the ₹258 crore received by the IPO from anchor investors like as Motilal Oswal MF, ICICI Prudential MF, and Societe Generale [Business Standard]. A cautious level of institutional and retail interest was indicated by the low day-1 subscription rate of 0.46 times overall, retail at 0.60 times, NII at 0.62 times, and QIB at 0.09 times. [LiveMint]
Investors are very interested in the IPO, which is scheduled to debut on July 2, 2025, and close on July 4, 2025. With a minimum investment between ₹14,213 and ₹14,945, the IPO needs a lot size of 61 shares and is priced between ₹233 and ₹245 per share. The whole ₹860 crore issue is being sold only through the Offer for Sale (OFS) process. July 9, 2025, is the estimated date of listing on Indian stock markets. The IPO was subscribed 0.46 times overall on the first day of subscription, with individual investors subscribing 0.60 times, non-institutional investors (NII) 0.62 times, and qualified institutional buyers (QIB) 0.09 times. This IPO presents a chance for investors wishing to diversify their holdings due to its fair price range and moderate early reaction. Stay updated on listing performance and subscription trends.
Current GMP as of July 3, 2025
According to current market sources, as of July 3, 2025, the Grey Market Premium for the Crizac IPO is around ₹22–₹25 [Economic Times]. This indicates that the listing price should be between ₹267 and ₹270, which is 9–10% more than the highest price range of ₹245. Growing grey market demand after the IPO opened was reflected in the GMP, which increased from ₹0 on June 27, 2025, to ₹21 on July 2, 2025 [LiveMint]. But GMP is subject to change, and the low day 1 subscription rate indicates cautious investor sentiment—possibly as a result of the OFS structure.
How to Understand GMP
GMP provides an overview of market mood for beginners:
- Demand is indicated by a positive GMP (₹22–₹25), which suggests that shares may list above the IPO price and could produce a 9–10% return.
- Volatility: Because GMP is unofficial, it is subject to quick changes in response to news or market conditions.
- Not a Guarantee: Because market conditions on listing day (July 9, 2025) might vary, a high GMP does not guarantee listing profits.
To properly apply GMP:
- Compare it to the company’s core metrics, such as the P/E ratio (~28 times FY25 profits) and sales growth (76% CAGR).
- Every day, check subscription rates because better listing success is frequently correlated with more demand.
- Keep an eye out for developments that impact sentiment on sites such as (Moneycontrol).
How the Crizac IPO Application Process Works
- Create a Demat Account: Create a free Demat account with digital KYC by using SEBI-regulated platforms such as [Zerodha], [Groww], or [Upstox].
- Apply via UPI or ASBA: For retail applications, utilise UPI, or link your bank account for Application Supported by Blocked Amount (ASBA).
- Bid for lots: Apply for at least 61 shares (₹14,945 @ ₹245) or multiples of that to place a bid for lots. Allocation possibilities are increased by bidding at the cutoff price.
- Track Allotment: On July 7, 2025, visit the registrar’s website [MUFG Intime] to view the allotment status.
- Watch Listing: On July 9, 2025, shares will become public; follow performance on the BSE and NSE or through applications like [Groww].
Risks and Considerations
There are risks associated with investing in IPOs, such as Crizac:
- Low Subscription: The first-day subscription rate of 0.46 times indicates a lacklustre level of demand, which may result in flat or negative listing gains.
- OFS Structure: The firm does not get any profits, which may restrict expansion capital and investor trust.
- GMP Reliability: Since GMP is a conjecture, it might not accurately represent listing performance.
- Market Volatility: Listing may be impacted by sector-specific risks (such as changes in educational regulations) or global economic issues.
- Concerns about valuation: Crizac’s pricing is reasonable when compared to competitors such as Indiamart (27.18), although it is a little more costly than IDP Education (7.86) with a P/E ratio of about 28 times. [LiveMint].
Citing Crizac’s robust growth and scalable business, Canara Bank Securities advises subscribing for long-term returns, but warns about regulatory risks and revenue concentration [LiveMint]. To prevent overexposure, novices should only allocate 5–10% of their portfolio.
Frequently Asked Questions (FAQs)
What is today’s Crizac IPO GMP?
The GMP as of July 3, 2025, is between ₹22 and ₹25, indicating a listing price between ₹267 and ₹270.
Is the Crizac IPO a wise choice for beginner investors?
Although its OFS structure and low subscription rate indicate caution, its growth potential is tremendous. Do extensive research or speak with a financial counsellor.
What is the required investment amount for the Crizac IPO?
It costs ₹14,945 for a minimum of 61 shares at ₹245.
When will shares of the Crizac IPO list?
The BSE and NSE have set July 9, 2025, as the potential listing date.
What is meant by a positive GMP?
Although it’s not a certainty, it suggests possible listing advantages by indicating grey market interest.
An Example from Real Life
Situation: Priya, a thirty-year-old Mumbai teacher who makes ₹40,000 a month, want to invest in the Crizac initial public offering.
- Action: She uses [Moneycontrol]to follow the status of her subscription, establishes a Demat account with [Groww], and applies for 61 shares at ₹245 (₹14,945) using UPI.
- Result: The result is that her investment increases to ₹16,470, a gain of ₹1,525 (10.2%), if shares list at ₹270 (GMP ₹25). To ensure low risk, she restricts investment to 5% of her ₹3 lakh portfolio.
Conclusion
Driven by its robust expansion in the education sector, the Crizac IPO provides a possible 9–10% listing gain, with a GMP of ₹22–₹25 as of July 3, 2025. Its modest day-1 subscription and OFS structure, however, point to cautious optimism. Beginners should allocate a modest amount of their capital, apply through reliable platforms such as [Groww] or [Zerodha], and perform basic research before making an investment. Keep up of subscription and GMP trends, and seek advice from a financial counsellor to match your objectives. Join the Crizac IPO now, but make smart investments!
Disclaimer: Investing in an IPO is risky. A financial professional should be consulted prior to investing. The article is just meant to be instructive.
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