Choice Equity Broking, Crizac Ltd
Crizac Ltd. (Crizac), a B2B education platform for agents and global institutions of higher education offering international student recruitment solutions to global institutions, is coming up with an IPO to raise around Rs. 860.0cr, which opens on 2 nd Jul and closes on 4 th Jul, 2025. The price band is Rs. 233 - 245 per share. • This public issue is entirely OFS, thus the company will not receive any proceeds from this public issue. • Some of the Promoters are participating in the OFS and offloading 3.510cr equity shares. Post-IPO, the P&PG and public shareholders will have 79.94% and 20.06% stake in the company, respectively.
Valuation and Outlook
In a competitive space alongside players like IDP, ApplyBoard, and Leap Scholar, Crizac offers a differentiated, credible, and proven model. Therefore, we recommend a “SUBSCRIBE” rating for issue.
For all IPO report, click here
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